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Jul 06th
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(000058) SHENZHEN SEG CO.,LTD At the 2007 General Meeting of Shareholders held on 9 May 2008, the following proposals were examined and approved:1. to supplement loans to Shenzhen SEG-Hitachi Color Display Device Corporation to the 2007 supplementary budget of the company 2. to supplement asset audit fees of Shenzhen SEG-Hitachi Color Display Device Corporation to the 2007 supplementary budget of the company 3. to supplement asset assessment fees of Shenzhen SEG-Hitachi Color Display Device Corporation to the 2007 supplementary budget of the company 4. the 2007 Working Report of the Board of Directors 5. the 2007 Working Report of the Board of Supervisors 6. to raise the level of the 2007 expenditure budget 7. the 2007 Final Accounting Report 8. the 2007 Budget Report 9. the 2007 Profit Distribution Scheme According to audited data provided by the accounting firm engaged by the company, the company's net profit in 2007 was RMB 27,137,924.01. Ten percent of net profit, or RMB 2,713,792.40, will be retained as surplus reserve. Together with undistributed profit RMB 9,048,724.89 at the beginning of 2007, a total of RMB 33,472,856.50 will be available for distribution to shareholders for 2007. The company plans to issue a cash dividend of RMB 0.25 (taxes included) for every 10 shares held on the basis of 784,799,010 total issued shares of the company as of 31 Dec 2007. The company does not plan to issue a stock dividend from the company's capital reserve and remaining undistributed profit will be reserved for distribution in the following year. 10. the 2007 Annual Report and its Abstract 11. to continue to engage Shu Lun Pan Certified Public Accountants as the company's auditor for 2008 and to pay an audit fee of RMB 450,000 12. to repeal temporarily rules for the management of special funds of the board of directors of the company 13. to revise certain items in the Articles of Association of the company Board of Directors 10 May 2008 Source: www.cninfo.com.cn Date: 10 May 2008 CN01/SW/BT/GB Newsnchina.com |
Sectors
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(600808) MAANSHAN IRON & STEEL CO.,LTD
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Banking & Finance
140% YOY Net Profit Increase Projected
(600000) SHANGHAI PUDONG DEVELOPMENT BANK CO.,LTD
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Technology
Cash and Stock Dividends to be Paid
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Real Estate
UBS Downgrades Company to 'Neutral' Rating
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