Colombo, Sri Lanka – 02 September 2026 – Ambeon Holdings PLC (CSE: AMH) has officially announced its Annual General Meeting (AGM) will be held virtually on Wednesday, September 23, 2026, at 10:30 a.m. The notice, issued today, outlines a comprehensive agenda for shareholders, covering financial performance, director re-elections, and key operational mandates.
The virtual AGM format allows shareholders to participate via audio/video electronic means, with the Boardroom of the Company at No. 100/1, Elvitigala Mawatha, Colombo 8, serving as the central point. This approach continues to leverage technology for corporate governance, ensuring accessibility for shareholders.
Key Agenda Items for the Virtual AGM
The upcoming AGM will address several crucial matters, reflecting the company’s commitment to transparency and shareholder engagement. The agenda includes:
- Annual Report and Financial Statements: Shareholders will be presented with and asked to consider the Annual Report of the Board of Directors and the Financial Statements for the year ended March 31, 2026, alongside the Auditors’ Report thereon.
- Director Re-elections:
- Mr. C T Tsoi will retire by rotation in terms of Article 27 (8) of the Articles of Association and offers himself for re-election (Resolution 1).
- Mr. D M Weerasekare will also retire by rotation under Article 27 (8) and offers himself for re-election (Resolution 2).
- Re-appointment of Mr. E M M Boyagoda: A special ordinary resolution (Resolution 3) will be proposed for the re-appointment of Mr. E M M Boyagoda, who has reached the age of 75 years. The resolution seeks to affirm that the age limit referred to in Section 210 of the Companies Act No. 7 of 2007 shall not apply to him.
- Re-election of Mr. R Keragala: Mr. R Keragala, appointed as a Director subsequent to the last AGM, will be re-elected in terms of Article 27 (2) (Resolution 4).
- Auditor Re-appointment: Shareholders will vote on the re-appointment of Messrs. Ernst & Young, Chartered Accountants, as the Auditors of the Company until the conclusion of the next AGM. Directors will also be authorized to determine their remuneration (Resolution 5).
- Directors’ Authority for Donations: Authorization will be sought for the Directors to determine donations for charitable and other purposes for the year 2026/2027, in line with the Companies’ Donation Act [CAP147] (Resolution 6).
- Any other business for which due notice has been given will also be considered.
Shareholder Participation and Proxy Voting
Ambeon Holdings PLC emphasizes the importance of shareholder participation. Given the virtual nature of the meeting, shareholders entitled to attend and vote are encouraged to appoint a proxy to participate and vote on their behalf. A Form of Proxy is enclosed with the official notice for this purpose.
Importantly, a proxy need not be a shareholder of the Company. For shareholders unable to participate directly, the company encourages submitting a duly completed Form of Proxy, appointing either the Chairman or any other Board Member to represent them and cast votes.
This virtual AGM serves as a vital platform for Ambeon Holdings PLC to engage with its shareholders, present its performance, and seek approval on strategic governance matters that underpin its future trajectory.
Source: Read original document
