On the morning of 5 July 2011, China COSCO 2011 First Extraordinary General Meeting was held in Beijing and Hong Kong in the form of video-teleconference, the Company's press release said.
The meeting was chaired by Zhang Fusheng, Executive Vice President of COSCO Group and Vice Chairman of China COSCO, was attended by Zhang Liang,China COSCO Executive Director and President, Sun Yueying - director, Kwong Che Keung - independent director, Peter Guy Bowie - independent director, Ma Jianhua - supervisor, Meng Yan - independent supervisor, Ye Weilong - Executive Vice-President, He Jiale - CFO, Zhang Yongjian - Secretary of the Board, etc., as well as 28 shareholders and representatives of shareholders.
The Extraordinary General Meeting adopted in the form of ordinary resolution the proposals regarding allowance standards for Independent Directors and Independent Supervisors of China COSCO Third Board Meeting and Supervisory Board Meeting.
The meeting was chaired by Zhang Fusheng, Executive Vice President of COSCO Group and Vice Chairman of China COSCO, was attended by Zhang Liang,China COSCO Executive Director and President, Sun Yueying - director, Kwong Che Keung - independent director, Peter Guy Bowie - independent director, Ma Jianhua - supervisor, Meng Yan - independent supervisor, Ye Weilong - Executive Vice-President, He Jiale - CFO, Zhang Yongjian - Secretary of the Board, etc., as well as 28 shareholders and representatives of shareholders.
The Extraordinary General Meeting adopted in the form of ordinary resolution the proposals regarding allowance standards for Independent Directors and Independent Supervisors of China COSCO Third Board Meeting and Supervisory Board Meeting.