<p class="wp-block-paragraph">Logistics
Company, Red Star Express Plc has disclosed that its 26th Annual General
Meeting (AGM) will be held on August 8th 2019, at the MUSON Centre, Onikan,
Lagos.</p>



<p class="wp-block-paragraph">Announcing
the AGM, the Group Managing Director, Mr Olusola Obabori, revealed that he is
hopeful that this year’s AGM will turn out well with profit as the case has
been in preceding years. ;</p>



<p class="wp-block-paragraph">“Last
year, Group turnover rose from N7.3 billion in 2017 to N8.41 billion in 2018;
similarly, it rose from N6.6 in 2016 billion to N7.3billion in 2017. We have
always done better than our the preceding years. We are however hopeful that
this year, we will record a higher turnover than last year. Red Star Express is
committed to wealth for shareholders, and appreciates their support at all
times. We look forward to a well-organized and successful AGM”. ;</p>



<p class="wp-block-paragraph"> ;According
to Olufemi Oluwole, Red Star Express Corporate Communications Manager, “Red
Star is committed to providing value added logistics solutions that will be
secure, prompt and effective. Over the years, we have put in much effort to
render quality services to our customers, and at the end the year too, we try to
appreciate our stakeholders. This year is not an exception. We are officially
announcing to the public, most especially our stakeholders that the company’s
AGM will be coming up on August 8th, 2019, and that Shareholders should update
their records with the Registrar.</p>



<p class="wp-block-paragraph"> ;
“Also, in accordance with section 359(5) of the Companies and Allied Matters
Act, CAP 20 LFN 220, members can nominate another shareholder as a member of
the Audit Committee, by giving notice in writing to such nomination to the
Company Secretary at least 21 days before the Annual General Meeting. ;</p>



<p class="wp-block-paragraph">Also,
some dividend warrants have remained unclaimed or are yet to be presented for
payment or re-validation, and such affected shareholders are to contact the
Registrar too”. ; ;</p>



<p class="wp-block-paragraph">Already,
shareholders have been requested to update their records with the Registrars to
ensure accuracy before dividends are declared. ; ;</p>



<p class="wp-block-paragraph">The
AGM is expected to handle issues such as presentation of Audited Financial
Statement for the year ended March 31st 2019, reports of the Directors,
Auditors, and Audit Committee, declare dividend, and Elect members of the Audit
Committee, amongst others</p>



<p class="wp-block-paragraph">Red
Star Freight is a subsidiary of Red Star Express. Red Star Express Plc is a
Licensee of Federal Express (FedEx) Corporation, the world’s largest delivery
solutions provider. </p>



<p class="wp-block-paragraph">The
company has over 166 offices nationwide. ;  ;  ;  ;  ;
 ;  ;  ;  ; ;</p>



<p class="wp-block-paragraph"></p>



<p class="wp-block-paragraph"> ;  ;  ;  ;  ;  ;  ;  ;  ; ;</p>



<p class="wp-block-paragraph"></p>

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