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Shareholders call for probe into ZCCM-IH

MessagePosté: Jeu 15 Aoû 2013 11:41
de alb476
This letter was sent by 70 independent shareholders of ZCCM-IH to the Securities and Exchange Commission of Zambia calling for an investigation into the activities of the Direction of ZCCM-IH for misconduct in the execution of their duties.


Re: Shareholders call for probe into ZCCM-IH

MessagePosté: Jeu 15 Aoû 2013 11:56
de phili675
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Re: Shareholders call for probe into ZCCM-IH

MessagePosté: Jeu 22 Aoû 2013 11:42
de alb476
Réponse de la SEC ...

Dear Dr Albert Wright,

We acknowledge receipt of your letter dated 13 August 2013.

Please be advised that there is already an ongoing process where the SEC has engaged with ZCCM-IH on a number of issues, including those raised by the Minority Shareholders. Suffice to mention that at the time of receiving your letter, SEC had already requested ZCCM-IH to submit a report on the status of the progress made on the various issues raised, which report should be submitted by the end of August 2013.

Given the foregoing, we find it reasonable that we consider the said report before deciding on the best way forward in addressing the issues you have raised. Moreover, our initial view is that meeting both parties together would be helpful and as such we trust such a meeting can be facilitated to coincide with the company’s upcoming Annual General Meeting. We envisage contacting you and your colleagues on or before the 13th September 2013.

Kind regards

|Mutumboi Mundia | Director - Market Supervision & Development |Securities & Exchange Commission | Plot # 3827 |Parliament Road, Olympia|P. O. Box 35165 Lusaka | ' Office: +260 211

Re: Shareholders call for probe into ZCCM-IH

MessagePosté: Jeu 22 Aoû 2013 11:43
de alb476
et notre réponse ...

Reply SEC_ZCCM-IH 21_08_13.pdf
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