Allocation of 1800 Rials in The annual Ordinary General Assembly of KPIC
According to the PR team at KPIC, in this meeting that was held on May 27, 2013, at Kermanshah Petrochemical Industries Complex, was announced formal, with the presence of meeting’s board of directors including: meeting director, supervisors, representative of stock exchange organization, legal auditor and inspector and 71% of shareholders and then performance report of board of managers was presented by managing director.
Mohammad Reza Mirahmadi, Managing Director of Kermanshah Petrochemical industries Company, while welcoming shareholders and appreciating their investment in KPIC, presented a report of company’s performance in the fiscal year ended in 2013-07-20 and summarized production and sales performance, financial and human resource measures and other important measures taken in the mentioned fiscal year to the audience.
He named 2012 as the blooming season for investment of honorable shareholders of this great industrial complex and said that receiving required licenses for starting second phase of urea and ammonia plan is a major step and an important factor for increasing added value and development of the company.
He remarked that the key to greater achievements for KPIC is acquiring difference licenses in various fields in 2012.
Karimaei, Director of Meeting, admired efforts of board of directors in 2012 and cited 2012 as a rousing year for KPIC.
Then the legal auditor and inspector presented his report and the company’s financial statements were approved by the shareholders.
In this meeting, 1800 rials of the realized profit was allocated as the company’s DPS for the fiscal year and the payment process was described as announced in Donyaye Eqtesad amd Bakhtar. Payment is done through Saderat Bank branches all over the country from 2013-06-23.
Azmoudeh Karan Auditing Institute and DayaRayan were selected as main auditor and inspector and substitutionary inspector for 2013 fiscal year respectively.
Also, Donyaye Eqtesad was selected as the national highly circulating daily and Baakhtar as the local daily for publishing the company’s minutes of meeting and advertisements for a year by the meeting.
During the meeting, other parts of the agenda were read by the director of the meeting and approved.