The frst statutory meeting, followed by the first ordinary general meeting, of shareholders. of Metal Industries of China, Ltd, wa held on June 24 at the registered office, 2 French Bund. Mr. Ellis Hayim, chairman, was supported by Messrs. 0. G. Steen and V. K. Song, directors, and Mr. W. J. Hawkings, representing the secretaries. The total number of shares. represented was 170345 In both cases.
The chairman sald:—The statutory meeting of your company is held in accordance with the Hongkong, Ordinances which provide that at the commencement "of the meeting a lst of the shareholders showing the number of shares held, be produced and remain accessible to any member during the continuance "of the meeting If any shareholder wishes to examine it, he may do 30, The Ordinances further state that members shall be at Hberty to discuss any matter relating to the formation the Company or arising out of the Statutory Report, and if members wish task question Tshall be pleased to answer them to the best of my ability.
No questions wore asked.
The adoption of the statutory report and accounts,, proposed by the chairman and seconded by Mr. 0. G. Steen, having been passed, the chalr-
On This meeting is: merely a formal tone, and is held to comply with the meeting of shareholders must be held once in each calendar year, Our first financial year will December 81, 1997, and so there is no ordinary business' such as accounts and s0 on to be brought before you, fand this accords with our Articles of
Text read from the printed page and cleaned; old type leaves the occasional error.