Art Holdings Zimbabwe – Notice of the 21st AGM to be held on 09 March 2023

Annual General Meeting Virtual link: https://escrowagm.com/eagmZim/Login.aspx

Notice Is Hereby Given To The Shareholders Of The Company That, the Twenty first Annual General Meeting (“AGM”) of the shareholders of Amalgamated Regional Trading (ART) Holdings Limited (the “Company”) will be held on Thursday, 09 March 2023, at 14:30 hours for the purposes of transacting and, if deemed fit, passing with or without amendments, the following resolutions:

ORDINARY BUSINESS
1. VIRTUAL AGM
To note and approve the convening of the 21st AGM through a virtual platform.

2. STATUTORY FINANCIAL STATEMENTS
To receive, consider and adopt the Audited Financial Statements of the Company for the year ended 30 September 2022 together with the Report of the Directors and Auditors thereon.

3. DIRECTORATE
3.1 In terms of the Articles of Association of the Company, Mr Oakley retires by rotation at the Annual General Meeting and being eligible, offers himself for re-election. He was appointed in 2015 and he is currently the Human Resources Committee Chairperson. He is a fellow of the Chartered Institute of Secretaries.
3.2 In terms of the Articles of Association of the Company, Mr Steven Mupfurutsa having been appointed to the Board during the year retires at the Annual General Meeting and being eligible offers himself for re-election. He holds a Bachelor of Accountancy (Honors) Degree from University of Zimbabwe and is a member of the Institute of Chartered Accountants of Zimbabwe. He is currently the Chief Finance Officer of Mangwana Capital.
3.3 In terms of the Articles of Association of the Company, Mr T.I. Baik having been appointed to the Board during the year retires at the Annual General Meeting and being eligible offers himself for re-election. He holds a Bachelor in Civil Engineering Degree from Yonsei University (South Korea) and is currently the Chief Executive Officer of Taesung C&I Ltd.
3.4 To note the sad passing on of Mr Young Chul Baik on the 25th of September 2022. Mr Baik had served the board since 2017.

4. DIRECTORS FEES
To approve Directors’ fees for the year ended 30 September 2022.

5. INDEPENDENT AUDITORS
To re-appoint auditors and approve the auditor’s remuneration for the past year.

Members will be asked to re-appoint Messrs Grant Thornton Chartered Accountants for their fourth year and approve their remuneration for the 2022 financial year.

By order of the Board

Registered Office:
Palm Grove House
P O Box 3186
Wickhams Cay 1
Road Town, Tortola
British Virgin Islands

Regional Office:
202 Seke Road
P O Box 2777
Graniteside
Harare
Zimbabwe

A M CHINGWECHA
GROUP COMPANY SECRETARY

Dated: 08 February 2023

Note: A member entitled to attend and vote at the above meeting is also entitled to appoint one or more proxies to attend and, on a poll, vote instead of him (see Form of Proxy). The proxy need not be a member of the Company. Appointment of a proxy will not preclude a member from attending and voting at the meeting. In order to be effective, completed proxy forms must reach the Company’s transfer secretaries not less than 48 hours before the time appointed for the holding of the meeting. Every person present and entitled to vote at a general meeting shall, on a show of hands, have one vote only, but in the event of a poll, every share shall have one vote

• ART Holdings Limited (ARTD.zw) on Africanfinancials