Regarding appointment or re-appointment of any member of the Board of Directors of any listed Company

Bangladesh Securities and Exchange Commission
Securities Commission Bhaban
E-6/C Agargaon
Sher-e-Bangla Nagar Administrative Area
Dhaka-1207, Bangladesh.

NOTIFICATION
5 February 2020

No. BSEC/CMRRCD/2009-193/3/Admin/104.- Whereas, the Bangladesh Securities and Exchange Commission deems it fit that the consent already accorded by the Commission, or deemed to have been accorded by it, or to be accorded by it in future, to the issue of capital by the companies listed with any stock exchange in Bangladesh, shall be subject to certain further condition in the interest of investors and capital market;

Now, therefore, in exercise of the power conferred by section 2CC of the Securities and Exchange Ordinance, 1969 (Ordinance No. XVII of 1969), in continuation of the Corporate Governance Code vide Notification No. BSEC/CMRRCD/2006-158/207/Admin/80 dated 3 June 2018 (published in the Bangladesh Gazette on 10 June 2018), the Commission hereby imposes the following further condition:

In the Directors' Report to the Shareholders, the Board of a listed company shall make disclosure, in case of appointment or re-appointment of any member of the Board of Directors, about the primary employment and other engagement including directorship in other companies in the resume of such member of the Board of Directors.

By order of the Bangladesh Securities and Exchange Commission

Dr. M. Khairul Hossain
Chairman.