Company announcements
O‘zqishloqelektrqurilish Joint-Stock Company
Voting results on the resolutions adopted at the annual general meeting of shareholders on the results of 2020, held on 20 May 2021:
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To approve the report of the company’s supervisory board on the results of the 2020 financial year and on the measures being taken to achieve the company’s development strategy.
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To approve the report of the company’s General Director on the results of financial and economic activities for 2020 and on the measures being taken to achieve the company’s development strategy.
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To approve the company’s annual report for 2020, the balance sheet and the statement of financial results, as well as the net profit of 6,185,507.0 thousand soums.
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To approve the opinions of the audit organisation Orient Audit Group LLC on the results of the national and international external audit of the company’s financial and economic activities for 2020.
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To approve the report and opinion of the audit commission on the results of the review of the company’s financial and economic activities for 2020.
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To distribute the net profit of 6,185,507.0 thousand soums received by the company for the 2020 financial year as follows:
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73.8 per cent (i.e. 4,564,763,256 soums) — to the production development fund;
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15 per cent (i.e. 927,826,050 soums) — to the company’s reserve fund;
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4.2 per cent (i.e. 259,791,294 soums) — to the costs of preparing and holding the general meeting, and to the material incentives for members of the supervisory board, the audit commission, the counting commission and the executive body of the company;
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7 per cent (i.e. 433,126,400 soums) — to the payment of dividends (calculated at 320 soums per share).
Dividends to shareholders who are individuals shall be paid in cash and by transfer to their bank cards.
Dividends to shareholders that are legal entities shall be paid by bank transfer.
The start date for the payment of dividends is set at 31 May 2021 and the end date at 19 July 2021.
- To consider the following candidates elected to the company’s supervisory board for 2021:
| No. | List of candidates for members of the supervisory board | Voting results |
|---|---|---|
| 1 | Sirajev Alisher Ziyayevich | 1,020,978 |
| 2 | Turabov Akmal Shodiyevich | 983,934 |
| 3 | Gimranova Gulnora Karimovna | 1,010,043 |
| 4 | Azimov Najib Mirzoqodirovich | 1,032,546 |
| 5 | Artiqov Sobirjon Sadullayevich | 1,032,546 |
| 6 | Muhammadiyev Tulqun Rahmatjonovich | 1,032,546 |
| 7 | Ibragimov Azamat Muqimovich | 1,032,546 |
| 8 | Usmanov Farhad Jauhatovich | 1,032,546 |
| 9 | Nosirov Dilshod Bahodirovich | 1,032,546 |
- To consider the following candidates elected to the company’s audit commission for 2021:
| No. | List of candidates | Brief details |
|---|---|---|
| 1 | Chavdayeva Mohinur Yasaviyevna | Shareholder, retired |
| 2 | Ibragimov Jamshed Azamatog‘li | Representative of FZE “Global engineering and construction” |
| 3 | Hakimov Bahtovar Davlatovich | Representative of Spey Medikal LLC |
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To appoint Kaimov Hoshim Karimovich to the position of General Director of O‘zqishloqelektrqurilish Joint-Stock Company and to conclude an employment contract with him for a term of one year.
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Not to conclude contracts with the audit organisations listed in the ballot.
To authorise the company’s supervisory board to select the audit organisation for the national and international external audit of the company’s financial and economic activities for 2021 and to determine the fee for that organisation’s services; this matter is to be considered at the next meeting of the supervisory board.
- To note that, according to the company’s accounting records as at 19 May 2021, there is an outstanding dividend liability of 58,200,794.8 soums, and that these funds are attributable to shareholders who currently reside abroad, have died and/or are otherwise unknown to the enterprise.
To further note that 10,190,789.2 soums of the said liability (58,200,794.8 soums) are dividends accrued for 2013–2016 and have not been claimed by shareholders during the last three years; pursuant to Article 51 of the Law of the Republic of Uzbekistan “On joint-stock companies and protection of shareholders’ rights”, to leave this liability (10,190,789.2 soums) at the company’s disposal and to make the corresponding changes to the company’s accounting records.
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To approve the opinion on the results of the assessment of the corporate governance system in the company.
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To reward the members of the supervisory board, the audit commission and the counting commission of the company, as well as active employees of the staff, for the company’s activities in 2020, and to approve the amounts payable to them in accordance with Annex 1.
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To assign responsibility for ensuring the timely execution of the adopted resolutions to the company’s general director.