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IDT International Limited Proxy Solicitation & Information Statement 2007

Aug 31, 2007

49001_rns_2007-08-31_1bc84bf5-1f4c-4605-a02e-40db60f5d852.pdf

Proxy Solicitation & Information Statement

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ASIA COMMERCIAL HOLDINGS LIMITED

冠亞商業集團有限公司*

(Incorporated in Bermuda with limited liability)

(Stock Code: 104)

Proxy Form for use at the Annual General Meeting

to be held at Lily Room, 3rd Floor, Ramada Hong Kong Hotel, 308 Des Voeux Road West, Hong Kong on Friday, 28th September 2007 at 10:30 a.m.

(and at any adjournment thereof)

I/We (note 1)

of

being the registered holder(s) of (note 2) ___________________________ ordinary shares of HK$0.10 each in the capital of

ASIA COMMERCIAL HOLDINGS LIMITED ("the Company") hereby appoint (note 3)

of

or failing him, ___________________________ of ___________________________

or failing him, ___________________________ of ___________________________

or failing him, the Chairman of the meeting to act as my/our proxy to attend and, in the event of a poll, vote for me/us at the Annual General Meeting (or at any adjournment thereof) of the Company to be held at Lily Room, 3rd Floor, Ramada Hong Kong Hotel, 308 Des Voeux Road West, Hong Kong on Friday, 28th September 2007 at 10:30 a.m. (and at any adjournment thereof) as directed below or, if no such indication is given, as my/our proxy thinks fit.

Resolutions For (Note 4) Against (Note 4)
1. To receive and consider the audited financial statements, the reports of the directors and the report of auditors for the year ended 31st March 2007.
2. (a) To re-elect Mr. Eav Yin, as a Director.
(b) To re-elect Mr. Eav Ming Keong, Kinson as a Director.
(c) To re-elect Mr. Au Shiu Leung, Alex as a Director.
(d) To re-elect Mr. Lai Si Ming as a Director.
(e) To re-elect Ms. Wong Wing Yue, Rosaline as a Director.
(f) To re-elect Mr. Lee Tat Cheung, Vincent as a Director.
(g) To authorise the board of directors to fix the remuneration of directors.
3. To re-appoint auditors and to authorise the Board of Directors to fix their remuneration.
4. Ordinary Resolution No.4 of the Notice of Annual General Meeting (To give a general mandate to the Directors to repurchase shares of the Company not exceeding 10 per cent. of the issued share capital of the Company).
5. Ordinary Resolution No.5 of the Notice of Annual General Meeting (To give a general mandate to the Directors to allot and issue shares of the Company not exceeding 20 per cent. of the issued share capital of the Company).
6. Ordinary Resolution No.6 of the Notice of Annual General Meeting (To extend the general mandate to be given to the Directors to issue shares by addition of an amount not exceeding the amount of shares repurchased by the Company).

Dated _______________ September 2007

Shareholder's signature (note 5)

Notes:

  1. Full name(s) and address(es) to be inserted in BLOCK CAPITALS. The name of all joint holders should be stated.
  2. Please insert the number of shares of HK$0.10 each of the Company registered in your name(s); if no number is inserted, this proxy form will be deemed to relate to all the shares in the capital of the Company registered in your name(s).
  3. Please insert the name and address of the proxy desired in BLOCK CAPITALS. IF NO NAME IS INSERTED, THE CHAIRMAN OF THE MEETING WILL ACT AS YOUR PROXY.
  4. IMPORTANT: IF YOU WISH TO VOTE FOR A RESOLUTION, PLEASE PLACE A “√” IN THE RELEVANT BOX MARKED “FOR”, IF YOU WISH TO VOTE AGAINST A RESOLUTION, PLEASE PLACE A “√” IN THE RELEVANT BOX MARKED “AGAINST”. Failure to complete the boxes will entitle your proxy to abstain or cast his vote at his discretion. Your proxy will also be entitled to abstain or vote at his discretion on any resolution properly put to the meeting other than those referred to in the notice convening the meeting.
  5. This proxy form must be signed by you or your attorney duly authorised in writing or, in the case of a corporation, this proxy form must be under its common seal or under the hand of an officer or attorney duly authorised.
  6. If more than one of the joint holders be present at the meeting personally or by proxy, that one of the said persons whose name stands first on the register of members in respect of the relevant shares will alone be entitled to vote in respect of them.
  7. To be valid, this proxy form together with any power of attorney or other authority (if any) under which it is signed or notarially certified copy of such power or authority must be deposited at the Company's branch share registrars, Tricor Secretaries Limited of 26th Floor, Tesbury Centre, 28 Queen's Road East, Wanchai, Hong Kong not less than 48 hours before the time for holding the meeting or any adjournment thereof.
  8. A shareholder entitled to attend and vote at the meeting is entitled to appoint one or more proxies to attend and vote instead of him. A proxy need not be a shareholder of the Company.
  9. Completion and delivery of this proxy form shall not preclude from attending and voting in person if you so wish.
  10. Any alterations made in this form should be initialled by the person who signs it.
  • For identification purposes only