Notice is hereby given that the Thirty Sixth Annual General meeting of the Medical Aid Society of Malawi (MASM) will be held on December 11^th 2020 at 14:00 hours at Mzuzu Hotel in Mzuzu to transact the following business.

AGENDA

• To approve minutes of the Thirty Fifth Annual General meeting held on December 11^th 2019
• To receive and adopt the Chairman’s report for the year ended June 30^th, 2020.
• To receive and adopt the Annual Financial Statements and report of the Auditors for the year ended June 30^th 2020
• Election of office bearers.
  1. To elect a Director to represent the interests of Member Firms. Mr. J. Biziwick would be retiring at this Annual General Meeting.
  2. To elect a Director to represent the interests of Individual Members. Pastor Mrs. T. Masiku would be retiring at this Annual General Meeting.
     
     In accordance with the Constitution, nomination papers for the above positions should be delivered to the secretariat at least 7 clear days before the holding of the AGM. The papers need to be signed as follows: -
     
     1. in the case of a representative of member firms, by not less than three member firms; and
     2. in the case of an individual member, by not less than ten individual members.
• Directors fees for the ensuing year.
  1. Directors Fees
     
     Chairman
     
     K2,900,000 per annum (from K2,400,000) payable quarterly in arrears.
     
     Deputy Chairman
     
     K2,700,000 per annum (from K2,200,000) payable quarterly in arrears.
     
     Directors
     
     K2,300,000 per annum (from K1,900,000) payable quarterly in arrears.
     
     
• Sitting Allowance
  
  Chairman
  
  K170,000 per sitting from K135,000
  
  Directors
  
  K130,000 per sitting from K102,000

•  To appoint Auditors for the year ending June 30^th 2021 and authorize the directors to determine the auditor's remuneration.

• To transact such other business as may properly be brought before the meeting.

  A member entitled to attend and vote at the meeting is entitled to complete a proxy form. The proxy form needs to be deposited at the Secretariat office not less than forty-eight hours before the time for holding the meeting and in default the instrument of proxy shall not be treated as valid. Proxy forms may be obtained from the Board Secretary’s office.

  By Order of the Board,
  
  U. Katunga PhD, FCCA
  SECRETARY

• Please Note

  The 36th AGM pack will be available at the Annual General Meeting or requested via one of the following channels:

  Blantyre Offices	:	Telephone Numbers- 01 820 298/01 820 543.
  Lilongwe Offices	:	Telephone Numbers- 01 770 678/ 0999 859 706
  Mzuzu Offices	:	Telephone Number – 0999 957 523/01 311 376
  E-mail	:	management@masm.mw
  Website	:	www.masm.mw

Click here to Download the 36th Annual General Meeting Pack