CHEMICAL AND ALLIED PRODUCTS : NOTICES OF ANNUAL GENERAL MEETING (AGM) -
June 16, 2023 at 03:48 am EDT
Share
Directors
Awuneba Ajumogobia
Bolarin Okunowo
Chairperson
Managing Director
Muhibat Abbas
Udo Okonjo
Folasope Aiyesimoju
Vitus Ezinwa
Yomi Adenson
Ifeoma Chuks-Adizue
Babs Omotowa
LAGOS, NIGERIA, JUNE 15, 2023
RESOLUTIONS PASSED AT THE ANNUAL GENERAL MEETING OF CHEMICAL AND ALLIED PRODUCTS PLC HELD ON 15 JUNE 2023
At the Annual General Meeting of Chemical and Allied Products PLC (the "Company") held on June 15, 2023 at Festival Hotel, Diamond Estate, Amuwo Odofin, Lagos in respect of the
2022 Financial Year:
The Chairperson of the Board of Directors (the "Board") laid the Audited Financial Statements together with the Report of the Directors, Auditors and the Audit Committee for the year ended December 31, 2022 before the Shareholders.
The remuneration of Managers of the Company was presented to the Shareholders and same was duly noted.
The following resolutions were considered and duly passed:
That a dividend of N1.55kobo per ordinary share of 50 kobo be paid to all shareholders whose names appear in the Company's Register of Members as of June 1, 2023, subject to appropriate withholding tax.
That Mrs. Udo Okonjo, who is retiring by rotation and being eligible offers herself for re- election be and is hereby re-elected.
That Dr. Babs Omotowa be and is hereby elected as director of the Company.
That the Directors be and are hereby authorized to fix the remuneration of the Company's External Auditors for the 2023 financial year.
That the following shareholders be and are hereby elected as members of the
Company's Statutory Audit Committee:
Prince Bassey Manfred (Member)
Mrs. Samiat Adebanke Odunnuga (Member)
Mr. Anthony Kanayo Katchy (Member)
That the remuneration of Directors be and is hereby fixed for the financial year ending December 31, 2023.
That a general mandate be and is hereby given, authorizing the Company through the Directors to enter into recurrent transactions with related parties or companies until reviewed by the Company at an Annual General Meeting.
BY ORDER OF THE BOARD
AYOMIPO WEY
COMPANY SECRETARY/GENERAL COUNSEL
FRC/2013/NBA/00000003124
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Chemical and Allied Products èòc published this content on 16 June 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 June 2023 07:47:10 UTC.
Chemical and Allied Products Plc specializes in manufacturing and marketing paints and conformal coatings. Net sales break down by family of products and services as follows:
- paints (99.9%): for buildings, industrial equipments and sites, furniture and boats, etc. The group also provides conformal coatings against fire and extinguishers;
- renovation and painting of residential and commercial buildings services (0.1%).
All net sales are in Nigeria.
CHEMICAL AND ALLIED PRODUCTS PLC 