AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi, April 11, 2013 (PPI-OT): Enclosed please find the certified copy of the following resolutions passed by the Shareholders in the 21st Annual General Meeting of Jahangir Siddiqui and Company Limited (JSCL) held on April 05, 2013 at Karachi.
1. Approval of audited separate and consolidated financial statements of the Company for the eighteen month period ended December 31, 2012 together with Directors’ and Auditors’ report thereon.
2. Approval for cash dividend as recommended by Board of Directors.
3. Appointment and fixation of remuneration of Auditors.
Certified that following Ordinary Resolutions were passed by the Shareholders of Jahangir Siddiqui and Company Limited in its 21st Annual General Meeting held on April 05, 2013 at Karachi.
1. Approval of audited separate and consolidated financial statements of the Company for the eighteen month period ended December 31, 2012 together with Directors’ and Auditors’ report thereon.
“Resolved That as recommended by the Board of Directors, the audited standalone and consolidated Balance Sheet, the audited standalone and consolidated profit and loss account, the audited standalone and consolidated statement of comprehensive income and the audited standalone and consolidated statement of changes in equity together with notes thereon of Jahangir Siddiqui and Co. Ltd. for the eighteen month period ended December 31, 2012 and Directors’ and Auditors’ Reports thereon, as circulated to the Members and laid before this Meeting be and are hereby received, adopted and approved”.
2. Approval for cash dividend as recommended by Board of Directors.
“Resolved that as recommended by the Board of Directors, payment of final cash dividend @ 7.5% i.e. Re. 0.75 per share for the eighteen month period ended December 31, 2012 to be paid to the shareholders whose names appear on the register of members as at close of business on 29 March 2013 be and is hereby approved.”
3. Appointment and fixation of remuneration of Auditors.
“Resolved that M. Yousuf Adil Saleem and Co. Chartered Accountants (a member firm of Deloitte Touche Tohmastsu) be and are hereby appointed as the Auditors of Jahangir Siddiqui and Co. Ltd. for the year ending December 31, 2013 at the fee/remuneration as fixed by the management of the Company.”
For more information, contact:
Naveed Khimani
Company Secretary
Jahangir Siddiqui and Company Limited
6th Floor, Faysal House, Shahrah-e-Faisal
Karachi-75530, Pakistan
UAN: +92 21 111 574 111
Dir: +92 21 3279 9556
Fax: +92 21 3280 0090
Web: www.js.com