BM Desk:
The 17th Annual General Meeting (AGM) of Walton Hi-Tech Industries PLC was held on Sunday with the aim of ensuring continuous and meaningful shareholders’ engagement and participation. The meeting recommended a 300 percent cash dividend for the general shareholders and a 90 percent cash dividend for sponsors and directors for FY 2022–2023.
Walton Hi-Tech Industries’ Chairman S M Shamsul Alam presided over the virtual AGM, while the company’s Vice-Chairman S M Ashraful Alam, Managing Director S M Mahbubul Alam, Directors S M Nurul Alam Rezvi, S M Rezaul Alam, Tahmina Afrose Tanna and Raisa Sigma Hima, Independent Directors Ahsan H. Mansur, Samsul Alam Mallick, and Professor Sadiqul Islam, PhD, FCA, were also present.
During the AGM, the shareholders and board of the company approved the company’s audited financial statements for the financial year 2022-2023 and the reports of the directors and auditors.
The shareholders also approved the recommendation of the board on electing or re-electing the directors and re-appointing an independent director for another three-year term.
The meeting also approved the appointments of Messer’s Howladar Yunus & Co., Chartered Accountants, as the Statutory Auditors and Messer’s Al-Muqtadir Associates as Corporate Governance Compliance Auditors for FY 2023-2024 and fixed their remuneration.
Addressing the AGM, the chairman of the meeting expressed his sincere gratitude to all concerned for making the AGM successful by attending the event.
