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Karachi: Enclosed please find a copy of the Notice of tile Annual General Meeting of Cyan Limited (CYAN) (Formerly Central Insurance Company Limited) to be held on Saturday April 28, 2012 at 12:00 noon at Karachi Marriot Hotel, Abdullah Haroon Road, Karachi, Pakistan for circulation amongst your members.
Notice of the Fifty Second 52nd Annual General Meeting
Notice is hereby given that the Fifty Second 52nd Annual General Meeting (AGM) of Cyan Limited (Formerly Central Insurance Company Limited) will be held at Marriot Hotel, Abdullah Haroon Road, Karachi at 12:00 noon on Saturday the April 28, 2012 to transact the following business;
Ordinary Business:
1. To confirm the minutes of the 51st Annual General Meeting of the Company held on April 30, 2011.
2. To receive, consider and adopt the Audited Financial Statements of the Company for the year ended December 31, 2011. Together with the Auditors’ and Directors’ Reports thereon.
3. To consider and if thought fit, approve payment of final cash dividend at the rate of 25% (Rs.2.5/- per share) for the year ended December 31, 2011 as recommended by the Board of Directors.
4. To appoint Auditors for the year ending December 31, 2012 and to fix their remuneration.
5. To transact any other business with the permission of the Chair.
Notes:
Closure of Share Transfer Books
The Share transfer books of the Company will remain closed from Saturday April 21, 2012 to Saturday April 28, 2012 (both days inclusive). Transfers received in order at the office of our Registrar, M/s. Technology Trade (Pvt.) Ltd., Dagia House, 241-C, Block-2, P.E.C.H.S., off: Shahrah-e-Quaideen. Karachi by the close of business (6:00 p.m.) on Friday April 20, 2012 will be treated in time for the purpose of above entitlement to the transferees.
Participation in the Annual General Meeting
All members of the Company are entitled to attend the Meeting and vote thereat in person or through Proxy. A Proxy, duly appointed, shall have such rights as respects speaking and voting at the Meeting as are available to a member.
The proxies shall produce their original CNICs or original Passport at the time of the Meeting.
Proxy
A member of the Company may appoint another member as his/her Proxy to attend and vote instead o him/her. A Corporation being a member may appoint any person, whether or not a member of the Company, as its Proxy. In the case of corporate entities, the Board of Directors’ resolution/power of attorney with specimen signature of the person nominated to represent and vote on behalf of the corporate entity, unless provided earlier, shall he submitted to the Company’s Registered Office with the Proxy Form.
In order to be effective, Proxy Forms, duly filled and signed, must be received at the Registered Office of the Company, not less than forty eight (48) hours before the Meeting.
Change of Address
Members are requested to immediately notify the change of address, if any to the Company’s Registrar:
For more information, contact:
Cyan Limited
Dawood Centre, MT. Khan Road,
Karachi, Pakistan
Tel: (92-21) 35686001-16
Fax: (92-21) 356860218