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Amendment to Company Name PDF Print E-mail

CIRCULAR TO PRESS CORPORATION LIMITED SHAREHOLDERS ON AMENDMENT TO COMPANY NAME BY ADDING THE WORDS “PLC” AT THE END OF THE NAME ‘PRESS CORPORATION’

(Section 48 of Companies Act 2013)

Shareholders of Press Corporation Limited (”the Company') are hereby advised of the following:

1 THAT Section 48 of the Companies Act 2013 provides that the name of a public limited liability company shall end with the words ‘public limited liability' or ‘Plc'.

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Notice: Change Of Location PDF Print E-mail

We moved from Chayamba to NBM Top Mandala  House (formerly Inde Bank House), along kaoshiung Road Blantyre

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Trading Statement in Respect of the Year Ending 31 December, 2016 Print E-mail

In terms of the Listings Requirements of the Malawi Stock Exchange Limited, a listed company is required to publish a trading statement as soon as there is a reasonable degree of certainty that the financial results for the period to be reported upon next will differ by at least 20% from that of the previous corresponding period.

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Press Group in World AIDS Day Commemoration PDF Print E-mail

Today, we commemorate World AIDS Day and stand in solidarity with the 78 million people who have become infected with HIV and remember the 35 million who have died from AIDS-related illnesses since the first cases of HIV were reported. The theme for this year’s World Aids day is ‘Hands Up for HIV Prevention’.

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Appointment of Dr George Partridge as Group Chief Executive Print E-mail

CEO PatridgePRESS CORPORATION LIMITED (PCL) is pleased to announce the appointment of Dr George Partridge as the new Group Chief Executive. The appointment of Dr Partridge follows a rigorous and transparent recruitment process that commenced in January, 2016 and has spanned over a period of six (6) months.

The Board embarked on a recruitment drive for a new Group Chief Executive in mid-2015 in light of the impending retirement of Dr Mathews Chikaonda in December 2016. To ensure objectivity and transparency, an independent audit firm, KPMG Advisory Services Limited (KPMG), was hired to handle the recruitment process, including the initial short-listing of qualified candidates; arranging for interviews and interfacing with the candidates. Notwithstanding the existence of a succession plan that the Board had endorsed, the process was open to internal as well as external candidates to the Group. The Interview Panel consisted of members of the Board’s Appointments and Remuneration Committee and representatives of KPMG.  The Panel’s recommendation of the top three (3) candidates in rank order was deliberated upon and approved by the Board at its Special Meeting held on 17th May 2016. The Board expresses its gratitude to members of the Appointments and Remuneration Committee as well as the Partners at KPMG for their meticulous efforts in ensuring that the process was conducted in the most professional, efficient and confidential manner.

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