News Briefs (24-04-2019)

GP holds AGM

The 22nd Annual General Meeting (AGM) of Grameenphone Ltd. was held on Tuesday at the International Convention City, Bashundhara (ICCB). Tuesday. During the AGM, Grameenphone shareholders approved 155% Final Dividend (Cash) and 125% Interim Dividend (Cash), which has already been paid. The cumulative dividend for 2018 stands at 280% of paid up capital (i.e. BDT 28 per share). As per usual practice, Grameenphone will ensure fast-track on-line divided distribution. At the occasion, Chair of Grameenphone Board, Petter B. Furberg, and Grameenphone CEO, Michael Foley, along with other Board members and senior officials of the Company, were present. The AGM was conducted by the Company Secretary, S.M. Imdadul Haque. During the AGM, Chair of Grameenphone thanked the shareholders for their continuous trust on the company and briefly talked about regulatory uncertainties and its impact on overall business growth of the company. The CEO mainly highlighted the operational & financial performance of the Company and successful 4G rollout.

— Statement

Al-Arafah holds AC meeting

The 185th Audit Committee Meeting of the Board of Directors of Al-Arafah Islami Bank Limited was held at Al-Arafah Tower on Tuesday. Amir Uddin PPM, Chairman of the Committee presided over the meeting. The Meeting reviewed and discussed about various audit related issues of the Bank. Members of the Committee Alhajj Md. Abdus Salam, Alhajj Abdul Malek Molla, Alhajj Niaz Ahmed, Khalid Rahim, Managing Director and CEO Farman R Chowdhury, Deputy Managing Director Mohammed Zubair Wafa, Senior Executive Vice President and Company Secretary Md. Mahmudur Rahman and other executives were present in the meeting.

— Statement