The meeting will endorse a proposal of issuing 26.63 percent right shares to its existing shareholders, mobilize the funds obtained from right issue to renovate its premises, delegate authority to BOD to amend article and memorandum of association, elect 6 directors and appoint an independent director.
In this regard, the hotel will close its book on September 18, thus, the shareholders registered in its book till September 17 will be eligible to attend the AGM.
