Maldives Transport and Contracting Company Plc (MTCC) was incorporated on 18th December 1980 and takes pride in being the first public company in the Maldives. At present, the Company is the leading marine and land transport provider in addition to being the largest civil and marine constructor operating in the country.
A vacant seat remains at the Company’s Board of Directors allocated to represent the shareholders of the company from the general public. In the light of this, an announcement has been made opening applications for the post. Eligible candidates are instructed to email their application form and other relevant documents to companysecretary@mtcc.com.mv before 1600 hours, today.
Whilst there need to be two Directors on the Board representing the public shareholders, the 1st one was appointed this September on the Annual General Meeting for the year 2019.
The Company has published requirements all applicants must meet to attain the position. A Director will be elected at the Annual General Meeting for the year 2020 through voting amongst shareholders. Prior to voting, potential candidates will be selected from the applicants of which their details will be made available for all shareholders.
Currently the shareholding of MTCC are as follows; the Government of Maldives is the majority shareholder of the company holding 64.20% of the shares, the General Public holds 31,15% of the shares whereas Maldives National Shipping Limited (MNSL) owns 4.65% shares.
If you are interested in applying for the position, you may find all the details with respect to vacancy at this link. Hurry your applications, the deadline is not far from sight!