316, Cotton Exchange Building,
I.I.Chundrigar Road, Karachi (Pakistan)
UAN: 92 21 111 000 100 Fax: 92 21 32416705
Sapphire Fibres Limited
1st Floor, Tricon Corporate Centre,
73-E Main Jail Road, Gulberg II, Lahore. UAN: 92 21 111 000 100
Fax: 92 21 35758783, 35713753
INFORMATION ABOUT SCRUTINIZER
With reference to the regulations 4(4) and 11 of the Companies (Postal Ballot) Regulations 2018, below is the information regarding the scrutinizer for the purpose of upcoming Extraordinary General Meeting to be held on July 20, 2023.
1. | Name of Scrutinizer | M/s. Shinewing Hameed Chaudhri & Co., Chartered Accountants | |
(Statutory Auditors) | |||
2. | Qualification | and | ShineWing Hameed Chaudhri & Co., Chartered Accountants, is |
experience | one of the oldest and renowned firms of Chartered Accountants in | ||
Pakistan, established by late Mr. Abdul Hameed Chaudhri (FCA) | |||
in 1957. It is a member firm of ShineWing International. | |||
The firm is a premier provider of professional services in audit and | |||
assurance, accounting, tax, risk management and advisory, and | |||
corporate services to a significant number of clients including listed | |||
and economically significant entities, through its offices located | |||
across Pakistan. | |||
3. | Purpose of appointment | As the company is required to appoint scrutinizer for the purpose | |
of voting in the general meeting to transact a business which | |||
pertains election of directors in case where number of contestants | |||
are more than the number of directors fixed by the Board as | |||
mentioned in section 159 of the Companies Act, 2017. | |||
Therefore, scrutinizer has been appointed to observe that | |||
satisfactory procedures of the voting process including adequate | |||
precautionary measures are ensured and reported as mentioned | |||
under regulation 11A. | |||