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Friday 11 August, 2000


Requisition of EGM PLC
11 August 2000 Plc ('The Company')

The Company announces that on 3rd August 2000 it received a notice from
Artisan (UK) Plc, which holds 51,325,000 ordinary shares in the Company
representing approximately 21.42% of its issued share capital, to requisition
an extraordinary general meeting ('EGM') of the Company to be held on or
before 21st September 2000.

The resolutions required by Artisan (UK) Plc to be proposed at the EGM are to
remove two of the Company's four directors, Siu Fai Ng and Phillip Brown, and
to appoint three persons nominated by them, Stephen Dean, Chris Musselle and
Norman Sanders as directors of the Company.

The Board of the Company will be sending a circular to shareholders shortly to
convene the EGM, as required by the requisition.  This circular will contain
the Board's detailed rejection of these proposals, together with the Board's
recommendation that shareholders should vote against the proposed resolutions.

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