Mar 17, 2017 (LBO) - Hatton National Bank has said that a scheduled Extra-Ordinary General Meeting (EGM) for March 27, will not be held.
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The EGM was called in order to adopt a resolution to appoint Dinesh Stephen Weerakkody as a director of the bank.
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"Hatton National Bank PLC (the “Bank”) on March 7, 2017, called for an Extra-Ordinary General Meeting (EGM) on 27th March 2017, pursuant to a requisition made under section 134 of the Companies Act No 7 of 2007, by the Distilleries Company of Sri Lanka PLC, Stassen Export Limited and Milford Export (Private) Limited (“the Requisitioning Shareholders”)," the bank said in a stock exchange filling.
"Subsequently, the bank has received a letter dated March 15, 2017 from the requisitioning shareholders, withdrawing the above-mentioned resolution."
Sri Lanka’s HNB cancels EGM to appoint new director
