Lion Insurance Company (S.C.) Conducted its 7th Annual General Meeting of Shareholders
Lion Insurance Company S.C.English press release reporting the company's annual general meeting of shareholders held on Saturday, 22 November 2014 at the Capital Hotel, Addis Ababa, at which the board's and external auditor's reports for the year ended 30 June 2014 were presented. The release states that the company achieved a profit before tax of Birr 20.3 million, 2% below budget and 25% above the same period the previous year, and that paid-up capital grew by 89%. It also records the acquisition of two buildings under construction for Birr 54.0 million, four new branches and one contact office, and Ama-Hai Chartered Certified Accountants & Auditors as external auditor. The headline calls the meeting the 7th annual general meeting while the opening paragraph calls it the 5th ordinary annual general meeting and refers to share transfers since the 6th AGM; the numbering in the body appears to be an error. The document carries no issue date; the published date recorded is the PDF creation date of 16 January 2015. The file is no longer served from the company's current website and was recovered from the Internet Archive capture of the original URL http://anbessainsurance.com/images/Downloads/LIC_GeneralShareHolders_Meeting.pdf.
- Institution
- Lion Insurance Company S.C.
- Type
- press-release
- Fiscal year
- 2006EC
- Published
- Language
- English
- Pages
- 2
- File size
- 168 KB
- Source checked