Palestine Securities Exchange Company holds its Ordinary General Assembly Meeting for 2019

Wednesday, 20 May 2020

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Palestine Securities Exchange Company (PSE) held its Ordinary 2019 General Assembly meeting on Tuesday 19/05/2020 in Ramallah. The meeting was chaired by, Mr. Abdullah Sabat, Vice-Chairman of the Board, and attended by the representative of the companies controller, the  Capital Market Authority general representative, the External Auditor ”Ernest & Young”, the Legal Advisor, and the general assembly members or whomever acts on their behalf.

The General Assembly unanimously approved the 2019 management report, the financial statements and the auditor’s report. The board of directors was discharged for the exercise of their mandate for the financial year 2019.

Mr. Maher Masri, Chairman of the board, who attended via Zoom briefed members of the general assembly about the company prominent developments in 2019.

PSE was established in 1995 as a private company and transformed into a public shareholding company in February 2010. PSE announced its new corporate identity in September 2010and launched its brand “Palestine Exchange” “PEX”. The company was listed on April 4, 2012 at the Palestine Stock Exchange (PEX), becoming the second listed Arab exchange.