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Grameenphone AGM held

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Update: 2016-04-19 09:37:53
Grameenphone AGM held

DHAKA: An annual general meeting (AGM) of country’s largest telecom operator Grameenphone (GP) was held at Bashundhara Convention Centre in city on Tuesday (April 19).

GP board members, CEO Rajeev Sethi and other senior officials were present at the meeting, chaired by board director M Shahjahan and conducted by GP company secretary Hossain Sadat.

Chairman of the AGM thanked the shareholders for their trust on the company and briefly talked about growth potential in Bangladesh telecom sector, regulatory uncertainties, GP’s ambition to provide ‘Internet for All’ etc, while the CEO mainly highlighted the operational & financial performance of the company and successful 3G rollout, in their respective speeches.

Speaking on the occasion chairman of the AGM said, “Through 2015, we have continued to invest resources to transform the Grameenphone into a new generation telecommunications company, pushing beyond voice and SMS”.

“Grameenphone aims to be a digital frontrunner, taking a strong lead in developing and adapting new technology and delivering new services to its customers.”

GP has paid 80% Interim Dividend (Cash) during 2015. The Board of Directors also recommended 60% Final Dividend (Cash) making a total dividend of 140% of the paid-up capital (i.e. BDT 14 per share) for 2015.

The shareholders approved the above total dividend for 2015.

GP will run fast-track on-line dividend distribution towards its shareholders in keeping its promises following the practices of earlier years.

The other activities of the AGM were adoption of the Directors’ Report and Auditors’ Report together with the Audited Financials 2015, election/re-election of the Directors and appointment of Auditors.

BDST: 1720 HRS, APR 19, 2016
RR/SMS

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