Dawood Lawrencepur Limited

RESOLUTIONS ADOPTED BY THE SHAREHOLDERS OF DAWOOD LAWRENCEPUR LIMITED AT THE ANNUAL GENERAL MEETING HELD AT 3:00 PM ON TUESDAY, MAY 30, 2023 AT THE DAWOOD FOUNDATION BUSINESS HUB, GROUND FLOOR, DAWOOD CENTRE, M.T. KHAN ROAD KARACHI AND VIA VIDEO LINK

ORDINARY BUSINESS

  1. To receive, consider and adopt the audited unconsolidated and consolidated financial statements of the Company for the year ended December 31, 2022 together with the Auditors' and Directors' Reports thereon and the Review Report of the Chairman.
    RESOLUTION
    "RESOLVED that, the Audited Financial Statements {comprising of statement of financial position, profit and loss account, statement of comprehensive income, statement of changes in equity, statement of cash flows and notes thereon) together with the Auditors' and Directors' Report and the Review Report of the Chairman, of Dawood Lawrencepur Limited for the year ended December 31, 2022 be and are hereby adopted."
  2. To appoint auditors and to fix their remuneration. The members are hereby notified that the Board of Directors and the Board Audit Committee have recommended reappointment of Messrs. A. F. Ferguson & Co. (Chartered Accountants) as auditors of the Company.
    RESOLUTION
    "RESOLVED that, Messrs. A. F. Ferguson & Company, Chartered Accountants, be and are hereby appointed as Auditors of Dawood Lawrencepur Limited for the year ending December 31, 2023 at a fee mutually agreed."

SPECIAL BUSINESS

3. To consider and if deemed fit, to pass the following resolutions as special resolutions as required under Section 199 of the Companies Act, 2017 for renewal of the Subordinated loan Facility of up to PKR 300 million provided to M/s Tenaga Generasi limited (TGL}, a subsidiary of the Company:

SPECIAL RESOLUTION

"RESOLVED that approval of the Members of Dawood Lawrencepur Limited {the Company) be and is hereby granted in terms of Section 199 of the Companies Act, 2017 and all other applicable laws, for renewal of the Subordinated Loan Facility of up to PKR 300 million provided by the Company to its subsidiary, M/s Tenaga Generasi Limited {TGL) for a period of further one year, as per the terms and conditions disclosed to the Members.

FURTHER RESOLVED that for the purpose of giving effect to this special resolution, any two of the Chief Executive Officer, the Chief Financial Officer, and the Company Secretary of the Company be and are hereby authorized jointly to take all necessary actions and do all acts, deeds and things including execution of documents and agreements for the purposes of implementing the aforesaid resolution."

Head Office/Registered Office: 3rd Floor, Dawood Center, M.T. Khan Road, Karachi- 75530, Pakistan. Tel: +92 21 3563 2200-09 Fax: +92 21 3563 3970

Regional Office: 3rd Floor, Asia House, 19-C/D, L Block, Gulberg Ill, Main Ferozpur Road, Lahore - 54660, Pakistan. Tel: +92 42 3586 1050-53

Regional Office: Suit# 316, 3rd Floor, Emirates Tower, F-7 Markaz, Islamabad - 44000, Pakistan. Tel: +92 51 2099250-51

UAN: 111 736 611 Website: www.dawoodlawrencepur.com Email: info reon@dawoodhercules.com

Attachments

  • Original Link
  • Original Document
  • Permalink

Disclaimer

Dawood Lawrencepur Ltd. published this content on 31 May 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 31 May 2023 05:20:52 UTC.