Investor Relationship

Extract of Minutes of 8th Annual General Meeting

 

Resolutions on Ordinary Business

The Shareholders unanimously approved the following resolutions: 

Resolution 1

That the Audited Financial Statements, Directors Report and Report of Auditors for period ending 31st  March 2018 be hereby approved. 

Resolution 2

That U Win Htut Aung (V Advisory Limited) be appointed as External Auditors and that their remunerations be determined by the Board of Directors. 

Resolution 3

That no dividends be distributed for the financial year. 

Resolution 4

That the following be hereby re-elected and appointed to the Board of Directors:

U Ne Aung

Daw Khin Moe Nyunt

U Than Win Swe

U Thant Zin

U Sein Win

Daw Hnin Aung

Mr Christopher Loh

 

Resolutions on Special Business 

The Shareholders unanimously approved the following resolution: 

Resolution

THAT subject to the approval of the Central Bank of Myanmar,  approval be and is hereby given to revoke the existing Memorandum and Articles of Association of the Company and in place thereof, the proposed new Constitution of the Company as set out is hereby adopted as the Constitution of the Company AND THAT the Directors of the Company be and are hereby authorized to assent to any modification, variation and/or amendment as may be required by the relevant authorities and to do all acts and things and take all such steps as may be considered necessary to give full effect to the foregoing.

  

Any other matters

The Shareholders noted the appointment on 29th December 2017, of the Audit Committee consisting of the following members and the term of office under the Financial Institutions Law 2016 of four (4) years:

i. U Sein Win

ii. U Than Win Swe

iii. Daw Hnin Hnin Aung

 

 

Minutes  were approved by the Shareholders.

 

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