Annual Report 2012 - e-KONG Group Limited

e-KONG GROUP LIMITEDReport of Directors (continued)Purchase, sale or redemption of the Company’s listed securitiesDuring the year, neither the Company nor any of its subsidiaries purchased, sold or redeemed any of the Company’slisted securities.Pre-emptive rightsThere are no provisions for pre-emptive rights under the Company’s Bye-laws or the laws of Bermuda although thereare no restrictions against such rights under such laws.Public floatBased on information that is publicly available to the Company and to the best knowledge and belief of the directors,as at the date of this report, there is sufficient public float of not less than 25% of the Company’s issued share capitalas required under the Listing Rules.AuditorThe financial statements of the Company for the year ended 31 December 2012 have been audited by Mazars CPALimited, Certified Public Accountants.A resolution will be submitted to the annual general meeting to re-appoint Mazars CPA Limited as auditor of theCompany.Environmental awarenessOver the years, the Group has made considerable endeavours in reducing waste in the course of its operations.Since 2008, the Company has participated in the “Wastewi$e Label” of the Hong Kong Awards for EnvironmentalExcellence, which is a recognition scheme established by, among others, the Environmental Protection Department andEnvironmental Campaign Committee to encourage Hong Kong businesses and organisations in adopting structuredmeasures to reduce the amount of waste generated within their establishments or generated through the servicesand products they provide. The Company has been awarded with the “Class of Excellence” Wastewi$e Label for fiveconsecutive years.By Order of the BoardLau Wai Ming RaymondCompany Secretary26 March 201328Annual Report 2012