[2008-08-14]  90 EXPRESSIVE YEARS! AGM & 90 YEARS CELEBRATION
2008 was a very “Big Year” indeed for Express Kenya, for the reason that 90 years of service were being celebrated in style during a glamorous and entertaining evening function! The 37TH AGM was conducted in the morning. Both events took place at The Grand Regency Hotel, Nairobi. It was declared by the Chairman Dr. Obura at the AGM that, the shareholders of Express Kenya Limited will receive a dividend of Kshs 0.50 per share held, there is an increase in dividends received in comparison to the previous year , this is a very clear indication of the company’s outstanding performance . A record breaking turn up of over 200 shareholders attended the AGM to receive the good news and listen to the Directors, on how the company plans to expand and improve the business for the next financial year. The shareholders made very positive remarks to the management as there has been continued steady growth over the last 5 years. In spite of continued challenges such as soaring fuel prices, deplorable state of roads, insecurity in our roads and increased competitiveness in the sector, the gross profit has still risen in the year 2007. The directors announced that several strategies will be implemented so as to increase profits of the business such as, relocating to a modern premises, setting up a sales and marketing team, investing in new machinery and equipment, increasing warehouse facilities, venture into public transport, and focusing on customer care, just to name a few! All Directors were re-elected unopposed to serve an extra term in office before the next AGM to be held in 2009.


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