January 16, 2015

Publican Alumni Trust holds its 6th Annual General Meeting

The Publican Alumni Trust held its 6th Annual General meeting on Friday, January 16, 2015 at 7:00 pm at the Services Mess, Karachi. The agenda of the meeting was as follows:

Tilawat-e-Quran
Confirmation of Minutes of 5th Annual General Meeting held on December 21, 2013
Address by Chairman
Report by Secretary
Approval of the Audited Financial Reports for the Year ended June 30, 2014
Appointment of the Auditors for the Year ending June 30, 2015
Any other points with the permission of the Chair

The Annual General Meeting started with Tilawat-e-Quran. After that the Minutes of the 5th Annual General Meeting held on December 21, 2013 were put up for confirmation. The minutes were confirmed by the general body meeting.

In his address, Admiral (Retired) Shahid Karimullah welcomed Members of the Publican Alumni Trust to the meeting and thanked them for their support. He said that the major activity undertaken during 2014 was the School Project. He said that while a significant amount had been raised, there was still a shortfall of approximately 3.0 millioin which needs to be met. He urges all Publicans to come forward and contribute to the project.

Later, Khalid Zaki, Secretary, Publican Alumni Trust, briefed the members on the details of the School Project. He spoke in detail about the visits made to the school property and the negotiations that were held with the existing owners.

Khalid Zaki also informed the members that during 2014 the Board of Trustees held 8 meetings.

After the Report, the Audited Financial Reports for the Year ended June 30, 2014 were put up for the approval of the members. The Audited Financial Reports were duly approved by the general body meeting.

Finally, the matter of appointment of Auditors for the fiscal year 2014-2015 was raised. The current auditors, M/s Kreston, Hyder, Bhimjee & Company being eligible had offered to continue as the auditors. The members approved their appointment for the fiscal year 2014-2015 and authorized the Board of Trustees to fix their renumerations.

There being no other items for discussion, the Chairman thanked the members for their participation and closed the meeting.