Dhaka, Bangladesh (BBN): Dhaka Stock Exchange (DSE) has decided to hold election to get new directors, president and vice presidents ahead of proposed demutualsation, officials said.
As per DSE decision, the election to get four directors is supposed to be held on June 13 this year and the annual general meeting (AGM) for selecting a president, a senior vice-president and a vice-president is likely to be held June 15.
Usually the DSE holds election and AGM every year in March.
The DSE authority initially was less interested to hold election and AGM, as the demutualisation, a process of separating management from board, is likely to be completed within a few months.
DSE President Rakibur Rahman said the demutualisation bill is supposed to be passed by Parliament in its last session.
BBN/BB/AD/14Mar-13-10.40am (BST).