The Chairman said in parts—Since the ast report, the producing area has been increased By 40 eres and the non—producing area by 200 acres. During the our {ent year 150 nores which have been felled will be planted up. Ovr technical adviser reports the extensions are being maintained in ex-client order.
With' regard to estate matters, oot disease on Gunong Rabat aad Ganning is still rather troublesome and the mutter is having the €o% stant attention of the manager, Ah vacant spaces caused by the loss of frees through Toot disease have en either planted up already of prepared for planting "up. Tost Aacase. is fairly common on old Properties, more especially - where Jungle timber had not been removed until Into in the history of planting and the only remedy 8 to" remove the diseased tree and to isolate:
Before concluding, I would like to take this opportunity of expressing the board's appreciation to" Mr. Dawson, manager of Kota Bahroe, to Mr. Dean, manager of Ganong Rabat and Canning, to the Straits Jagents and visiting agents fur the 'zood care of our properties through out the year.
That is all I have to say, gentle: men, if any shareholder has any. questions to ask, T shall be pleased to answer to the best of my ability.
The Resolutions The following resolutions were duly passed:—That the report and accounts for the year ended June 30, 1927 as presented be accepted—proposed by Mr, C. R, Burkill and seconded by Mr. G. Int Bain, That the following recommenda. tion as to the appropriation of the balance at credit of profit and loss account as presented be accepted:—
Pay 0 final dividend of 18 Tle eel cents per share (make me & 22" cents ces, for ther yess). 5880000
Write off buildings and count 30,000.00 furniture 4503.41 Write' off plant and ma-
Write off but 12835 Write ff motor revie 132730 Write or "wells "and "water White off rubber factory and supply, those surrounding it and thix work being carried out, Now that Jabour is available, the manager is, warnings his attention to cleaning of the treey, removing broken branches removing. sick and useless trees, and putting the estate into good sanitary €ontition. The work ix somewhat. ovcrilue but unfortunately labour for it was not available unfit the early Part of this year. Estate matters on Kota Bahroe have been main tal ed in a very satisfactory manner and there ix nothing special for me te comment upon.
With regurd to the estates' standard productions, you will note from the report that while the standard production of Kota Bahroe Estate was increased by some 66,000 th,, the standards for Gunong Rabat and Canning were decreased by 8,818 Wb, and 29,575 Th, respectively. Thi was more or less explained to you the last annual meeting when it was pointed out that owing to root disease on Gunong Rabat and Inbour troubles on Cunning, neither estate!
6 allowance and the nts were accordingly As stated in the report, Canning Estate produced 114,000 I. which is 16,307 1b, more than stund-ard, but this overproduction was ventional in order that the maneyer may substantiate his claim for an Jnerease in the assessment for the next restriction year When an appee} for an increase will be ma "Aithouh the average selling price fof our rubber was Ohi por Th. Tess, four actual sale, due to the con siderably larger ¢rop and the higher verge rate of exchange theovshout the yenr, realised THs, 227.77 more than the previous year. With the expenditure incurred wating. the increased evop, which less remunerative Total Th, deaT42 propose by Mr, C, R, Burkill aod seconded by Mr. C. M. Bain.
Burkill ax a Diveetor of the Com pany be confirmed—proposed by Afr. ME. J. Clark and seconded by Mr. £,°B. de Senna.
That Mr. T.
Trueman be re-elected a Direct of the Company: proposed by Mr.
Text read from the printed page and cleaned; old type leaves the occasional error.