Performance of bourse is reviewed

30/12/2011 07:54 AST

The performance of the Bahrain Bourse (BHB) was reviewed at a key meeting.

The BHB board held its fifth meeting, chaired by Yusuf Abdulla Humood, at its premises in the Bahrain Financial Harbour.

It discussed the latest developments at BHB and reviewed the periodic report of the bourse's performance and GCC capital markets.

The board also reviewed BHB's financial results for the period ended November 30.

In addition, the board reviewed the strategy progress report which shows BHB's strategic plan achievements.

It approved a plan aims at implementing corporate governance on the bourse.

The board formed the required committees in accordance with the Governance Charter issued by the Industry and Commerce Ministry and in accordance with the requirements issued by Central Bank of Bahrain.

It also approved an action plan to implement the requirements of corporate governance in 2012.

Reports from committees that were formed to look into various issues relating to the bourse's activities were also reviewed.


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