Orix Leasing Pakistan Limited’s notice of the annual general meeting
Karachi: We enclose herewith copy of the Notice of .Twenty-Fifth Annual General Meeting to be published in newspapers on October 1, 2011.
ORIX leasing Pakistan Limited
Notice of Annual General Meeting
Notice is hereby given that the Twenty Fifth Annual General Meeting of the Company will be held at the Bench Luxury Hotel M.T. Khan Road, Karachi on Saturday, October 22, 2011 at 10:00 a.m. to transact the following business.
To receive, consider and adopt the audited financial statements of the Company together with Directors and Auditors’ Report for the year ended June 30, 2011.
To approve, as recommended by the Director payment of cash divided to the shareholders of the rate of Rs.1.00 per share of Rs.10/- each for the year ended June 30, 2011.
To appoint auditors for the year ending June 30, 2012 and to fix their remuneration. The present auditors, Messrs. KPMG Taseer Hadi and Co, Charted Accounts, entire and being eligible, offer themselves for re-appointment.
To elect and (eight) Director of the Company for a there y ears learn commencing from October 23, 2011 as fixed by the Board of Directors under section 178 of the Companies Ordinance, 1984.
The followings are the retiring Directors:
Mr.Shahid Aziz Siddiqui
Mr. SHahid Usman
Mr. Shaheen Amin
Mr. Teizoon Kisml
To approve remuneration of the Chief Executive and Director.
To transact any other business, with permission of the Chair.
A statement under section 160 of the Companies Ordinance, 1984 pertaining to the special business will be sent to the shareholders along with the Annual Report 2011.
The Register of Members of the Company shall remain closed from October 16, 2011 to October 22, 2011 (both days inclusive ). Transfers received in Order at our registrars, Noble Computer Services (Private) Limited, First Floor, House of Habib Building (Siddiqsons Tower), 3-Jinnah Cooperative Housing Society, Main Shahrah-e-Faisal, Karachi at the close of business on October 15, 2011 will be treated as being in time for the purpose of payment of divided.
Any person who seeks to contest on election for the office of Director, shall whether he/ she is retiring Director or otherwise, file with the Company at its registered office not later than fourteen days before the date of the meeting (i) a notice of his/her intention to offer himself/herself for election as a Director, (ii) a declaration on the matters required by the Code of Corporate Governance (iii) a consent on From 28 and (iv) a copy of computerized national identity card (CNIC) or passport copy in case of a non resident.
A member entitled in attend and vote at the General Meeting of members is entitled to appoint a proxy to attend and vote on his/her behalf. A proxy need not be a Member of the Company
iv) The instrument appointing a proxy and the power of attorney or other authority under which it is signed or a notarially certified copy of the power of attorney must be deposited at the registered office of the Company at least 48 hours before the time of the meeting. Shareholders are requested to notify any change of address immediately .
V) CDC account holders will further have to follow the under mentioned guidelines as laid down by the Securities and Exchange Commission of Pakistan.
A. For attending the meeting:
(i) In case of individuals, the account holder or sub-account holder and / be the person where securities are in group account and their registration details are uploaded as per the regulations, shall authenticate his/her identity by showing his/ her original CNIC or original passport at the time of attending the meeting.
(ii) In case of corporate entity, the Board of Directors resolution/ power of attorney with specimen signature of the nominees shall be produced (unless has been provided earlier) of the time of the meeting.
B. For appointing proxies:
i) In case of Individuals, the account holder or sub-account holder or sub-account holder and / or the person whose securities are in group account and their registration details are uploaded as per the regulations, shall submit the proxy form accordingly.
ii) The proxy form shall be witnessed by two person whose names, addresses and CNIC number shall be mentioned on the form.
iii) Attested copies of CNCI or the passport of the beneficial owners and the proxy shall be furnished with the proxy form.
iv) The proxy shall produce his/her original CNIC on original passport at the time of meeting.
v) In case of corporate entity, the Board of Directors resolution/ power of attorney with specimen signature shall be submitted (unless it has been provided earlier ) along with proxy form to the Company .
For more information, contact:
Orix Leasing Pakistan Limited
Orix Building, Plot No. 16, Sector No. 24
Korangi Industrial Area, Karachi – 74900
Tel: (021) 3514 4029-40
UAN: 111 24 24 24