Tuesday, June 26, 2012
Press Release on Bahrain Bourse's Board of Directors Meeting
The Board of Directors of Bahrain Bourse (BHB) held its third meeting on Sunday, 24th June 2012 chaired by Mr. Yusuf Abdulla Humood, Chairman of BHB.
The Board discussed the issues on the agenda including the latest developments at BHB and also the periodic report of Bahrain Bourse’s performance and GCC capital markets. The Board also approved BHB’s financial results for the period ended 31st March 2012.
The Board was briefed on the latest progress made in BHB’s strategic plan to increase cooperation and coordination with government and private entities to attract SMEs and to continue developing the investment environment in a way that attract this type of companies to list on BHB. The Board also reviewed BHB’s efforts to implement a program that aims at increasing investment awareness among influential institutions in economy and investors.
During the meeting, the Board approved the Charter of the Auditing, Risk, and Corporate Governance Committee and the Charter of the Executive, Remuneration and Nomination Committee as well as the policies of the Business Continuity Management Plan.
Finally, the Board discussed the reports from its sub-committees that look into various issues relating to the bourse’s activities.