Page 81 - Pakistan Oilfield Limited - Annual Report 2022
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Annual Report 2022
and completeness of books of been designated to ensure
account and timely preparation that grievances/ complaints Internal financial
of reliable financial information. of the investors are heard controls are
Internal financial controls are and redressed, in a quick and
periodically reviewed to ensure efficient manner. periodically reviewed
that these remain effective to ensure that these
and are updated with changing Mechanism of lodging any
laws, regulations and/or complaint/issues is detailed remain effective
accounting standards. on the website of the
Company. Designated contact
Related Party numbers and email address Interest of small
Transactions of the Company / Regulator is
disseminated among investor investors and minority
All transactions with related through company broadcasts. shareholders is of
parties are reviewed by In order to promote investor
the Audit Committee and relations and facilitate access prime importance to
recommended to the Board to the Company for grievance, the Company
for approval on quarterly basis an ‘Investors’ Relations’ section
fulfilling the requirements of is also maintained on POL’s
section 208 of the Companies website www.pakoil.com.pk
Act, 2017.
Access of
Issues Raised at Last
AGM Shareholders to
Company’s Website
Apart from general
clarifications requested All our shareholders and general
by the shareholders about public can visit the Company’s
the Company’s financial website “www.pakoil.com.
performance and published pk” which has dedicated
financial statements during the section for investors containing
70th Annual General Meeting information related to annual,
held on September 22, 2021, no half yearly and quarterly
other issue was raised. financial statements and to
have a glance on shareholders’
Addressing Investors related information.
Grievances Share Price Sensitivity
The interest of small investors The Company disseminates all
and minority shareholders is material and price sensitive
of prime importance to the information to Pakistan Stock
Company. In order to keep a Exchange (PSX) through
vigilant eye and to provide a Pakistan Unified Corporate
platform to the investors for Action Reporting System
voicing their concerns, a team (PUCARS).
under corporate section has
