DSE to seek permission for AGM deferment
Thursday, 28 February 2008

Staff Correspondent

The Dhaka Stock Exchange at a board meeting on Tuesday decided that the bourse would seek permission of the Registrar of Joint Stock Companies and Firms for deferral of its annual general meeting, scheduled for March 13, said officials.

'We will seek the deferral so that the bourse could hold the AGM after holding the election to the posts of four directors of the DSE board,' said Salahuddin Ahmed Khan, chief executive officer of the DSE.

The bourse took the decision as the DSE directorships polls scheduled for March 9 would not be held as all candidates withdrew their candidatures, he said. 'We will take the next course of action after hearing from the Registrar of Joint Stock Companies and Firms,' said the CEO of DSE.

On Sunday, the last date for withdrawal of candidature, three candidates — MA Mumin, chairman of the Surma Securities Holding Co, Dastagir Md Adil, managing director of the Adil Securities, and Mohammad Lutfar Rahman, managing director of the Latif Securities — withdrew their candidatures.

Earlier on February 20, six candidates out of nine pulled out themselves from the race.

They are Md Feroz Khan, managing director of the Eminent Securities, Md Rafiqul Islam, managing director of the Parkway Securities, Mujibur Rahman, managing director of the Prudential Securities, Azizur Rahman, managing director of the Globe Securities, Khondker Asadul Islam, chief executive officer of the IDLC Securities, and Anwar Hossain, managing director of the Anwar Securities.

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