RESOLUTIONS PASSED AT THE 64TH ANNUAL GENERAL MEETING OF NIGERIAN ENAMELWARE PLC
Date: September 26, 2024
Location: Osun Hall, Lagos Airport Hotel, Ikeja, Lagos
Overview:
The 64th Annual General Meeting (AGM) of Nigerian Enamelware PLC was held on September 26, 2024, at Lagos Airport Hotel. Several important resolutions were passed regarding the company’s governance and financial matters.
Key Resolutions:
1. Approval of Financial Reports: The reports of the Directors, Auditor, and Audit Committee, along with the audited financial statements for the year ended April 30, 2024, were received and adopted.
2. Election and Re-election of Directors:
The appointment of Mr. Kevin Coo Liong as a director was ratified.
Directors retiring by rotation, including Mr. Yujung Tang and Mr. Oloniyi Banjo, were re-elected to the board. Boole Sunday O. Ogunnowo, who is above 20 years of age, was re-elected as a director following special notice, in accordance with Sections 228 and 282 of the relevant corporate regulations.
3. Appointment of External Auditors: Messrs. Solo Oyetoyo & Co. were appointed as the company’s external auditors until the end of the current financial year. The remuneration and expenses for the auditors will be determined by the Directors until the conclusion of the next AGM.
4. Establishment of Statutory Audit Committee: The following shareholders’ representatives were elected as members of the Statutory Audit Committee:
Mrs. OluwamoYokun Kolawole
Mr. Moses Okorie
Mr. Olukoyode Tunde Adesiyin
Additionally, the following Directors were appointed to represent the Board on the Statutory Audit Committee:
Boole Sunday O. Ogunnowo
Mr. Kevin Coo Liong
5. Disclosure of Managerial Remuneration:
The remuneration of the Managers of the company was disclosed to the members present at the AGM.
6. Approval of Non-Executive Directors' Remuneration: The remuneration of the Non-Executive Directors was approved.
Date: September 26, 2024
Location: Osun Hall, Lagos Airport Hotel, Ikeja, Lagos
Overview:
The 64th Annual General Meeting (AGM) of Nigerian Enamelware PLC was held on September 26, 2024, at Lagos Airport Hotel. Several important resolutions were passed regarding the company’s governance and financial matters.
Key Resolutions:
1. Approval of Financial Reports: The reports of the Directors, Auditor, and Audit Committee, along with the audited financial statements for the year ended April 30, 2024, were received and adopted.
2. Election and Re-election of Directors:
The appointment of Mr. Kevin Coo Liong as a director was ratified.
Directors retiring by rotation, including Mr. Yujung Tang and Mr. Oloniyi Banjo, were re-elected to the board. Boole Sunday O. Ogunnowo, who is above 20 years of age, was re-elected as a director following special notice, in accordance with Sections 228 and 282 of the relevant corporate regulations.
3. Appointment of External Auditors: Messrs. Solo Oyetoyo & Co. were appointed as the company’s external auditors until the end of the current financial year. The remuneration and expenses for the auditors will be determined by the Directors until the conclusion of the next AGM.
4. Establishment of Statutory Audit Committee: The following shareholders’ representatives were elected as members of the Statutory Audit Committee:
Mrs. OluwamoYokun Kolawole
Mr. Moses Okorie
Mr. Olukoyode Tunde Adesiyin
Additionally, the following Directors were appointed to represent the Board on the Statutory Audit Committee:
Boole Sunday O. Ogunnowo
Mr. Kevin Coo Liong
5. Disclosure of Managerial Remuneration:
The remuneration of the Managers of the company was disclosed to the members present at the AGM.
6. Approval of Non-Executive Directors' Remuneration: The remuneration of the Non-Executive Directors was approved.