Mar 2016 Financial News

Readymix (West Indies) Limited - Notice of Annual General Meeting 2016 (Amended)

Mar 11, 2016

This notice replaces previous “Notice of Annual Meeting of Readymix (West Indies) Limited” published 7th March 2016.

Notice is hereby given that the ANNUAL MEETING of READYMIX (WEST INDIES) LIMITED for the year ended 31st December, 2015 will be held at the Nelson Mandela Hall, Dr. Joao Havelange Centre of Excellence, Macoya Road, Tunapuna, on Friday 15th April, 2016 at 2:30 p.m. for the transaction of the following business:

ORDINARY BUSINESS

1.    To receive and consider the Report of the Directors and the Audited Financial Statements for the financial year ended 31st December, 2015, with the Report of the Auditors thereon.
2.    To elect Directors.
3.    To appoint Auditors and authorise the Directors to fix their remuneration for the ensuing year.
4.    To authorise the Board of Directors to fix the remuneration of the Directors, in accordance with Paragraph 7.2 of the Company’s Bye-laws.
5.    To transact any other business which may be properly brought before the meeting.

SPECIAL BUSINESS

1.   To consider and if thought fit, remove Mr. Parasram Heerah as a Director of Readymix (West Indies) Limited (“RML”) pursuant to Paragraph 4.6.4 of the Company’s By-law No. 1, by the passing of the following ordinary resolution:

       “WHEREAS:

       a.   As was the custom and practice, Mr. Heerah had been nominated by Trinidad Cement Limited as a Director on the Board of RML (and was duly appointed) based on his engagement as Group Finance Manager (Ag.);

       b.   Mr. Heerah has ceased to act in the position of Group Finance Manager (TCL Group) effective as of 31st December, 2015 and ceased to be employed with Trinidad Cement Limited effective as of 20th January, 2016;

       c.   A new Group Finance Manager - Mr. Luis Ali Moya - was appointed effective as of 4th January, 2016.

       BE IT RESOLVED THAT Mr. Parasram Heerah be removed as a Director of RML, pursuant to Paragraph 4.6.4 of the Company’s By-law No. 1.”

2.   To consider and if thought fit, fill the vacancy created by the removal of Mr. Heerah by the election of Mr. Luis Ali Moya as a Director of RML, pursuant to Paragraph 4.6.4 of the Company’s By-laws, by the passing of the following ordinary resolution:

       “WHEREAS Mr. Parasram Heerah has been removed as a Director on the Board of Directors of RML;

       BE IT RESOLVED THAT Mr. Luis Ali Moya be elected as a Director to fill the vacancy created by the removal of Mr. Parasram Heerah, pursuant to  Paragraph 4.6.4 of the Company’s By-law No 1.”

NOTES

1 Record Date

The Directors have fixed Monday 14th March, 2016 as the record date for shareholders entitled to receive notice of the Annual Meeting. Formal notice of the Meeting will be sent to shareholders on the Register of Members as at the close of business on that date. A list of such shareholders will be available for examination by shareholders at the registered office of The Trinidad & Tobago Central Depository, 10th Floor, Nicholas Tower, 63-65 In dependence Square, Port of Spain during usual business hours and at the Annual Meeting.

2. Proxies

Members of the Company entitled to attend and vote at the Meeting are entitled to appoint one or more proxies to attend and vote instead of them. A proxy need not also be a member. Where a proxy is appointed by a corporate member, the form of proxy should be executed under seal or signed by some officer or attorney duly authorised.

To be valid, the Proxy Form must be completed and deposited at the registered office of the Trinidad & Tobago Central Depository, 10th Floor, Nicholas Tower, 63-65 Independence Square, Port of Spain, not less than 48 hours (excluding non-business days) before the time fixed for holding the Meeting.

BY ORDER OF THE BOARD

MALCOLM SOOKNANAN
COMPANY SECRETARY

11th March, 2016

 

Source:
The Trinidad and Tobago Stock Exchange Limited
Friday March 11, 2016