Colombo, Sri Lanka – August 31, 2026 – EAST WEST PROPERTIES PLC (CSE: PQ 221) has formally announced that its Forty Fifth Annual General Meeting (AGM) will be held virtually. The crucial corporate gathering is scheduled for Friday, September 25, 2026, at 2:00 PM, marking a continued adoption of digital platforms for significant shareholder engagements.
The notice, issued by the company’s Secretaries, S S P Corporate Services (Private) Limited, confirms that the virtual meeting will be conducted via Zoom. The proceedings will emanate from EAST WEST PROPERTIES PLC’s premises located at No. 253, Raja Mawatha, Ekala, Ja-Ela, ensuring a structured and accessible platform for all eligible shareholders.
Key Agenda Items for the 45th AGM
The upcoming AGM presents shareholders with a comprehensive agenda covering essential aspects of the company’s governance and future direction. Key items for consideration and approval include:
- Annual Report and Financial Statements: Attendees will receive and review the Annual Report of the Board of Directors on the company’s affairs, alongside the Audited Financial Statements for the year ended March 31, 2026. The Report of the Auditors thereon will also be presented.
- Re-election of Directors: Two directors, Mr. Jayajothisinghe Senanayaka Mudiyanselage Dananjaya Moggali Abeyrathne Bandara and Mr. Chethiya Minendra Umagiliya Weerawardena, are due to retire by rotation. In accordance with Article No. 86 of the Articles of Association, their re-election will be proposed.
- Re-appointment of Auditors: The meeting will address the re-appointment of M/s BDO Partners, Chartered Accountants, as the Auditors of the Company. If approved, they will hold office until the conclusion of the next Annual General Meeting, with authorization for the Directors to determine their remuneration.
- Authorization for Charitable Contributions: Directors will seek authorization to determine contributions to charities and other donations for the financial year 2026/2027, extending until the next Annual General Meeting.
Shareholder Participation and Proxy Information
EAST WEST PROPERTIES PLC underscores the importance of shareholder involvement. Any member entitled to attend and vote at the meeting is also entitled to appoint a proxy in their stead. A form of Proxy accompanies the official notice, and it is important to note that a proxy need not be a shareholder of the company.
To ensure valid representation, instruments appointing proxies must be lodged with the Company Secretary’s office not less than 48 hours before the scheduled commencement of the meeting.
This virtual AGM reinforces EAST WEST PROPERTIES PLC’s commitment to robust corporate governance and transparent engagement with its investor base, leveraging technology to facilitate broader participation in critical corporate decisions.
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