Dispute Over New Director by Big Shareholder After some discussion at the 2ist! annual general meeting of the Sungala Rubber Estate, Ltd, held Tuesday, June) 2 Yuen ting Yuen Road, ik, A, Hillaly was elected a director of the company' as the result. of an amendment to a resolution that E, J, Cornfoot be re-elected a director. The amendment was proposed by: Mr. David and seconded by Mr.
Yui, the original resolution that Mr. Cornfoot be re-elected a director being proposed by Mr. Chang Nieh-yun and Seconded by Mr, 'T, Hunter, Dr. C, 'T. Kew presided at the meeting, being supported by Messrs. 'A, H, Mancell, Chang Nieh-yun, E, J. Comfoot and T. "Hunter, " 116938 shares were represented by the atiendance, out of @ total of 180,000 shares Issued, Addressing the meeting on the subject of the amendment, Mr. Hillaly ald that he had been a registered shareholder of the company for over ten years, and now had a substantial holding, The combined number of shares held by the partners. of hig firm was the largest holding on the Vist of shareholders, He felt that his interests, which were in this.caso Identical with those of the other had to be considered, this juncture, when Aisposal of the company. The considerable size of his holdings was the best guarantee he could give shareholders, and he therefore had no hesitation In requesting their support,
Text read from the printed page and cleaned; old type leaves the occasional error.