OKOMUOIL Notifies of Resolutions Passed At Its 2020 AGM


Monday, June 01, 2020 / 3:18 PM / NSE / Header Image Credit: Okomu Oil Plam

The 2020 Annual General Meeting of The Okomu Oil Palm Company Plc was held by proxy on 28 May, 2020 at the Harbour Point Event Center, 4 Wilmot Road, Victoria Island Lagos at 10.00 a.m.;

The following resolutions were put before the meeting and were duly passed:

1.      The Audited Financial Statement for the year ended December 31, 2019 was laid before the shareholders and was duly received.

2.          A final dividend declaration of N2.00 (in addition to the interim dividend of N2.00 per share already paid to all shareholders) was approved for payment to shareholders, whose names appear in register of Members at the closure of register date 18 May, 2020.

3.              The following retiring Directors were re-elected:

            (i) Dr. Luc Boedt

            (ii) Mr. Peter A. E. Eguasa

            Mr. Asue Ighodalo

4.      The Directors be and are hereby authorized to fix the remuneration of the External Auditors.

5.           The following shareholders' representatives on the Statutory Audit Committee were re-elected unopposed:

            (i) Rev. Leonard Ohenhien

            (ii) Mr. Moses lgbrude

            (iii) Rev. Andrew Imadu

6.       While the following Directors were nominated to represent the Board on the Statutory Audit Committee:

            (i) Dr. Luc Boedt.

            (ii) Mr. Peter A. E. Eguasa

            (iii) Chief David U. Edebiri


Visit Okomu Oil Palm Company Plc IR Page in Proshare MARKETS 

Graph - One Year Share Price Movement

Proshare Nigeria Pvt. Ltd.


Table:  Q1 2020 Unaudited Results

Proshare Nigeria Pvt. Ltd.


Related News

1.              OKOMUOIL To Hold 40th AGM on May 28 2020 Lists Proxies...

2.             Okomu Oil Q4 2019 and Q1 2020 Results Review Strong Start to the Year Despite H...

3.             OKOMUOIL Declares N2bn PAT in Q1 2020 Results (SP:N55.05k)

4.             OKOMUOIL Declares N5.1bn PAT in 2019 Audited Results SP N55.05k ...

5.             OKOMUOIL Appoints the Law Firm of P.C. Obi and Co As Company Secretary...

6.             OKOMUOIL Notifies of Board Meeting Resolutions

7.             OKOMUOIL Notifies of Board Meeting and Closed Period

8.         NCM2020 (23) - Agriculture Sector - OKOMUOIL Tops As ELLAHLAKES and FTNCOCOA Record Negative EPS

9.             OKOMUOIL Declares N5.5bn PAT in Q4 2019 unaudited Results, (SP:N68.00k)

10.         OKOMUOIL Appoints Mr. Arnaud Arhainx As Finance Director

11.          OKOMUOIL Declares N4.11bn PAT in Q3 2019 Results (SP:N54.95k)

Related News