Monday, September 3, 2018 05:10PM / NSE
Further to the Annual General Meeting of the Company held on August 30, 2018 at the Shell Hall, Muson Center 8/9 Marina Road, Onikan, Lagos, the following resolutions were duly passed and approved;
1. The audited financial statements for the year ended 31St March 2018 and the report of the Directors and Audit committee.
2. Payment of dividend of 40 kobo per share to shareholders.
3. The appointment of :
a. Mr. Suleiman Barau as Non-Executive Director.
b. Mrs. Chioma Sideso as Non-Executive Director.
4. The re-election of Alh. Aminu Dangana as Non-Executive Director.
5. That the Directors be authorized to fix the remuneration of the Auditors.
6. The re-election of Chief Cyril lfeanyichukwu, Alh. Kolawole Ganiyu Amoo and Mr. Ogundeji Moses Ayodele as shareholders representatives on the Audit Committee.
7. That the Directors fees be fixed at N6, 375,000.00 for the period ending March 31, 2019.