Air Link Communication : Notice u/s 159 (4) of the Companies Act, 2017
October 18, 2023 at 04:46 am EDT
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AIR LINK COMMUNICATION LIMITED
Ref: ALC/PUCAR/2023-34
October 18, 2023
The General Manager
Pakistan Stock Exchange Limited
Stock Exchange Building
Stock Exchange Road
Karachi.
Subject: Notice u/s 159 (4) of the Companies Act, 2017
Dear Sir,
This is in furtherance to our Notice to shareholders dated October 07, 2023, regarding Election of Directors at the 10th Annual General Meeting of the shareholders of Air Link Communication Limited.
In pursuance of Section 159 (4) of the Companies Act, 2017, the members of Air Link Communication Limited (the "Company") are hereby informed that the following persons have filed with the Company notice of their intention to offer themselves for election as Director of the Company at the Annual General Meeting of the Company scheduled on Saturday, October 28, 2023 at 10:00 am at Avari Hotel 87 - Shahrah-e-Quaid-e-Azam, Lahore:
Sr. No.
Name
Category
1.
Mrs. Rabiya Muzzaffar
Female
2.
Mr. Sharique Azim Siddiqui
Independent
3.
Mr. Hussain Kuli Khan
Independent
4.
Mr. Aqdus Faraz Tahir
Independent
5.
Mr. Aslam Hayat Piracha
Others
6.
Mr. Muzzaffar Hayat Piracha
Others
7.
Syed Nafees Haider
Others
The profiles of the above-named persons are placed on the website of the Company i.e., www.airlinkcommunication.net. The Independent Directors have been selected based on their experiences, competencies, diversity, skills and knowledge in compliance with the requirements of Section 166 of the Companies Act, 2017 and the regulations issued thereunder.
152/1 - M, Quaid-e-Azam, Industrial Estate, Kot Lakh Pat, Lahore, Pakistan 042-35151345-6
Since the number of members who have offered themselves to be elected is not more than the number of Directors fixed by the Board under section 159(1) of the Companies Act, 2017, therefore, the above named seven (7) persons shall be deemed to be elected as Directors of the Company for the next term of three (3) years effective October 30, 2023.
In this regard, a notice under section 159(4) of the Companies Act, 2017, has been published nationwide in the Daily Dawn (English) and Daily Dunya (Urdu) on October 18, 2023.
Copies of the Newspapers' clippings are enclosed herewith.
Thanking you.
Yours Sincerely,
Amer Latif
Company Secretary
Copy to:
Executive Director/HOD,
Offsite-II Department,
Supervision Division,
Securities & Exchange Commission of Pakistan,
63, NIC Building, Jinnah Avenue,
Blue Area, Islamabad
152/1 - M, Quaid-e-Azam, Industrial Estate, Kot Lakh Pat, Lahore, Pakistan 042-35151345-6
Air Link Communication Ltd. published this content on 18 October 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 October 2023 08:45:30 UTC.
Air Link Communication Limited is a Pakistan-based distributor of mobile phones. The Company is engaged in the business of import, export distribution, indenting, wholesale, retail of communication and information technology (IT) related products and services, including cellular mobile/smart phones, tablets, laptops, accessories, and allied products. Its segments include distribution and retail and assembly. The Company is a distributor of Samsung, Huawei, TCL, Tecno, Itel, Realme and Xiaomi. It imports and distributes mobile phones and accessories in Pakistan. It has developed an e-commerce platform www.airlink.pk where people have access to a range of products. The Company has after-sales support service centers in various cities of Pakistan. Its television packages contain all local channels as well as favorite religious, network, sports, and kidâs channels.
AIR LINK COMMUNICATION LIMITED 
