Limuru Tea PLC is holding its 94th Annual General Meeting with the following details:
|Venue||:||Sarova Panafric Hotel KE|
About the company
Limuru Tea PLC (formerly Limuru Tea Company Limited) owns 275 hectares of tea plantations situated four kilometres to the east of Limuru Town. The Company is an outgrower to Unilever Tea Kenya Limited (UTKL), the largest private sector tea company in Kenya. UTKL acts as the Limuru Tea Company’s managing agent in the growing, manufacturing, sales and marketing of its tea. The Limuru Tea estate green leaf is manufactured in the nearby UTKL’s Mabroukie factory from where it is sold mainly for export.
This annual general meeting (AGM) is a mandatory yearly gathering of the company’s interested shareholders. At the AGM, the directors of this company present an annual report containing information for shareholders about the company’s performance and strategy. Shareholders with voting rights vote on current issues, such as appointments to the company’s board of directors, executive compensation, dividend payments and selection of auditors. (Investopedia)
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