Notice is hereby given that the 25th Annual General Meeting of ABC Transport Plc will hold at Mayfair Suites and Conference Centre, Plot 40, Egbu Road Owerri, Imo State on Friday 17th of August 2018 at 11.00am to transact the following business:
1. To receive the financial statements for the year ended 31st December 2017 together with the reports of the Directors, Auditors and Audit Committee thereon.
2. To declare dividend
3. To re-elect Directors.
4. To elect members of the Audit Committee.
5. To authorize the Directors to fix the remuneration of the Auditors
1. To fix the remuneration of Directors
A member entitled to attend and vote at the General Meeting is entitled to appoint a proxy to attend in his/her stead. A proxy need not be a member of the Company. To be valid for the purpose of the meeting, the proxy form must be duly stamped at the Stamp Duties office and deposited at the office of the Registrar, First Registrars and Investor Services at Plot 2, Abebe Village Road, Iganmu, Lagos, not later than 48 hours prior to the time of the meeting.
2. CLOSURE OF REGISTER OF MEMBERS
The Register of Members and Transfer Books of the Company will be closed from 3oth July 2018 to 3rd August, 2018, both days inclusive for the purpose of preparing an up to date register of members.
A total dividend of N49, 731,000 (Forty-Nine Million, Seven Hundred and Thirty One thousand naira only). representing 3kobo per share has been recommended by the Board for approval. lf approved. the payment of the dividend will be made on Friday, 24th of August 2018, to shareholders whose names appear on the Company’s Register of Members at the close of business on 27th July 2018.
4. RIGHTS OF SHAREHOLDERS’ TO ASK QUESTIONS
Shareholders' have a right to ask questions not only at the Meeting, but also in writing prior to the Meeting. For a written question to be addressed, it must be submitted to the Company through the Company Secretary on or before 16th August, 2018
5. AUDIT COMMITTEE
As stipulated by S.359 (5) of the Companies and Allied Matters Act 1990, any member may nominate a Shareholder for election to the Audit Committee by giving notice in writing of such nomination to the Company Secretary at least 21 days before the Annual General Meeting.
1. ABCTRANS Declares N65.1m Loss in Q1 2018 Results