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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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