NOTICE OF ANNUAL GENERAL MEMBERSHIP ASSEMBLY

Notice is hereby given to all members of the Benguet Electric Cooperative, Inc. (BENECO) that the 40th Annual General Membership Assembly (AGMA) will be held on OCTOBER 2, 2021 (Saturday) at 9:00 am onwards.

The AGMA will be done VIRTUALLY via ZOOM with the following link for pre-registration:

http://register.beneco.com.ph

ORDER OF BUSINESS

I.             Report on the number of members present to determine existence of quorum

II.            Reading of a notice of meeting and proof of publication or mailing thereof

III.           Reading and approval of the minutes of the previous general membership assembly

IV.          Matters arising from the minutes of previous general membership meeting

V.            BUSINESS PROPER

a.            Presentation and consideration of the BOD President and General Manager’s Report

VI.          NEW BUSINESS:

a.            Ratification of Articles of Cooperation and By-Laws

b.            Approval of the Collection of Share Contribution

c.             Ratification of BOD Resolution Nos. 2020-90, 2020-165, 2020-190, 2021-87and 2021-151 (Letter from MCOs dated September 15, 2021)

d.            Proposed amendment to Section 10, Article IV on Voting (Proponent: Engr. Claudio Calugan, District 5)

e.            Resolution for Disciplinary Action against Four Board of Directors of BENECO ( Lawyers)

VII.         OTHER MATTERS

VIII.        ADJOURNMENT

    The Board of Directors