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Motley Fool Global Gains / GGV: China's Rural Boom
|Subject: Chaoda schedules Annual Meeting||Date: 11/28/2011 9:58 AM|
|Author: kidchicago2||Number: 1642 of 1656|
For December 30th.
Note the first line under "purposes":
"To receive and consider the audited financial statements and the reports of directors and the auditors for the financial year ended 30 June 2011."
I hope this means they actually have an audited financial statement now.
They also include an authorization to buy back shares, up to 10% of shares outstanding, as well as a separate authorization to ISSUE shares, again up to 10%. Each will require shareholder approval. I'm not sure how, if at all, these interrelate.
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