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Karachi, September 7, 2012 (PPI-OT): As per Stock Exchange Reg. 18(2) enclosed please find a copy of the Notice (to be published on September 7, 2012) of the Annual General Meeting to be held on-Friday, September 28, 2012 at 9:00 a.m. at The Institute of Chartered Accountants of Pakistan Auditorium, Clifton, Karachi.
Notice of Annual General Meeting
Notice is hereby given that the Twenty Ninth Annual General Meeting of Golden Arrow Selected Stocks Fund Ltd will be held on Friday, 28 September, 2012 at 09:00 a.m. at The Institute of Chartered Accountants of Pakistan Auditorium, Chartered Accountants Avenue, Clifton, Karachi to transact the following business:-
Ordinary Business:
1. To confirm the minutes of the Annual General Meeting held on September 21, 2011.
2. To receive, consider and adopt the Audited Accounts together with the Directors’ and Auditors’ Report for the year ended June 30, 2012.
3. To approve the payment of final cash dividend @ 24% i.e. Rs 1.20 per share of Rs.5/- each for the year ended June 30, 2012, as recommended by the Board of Directors.
4. To appoint Auditors of the Company and to fix their remuneration for the year ending June 30, 2013. The present Auditors, M/s. Ernst Young Ford Rhodes Sidat Hyder, Chartered Accountants, retire and being eligible, offer themselves for re-appointment.
5. To transact any other business as may be placed before the meeting with the permission of the Chair.
Notes:
1. The share transfer books of the Company will remain closed from September 21, 2012 to September 28, 2012 (both days inclusive). Physical scripts transfers/ CDS transaction IDs received in order at the office of Share Registrar Noble Computer Services (Pvt.) Limited, First Floor, House of Habib Building (Siddiqsons Tower), 3-Jinnah Cooperative Housing Society, Main Shahrah-e-Faisal, Karachi at the close of the business day on September 20, 2012 will be treated in time for the entitlement to dividend and attend the Annual General Meeting.
2. A member entitled to attend and vote at the meeting shall be entitled to appoint another member of the Company as his/ her proxy to attend, speak and vote instead of him/ her, and a proxy so appointed shall have such rights, as respects attending, speaking and voting at the meeting as are available to a member. Proxies, in order to be effective, must be duly completed and signed and received at the Registered Office of the Company not less than 48 hours before the meeting.
3. The shareholders are requested to notify any change in their address immediately to the Share Registrar, Noble Computer Services (Pvt.) Limited.
4. CDC account holders will further have to follow the under mentioned guidelines as laid down in Circular No 1 of 2000 dated 26 January 2000 issued by Securities and Exchange Commission of Pakistan:
A. For attending the meeting:
i) In case of individuals, the account holders or sub account holders whose registration details are uploaded as per the Regulations, shall authenticate his/ her identity by showing his/ her Computerized National Identity Card (CNIC) or original passport at the time of attending the meeting.
ii) In case of corporate entity the Board of Directors’ resolution/ power of attorney with specimen signature of the nominee shall be produced (unless it has been provided earlier) at the time of the meeting.
B. For appointing of proxies:
i) In case of individuals, the account holders or sub account holders whose registration details are uploaded as per the regulations shall submit the proxy form as per requirement.
ii) The proxy form will be witnessed by two persons whose names, addresses and CNIC members shall be mentioned on the forms.
iii) Attested copies of CNIC or passport of the beneficial owners and the proxy shall be furnished with the proxy form.
iv) The proxy shall produce his/ her original CNIC or original passport at the time of the meeting.
v) In case of corporate entity, the Board of Directors/ resolution/ power of attorney with specimen signature shall be submitted (unless it has been provided earlier) along with proxy form of the Company.
5. In accordance with the notification of the Securities and Exchange Commission of Pakistan, SRO 779 (I) 2011 dated 18 August, 2012 dividend warrants should bear CNIC number of the registered member of the authorized person, except in case of minor (s) and corporate members.
Accordingly, Members who have not yet submitted copy of their valid CNIC/ NTN (in case of corporate entities) are requested to submit the same to the Company, with Members’ folio no. mentioned thereon, for updating record.
For more Information, contact:
Muhammad Yaqoob
Company Secretary
Golden Arrow Selected Stocks Fund Limited
216-217, Continental Trade Centre,
Block-8, Clifton, Karachi – 74000.
PABX: 92 21 35371305-7,
Fax: 92 21 35373217
UAN: 111 253 465
E-mail: info@akdinvestment.com