AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi: ARPAK International Investments Limited has officially announced the candidates for its board of directors’ election, scheduled during the Annual General Meeting on October 25, 2024. The election will confirm seven directors, including two independents, for a three-year term starting the same day.
The following candidates have submitted their intention to serve as directors:
1. Mr. Abbas Sarfaraz Khan
2. Ms. Zarmine Sarfaraz
3. Ms. Najda Sarfaraz
4. Mr. Iskander M. Khan
5. Mr. Baber Ali Khan
6. Mr. Falysal Ali Khan
7. Mr. Sher Ali Jaffer Khan
According to the company’s announcement, these seven candidates, including the two independent directors, are set to be elected unopposed as per Section 166(3) of the Companies Act, 2017, since their number matches the slots available as predetermined by the board.
According to information available from the Pakistan Stock Exchange (PSX), this election is a routine governance practice to ensure that ARPAK International Investments Limited maintains a compliant and effective leadership structure.
The upcoming Annual General Meeting will not only see the election of these directors but also mark the beginning of their term, tasked with navigating the company through the evolving financial landscape for the next three years.
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