Chittagong Bureau :
The 11th Annual General Meeting ( AGM) of GPH Ispat Ltd was held on Sunday at the auditorium of Chittagong Club Ltd.
Chaired by Chairman of the Company Md Alamgir Kabir, Managing Director Mohammed Jahangir Alam, Additional Managing Director Md Almas Shimul, Director Md Abdur Rouf, Md Asrafuzzaman, Md Abdul Ahad, Md Azizul Haque, Independent Director Professor Dr. Md Saleh Jahur, Executive Director (ED)- Group Abu Bakar Siddique FCMA, ED- Plant Engr. Madani M. Imtiaz Hossain, ED- F& B.D Kamrul Islam FCA, Company secretary Arafat Kamal FCA and Chief Finance Officer H. M. Ashraf Uz Zaman FCA were present at the general meeting.
Apart from that the share holders of the company were also present at the programme. At the meeting, the financial reports of GPH completed by June 30, 2017, relevant audit reports and reports of board of directors have been approved unanimously. The meeting also approved 1o% (5% cash & 5% bonus) dividend for the shareholders for the 2016-2017 fiscal year.
Chairman Alamgir Kabir said a strong and intellectual management team and an independent corporate structure which is being setup based on customers and employees’ approach is behind the success of GPH Ispat. Our working skill and production result are also linked with overall cost management and for these reason, we have overcome the possible challenges and earned profit for our shareholders.
Managing Director Mohammed Jahangir Alam said “We are working relentlessly over the last few years to set up a “State of the Art” steel plant equipped with ultra modern technologies in Bangladesh and as the sequence of this plan the installation of the new project is going on in full swing and to complete this project by the deadline we have been intensively observing the installation work. Several agreements have already been signed for that.
Installation work of 230 KVA power sub-station is going on and one-forth of the project’s work has already been completed. Hope the project will be completed by 2018-19 fiscal year. After implementation of the new project, we will able to expose our high business potential and strong mobility.
In the meeting, the shareholders of the company expressed their satisfaction and requested the company to maintain the consistency of its success as the company would provide more profit.
At the end of the AGM, the chairman of the meeting thanked the shareholders, Bangladesh Securities and Exchange Commission, Dhaka Stock Exchange Ltd. and Chittagong Stock Exchange Ltd, different financial institutions and its well-wishers and expressed his gratitude’s.
The 11th Annual General Meeting ( AGM) of GPH Ispat Ltd was held on Sunday at the auditorium of Chittagong Club Ltd.
Chaired by Chairman of the Company Md Alamgir Kabir, Managing Director Mohammed Jahangir Alam, Additional Managing Director Md Almas Shimul, Director Md Abdur Rouf, Md Asrafuzzaman, Md Abdul Ahad, Md Azizul Haque, Independent Director Professor Dr. Md Saleh Jahur, Executive Director (ED)- Group Abu Bakar Siddique FCMA, ED- Plant Engr. Madani M. Imtiaz Hossain, ED- F& B.D Kamrul Islam FCA, Company secretary Arafat Kamal FCA and Chief Finance Officer H. M. Ashraf Uz Zaman FCA were present at the general meeting.
Apart from that the share holders of the company were also present at the programme. At the meeting, the financial reports of GPH completed by June 30, 2017, relevant audit reports and reports of board of directors have been approved unanimously. The meeting also approved 1o% (5% cash & 5% bonus) dividend for the shareholders for the 2016-2017 fiscal year.
Chairman Alamgir Kabir said a strong and intellectual management team and an independent corporate structure which is being setup based on customers and employees’ approach is behind the success of GPH Ispat. Our working skill and production result are also linked with overall cost management and for these reason, we have overcome the possible challenges and earned profit for our shareholders.
Managing Director Mohammed Jahangir Alam said “We are working relentlessly over the last few years to set up a “State of the Art” steel plant equipped with ultra modern technologies in Bangladesh and as the sequence of this plan the installation of the new project is going on in full swing and to complete this project by the deadline we have been intensively observing the installation work. Several agreements have already been signed for that.
Installation work of 230 KVA power sub-station is going on and one-forth of the project’s work has already been completed. Hope the project will be completed by 2018-19 fiscal year. After implementation of the new project, we will able to expose our high business potential and strong mobility.
In the meeting, the shareholders of the company expressed their satisfaction and requested the company to maintain the consistency of its success as the company would provide more profit.
At the end of the AGM, the chairman of the meeting thanked the shareholders, Bangladesh Securities and Exchange Commission, Dhaka Stock Exchange Ltd. and Chittagong Stock Exchange Ltd, different financial institutions and its well-wishers and expressed his gratitude’s.
