BRILLIANCE CHINA AUTOMOTIVE HOLDINGS LIMITED ANNOUNCES NOTICE OF ANNUAL GENERAL MEETING
28 April 2007 - 12:01AM
PR Newswire (US)
HONG KONG, April 27 /Xinhua-PRNewswire-FirstCall/ -- Brilliance
China Automotive Holdings (NYSE: CBA; HKEX: 1114) Limited announces
its Notice of Annual General Meeting. BRILLIANCE CHINA AUTOMOTIVE
HOLDINGS LIMITED (Incorporated in Bermuda with limited liability)
(Stock Code: 1114) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS
HEREBY GIVEN that an annual general meeting of Brilliance China
Automotive Holdings Limited (the "Company") will be held at
Gloucester Room, 2nd Floor, Mandarin Oriental Hong Kong, 5
Connaught Road Central, Hong Kong on Friday, 22nd June, 2007 at
9:00 a.m. for the following purposes: 1. To receive and consider
the audited consolidated financial statements and the reports of
directors and auditors of the Company for the year ended 31st
December, 2006; 2. To re-elect directors of the Company and to
authorise the board of directors to fix the remuneration of the
directors; 3. To authorise the board of directors to appoint
auditors and to fix their remuneration; 4. As special business, to
consider and, if thought fit, pass, with or without modification,
the following resolutions as ordinary resolutions: (A) 'THAT: (a)
subject to paragraph (c) of this resolution, the exercise by the
directors of the Company during the Relevant Period (as defined
below) of all powers of the Company to allot, issue or deal with
additional shares in the share capital of the Company or securities
convertible into such shares or options, warrants or similar rights
to subscribe for any shares or convertible securities and to make
or grant offers, agreements, and options which might require the
exercise of such powers, subject to and in accordance with all
applicable laws, be and is hereby generally and unconditionally
approved; (b) the approval in paragraph (a) of this resolution
shall authorise the directors of the Company during the Relevant
Period to make or grant offers, agreements and options which would
or might require the exercise of such powers after the end of the
Relevant Period; (c) the aggregate nominal amount of share capital
allotted or agreed conditionally or unconditionally to be allotted
(whether pursuant to an option or otherwise) and issued by the
directors of the Company pursuant to the approval in paragraph (a)
of this resolution, otherwise than pursuant to (i) a Rights Issue
(as hereinafter defined), (ii) the exercise of the subscription
rights or conversion under the terms of any warrants issued by the
Company or any securities which are convertible into shares of the
Company and from time to time outstanding, (iii) the exercise of
any option granted under the share option scheme or similar
arrangement for the time being adopted for the grant or issue to
officers and/or employees of the Company and/or any of its
subsidiaries and/or other eligible participants as stipulated in
such share option scheme or similar arrangement of shares or rights
to acquire shares of the Company, or (iv) any scrip dividend or
similar arrangement providing for the allotment of shares of the
Company in lieu of the whole or part of a dividend on shares of the
Company in accordance with the bye-laws of the Company in force
from time to time, shall not exceed 20 per cent. of the aggregate
nominal amount of the share capital of the Company in issue as at
the date of passing of this resolution and the said approval be
limited accordingly; and (d) for the purpose of this resolution:
"Relevant Period" means the period from the passing of this
resolution until whichever is the earlier of: (i) the conclusion of
the next annual general meeting of the Company; (ii) the expiration
of the period within which the next annual general meeting of the
Company is required by the bye-laws of the Company or any
applicable laws of Bermuda to be held; and (iii) the revocation or
variation of the authority given under this resolution by an
ordinary resolution of the shareholders of the Company in general
meeting. "Rights Issue" means an offer of shares of the Company
open for a period fixed by the directors of the Company to holders
of shares of the Company in the register of members of the Company
on a fixed record date in proportion to their then holdings of such
shares (subject to such exclusion or other arrangement as the
directors of the Company may deem necessary or expedient in
relation to fractional entitlements or having regard to any
restrictions or obligations under the laws of, or the requirements
of any recognised regulatory body or such stock exchange in any
territory outside Hong Kong)." (B) 'THAT: (a) subject to paragraph
(b) of this resolution, the exercise by the directors of the
Company during the Relevant Period (as defined below) of all powers
of the Company to purchase its own shares on The Stock Exchange of
Hong Kong Limited (the "Stock Exchange") or any other exchange on
which the securities of the Company may be listed and which is
recognised by the Securities and Futures Commission of Hong Kong
and the Stock Exchange for this purpose ("Recognised Stock
Exchange"), subject to and in accordance with all applicable laws
and regulations of Bermuda, bye-laws of the Company and the
requirements of the Rules Governing the Listing of Securities on
the Stock Exchange or any other Recognised Stock Exchange as
amended from time to time, be and is hereby generally and
unconditionally approved; (b) the aggregate nominal amount of
shares of the Company which may be purchased by the Company
pursuant to the approval in paragraph (a) of this resolution during
the Relevant Period shall not exceed 10 per cent. of the aggregate
nominal amount of the share capital of the Company in issue as at
the date of passing of this resolution and the said approval be
limited accordingly; and (c) for the purpose of this resolution:
"Relevant Period" means the period from the passing of this
resolution until whichever is the earlier of : (i) the conclusion
of the next annual general meeting of the Company; (ii) the
expiration of the period within which the next annual general
meeting of the Company is required by the bye-laws of the Company
or any applicable laws of Bermuda to be held; and (iii) the
revocation or variation of the authority given under this
resolution by an ordinary resolution of the shareholders of the
Company in general meeting.' (C) 'THAT subject to the passing of
resolutions numbered 4(A) and 4(B), the aggregate nominal amount of
the share capital of the Company which are to be purchased by the
Company pursuant to the authority granted to the directors of the
Company mentioned in resolution numbered 4(B) shall be added to the
aggregate nominal amount of share capital of the Company that may
be allotted or agreed conditionally or unconditionally to be
allotted by the directors of the Company pursuant to resolution
numbered 4(A) above, provided that such amount shall not exceed 10
per cent. of the aggregate nominal amount of the share capital of
the Company in issue as at the date of passing of this resolution.'
By order of the Board Brilliance China Automotive Holdings Limited
Lam Yee Wah Eva Company Secretary Hong Kong, 27th April, 2007
Registered office: Canon's Court 22 Victoria Street Hamilton HM12
Bermuda Head office and principal place of business: Suites
1602--05 Chater House 8 Connaught Road Central Hong Kong Notes: 1.
A shareholder entitled to attend and vote at the above meeting may
appoint one or more than one proxies to attend and to vote on a
poll in his stead. On a poll, votes may be given either personally
(or in the case of a shareholder being a corporation, by its duly
authorised representative) or by proxy. A proxy need not be a
shareholder of the Company. 2. Where there are joint registered
holders of any share, any one of such persons may vote at the
meeting, either personally or by proxy, in respect of such share as
if he were solely entitled thereto; but if more than one of such
joint holders are present at the meeting personally or by proxy,
that one of the said persons so present whose name stands first on
the register of members of the Company in respect of such shares
shall alone be entitled to vote in respect thereof. 3. In order to
be valid, the form of proxy duly completed and signed in accordance
with the instructions printed thereon together with the power of
attorney or other authority, if any, under which it is signed or a
notarially certified copy thereof must be delivered to the office
of the Company's branch registrar in Hong Kong, Computershare Hong
Kong Investor Services Limited at Shops 1712-16, 17th Floor,
Hopewell Centre, 183 Queen's Road East, Hong Kong not less than 48
hours before the time appointed for holding the meeting or any
adjournment thereof. 4. Completion and return of the form of proxy
will not preclude shareholders from attending and voting in person
at the meeting if shareholders so wish. 5. The Hong Kong branch
register of members of the Company will be closed from Wednesday,
20th June, 2007 to Friday, 22nd June, 2007, both days inclusive,
during which period no transfer of shares will be registered. In
order to qualify for attending the meeting, all properly completed
transfer forms accompanied by the relevant share certificates must
be lodged with the Company's branch registrar in Hong Kong,
Computershare Hong Kong Investor Services Limited at Shops 1712-16,
17th Floor, Hopewell Centre, 183 Queen's Road East, Hong Kong for
registration not later than 4:30 p.m. on Monday, 18th June, 2007.
6. Pursuant to bye-law 70 of the Bye-Laws of the Company, a poll
may be declared in relation to any resolution put to the vote of
the meeting before or at the declaration of the results of the show
of hands or on the withdrawal of any other demand for a poll: (a)
by the chairman of the meeting; or (b) by at least three
shareholders present in person or by a duly authorised corporate
representative or by proxy for the time being entitled to vote at
the meeting; or (c) by any shareholder or shareholders present in
person or by a duly authorised corporate representative or by proxy
and representing not less than one-tenth of the total voting rights
of all the shareholders having the right to attend and vote at the
meeting; or (d) by any shareholder or shareholders present in
person or by a duly authorised corporate representative or by proxy
having the right to attend and vote at the meeting, and in respect
of whose shares, sums have been paid up in the aggregate equal to
not less than one-tenth of the total sum paid up on all the shares
having that right. 7. As at the date of this announcement, the
board of directors of the Company comprises five executive
directors, Mr. Wu Xiao An (also known as Mr. Ng Siu On) (Chairman),
Mr. Qi Yumin (Chief Executive Officer), Mr. He Guohua, Mr. Wang
Shiping and Mr. Lei Xiaoyang (Chief Financial Officer); and three
independent non-executive directors, Mr. Xu Bingjin, Mr. Song Jian
and Mr. Jiang Bo. Contacts: Lisa Ng Brilliance China Automotive
Holdings Limited Tel: +852 2523 7227 Carol Lau Weber Shandwick in
Hong Kong Tel: +852 2533 9981 DATASOURCE: Brilliance China
Automotive Holdings Limited CONTACT: Lisa Ng of Brilliance China
Automotive Holdings Limited, +852- 2523-7227; or Carol Lau of Weber
Shandwick in Hong Kong, +852-2533-9981, for CBA
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