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The Board of Directors of PEX extends the contract of its CEO

2011-06-30

The Board of Directors of "Palestine Stock Exchange", held a meeting last Sunday, at the headquarters of the stock market in Nablus, where discussed the latest developments related to the Palestinian Stock Exchange, including the recent world Stock Exchanges Federation"s decision to upgrade Palestine stock exchange membership to an affiliate member at the Union, and the recent stock market"s road show results in the British capital, London. The Board also discussed other developments witnessed by the stock market since the beginning of the year; the most important file was listing the public shareholding companies, especially the momentum listing of 2011 where they had listed six new companies in the first half of this year. The meeting discussed the expected activities of the stock market until the end of this year, in addition to discuss the internal, administrative, financial and technical issues. The Board of Directors decided to extend the contract of Palestine Stock Exchange"s Chief Executive Ahmad Aweidah. The meeting of the Board of Directors of the company "Palestine stock exchange", is the third this year, and comes within the rules of stock exchange"s commitment to corporate governance, follow-up to everything related to stock exchange developments, plans and activities in the local changes ,regional and international levels.