References to the above please note the following decisions taken in the Board of Directors meeting:

 

1)     The Board has approved the college financials and corporate governance report for the year ended 31 August 2017.

2)     The Board has approved the Chairman report and management report for the year ended 31 August 2017.

3)     The Board gave a recommendation to the AGM to approve the independent firm report on appraisal of the Board members and the Board as a whole for the year 2016/2017.

4)     The Board gave a recommendation to the AGM to approve 30% of paid –in capital cash dividend, which is 30 Baiza per share. 

5)     The Board gave a recommendation to the AGM to approve RO 38 287 board remuneration for the year ended 31 August 2016. 

6)     The Annual General Meeting will be on Wednesday 22^nd November 2017.

7)     The Board gave a recommendation to the AGM to appoint Grant Thornton for external audit for the year ended 31 August 2018.

8)     The Board gave a recommendation to the AGM to appoint Key Notes for appraisal of the Board members and the Board as a whole for the year 2017/2018.