MORT.L Regulatory News (MORT)

9 Dec 2009 09:24



9 December 2009

Mortice Limited

Notice of Extraordinary General Meeting

Mortice Limited (AIM:MORT, the 'Company') announces that it has sent to its shareholders by post and electronically, a notice of Extraordinary General Meeting ('EGM') of the Company, which will be held at 36 Robinson Road #17-01 City House, Singapore 068877 on Monday 11 January 2010 at 10.30 a.m. for the following purposes:

Resolution 1: Change of Auditors

That Messrs Foo Kon Tan Grant Thornton be appointed Auditors of the Company in place of Messrs Shanker Iyer & Co who resign, pursuant to Section 205(15) of the Companies Act, Cap. 50, to hold office until the next Annual General Meeting  at remuneration to be determined by the Directors.

Resolution 2: Alteration of Articles of Associationi. Article 55 

By deleting Article 55 in  it's entirely and substitute with the following:

"No business shall be transacted at any General Meeting unless a quorum is present. Save as herein otherwise provided, two Members shall form a quorum but if the Company has only one Member, that Member shall form the quorum, and in the event of a corporation being beneficially entitled to the whole of the issued capital of the Company one person representing such corporation shall be a quorum. A quorum shall be deemed to constitute a Meeting and, if applicable, the provisions of the Act shall apply. For the purpose of this Article, "Member" includes a person attending by proxy or by attorney or as representing a corporation which is a Member."

ii. Article 56

By deleting Article 56 in it's entirely and substitute with the following:

"If within fifteen minutes from the time appointed for the holding of a General Meeting (or such longer period as the chairman of the meeting may allow) a quorum is not present, the meeting, if convened on the requisition of Members, shall be dissolved. In any other case it shall stand adjourned to the same day in the next week at the same time and place, and if at such adjourned meeting a quorum is not present within fifteen minutes from the time appointed for holding the meeting, the Member or Members present (including a person attending as a proxy or as attorney or as representing a corporation which is a Member) shall be a quorum."

A full version of the notice of EGM is available on the Company's website www.morticegroup.com

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