ABC Transport to hold AGM next month

By Kayode Tokede

The Board of ABC Transport Plc has announced that it will be hosting its 28th Annual General Meeting on the 17th of September, 2021.

According to a disclosure signed by the company’s secretary, Onyekachukwu Chigbo, the AGM will hold at Mayfair Suites and Conference Centre, Owerri-Imo State, on the aforementioned date and by 11:00am prompt.

The following issues will be addressed at the AGM, “The audited financial statement for the year ended December 31, 2020, and the report of its Directors, auditor, and the audit committee.

“Board appointments will also be considered and ratified; to fix remuneration of managers and Directors in FY 2021 and to elect shareholders’ representatives of the statutory audit committee.”

ABC Transport Plc, had earlier reported a loss of N73.08 million in the first quarter of the year (Q1, 2021).

In line with CAC guidelines, attendance at the AGM will be by proxy. Sequel to this, a list comprising of six (6) representatives authorized to represent shareholders, have been made available.

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