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7% Stock (Bonus), & 5% Cash Dividend approved by the 19 th Annual General Meeting (AGM)

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The Shareholders of the Information Technology Consultants Limited (ITC) approved 7% Stock (Bonus) & 5% Cash dividend for the year 2018-19. The approval came from the 19 th Annual General Meeting (AGM) of the company held on December 05, Thursday at the Raowa Convention Hall, Mohakhali, Dhaka.

Mr. Lim Kiah Meng, Chairman of the company presided over the meeting. Dr. Kazi Saifuddin Munir, Managing Director & CEO, Mr. Md. Waliuzzaman FCA, Independent Director, Mr. Md. Haqueful Shaikh, Independent Director, Mr. Osman Haidar, Director-Business, Other Directors, Mr. Shyamal Kanti Karmakar, CFO and Mr. Anindya Sarkar ACS, Company Secretary were present in the meeting.

10% STOCK (BONUS) DIVIDEND APPROVED BY THE 18TH ANNUAL GENERAL MEETING (AGM)

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The Shareholders of the Information Technology Consultants Limited (ITC) approved 10% Stock (Bonus) dividend for the year 2017-18. The approval came from the 18th Annual General Meeting (AGM) of the company held on December 06, Thursday at the Raowa Convention Hall, Mohakhali, Dhaka.

Mr. Lim Kiah Meng, Chairman of the company presided over the meeting. Mr. Salahuddin Alamgir, Vice Chairman, Dr. Kazi Saifuddin Munir, Managing Director & CEO, Mr. Md. Waliuzzaman FCA, Independent Director, Mr. Md. Haqueful Shaikh, Independent Director, Other Directors, Mr. Shyamal Kanti Karmakar, CFO and Mr. Anindya Sarkar ACS, Company Secretary were present in the meeting.

BANGLADESH POST OFFICE RECEIVED ‘ASOCIO-2017 DIGITAL GOVERNMENT AWARD’ FOR POSTAL CASH CARD AND E-CENTER INITIATIVES

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Bangladesh Postal Department has been awarded with ‘ASOCIO-2017 Digital Government Award’ of Asian-Oceanian Computing Industry Organization (ASOCIO) in Malaysia in recognition of taking multidimensional digital services to rural people.

Some news link is given:

http://epaper.thedailystar.net/index.php?opt=view&page=3&date=2017-11-21

http://today.thefinancialexpress.com.bd/last-page/pm-receives-asocio-2017-digital-govt-award-1511200070?date=21-11-2017

http://www.clickittefaq.com/pm-receives-asocio-2017-digital-government-award/

http://businessnews24bd.com/pm-receives-asocio-2017-digital-govt-award/

http://en.ntvbd.com/bangladesh/154013/PM-receives-two-awards-won-by-Postal-Department

http://english.kalerkantho.com/online/national/2017/11/20/3296

10% STOCK (BONUS) DIVIDEND APPROVED BY THE 18TH ANNUAL GENERAL MEETING (AGM)

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The Shareholders of the Information Technology Consultants Limited (ITC) approved 10% Stock (Bonus) dividend for the year 2017-18. The approval came from the 18th Annual General Meeting (AGM) of the company held on December 06, Thursday at the Raowa Convention Hall, Mohakhali, Dhaka.

Mr. Lim Kiah Meng, Chairman of the company presided over the meeting. Mr. Salahuddin Alamgir, Vice Chairman, Dr. Kazi Saifuddin Munir, Managing Director & CEO, Mr. Md. Waliuzzaman FCA, Independent Director, Mr. Md. Haqueful Shaikh, Independent Director, Other Directors, Mr. Shyamal Kanti Karmakar, CFO and Mr. Anindya Sarkar ACS, Company Secretary were present in the meeting.

ITCL WON THE "THE DAILY STAR ICT AWARD" - BEST SOLUTION PROVIDER

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The Daily Star and the Bangladesh Association of Software and Information Services (BASIS) honored ICT Industries for their contribution to the country's IT Sector Development. In this event Information Technology Consultants Ltd. was adjudged as the best “ICT Solution Provider” national focus for the year 2015! Honorable Finance Minister Abul Maal Abdul Muhith awarding out the trophy to ITCL MD & CEO Dr. Kazi Saifuddin Munir, in “The Daily Star ICT Awards” at Le Méridien hotel in Dhaka.

Q-CASH: A LEADER IN E-PAYMENT

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The Daily Star

12:00 AM, November 02, 2016 / LAST MODIFIED: 12:29 AM, November 02, 2016

ACCOLADES FOR ICT CHAMPIONS

Q-CASH: A LEADER IN E-PAYMENT

A promising sector for job creation, ICT is the next big export-oriented industry after garments. To recognise the role of the sector, The Daily Star and BASIS honoured four individuals and as many IT firms at a function on Friday. The event was organised in association with Brac Bank, TiE Dhaka and Le Méridien.

Dr. Kazi Saifuddin Munir

Dr. Kazi Saifuddin Munir turned a crisis into a perfect opportunity.

He spent two decades in Sweden before coming back to his homeland in 1999. He worked very briefly as a consultant for computerisation in the largest state-owned Sonali Bank in 1999. He was surprised to see people in the bank did not even understand the Windows operating system in those days.

“Then I went to Bangladesh Bank and told officials there that I wanted to work with the scheduled banks on building a common network and they agreed happily,” Munir, managing director of IT Consultants Ltd, recalled. “Then I hired four people and started the business of building a common payment processing consortium for banks, now known as Q-Cash.”

The country's first ICT award for his company, IT Consultants Ltd, illustrates the point. ITCL has been recognised as the best solution provider in the local market category.

Established in 2000, ITCL's Q-Cash is now the market leader in the rapidly evolving arena of electronic payment and transaction processing system. Three dozen banks are now ITCL's direct clients.

Q-Cash ATMs handle Tk 150 crore to Tk 200 crore every day and the transactions go up to Tk 400 crore a day during the Eid festivals.

ITCL has employed over 350 people, with 88 percent technical. ITCL also got listed on the Dhaka Stock Exchange last year. The company recorded Tk 8.8 crore in net profit and paid its shareholders 15 percent stock dividends.

Report By: Sajjadur Rahman

16TH ANNUAL GENERAL MEETING (AGM)

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The Shareholders of the Information Technology Consultants Limited (ITC) approved Stock (Bonus) dividend of 15 percent for the year 2015-16. The approval came from the 16th Annual General Meeting (AGM) of the Company held at the Raowa Convention Hall. Mr. Lim Kiah Meng, Chairman of the Company presided over the meeting. Mr. Salahuddin Alamgir, Vice Chairman, Dr. Kazi Saifuddin Munir, Managing Director & CEO, Mr. Md. Waliuzzaman FCA, Independent Director, Mr. Md. Haqueful Shaikh, Independent Director, Other Directors, Mr. Shyamal Kanti Karmakar, CFO and Mr. Anindya Sarkar ACS, Company Secretary were present in the meeting.

WOORI BANK BANGLADESH JOINS Q-CASH

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An agreement was signed between Woori Bank Bangladesh and IT Consultants Limited on 13th December, 2015 at Woori Bank Head Office. Under the agreement Woori Bank become 30th member of ‘Q-Cash’ Consortium and may enjoy services like ATM, POS, Card Management and e-payments in all forms. Moreover, Woori Bank can also introduce chip based EMV Debit, Credit and Prepaid cards. Additionally, under this agreement Woori Bank is going to get connected to the “National Payment Switch Bangladesh”

Mr. Sun Kyu Kim, General Manager & Country Manager; Mr.Jong Wook Park, Deputy General Manager; Mr. Yong Woo Lee, Chief Operating Officer & CFO Woori Bank present at the ceremony. From IT Consultants Limited, Dr. Kazi Saifuddin Munir, MD & CEO.; Mr. Osman Haidar, Director Business; Mr. Ahsan Ullah Chowdhury, Director Operations; Mr. Zubaer Ahmad, Head of Transaction Processing and Business Initiatives and Mr. Mahmud Al Hasan Khan Shishir, Head of Sales & Marketing were present in the ceremony. Higher officials of both the organizations also graced the program.

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