THE COMPANY BRINGS TO THE NOTICE OF ITS SHAREHOLDERS THE DECISIONS TAKEN UNANIMOUSLY ON 12.05.2016G BY THE ANNUAL GENERAL MEETING OF SHAREHOLDERS OF IMSTALCON JSC
The Company informs its shareholders of the decisions taken on 12.05.2016 by the Annual General Meeting of Shareholders of Imstalcon JSC
Decision on the first item on the Agenda:
1.1. Approve the annual financial statements of Imstalcon JSC for the reporting period ending on December 31, 2015, with a balance-sheet total of 49,437,684 thousand tenge, which was audited by the auditing company ALMIR CONSULTING LLP in accordance with the legislation of the Republic of Kazakhstan, and which includes:
Консолидированный отчет о финансовом положении по состоянию на конец отчетного периода;
· Consolidated statement of financial position as of the end of the reporting period;
· Consolidated statement of profit and loss for the period;
· Consolidated statement of comprehensive income for the period;
· Consolidated statement of changes in equity for the period;
· Consolidated statement of cash flow for the period;
. Notes to the consolidated financial statements.
1.2. Before May 28, 2016 finalize the Imstalcon JSC Rehabilitation Plan and proceed to coordination with creditors.
Decision for the second issue of the Agenda:
2. Due to the lack of net income of the Company for 2015 in accordance with the data of the consolidated financial statements, the net income of the Company for 2015 shall not be distributed and the dividends for 2015 shall not be paid.
Decision for the third issue of the Agenda:
3.1. The work of the Imstalcon JSC Board of Directors and its members from May 21, 2015 to May 12, 2016 to be accepted unsatisfactory.
3.2. Due to the unprofitable results of the Company’s work and the lack of funds, no bonus payments should be made to members of the Board of Directors.
Fourth and Fifth issues of the Agenda
4) Approval of the Imstalcon JSC charter in a new revision
5) The re-election of the bodies of JSC “Imstalcon” is currently not actual and have been withdrawn.