The Archive · 1941

Investments

The accounts are very straightforward, and T believe, there is noth ug. that requires explanation, Our investments "continue to yield good. learnings, Raw Colton Traders Ltd, Hhad an exceptionally good year. Th Sing Foo Dyeing Works have an-Jrounced a dividend of 33 per cent., fandUhe Sing Yih Machine Works 3 Jdividend of 24 per cent., which will be. pata shortly, and will appear in 1941 accounts, 1 shall now propose the main re-elution, but before doing so, would enquire' if any shareholder wishes to ask any questions, eerie ttt Sen Cee rier ar dec eager ie ance This resolution Is seconded by Mr.

Hordes." Ait hose in favour. Those against. "Carried unanimously.

The next hem on the agenda Finally, there Is the re-election of the Sowa then proposed hat ess Thomson & Company be fleet ted auditors for the ensuing Year, [Sremuneration to be acolded by the Siectors. This Was seconded, by Koo and carried unanimously."

Mr, T, ¥. Lo on behalf of the shareholders' proposed a vole of] [thanks to the Directors and the stall {for their careful management and Jdirection during a dimeult year, This was seconded by Mr. H, F. Lin fond carried unanimously, 'The amount available for sppropriation was $1,075,41121 and the meeting approved the directors'.

Jcommendations for dealing with this Transfer [sum as follows:—

"440.00 ordinary shores of pay a Gad dividend on

$85 per shares by réanater Company Dividends

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

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