Pak Suzuki Motor Co. Limited approves resolutions in its 40th Annual General Meeting

Karachi, The shareholders of Pak Suzuki Motor Co. Limited gathered for the 40th Annual General Meeting on April 18, 2023. During the meeting, several resolutions were passed, including the confirmation of the minutes of the previous year’s Annual General Meeting held on April 26, 2022.

The shareholders also approved the audited accounts of the Company for the year ended December 31, 2022, along with the reports of Directors and Auditors. The auditors for the year ending December 31, 2023 were appointed, and their remuneration was fixed. The Audit Committee and the Board of Directors recommended the name of M/s A. F. Ferguson & Co., Chartered Accountants as the new auditors for the company, in place of the retiring auditors M/s KPMG Taseer Hadi & Co., Chartered Accountants.

The resolutions were passed with a majority vote, and the shareholders expressed satisfaction with the performance of the company. The management of Pak Suzuki Motor Co. Limited expressed gratitude to the shareholders for their continued support and pledged to continue to deliver value to their stakeholders.