On January 26, 2024, shareholders of Ibrahim Fibres Limited are set to assemble at an Extraordinary General Meeting (EGM). Scheduled for 10:30 A.M. at the Avari Hotel in Lahore, the gathering will also be accessible via an online platform, catering to the diverse geographical locations of its shareholders. (Read Also: Pakistan’s Military Fortifies Ties with US, Reducing Reliance on China: Geopolitical Implications ) Moving Towards Digital Transformation In an era where digital means are rapidly replacing conventional methods, one of the primary items on the meeting’s agenda is a significant transition towards the digital sphere. The company is seeking shareholder approval for a new method of transmitting its annual audited financial statements. This move is in compliance with the mandate of the Securities and Exchange Commission of Pakistan (SECP) through SRO 389(I)/2023, dated March 21, 2023. The Digital Approach Instead of distributing the annual report using traditional physical media formats like CD/DVD/USB, the company plans to adopt a more environmentally friendly and efficient method. The proposed digital strategy involves the use of QR-enabled codes and web-links. This includes the balance sheet, profit and loss account, auditor’s report, and directors’ report, among other documents. (Read Also: NA-127: Returning Officer Advises […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
