Announcement on Resolutions of the 4th Session of the 3rd Board of Supervisors of Shanghai Worldbest Co.,Ltd
Stock Code:600094 900940 Stock Abbreviation: Worldbest A share Worldbest B Share No. Lin 2004-009
Announcement on Resolutions of the 4th Session of the 3rd Board of Supervisors of Shanghai Worldbest Co.,Ltd
The 4th Session of the 3rd Board of Supervisors was held on Oct, 26,2004 at the Meeting Room of the Company. All of the 7 supervisors attended meeting. The meeting reviewed and approved the following proposals:
1. The proposal of the amendment of the “Rules of Procedures of Board of Supervisors”;
In accordance with the rectification requirements of China Securities Regulatory Committee Shanghai Supervision and Management Bureau, the Board planned to amend some articles as follows:
(1) Amend Article No.8
The original:” Article 8 When the Board of Supervisors convene the regular meeting, it shall inform all the supervisors in written notice 15 days earlier of the meeting , when convene the working meeting or special subject meeting it shall inform all the supervisors in written notice 10 days earlier of the meeting, and clearly state the time, place ,content and relative materials of the meeting. “
Changed into:” Article 8 When the Board of Supervisors convene the regular meeting, working meeting or special subject meeting, it shall inform all the supervisors in written notice 10 days earlier, and clearly stated the time, place, content and relative materials of the meeting. ”
(2) Amend Article No.13
The original article:” Article 13 The resolutions of the meeting of Board of Supervisors will be vote by open ballot by the supervisors. Each supervisor has the right to one vote. When the assenting votes and dissenting votes equal, the chairman of the Board of Supervisors has the right of one more vote. The resolutions can only be effective when more than half of the supervisors approved the resolutions, each supervisor shall signed his name on the resolution and has the right to make certain explanatory record of his statement on the meeting. ”
Changed into” Article 13 The resolutions of the meeting of Board of Supervisors will be vote by open ballot by the supervisors. Each supervisor has the right to one vote. . The resolutions can only be effective when more than half of the supervisors approved the resolutions, each supervisor shall signed his name on the resolution and has the right to ask to make certain explanatory record of his statement on the meeting. ”
The proposal will be submitted to 2004 1st Extraordinary Shareholders Meeting for review .
2. The 2004 Third Quarter Report of the Company
3. The Company’s “ Rectification report on the problems found in the inspection tour by China Securities Regulatory Committee Shanghai Supervision and Management Bureau. ”
Hereby announced
Board of Supervisors of Shanghai Worldbest Co.,Ltd..
Oct 26,2004
04/02/2005
Advise: The site
is best view with Internet Explorer 5.0 or Netscape 4.0.
