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The Financial Express
Swasti Lankabangla Swasti Lankabangla

GP arranges AGM, approves 100pc dividend

| Updated: April 22, 2018 11:59:04


GP holds AGM, approves 100pc dividend

Grameenphone (GP) Limited has organised its 21st Annual General Meeting (AGM) at the International Convention City Bashundhara (ICCB) in the capital.

The board of directors approved 100 per cent cash dividend, making a total dividend of 205 per cent of the paid-up capital, for the year ended 31 December, 2017, says a media release.

They also approved the directors’ report, auditor’s report, and the audited accounts at the 9th AGM for the GP since it becomes a listed company in 2009.

Chair of Grameenphone Board Petter B Furberg and its Chief Executive Officer (CEO) Michael Foley, along with other board members and senior officials of the company, were present at the AGM.

The company secretary of the Grameenphone S.M. Imdadul Haque conducted the meeting.

The GP also arranged its 21st Extra-Ordinary General Meeting (EGM) while the shareholders approved the amendments to the object clause made in the memorandum of association of the company.

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