The 2015 Annual General Meeting of Maldives Transport and Contracting Company plc was held last night ( 23rd May 2016 ) at Hotel jen, Ball room.
A total of 65 shareholders were represented at the meeting including 62 shareholders who attended the AGM in person. The remaining shareholders were represented through proxy holders. This is a record amount of shareholders attending ( in person ) to an Annual General Meeting of MTCC.
Through these 65 shareholders a total of 280,064 shares was represented at the meeting which amounts to 56% of the company's share.
The following was approved by the shareholders in the meeting.
-Minutes of the Annual General Meeting 2014.
-Audited financial statements for the year 2015 and the Company's 2015 Directors Report.
- A dividend amount of MVR 32/- for each ordinary share ( face value MVR 50/- )
- Earnest and Young was selected as the external Auditors for 2016 for a fee of MVR342, 000/- .
Further to this Mr. Mohamed Imran ( M.Mainz , K.Male' ) and Mr.Fathulla Ismail ( Feerozge, Ha.Kela ) was elected as directors to represent public shareholding at the Board of Directors.
- Submitted on Tue, 24/05/2016 - 15:57