Karachi: United Brands Limited
We had applied to the Securities and Exchange Commission of Pakistan for the direction Under Section 170 of the Companies Ordinance, 1984 for holding of overdue Annual General Meeting of the Company for the year ended June 30, 2011. They have given us direction for holding the Annual Genera1 Meeting on December 17, 2011. A copy of the direction received from Securities and Exchange Commission of Pakistan is enclosed for your information and record.
Therefore, now we intends to hold our Annual General Meeting on Wednesday, December 17, 2011 at 11:30 am, at the Registered Office of the Company situated at 1st Floor, NIC Building, Abbasi Shaheed Road, Karachi.
Direction in terms of Section 170 of the Companies Ordinance, 1984
Please refer to your letter dated November 24, 2011 seeking direction under Section 170 of the Companies Ordinance, 1984 (the “Ordinance”) for holding overdue annual general meeting of United Brands Limited (the Company”) for the year ended June 30, 2011 by December 17,2011.
2. In this connection, the Company is hereby directed in terms of Section 170 of the Ordinance to convene its overdue AGM for the year ended June 30, 2011 by December 17, 2011 and hereafter submit, within a week of the date of the meeting so held, a compliance report along with attested copies of minutes of the said meeting.
3. This direction shall be without prejudice to the penal and civil consequences of the defaults already made by the Company and its management in complying with the provisions of Sections 158 and 233 of the Ordinance.
For more information, contact:
Karachi Stock Exchange
Tel: (92-21) 111-001122
Fax: (92-21) 3241 0825, (92-21) 3241 5136