Notice is hereby given that the 1st Annual General Meeting of Sindh Leasing Company Limited (“Company”) will be held on Tuesday, October 27, 2015 at 11:15 a.m. at the Registered office of the Company, Third Floor, Imperial Court Building, Dr. Ziauddin Ahmed Road, Karachi.
By Order of the Board
Karachi : October 06, 2015
NOTICE IS HEREBY GIVEN THAT the Third Extra Ordinary General Meeting of Shareholders of Sindh Leasing Company Limited will be held at the Registered Office of the Company i.e. 3rd Floor, Imperial Court, Dr. Ziauddin Ahmed Road, Karachi, on 17th day of April 2018 at 10:30 a.m to transact the following business:
- Confirmation of Minutes of Last Meeting:
To confirm the minutes of Second Extra Ordinary General Meeting held on 30th January, 2018.
- Special Business:
Another notice for an EOGM has been issued to avoid breach of SECP regulation. As stated in the captioned regulation an entity is required to submit document(s) of increase in authorized & paid up capital within 15 days of EOGM. As SLCL received the funds for equity increase after fifty days from the date of last EOGM, in compliance with regulation we are conducting another EOGM.
To consider, adopt and if thought fit pass with or without modification the following resolutions as Special Resolutions:
“RESOLVES THAT the Authorized Capital of the Company be increased from Rs.2.0 billion (Pak Rupees two billion) to Rs.3.5 billion (Pak Rupees Three billion and five hundred million only) comprising of 350,000,000 ordinary shares of Rs.10/- each, and the shareholders of the Company be and are hereby recommended to approve, as and by way of a ‘Special Resolution’, the following amendment in the Memorandum & Articles of Association of the Company for increase in the authorized capital of the Company.”
“FURTHER RESOLVES THAT Clause V of the Memorandum of Association of the Company be and is hereby amended as follows:
“V. The Capital of the Company shall be PKR 3,500,000,000/-(Pak Rupees Three billion and five hundred million only) divided into 350,000,000 (Three hundred fifty million only) Ordinary Shares of PKR 10/- each (Pak Rupees Ten only) with power to increase or decrease the capital from time to time and divide the shares, present or future, into several classes.”
“FURTHER RESOLVES THAT Article 3 of the Articles of Association of the Company be and is hereby amended as follows:
“ 3. Capital:
Authorized Share Capital of the Company shall be PKR 3,500,000,000/- (Pak Rupees Three billion and five hundred million Only) divided into 350,000,000 (Three hundred fifty Million) Ordinary Shares of PKR 10.00/- each (Pak Rupees ten each).”
“FURTHER RESOLVED THAT for the purpose of giving effect to this resolution, the Chief Executive Officer and the Company Secretary be and are hereby authorized jointly/singly to take all such steps and actions and give such directions as may be deemed necessary and to settle any question that may arise in this regard, without being required to seek any further consent or approval of the shareholders or otherwise and that the shareholders shall be deemed to have given their approval thereto expressly by the authority of this resolution.”
- Any Other Business:
To transact any other business of the Company with permission of the Chair.
Statement under section 134(3) of the Companies Act 2017 in respect of special business is being sent to the members along with the notice.
Karachi, Dated: March 27, 2018 Company Secretary
Notice of Annual General Meeting
Notice is hereby given that the fifth Annual General Meeting of Sindh Leasing Company Limited (“Company”) will be held on October 18, 2018 at 4.00 p.m. at the Registered office of the Company, Third Floor, Imperial Court Building, Dr. Ziauddin Ahmed Road, Karachi, to transact the following business:
- To confirm the minutes of the Fourth Annual General Meeting held on October 24, 2017.
- To receive, consider and adopt the Audited Accounts of the Company for the year ended June 30, 2018, along with the Directors’ and Auditor’s Reports thereon.
- To approve the re-appointment of external auditors of the Company for the year ending June 30, 2019 and fix their remuneration.
- To approve amendment in Clause 3 of Articles of Association and Memorandum of Association Clause 5 during the year.
- To approve payment of remuneration and provision of certain facilities to the CEO of the Company.
- Any other business with the permission of the Chair.
By Order of the Board
Karachi: August 15, 2018