AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi, Members of Bunny’s Limited (“the Company”), in accordance with section 159(4) of the Companies Act, 2017, have been informed that seven candidates will assume director roles unopposed at the upcoming Extra Ordinary General Meeting (EOGM). The meeting is set for Friday, June 28, 2024, at 2:30 PM at the company’s registered office and will also be accessible through video link.
The candidates include Mr. Omar Shafiq Chaudhry, Miss Maya Omar, Mrs. Saadia Omar, Miss Mahnoor Chandhry, Miss Mahnan Omar, Mr. Rafi-uz-Zaman Awan, and Mrs. Shahzi Khan. The number of candidates matches the number of director positions available, set at seven by the company’s Board of Directors under section 159(1) of the Companies Act, 2017.
According to information available from the Pakistan Stock Exchange (PSX), these appointments reflect the company’s compliance with corporate governance requirements stipulated under national law. The straightforward nature of this election process, without the need for voting due to the number of candidates equalling the number of available positions, simplifies the transition and ensures continuity in the company’s leadership.