Wesizwe Platinum Limited Annual General Meeting (AGM)
This article has been supplied as a media statement and is not written by Creamer Media. It may be available only for a limited time on this website.
The Wesizwe Platinum annual general meeting (AGM) was held on Wednesday, 04 May 2016 at the Holiday Inn in Sandton, with the aim to consider and pass a number of ordinary and special resolutions. The minutes of the previous AGM were adopted and a presentation of the group’s audited annual financial statements, the directors’ report, the independent auditor’s report, the audit and risk committee’s report, as well as the report of the social and ethics committee for the year ended 31 December 2015 followed. The Chairperson then tabled a number of special and ordinary resolutions for consideration and approval by the Board members.
These related to the following:
- Remuneration of directors
- Financial assistance to related and inter-related companies
- Re-election of Mr. Liliang Teng as a non-executive director
- Re-election of Mr. Dexin Chen as a non-executive director
- Confirmation of the re-appointment of the independent auditors KPMG Inc.
- Confirmation of the auditor’s remuneration
- Reappointment of Mr. Victor Thembinkosi Mabuza to the audit and risk committee of the company
- Appointment of Ms. Dawn Merle Nonceba Mokhobo to the audit and risk committee of the company
- Reappointment of Mr. Vumile Lincoln Ngculu to the audit and risk committee of the company
- Endorsement of the remuneration policy
- Placing unissued shares under directors’ control
- General authority to issue shares for cash
- Authority to action
Shareholders were also advised of the resignation of Mr. William Mike Eksteen from the Wesizwe Board, who was an Independent non-executive Director. He was thanked for his contribution. The votes for each resolution were counted and finalised and the Wesizwe Platinum Limited. Reg No: 2003/020161/06 Directors: DNM Mokhobo (Chairman)*, D Chen (Deputy Chairman)*#, J Gao (Chief Executive Officer)#, W Ma (Financial Director)#, WM Eksteen*, J Li*#, LV Ngculu*, L Teng*#, TV Mabuza. Company Secretary - V Mhlongo (*Non Executive, # Chinese)
results were announced. The business of the agenda was dealt with and the meeting was therefore declared as closed.
For more information on Wesizwe Platinum and its flagship Bakubung Platinum Mine project, visit the website – www.wesizwe.com
Comments
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation