1.
1987 RESULTS
ASEAN
RESOURCES LIMITED
( 亞細安資源有限公司 )
ANNOUNCEMENT
The Board of Directors wish to announce the audited consolidated results of Asean Resources Limited for the year ended 31st December 1987.
Turnover
(Loss) From Operations
Share of Profit (Loss) of Associated Company
Profit (Loss) Before Taxation
Taxation Charge (Credit)
Profit (Loss) Before Extraordinary items
Extraordinary items
Profit (Loss) For The Year
Earnings (Loss) per share
2.
Year Ended 31 December 1987 HK$
4,616,907
=====
(9,411,094)
46,399,570
Year Ended 31 December 1986
HK$ 20,632,786
=====
(127,040,958) (1,945,825)
(129,350,783)
(843,704 )
36,988,476
16,236,190
20,752,286
3,229,261
23,981,547
==
3.8 cents
(23.4 cents)
(128,507,079) 30,708,183 (97,798,896)
=====
DIVIDEND
The Directors do not recommend any payment of dividend for the year.
BY ORDER OF THE BOARD
ST. JAMES SECRETARIES & REGISTRARS LIMITED COMPANY SECRETARY
Hong Kong 24th June 1988
NOTICE OF ANNUAL GENERAL MEETING
Notice is hereby given that the annual General Meeting of the Members of the Company will be held in the Kellett Room, Excelsior Hotel, Causeway Bay, Hong Kong on Thursday, 1st September 1988 at 10:00 a.m. for the following purposes:-
1.
To receive and consider the Statement of Accounts and Reports of the Directors and of the Auditors for the year ended 31st December 1987.
2.
To elect Directors.
3.
To appoint Auditors and to fix their remuneration.
4.
To consider passing the following ordinary resolution:-
"That the general mandate unconditionally given to the Directors to issue and dispose of additional shares not exceeding ten percent of the share capital in issue be and is hereby renewed accordingly until the next Annual General Meeting."
Hong Kong 24th June 1988
Notes:
BY ORDER OF THE BOARD
ST. JAMES SECRETARIES & REGISTRARS LIMITED COMPANY SECRETARY
1.
2.
Any member entitled to attend and vote at the meeting is entitled to appoint a proxy to attend and vote on his/her behalf. A proxy need not be a member of the Company.
The register of members will be closed from 18th August 1988 to 31st August 1988 (both dates inclusive) during which period no transfer of shares can be registered.