AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi, May 22, 2013 (PPI-OT): Further to our letter No. CAD/2013/148 dated May 14, 2013 on the subject, enclosed please find copy of Notice of Extraordinary General Meeting (EoGM) for the election of Directors of Mari Petroleum Company Limited (MARI) to be held on Monday, June 24, 2013 at 11:00 a.m. at the Registered Office of the Company situated at 21-Mauve Area, 3rd Road, Sector G-10/4, Islamabad.
The Notice of EoGM will be published in the newspapers on May 23, 2013 and dispatched to the Shareholders of the Company individually as well, in compliance with the provisions of Companies Ordinance, 1984 and Listing Regulations of Stock Exchange.
Kindly inform the members of the Exchange, accordingly.
Notice of Extraordinary General Meeting
Notice is hereby given that the Extra ordinary General Meeting at the Members of Mari Petroleum Company Limited will be held on Monday, June 24, 2013 at 11:00 a.m. at the Registered Office of the Company situated at 21 -Mauve Area, 3rd Road, Sector G-10/4, Islamabad to transact the following business:
To elect eight directors in accordance with the Companies Ordinance, 1984, for a period of three years commencing from June 24, 2013 in place of the retiring directors namely:
a. Lt Gen (R) Muhammad Mustafa khan
b. Lt Gen (H) Raza Muhammad Khan
c. Mr. Qaiser Javed
d. Dr. Nadeem Inayat
e. Maj Gen (R) Zahid Parvez
f. Brig (R) Dr. Gulfam Alam
g. Mr. Liaqat Ali
h. Mr. Manzoor Ahmed
All the retiring Directors shall be eligible to offer themselves for re-election.
The following nominee Directors of Government of Pakistan (GoP) and Oil and Gas Development Company Limited (OGDCL), being not subject to election shall not retire and continue as nominee Directors:
a. Mr. Mohammad Naeem Malik Nominee Director of GoP
b. Mr. Pervaiz Akhtar Nominee Director of GoP
c. Qazi Mohammad Saleem Siddiqui Nominee Director of GoP
d. Mr. Muhammad Riaz Khan Nominee Director of OGDCL
e. Mr. Muhammad Rafi Nominee Director of OGDCL
Notes:
1. The Share Transfer books of The Company shall remain closed from June 18, 2013 to June 24, 2013 (both days inclusive). Transfers n received in order at the Company’s Share Registrar, M/s Corplink (Pvt.) Limited, Wings Arcade, 1-K Commercial, Model Town, Lahore, up to the close of business on June 17, 2013 will be treated as in time for the purpose of attending the Extraordinary General Meeting.
2. In pursuance of Section 178 (1) of the Companies Ordinance, 1984 the Board of Directors has fixed the number of directors of the Company at fourteen. Eight directors will be elected at the Extraordinary General Meeting. The remaining six directors are nominate by the Government of Pakistan and Oil and Gas Development Company Limited and are not subject to election as per Article 62, of the Articles of Association of the Company.
3. In terms of Section 178 (3) of the Companies Ordinance, 1984 any person who seeks to contest election of the office of director of the Company shall file with the Company, at its registered office, a notice of intention to offer himself for election not later than fourteen days before the date of the Extraordinary General Meeting along with a written consent to act as director.
4. A member entitled to attend and vote at the meeting is entitled to appoint a Proxy to attend and vote in place of the member. The instrument of Proxy. In order to be effective, must received at the Registered Office of the Company situated at 21-Mauve Area, 3rd Road, Sector G-10/4, Islamabad, duly stamped and signed, at least 48 hours before the time of holding of the meeting.
5. CDC Account Holders are required to follow the under mentioned guidelines as laid down by the Securities and Exchange Commission of Pakistan:-
a. For Attending the Meeting in Person
i. In case of individuals, the accounts holders or sub-account holder shall authenticate his/her identity by showing his/her original Computerized National Identity Card (CNIC) of original passport at the time f attending the Meeting.
ii. In case of corporate entity, the Board of Directors’ resolutions /power of attorney with specimen signature of the nominee shall be produced (unless provided earlier) at the time of the Meeting.
b. For Appointing Proxies
i. In case of individuals the account holder or sub-account holder shall submit the Proxy Form as per the above requirement.
ii. The Proxy Form shall be witnessed by two persons whose names, addresses and CNIC numbers shall be mentioned on the form.
iii. Attested copies of CNIC or the 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 Director’ resolution/power of attorney with specimen signature shall be submitted to the Company along with Proxy Form.
For more information, contact:
Assad Rabbani
Company Secretary
Mari Petroleum Company Limited
(Formerly, Mari Gas Company Limited)
21 Mauve Area, 3rd Road
G-10/4 Islamabad- 44000.Pakistan
UAN: +92-51-111-410-410
Fax: +92-51-2297686
P.O. Box No: 1614
Website: www.marigas.com.pk