Notification on Record Date and AGM Requirements for Listed Security Issuers

NOTIFICATION
May 04, 2010
No. SEC/CMRRCD/2009-193/part-II/35/Admin/03-43: Whereas, the Securities and Exchange Commission deems it fit that the consent already accorded by the Commission, or to be accorded by it in future, to the issue of capital in Bangladesh, or to the public offer of securities for sale, should be subject to certain further conditions in the interest of investors and the capital market; Now, therefore, in exercise of the power conferred by section 2CC of the Securities and Exchange Ordinance, 1969 (XVII of 1969), the Securities and Exchange Commission hereby imposes the following further conditions to the consent already accorded by it, or to be accorded by it in future, to the issue of capital in Bangladesh, or to the public offer of securities for sale, namely:- a) The record date or commencement of book closure period of the listed security issuers shall be as per requirements prescribed in the listing regulations of the stock exchanges. b) Annual General Meeting (AGM) shall be held by the listed securities issuers within 45 (forty-five) working days from the record date or commencement of book closure date, as the case may be.

This Notification shall supersede the previous Notification No. SEC/CMRRCD/2008- 183/Admin/03-36 dated October 05, 2009 and shall have immediate effect. By order of the Securities and Exchange Commission

Md. Ziaul Haque Khondker
Chairman.