Ceylinco Life Insurance Limited
INTEGRATED ANNUAL REPORT 2016

SUPPLEMENTARY INFORMATION

Notice of Annual General Meeting

Notice is hereby given that the Third (3rd) Annual General Meeting of Ceylinco Life Insurance Limited will be held at Ceylinco Life Insurance Limited, No. 106, Havelock Town, Colombo 05 on Thursday, 30 March 2017 at 3.00 p.m. for the following purposes:

  • To read the Notice convening the Meeting.
  • Chairman’s Address.
  • To receive, consider and adopt the Report of the Directors and the Financial Statements for the year ended 31 December 2016 and the Report of the Auditors thereon.
  • To declare a Dividend for the year ended 31 December 2016 as recommended by the Board of Directors and to consider and if thought fit, to pass the following resolution
    ‘Resolved that a total dividend of Rs. 7.50 per share inclusive of Rs. 5.42 interim dividend (paid) and a final dividend of Rs. 2.08 per share constituting a total sum of Rs. 375 Mn be and is hereby declared for the financial year ended 31 December 2016 on the issued and fully paid ordinary shares of the Company’.
  • To re-elect Juvanel Godwin Peter Perera, who retires at the Annual General Meeting as a Director, in terms of Section 210 of the Companies Act No. 07 of 2007. Special Notice having been given pursuant to Sections 210 and 211 of the Companies Act No. 07 of 2007 of the intention to propose the following resolution as an ordinary resolution:
    “Resolved that Juvanel Godwin Peter Perera who will be 80 years in December, 2017 be re-elected as a Director of the Company and it is specifically declared that the age limit specified in Section 210 of the Companies Act No. 07 of 2007 shall not apply to Juvanel Godwin Peter Perera”.
  • To re-elect Gen. Chandrika Sirilal Weerasooriya (Retired), who retires at the Annual General Meeting as a Director, in terms of Section 210 of the Companies Act No. 07 of 2007. Special Notice having been given pursuant to Sections 210 and 211 of the Companies Act No. 07 of 2007 of the intention to propose the following resolution as an ordinary resolution:
    “Resolved that Gen. Chandrika Sirilal Weerasooriya (Retired) who will be 74 years in December 2017 be re-elected as a Director of the Company and it is specifically declared that the age limit specified in Section 210 of the Companies Act No. 07 of 2007 shall not apply to Gen. Chandrika Sirilal Weerasooriya”.
  • To re-elect the following Directors who in terms of the Company’s Articles of Association retire by rotation as given below:
    • D H J Gunawardena
    • J A Setukavalar
    • R S W Senanayake
  • To re-appoint Messrs Ernst & Young, Chartered Accountant as recommended by the Board of Directors as the Company’s Auditors for the financial year ending 31 December 2017 and to authorise the Board of Directors to determine their remuneration.
  • To authorise the Directors to determine donations for the year ending 31 December 2017 and up to date of the next Annual
    General Meeting.
  • To transact any other business of which due notice shall be given.

By Order of the Board,

 

K I Weththasinghe
Company Secretary

2 March 2017

Note

  • The shareholder entitled to attend and vote at the meeting is entitled to appoint a proxy to attend and vote on behalf of him/her.
  • The Form of Proxy is enclosed for this purpose.
  • The completed Form of Proxy must be deposited at the Company Secretarial Division of the Company at No. 106, Havelock Town, Colombo 05 not later than 48 hours before the time appointed for holding of the meeting.