Grameenphone holds first virtual AGM


21st April, 2020 09:48:30 printer

Grameenphone holds first virtual AGM

The 23rd annual general meeting (AGM) of mobile phone operator Grameenphone was successfully held on Tuesday by using the digital platform.
It arranged the virtual meeting this year in compliance with the directives set by Bangladesh Securities and Exchange Commission and considering the health and safety of all shareholders, staff and others during the ongoing COVID-19 situation.

As the concept is new in Bangladesh, Grameenphone designed and developed this digital platform to run the 23rd virtual AGM of the company to provide continuous and meaningful shareholder engagement and participation, said a press release.
Petter B Furberg, Chair of Grameenphone Board; Yasir Azman, Grameenphone CEO; along with other board members and senior officials of the company were present at the virtual AGM conducted by Company Secretary SM Imdadul Haque.
The Board of Directors also announced a final dividend for the year of 2019 in cash at the rate of 40 percent of the paid-up capital or Tk 4 per share of Tk 10 each.
With this cash dividend pay-out, the total cash dividend stands at 130 percent of the paid-up capital, including the previous 90 percent interim cash dividend pay-out, amounting to 50.86 percent of profit after tax for previous year.