Karachi: Pakistan Cables Limited has announced that an Extraordinary General Meeting (EOGM) will be held on August 13, 2024, at Jasmine Hall, Beach Luxury Hotel, and online via the Zoom Application. The meeting is set to discuss crucial company matters including the confirmation of minutes from a previous meeting held in March 2024.

The EOGM will review the minutes from the meeting on March 18, 2024, and will handle the ordinary business of the company. According to information available from the Pakistan Stock Exchange (PSX), shareholders are advised that the Shares Transfer Books of the company will remain closed from early August until August 13, 2024, with no transfers being registered during this period.

Furthermore, the meeting will allow shareholders to appoint proxies to vote on their behalf, provided the proxies are members of the company themselves. For those unable to attend in person, Pakistan Cables has provided options for electronic voting or voting by post on special business items, in line with regulations amended by the Securities and Exchange Commission of Pakistan in December 2022.

The company has outlined specific procedures for both electronic voting and postal ballots to ensure that all votes are counted accurately. Electronic voting will be available from August 8 through August 12, while postal ballots must be submitted by the latter date. UHY Hassan Naeem & Co. has been appointed to scrutinize the voting process to uphold transparency and fairness in the proceedings.

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