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Unique Hotel to hold AGM December 27

Staff Correspondent
05 Dec 2021 00:00:00 | Update: 05 Dec 2021 04:00:52
Unique Hotel to hold AGM December 27

The Unique Hotel and Resorts Limited is all set to hold its 20th annual general meeting (AGM) through virtual platform on December 27.

The AGM is expected to approve a 10 per cent final cash dividend that was recommended to the general shareholders for the year ending on June 30.

For the year, the sponsor shareholders and directors will not receive any dividend.

The hotel reported solo earnings per share (EPS) of Tk 1.41 and consolidated EPS negative Tk 0.33 for the financial year 2020-21. In the previous year, its solo EPS was Tk 0.95 and consolidated EPS Tk 0.88.

It posted a net asset value per share of Tk 88.03 for the year.

The Unique Hotel has a paid-up capital of Tk 294 crore while it holds a surplus reserve of Tk 1,433 crore.

The company has had continuous profit booking in the last five years. Due to the Covid-19 pandemic, its profit dropped to Tk 28 crore in FY20, which was Tk 59 crore in the previous year.

Unique Hotel and Resorts was established on November 28, 2000 and received the certificate of commencement of business under the brand name - The Westin Dhaka - on July 1, 2007.

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