23 Sep 2010 09:30
23 September 2010
Mortice Limited
(Incorporated in Republic of Singapore)
(Co. Regn. No: 200800770W)
Notice of Annual General Meeting
Mortice Limited (AIM:MORT, the "Company") announces that it has sent to its shareholders by way of postal communication the notice of the Annual General Meeting ("AGM") of the Company, which will be held at 36 Robinson Road #17-01 City House, Singapore 068877 on Saturday, 09 October 2010 at 3.00 p.m. for the following purposes:
As Ordinary Business
1) To receive and adopt the Directors' Report and the Audited Accounts of the Company for the financial year ended 31 March 2010 together with the Auditors' Report thereon. (Resolution 1)
2) To re-elect Mr Arun Duggal retiring pursuant to Article 79 of the Company's Articles of Association.
(Resolution 2)
3) To re-elect Mr Shanker Iyer retiring pursuant to Article 83 of the Company's Articles of Association.
(Resolution 3)
4) To approve the payment of Directors' fees and remuneration of US$ 540,116 for the financial year ended 31 March 2010. (Resolution 4)
5) To re-appoint Messrs Foo Kon Tan Grant Thorntonas the Company's Auditors and to authorise the Directors to fix their remuneration. (Resolution 5)
6) To transact any other ordinary business which may properly be transacted at an Annual General Meeting.
As Special Business
To consider and if thought fit, to pass the following resolution as an Ordinary Resolution, with or without any modifications:
Share Issue Mandate
7) That pursuant to Section 161(1) of the Companies Act (Cap. 50), and subject to the provisions of the Articles of Association of the Company, the Directors be and are hereby authorised to issue shares of the Company from time to time as they think fit provided that in respect of any issue of shares otherwise than pro-rata to the existing members of the Company this authority be limited to 20 per cent of the Company's issued share capital as at this date for cash or shares
(Resolution 6)
This authority shall continue to be in force until:
a) revoked by a subsequent general meeting of the Company;
b) the conclusion of the next Annual General Meeting of the Company; or
c) the expiry of the period within which the next Annual General Meeting of the Company is required by law to be held,
whichever is the earliest.
Annual Report and Accounts
The Company also announces that the Annual Report and Accounts for the year ended 31 March 2010 have been posted to shareholders.
A copy of the notice of AGM and the Annual Report will also be available on the Company's website www.morticegroup.com
For further information please contact:
| Mortice Limited |
|
|
| Manjit Rajain, Executive Chairman |
| Tel: +91 981 800 0011 |
| Vaibhav Dayal, Chief Executive Officer |
| Tel: +91 981 867 0003 |
| Grant Thornton Corporate Finance (NOMAD) |
|
|
| Fiona Owen / Robert Beenstock |
| Tel: +44 207 383 5100 |
|
|
|
|
| Seymour & Pierce Limited (Broker) |
|
|
| Nandita Sahgal / Jeremy Stephenson |
| Tel: +44 207 107 8000 |
MORT.L (MORT)