Karachi: As per Article 18(2) of the Listing regulations, please find below extracts of resolutions passed and adopted by the members of the Company in the 51st Annual General Meeting held on October 26, 2011.
Approval of the Auditor’s Report to the Members, Directors’ Report, Balance Sheet, Profit and Loss Account and Cash Flow Statement, together with notes forming part thereof.
The Auditor’s Report to the Member, Directors’ Report, Balance Sheet, Profit and Loss Account and Cash flow Statement, together with notes forming part thereof for the year ended June 30, 2011 be and are hereby approved and adopted.
Approval of Final Cash Dividend Recommended by the Board of Directors.
Final Cash Dividend of 15% i.e. Rs. 1.5 per share for the year ended June 30, 2011 is hereby approved as recommended by the Board of Directors in their meeting held on September 16, 2011.
Appointment of Auditors and Fixation of their Remuneration.
M/s. A.F. Ferguson and Co. Chartered Accountants be and are hereby appointed as auditors for the year 2011-12 as recommended by the Board of Directors at a fee as decided by the Board of Directors.
For more information, contact:
Pakistan Refinery Limited
Korangi Creek Road,
P. O. Box 4612, Karachi- 75190.