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Extraordinary General Meeting, July 2019

Azgard Nine shareholders met on 30 July 2019 at an extraordinary general meeting called under an order of the Lahore High Court.

Extraordinary General Meeting, July 2019

Azgard Nine Limited held an extraordinary general meeting on Tuesday, 30 July 2019, at 10.00 am at its registered office, Ismail Aiwan-i-Science, Lahore.

The meeting was called under the Lahore High Court's order of 8 July 2019 to consider and approve transactions provided for in the company's Creditors' Scheme of Arrangement. Shareholders also confirmed the minutes of the 25th Annual General Meeting held on 26 October 2018. The share transfer books were closed from 24 to 30 July 2019.

Key facts

  • Meetingextraordinary general meeting, 30 July 2019, 10.00 am, Lahore
  • Called underLahore High Court order of 8 July 2019
  • Businesstransactions under the Creditors' Scheme of Arrangement; minutes of the 25th AGM
  • Next stepthe Court sanctioned the scheme the following day, 31 July 2019

The meeting was one step on the road to a stronger balance sheet, the base for Azgard9's growth as a global denim partner.