Annual Report 2011 年 報 - Neo-Neon LED Lighting International Ltd

Directors’ Report
PRE-EMPTIVE RIGHTS
There are no pre-emptive rights under the Company’s articles of association or the laws of the Cayman Islands,
which would oblige the Company to offer new shares on a pro-rata basis to existing shareholders.
DIRECTORS
The Directors of the Company during the period and up to the date of this report are:
Executive Directors
Mr. Ben FAN (Chairman)
Ms. Michelle WONG
Mr. FAN Pong Yang
Non-Executive Directors
Mr. LEUNG Wai Chuen (resigned on 30th September 2010)
Independent non-executive Directors
Mr. WU Tak Lung
Mr. ZHAO Shan Xiang
Mr. WENG Shih Yuan
In accordance with Article 87(1) of the Company’s articles of association (the “Articles”), Mr. Ben FAN, Mr. WENG
Shih Yuan, Mr. ZHAO Shan Xiang and Mr. WU Tak Lung will retire at the forthcoming annual general meeting and,
being eligible, will offer themselves for re-election.
Details of these Directors, which are required to be disclosed pursuant to Rules 13.51(2) and 13.74 of the Rules
Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the “Listing Rules”), are set out
in the circular of the Company, sent to Shareholders together with the 2011 Annual Report relating to, inter alia, reelection
of Directors.
DIRECTORS’ SERVICE CONTRACTS
Each of Mr. Ben FAN, Ms. Michelle WONG and Mr. FAN Pong Yang has entered into a service contract with
the Company for an initial term of three years commencing from the date (the “Commencement Date”) on which
dealings in the shares of the Company (the “Shares”) commences on The Stock Exchange of Hong Kong Limited
(the “Stock Exchange”). Such contracts will continue thereafter provided that either the Company or the relevant
executive Director may, after one year of the Commencement Date, terminate the appointment of the relevant
executive Director by giving to the other party not less than three months’ written notice of termination or by
payment in lieu of such notice.
Mr. WU Tak Lung has entered into a letter of appointment with the Company for a term of three years commencing
on the Commencement Date and may be terminated by either party by giving two months’ written notice.
ANNUAL REPORT 2011
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