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Karachi, Kohat Cement Company Limited (KCCL) has officially announced the convening of its 44th Annual General Meeting (AGM) scheduled to take place on October 16, 2023. The AGM will be held at the Company’s registered office located at the Kohat Cement Factory on Rawalpindi Road in Kohat, Pakistan.
Shareholders and stakeholders are cordially invited to participate in the meeting, where several crucial agenda items will be discussed and resolved. The AGM will focus on both ordinary and essential business matters.
The key agenda items for the 44th Annual General Meeting include:
1. Adoption of Audited Financial Statements: Shareholders will receive, consider, and adopt the audited financial statements of Kohat Cement Company Limited for the fiscal year ending on June 30, 2023. These financial statements will be presented alongside Auditors’ and Directors’ Reports, as well as the Chairman’s Review.
2. Appointment of Auditors: During the meeting, shareholders will vote on the appointment of auditors for the Company and determine their remuneration. It is important to note that the retiring auditors, M/s. KPMG Taseer Hadi & Co. Chartered Accountants, have consented to continue serving as the auditors of the Company. The Board Audit Committee and the Board of Directors have both recommended their reappointment.
The AGM represents a vital opportunity for shareholders to participate in the governance and decision-making processes of Kohat Cement Company Limited, a leading player in the cement industry in Pakistan. It allows shareholders to gain insights into the Company’s performance, financial health, and strategic direction while also offering them a platform to engage directly with the management and board.
Kohat Cement Company Limited remains committed to transparency, accountability, and upholding the best corporate governance practices. The Company encourages all shareholders to attend the 44th Annual General Meeting on October 16, 2023, to contribute to these objectives and have a voice in shaping the future of the organization.
The post Kohat Cement Company Announces 44th Annual General Meeting for October 16, 2023, with Key Agenda Items appeared first on Pakistan Company News.