Mamun Agro is prepared to reach the main market

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Mamun Agro is prepared to reach the main market

B Mirror Desk: Mamun Agro Products Limited, a company listed on the SME Market through a Qualified Investor Offer (QIO) in the country’s capital market, wants to come to the main market. The company recently took this decision in a board meeting. In addition, the company will hold a special general meeting (EGM) on June 15 to approve a set of decisions taken in the board meeting.

This information was reported by Dhaka Stock Exchange (DSE).

According to sources, the company’s board meeting was held last Wednesday (April 23). In the meeting, it was decided to transfer the company’s shares from the SME market to the main market. This will be approved by the shareholders in the company’s EGM unanimously. Along with this, it will prepare for entering the main market and seek the consent of the Bangladesh Securities and Exchange Commission (BSEC). The company will start trading in the main market once it receives the consent of the BSEC.

It is learned that in the company’s EGM, it was decided to amend the company’s name from Mamun Agro Products Limited to Mamun Agro Products PLC. In the meeting, the board of directors decided to appoint Israt Jahan Ani as an independent director on the company’s board of directors for a period of 1 year. This will be held at the next annual general meeting (AGM) subject to the approval of the shareholders.

The company’s EGM will be held on June 15 at 11:30 am through a digital platform. The record date in this regard has been set for May 18. In the EGM, shareholders whose names are on the record date The company said that members of the company will be on the register, and they will be able to attend and vote.

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