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Karachi, October 5, 2012 (PPI-OT): This has reference to your approval vide letter No. KSE/C-61-6706 dated 12th September, 2012.
We enclose copy of notice for the Annual General Meeting to be hold at 11.00 a.m. on Tuesday, 30th October, 2012 at Registered Office, National Park Road, Rawalpindi.
Notice of Annual General Meeting
Notice is hereby given that 145th Annual General Meeting of the Company will be held at the Registered Office National Park Road, Rawalpindi at 1100 Hours on Tuesday, 30th October, 2012 to transact the following business:
Ordinary Business:
1. To confirm the minutes of the 144th Annual General Meeting held on 28th October, 2011.
2. To receive, consider and adopt audited Financial Statements of the Company for the year ended 30th June, 2012 together with the Directors’ and Auditors’ Reports thereon.
3. To approve recommendation of the Board of Directors for the issue of Cash Dividend @ 50% i.e. (Rs. 5/- per share) and Stock Dividend (Bonus Shares @10%) in the ratio of one for every ten shares held, Bonus Shares so allotted shall rank pari passu in all respects with the existing shares of the Company except for the entitlement for the dividend being declared. The Bonus Shares, if approved will be issued to those shareholders, whose names appear in the Register of Members of the Company on 22nd October, 2012.
4. To appoint Auditors of the Company for the year ending 30th June 2013 and fix their remuneration as recommended by the Audit Committee and Board of Directors.
5. Other business:
To transact any other business with the permission of the Chairman.
Statement under Section 160 (1) (b) of the Companies Ordinance, 1984 with Respect to Special Business Contained in the Notice of Meeting:
To consider and if thought fit, to pass the following Resolution:
Special Resolution:
“Resolved
a. that a sum of Rs. 19,052,080 out of free reserves of the Company be capitalised and applied toward the issue of 1,905,208 Ordinary Shares as bonus shares in the ratio of one Bonus Share for every ten Ordinary Shares held by the shareholders, whose names appear on the Register of Members on 22nd October, 2012. These shares shall rank pari passu in all respect with the existing shares.
b. that in the event of any member holding shares which are not an exact multiple of his / her entitlement, the Directors of the Company be and are hereby authorised to sell in the Stock Market such fractional entitlement till date and to pay the net proceeds of sale to a charitable institution as approved by the Directors.
c. that company Secretary be and is hereby authorized and empowered to give effect to this resolution and to do or cause to be done all acts, deeds and things that may be necessary or required for the issue, allotment and distribution of bonus shares”.
Notes:
The Share Transfer Book of the Company will remain closed from 23rd October, 2012 to 30th October, 2012 (both days inclusive).
ii. A member entitled to attend and vote at the above Meeting, may appoint any other member as his / her proxy to attend and vote. The Form of Proxy duly completed, should reach the Registered Office of the Company 48 hours before the time of the meeting.
iii. CDC Account holders will further have to follow the under mentioned guidelines as laid down by the Securities and Exchange Commission of Pakistan.
(A) For attending the Meeting.
(a) In case of individuals, the account holder or sub-account holder and / or the person whose securities are in group account and their registration details are uploaded as per the Regulation, shall authenticate his identity by showing his original National Identity Card or original passport at the time of attending the meeting.
(b) In case of corporate entity, the Board of Directors Resolution/ Power of Attorney with specimen signature of the nominee shall be produced at the meeting.
(B) For appointing proxies:
(a) In case of individuals, the account holder or sub-account holder and / or the persons whose securities are in group account and their registration details are uploaded as per the Regulation, shall submit the Proxy Form of another member as per the above requirement.
(b) The Proxy Form shall be witnessed by two persons whose names, address and NIC numbers shall be mentioned on the form.
(c) Attested copies of NIC or the passport of the beneficial owners and the proxy shall be furnished with the Proxy Form.
(d) The proxy shall produce his original NIC or original passport at the time of meeting.
(e) In case of corporate entity, the Board of Directors’ Resolution/ Power of Attorney with specimen signature shall be submitted, alongwith Proxy Form to the Company.
Members are requested to immediately notify any change of address to the Company’s Registrar M/s Central Depository-Company of Pakistan CDC House, 99-B, Block `B’, SMCHS, Main Shahra-e-Faisal, Karachi-74400. Tel: + (92-21) 0800-CDCPL (23275) Facsimile: + (92-21) 021 -4326053
Statement under Section 160 of the Companies Ordinance, 1984 is attached with the Annual Report circulated to the members of the Company.
For more information, contact:
M. Zaffar Iqbal
Company Secretary
Murree Brewery Company Limited
National Park Road, Rawalpindi Pakistan
Fax No: +92 (0) 51 5584420, 5529084
Tel: +92 (0) 51 5567041 to 7
E-Mail: www.murbr@cyber.net.pk
Web: www.murreebrewery.com