Annual Report 2009/10 - Colombo Stock Exchange

More documents

Recommendations

Info

40 Sierra Cables PLC - Annual Report 2009/10 Connecting Sri Lanka to Progress Five Year Summary Exports Gross Profit Long-Term Borrowings Rs. Mn. 300 250 200 150 100 50 Rs. Mn. 350 300 250 200 150 100 50 Rs. Mn. 80 70 60 50 40 30 20 10 0 2006 2007 2008 2009 2010 0 2006 2007 2008 2009 2010 0 2006 2007 2008 2009 2010 Net Profit After Tax Net Profit Before Associate Company’s Share of Profit Revenue Rs. Mn. Rs. Mn. Rs. Mn. 150 200 2,000 120 150 1,500 90 100 1,000 60 30 50 5,00 0 2006 2007 2008 2009 2010 0 2006 2007 2008 2009 2010 0 2006 2007 2008 2009 2010 Rs. Mn. 15 Return On Equity Rs. Mn. 10 Return On Assets 12 8 9 6 6 4 3 2 0 2006 2007 2008 2009 2010 0 2006 2007 2008 2009 2010
Connecting Sri Lanka to Progress Sierra Cables PLC - Annual Report 2009/10 41 Notice of Meeting NOTICE IS HEREBY GIVEN that the 07th Annual General Meeting of SIERRA CABLES PLC will be held on 04th August 2010 at 10.00 a.m. at the Sri Lanka Foundation Institute, 100, Independence Square, Colombo 07. Agenda 1. To read the notice convening the meeting. 2. To receive and consider the Report of Directors and the Statement of Audited Accounts for the year ended 31 March 2010 and the Report of the Auditors thereon. 3. To declare a final dividend as recommended by the Board of Directors. 4. To re-elect Mr. E.A.D.T. B. Perera who retires by rotation in terms of Article 91 of the Articles of Association of the Company as a Director of the Company. 6. To re-elect Mr. D.S. Panditha who retires by rotation in terms of Article 91 of the Articles of Association of the Company as a Director of the Company. 7. To re-appoint Messrs KPMG Ford, Rhodes, Thornton & Co., Chartered Accountants as Auditor of the Company for the ensuring year and to authorise the Directors to determine their remuneration. 8. To transact any other business of which due notice has been given. To consider and if thought fit to pass the following as special resolutions: A. To delete the Memorandum of Association of the Company in its entirety. B. To include the following as Article number 2(A) under the caption PRIMARY OBJECTS in the Articles of Association of the Company to read as follows: 2 (A) Primary Objects (1) To carry on the business of manufacturers of all kinds of cables, wires and conductors from aluminium, copper, steel or any other metal or material including insulated, sheathed and armoured cables, wires and conductors for transmitting electricity and other types of power and telecommunications and for any other purpose. (2) To carry on the business of manufacturers of insulators, sheaths, conduits and tubes from any natural chemical or synthetic substance or any metal for the purpose of housing and protecting such cables, wires and conductors. (3) To carry on the business of electricians, electrical engineers and manufacturers of all kinds of machinery, equipment and apparatus including accumulators, lamps, meters, engines, dynamos, motors, switches, plugs, adapters, regulators, fuse boxes and batteries and telecommunication apparatus and equipment of every kind. (4) To carry on the business of importers, exporters, wholesale & retail dealers, stockists of all kinds of raw materials, wires, cables, machinery, apparatus goods and materials of all kinds. (5) To carry on the business relating to the rolling, mining, casting, smelting and working of minerals, the production and working of metals and the production, manufacture and preparation of any other items which may be conveniently combined with the business of the Company. (6) To carry on any other business the Board of Directors of the Company may determine to be beneficial to the Company. 1) To add the following paragraph to existing Article 10 which shall read as follows: The Company shall not register more than three (03) persons as joint holders (including the principal holder) of any shares (except in the case of executors, administrators or heirs of a deceased member). By Order of the Board (Sgd.) P.R. Secretarial Services (Pvt) Ltd. Colombo Note : • A member entitled to attend and vote at the meeting, is entitled to appoint a Proxy to attend and vote instead of him/her; a Form of Proxy is enclosed for this purpose. • A Proxy need not be a member of the Company. • The completed Form of Proxy must be deposited at the Company Registrars’ Office, No.101, Inner Flower Road, Colombo 03 not less than forty-eight (48) hours before the time fixed for the meeting. • Any member or Proxy holder attending the meeting is kindly requested to bring this report. • For security reasons, Members/Proxy holders are kindly advised to bring along with them their National Identify Card or a similar form of acceptable identity when attending the meeting.
Page 1: Annual Report 2009/10
Page 4 and 5: 2 Sierra Cables PLC - Annual Report
Page 12 and 13: 10 Sierra Cables PLC - Annual Repor
Page 19 and 20: Connecting Sri Lanka to Progress Si
Page 41: Connecting Sri Lanka to Progress Si
Page 45 and 46: Form of Proxy I/We ……………
Page 47: Designed & Printed by Printel (Pvt)

Annual Report 2009/10 - Colombo Stock Exchange

Create successful ePaper yourself

Delete template?

Save as template?