The Archive · 1936

KEDAH PLANTATIONS, LTD

Replanting Scheme Drawn Up:

Smaller Output this Year A camoroanie pegeeo geriieuadea, "at ie "Steg Wait ste al sod Iie Er pate tse ott aa el grt eke copy hello, Dei Media ing out te Were me ele es a Catteni nega els sere tar Soa Tei Renday ret a seeee ie ces telge by" werd lat ae TaBais Catena matter of very great importance to the company and like myself 1 am sure there are others who feel that they have not had much time to read would like to suggest that we have a little more tim Mr, Hayim seconded Mr. Kadoorie in hig proposal for an adjournment and the resolution was carried un~

Satchel gies 9 preci Sia ad ott ant Sous Salata a Lee paar Ete base a's Bye nang ne cee Successful Often Sin set Ss ula The Chairman, on resumption on December 11, said:—"Offer B is for a free option until February 28, 1097, and the right, after preliminary examination, to a further option of six months on. payment of our ex-enses of 15,000 per month. "At. any time during this period, "this party has the right to Wake up or to surrender the option. Should the prospective buyers desire to prove to 10,000,000 cubic yd, they have the right to extend the option for a further period not exceeding six months, it being understood that all current expenses shall be for their account. Phe agreement which has been signed on your behalf with this party requires condrmation by the company on oF before the 15th inst, and It is for that reason this meet ing has been called at such short. notice.

"As you are aware, it is necessary {fo form a company registered in the Netherlands East Indies to hold the rights, as a subsidiary of a holding' company, Which this" party "under takes 10 organize In Hongkong, the capital of which will be £222,500. fof which our company will be allotted. '£100,000 in shares. This holding company will be formed in Hongkong. immediately the option is exercised, "This party undertakes to buy £20,000 Of these shares held by us at par, within ten days of their issue, but the balance of £70,000 shares shall be held by the Langkat Company, and cannot be disposed of for one your after the formation of tthe Hongkong company."

"After the resolution had been "put to" the meeting, Mr. L. Soyka suid that, as the ames" of the people behind the scheme, and their financial standing, " were not known, the responsibility remained with the directors. The dir actors had stated at the previous meeting that they could not obtain a 1 ares In camaon with ata ara ana a ies Sette aes seaseann ey free Sater fending' eho Seat eer aeon atti lat Stank ale Zone Semect cine tain net 8 Pa ame and 2 Riverside soe: Rg Pat 3 a 8 cee brit ws ree nie attri tom eats Tapia ake" poe Paten pads of ale cel cee at tas che Par mre esi sao vall Sroiag trope" hi inten Beet Bat nel Sse contig tra nae cere e a ctet Ito ieistice tie malta Besa hat ate Sethi Bing wae Ste ton ood a moval rath ie set eid eet ewe vas Th na opal Yes Tr ates against 717.680. 1b. in 1935." With the smaller output the actual (ure_on rubber production 'STASLAB less than Tast_ year. G" The increased cost in local currency Radoorie is ne, of course, to exchange, consider wwe have no cause for com-

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

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