The Archive · 1922

COMPANY MEETINGS

TWO LOCAL RUBBER COMPANIES

Kota Bahroe and Kamunting:

Liquidator's Report on Winding up Suatutory meetings in connexion with the winding up of the hata Bahroe and the haunting (1D Kedah) kiubber estates were held on thursday afternoon at the offices of Messrs. A. K, Burkill & Sons. The proceedings were purely form-} al, consisting of the reading of the following reports concerning the two companies by the liquida-for (Mr. J. ¥. ©. Davis)

Kamunting (in Kedah) Rubber Plantation No., Ld.

in accordance with Section 187 of the Companies Urdinance Hongkong, it is necessary for me to call a meeting of shareholders to lay before them an account of my acts and dealings and the conduct of the winding up during the preceding year.

here is practically nothing for me to tell you. Of the 226,686 shares to be issued in exchange for tthe old shares, 1 have issued 209,892 shares and in accordance with the sanction of the directors of the new company, have received from the new company the balance of 16,794 shares in my own name as liquidator to be issued to the shareholders in the old company as and when applied for in exchange for the old company's share certificates. These 16,784 shares have presumably changed hands (without any transfer being registered) and it is impossible to ascertain the present holders.

There are no accounts to be submitted as all liabilities of the old company were defrayed, as per agreement, by the new company. The assets were also taken over by the new company and therefore no actual property has come into my possession.

That is all T have to say, gentlemen. If any shareholder has any questions to ask,, I shall be glad to answer them to the best of my ability.

Kota Bahroe Rubber states, Ld. In accordance with Section"187 of the Companies Ordinance Hongkong, it is necessary for me to call a meeting of shareholders to lay before them an account of my acts and dealings and the conduct of the winding up during the preceding year.

There is practically nothing for me to tell you. Of the 390,000 shares to be issued in exchange for the old shares, I have ~ssued 358,220 shares and in accordance with the sanction of the directors of the new company, I have received from the new company the balance of, 31,680 shares in my own name as liquidator to be issued to the shareholders in the old company as and when applied for in exchange for the old company's share certificates. These 31,680

Text read from the printed page and cleaned; old type leaves the occasional error.

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