DRAFTS

 

 

 

 

 

 

1.      Election of a new JSC “Grobiņa” Council

 

 

As proposals regarding the candidates for the JSC “Grobiņa” Council have not been received until now, the JSC “Grobiņa” Council members will be nominated and approved during the extraordinary shareholders’ meeting.   

 

 

As proposals regarding the new auditor of the JSC “Grobiņa” have not been received until now, the auditor candidate for the JSC “Grobiņa” will be nominated and approved during the extraordinary shareholders’ meeting.

 

 

 

1.                           To amend the JSC „Grobiņa” Statute, Articles 1, 2, 3, 4, 5 using the following new wording, as well as to supplement the JSC „Grobiņa” Statute with Article 6 in the following new wording: 

 

1.1.           The Company’s firm is the JSC „Grobiņa”.

1.2.           The Company was established as a result of privatization of the state farm “Grobiņa” in compliance with the Cabinet Instruction No. 264 „On Handing Over Of State Property Objects To Privatization” of 5 July 1996 and in compliance with the privatization rules of the state farm “Grobiņa” approved by the Resolution No.191/2300 passed by the Board of the state owned joint stock company „Privatization Agency” on 12 December 1996, by transforming the state company into a statute company and concurrently selling this company’s shares. 

 

2.1.The Company performs the following business activities:

01.49. Breeding of other animals.

 

 

3.1. The Company shareholders’ equity is 500 000 LVL.

3.2. The Company shareholders’ equity is divided into 500 000 common registered shares.

3.3. The nominal value of one share is 1 LVL.

 

4.      Shareholders’ meeting

 

            4.1. The shareholders’ meeting shall have the right to pass decisions provided at least one half of the shareholders’ equity is represented at the shareholders’ meeting.

 

            5.1. The Company has the Council comprising of five members.

 

            6.1. The Company Board consists of three Board members.

            6.2. Each Board member has the right to represent the Company solely.

            6.3. The Board can decide on the following issues only upon receipt of the Council’s consent:

            6.3.1. acquisition, increase or reduction of interest in other companies;

            6.3.2. acquisition or alienation of the company.

            6.3.3. acquisition, alienation of real property or encumbering of real property with rights in things provided the transaction amount exceeds 50 000 LVL;

            6.3.4. establishment or liquidation of affiliates and representations;

            6.3.5. granting such loans that are not related to the Company’s everyday business activities;.

            6.3.6. giving credits to the Company’s employees;

            6.3.7. starting new business activities and termination of the existing business activities;

            6.3.8. establishment of general operation principles.”

 

 

2. To approve the new version of the JSC „Grobiņa” Statute.

4. Report of the joint-stock company’s Council on the activities performed and the measures taken to minimize and eliminate the JSC “Grobiņa” operations with loss.

 

 

1.  To take notice of the report of the joint stock company’s Council on the activities performed and the measures taken to minimize and eliminate the JSC “Grobiņa” operations with loss.

5. Report of the joint-stock company’s Board on the activities performed   and the measures taken to minimize and to eliminate the JSC “Grobiņa” operations with loss. Detailed discussions and approval of JSC “Grobiņa” budget for the year 2010.

 

 

1.      To take notice of  the report of the joint stock company’s Council on the activities performed and the measures taken to minimize and eliminate the JSC “Grobiņa” operations with loss.

2.      To approve the JSC “Grobiņa” budget for the year 2010.

 

 

 

 

 

 

 

1. To take notice ofthe information on the work performed by the Auditing Commissionof theJSC “Grobiņa”.