Beacon Pharmaceuticals Ltd------- Prospectus

Light for Life
BEACON
g) The instrument appointing proxy shall be in writing under the hand of the appointer or of his attorney duly
authorized in writing or if such appointer is a corporate body under its common seal under the hand of its Attorney. A
proxy who is appointed for specified meeting only shall be called a special proxy. Any other proxy shall be called a
General proxy.
h) A vote given in accordance with the terms of an instrument appointing a proxy shall be valid notwithstanding the
death or insanity of the principal or revocation of the instrument of transfer of the share in respect of which the vote is
given provided no intimation in writing of the death, insanity, revocation or transfer of the share shall have been
received at the office before the meeting. Provided nevertheless that the Chairman of any meeting shall be entitled to
require such evidence as he may in his discretion think fit of the due execution of an instrument of proxy and that the
same has not been revoked.
i) Every instrument appointing a Special Proxy shall, as nearly as circumstances will admit, be in the form or to the
effect following and shall be retained by the Company.
j) No member shall be entitled to be present or to vote on question either personally or otherwise in the capacity or
attorney, representative or proxy at any General Meeting or upon a pool or be reckoned in a quorum whilst any call or
other sums shall be due and payable to the Company in respect of any of the shares of such member.
Conversion & Liquidation Right
The company is issuing ordinary shares through this prospectus with the consent of the SEC. Company in its General
Meeting may convert any fully paid up shares into stock and reconvert such stock into paid up shares of any
denomination if it is so determined by the company.
Dividend policy:
a) Subject to the rights of members entitled to shares if any with preferential or special rights attached thereto as to
dividends and subject to the provisions of these presents as to the reserve fund and depreciation fund the net profits
of the Company in respect of any year or other period shall be applied in the payment of dividend on the ordinary
shares of the Company but so that a partly paid up share only entitles the holder with respect thereto to such
proportion of the Distribution upon a fully paid up share as the amount paid thereon bears to the nominal amount of
each share.
b) The Company in general meeting may declare a dividend to be paid to the members according to their rights and
interests in the profits and may fit the time for payment.
c) The declaration of the Directors as to the amount of net profits of the Company shall be conclusive.
d) There is no limitation on the payment of dividend to the shareholders.
Other Rights of Stock Holders
The shareholders shall have the right to receive all periodical reports and statements audited as well as un audited
published by the company from time to time. The Directors shall present the financial statements as required under
the law and International Accounting Standards. Financial Statements will be prepared in accordance with Accounting
Standards, consistently applied throughout the subsequent periods and present with the objective of providing
maximum disclosure as per law and International Accounting Standard to the shareholders regarding the Financial and
operational position of the Company.
In Case of any declaration of Stock dividend by issue of bonus shares, all shareholders shall be entitled to it in
proportion to their shareholdings on the date of book closure for the purpose. The shareholders holding not less than
10% of the issued / fully paid up capital of the company shall have the right to requisition Extra-Ordinary General
Meeting of the Company as provided under Section 84 of the Companies Act, 1994.
37
PROSPECTUS