BSEX’s Share Holders Hold a Meeting
Azerbaijan, Baku / Trend corr. I.Khalilova / The Baku Stock Exchange (BSEX) reported that share holders of the Stock Exchange held a meeting on 11 May.
The re-election of the Monitoring Council, Inspection Commission is expected to be held due to the expiration of their term.
The meeting includes the formal appointment of Zia Shimiyev to the post of Director for BSEX Business Development and the office of its Marketing Director.
According to the procedure, all new trade rules at the Stock were approved by the Share Holders' General Meeting, which hindered to take a flexible solution.
An international auditor' involvement was also included into the agenda.
These plans are closely linked with the incomes.
The income of the BFB comprised to $400.000 that makes the coefficient of yield on capital at a rate of 22. The loss occurred for the last years were covered at an amount of $200.000. The real yield reached about $600.000," noted the Head of the Stock
BSEX presently consists of 18 share holders.