JSC «Uzbekistan Railways» declares an essential fact No. 06
| 1. | ISSUER NAME | |||||||||
| Full: | Joint Stock Company “Uzbekistan Railways” | |||||||||
| Abridged: | JCS “Uzbekistan Railways” | |||||||||
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Name of the stock exchange ticker tape: |
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| 2. | CONTACT INFORMATION | |||||||||
| Location: | the Republic of Uzbekistan, Tashkent city, Mirabad district, st. T. Shevchenko 7 | |||||||||
| Postal address: | 100060 | |||||||||
| Electronic mail address: | info@uzrailway.uz | |||||||||
| Official website: | www.railway.uz | |||||||||
| 3. | ESSENTIAL FACT INFORMATION | |||||||||
| Essential fact number: | 06 | |||||||||
| Essential fact name: | The decision accepted by the supreme body of management of the issuer | |||||||||
| Type of general meeting: | Annual | |||||||||
| Date of carrying out of general meeting: | 16.10.2018 | |||||||||
| The date of drawing up the report of general meeting: | 16.10.2018 | |||||||||
| General meeting venue: | Tashkent city | |||||||||
| Quorum of general meeting: | 100% | |||||||||
| № | The questions put on voting: | Results of the voting | ||||||||
| for | against | abstentions | ||||||||
| % | quantity | % | quantity | % | quantity | |||||
| 1. | Hearing and approval of the report of the Board of JSC “Uzbekistan Railways” on the results of financial and economic activities, the implementation of the business plan of JSC “Uzbekistan Railways” for 2016 | 100 | 12 976 409 900 | |||||||
| 2. | Approval of the audit report on the results of the audit of the financial and economic activities of JSC “Uzbekistan Railways” for 2016 | 100 | 12 976 409 900 | |||||||
| 3. | Approval of the conclusion of the audit commission on the results of the audit on the basis of the financial and economic activities of JSC “Uzbekistan Railways” for 2016 | 12 976 409 900 | ||||||||
| 4. | Approval of the report of the internal audit service | 12 976 409 900 | ||||||||
| 5. |
Approval of the balance sheet and statement of financial results for 2016 |
12 976 409 900 | ||||||||
| 6. | Distribution of net profit of the company according to the results of activities for 2016 and 2017 | 12 976 409 900 | ||||||||
| 7. | About prolongation with members of the board of labor contracts for the next year. | 12 976 409 900 | ||||||||
| The full wording of decisions taken by the general meeting: | ||||||||||
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To approve the report of the first deputy chairman of the board of JSC “Uzbekistan Railways” on the results of the company's production and financial activities, the implementation of the business plan for 2016, recognizing the work of the company's board as satisfactory. Take into account and ensure the unconditional implementation of the decree of the President of the Republic of Uzbekistan dated January 23, 2017. No. 2737; - to continue the implementation of measures to reduce receivables and payables, including for structural enterprises, to ensure the unconditional implementation of the parameters of the Business Plan; - to ensure the unconditional implementation of the parameters of the Business Plan, preventing the implementation of expenses not covered by the Business Plan; - ensure compliance with the requirements for the holding of JSC “Uzbekistan Railways” and its subordinate enterprises for external audit and publication of financial statements in accordance with international auditing standards and international financial reporting standards; |
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| Approve the audit report of ODIL AUDIT LLC on the results of the financial and economic activities of JSC “Uzbekistan Railways” for 2016. | ||||||||||
| To approve the conclusion of the audit commission on the results of the audit on the results of the financial and economic activities of JSC “Uzbekistan Railways” for 2016. To entrust the First Deputy Chairman Sagdullaev F.F. in the future, for each concluded transaction, comply with the requirements of the Law of the Republic of Uzbekistan “On Joint Stock Companies and Protection of Shareholders' Rights”. | ||||||||||
| To approve the report of the internal audit service on the basis of the financial and economic activities of JSC “Uzbekistan Railways” for 2016 | ||||||||||
| Approve the balance sheet and statement of financial results for the year 2016. | ||||||||||
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To approve the distribution of net profit of JSC “Uzbekistan Railways” at the end of 2016 in the amount of 507.693 billion UZS, providing for: - to the reserve fund - 25.384 billion UZS or 5% - for dividend payment – 10.153 billion UZS or 2% further direction to the goals determined by the order of the Cabinet of Ministers of 02.10.2018; - on the timely execution of the Decree of the President of the Republic of Uzbekistan dated December 23, 2016 No. PP-2697 “On the Investment Program of the Republic of Uzbekistan for 2017” 472.308 billion UZS or 93%. Approve the procedure for the distribution of net profit of JSC “Uzbekistan Railways” at the end of 2017 in the amount of 974.038 billion UZS providing: - to the reserve fund - 48.7 billion UZS or 5% - for dividend payment - 19, 480 billion UZS or 2 % of further direction to the goals determined by the order of the Cabinet of Ministers of 02.10.2018; - on the timely execution of the Decree of the President of the Republic of Uzbekistan dated December 23, 2016 No. PP-2697 “On the investment program of the Republic of Uzbekistan for 2017” 905.85 billion UZS or 93%; |
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| Extend employment contracts for the next year with the chairman and board members JSC “Uzbekistan Railways”. | ||||||||||
Department of the Corporate Relationship Management
