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National Press Release
![]() | Receipt of Notices from ShareholdersPublished 2009-07-09 06:54By China Yuchai International Limited |


By the Notices, the various entities and persons have requested that a
special meeting of shareholders be convened to consider proposals to: (i)
amend China Yuchai's bye-laws to remove the provisions relating to the special
share ("Special Share"), (ii) remove the current President as an officer and
director of China Yuchai, and appoint a replacement (iii) remove the Audit
Committee Chairman as Audit Committee Chairman and a director of China Yuchai
and (iv) amend China Yuchai's bye-laws to permit the appointment of two
independent directors by shareholders who have no interest in the Special
Share and are not connected in any way with Coomber, Goldman,
Pursuant to the Company's bye-laws ("Bye-Laws"), shareholders holding not less than 10% of the Company's paid up share capital with the right to attend and vote at general meetings have the right, by written requisition, to require a special general meeting to be convened within two months of such requisition. The Board of Directors of China Yuchai has considered the contents of the Notices and will proceed to convene a special general meeting. Details of the meeting will be announced in due course.
It is to be noted that under Article 27 of the Bye-laws, for as long as the Special Share is outstanding, no shareholders resolution, whether ordinary or special may be passed without the affirmative vote of the Special Share. As publicly disclosed, the Special Share is held by Hong Leong Asia Ltd. through its wholly-owned subsidiary, HL Technology Systems Pte Ltd.
About China Yuchai International
China Yuchai International Limited, through its subsidiary, Guangxi Yuchai
Machinery Company Limited ("GYMCL"), engages in the manufacture, assembly, and
sale of a wide array of light-duty, medium-sized and heavy-duty diesel engines
for construction equipment, trucks, buses, and cars in
For more information, please contact:
Kevin Theiss / Dixon Chen
Grayling
Tel: +1-646-284-9409
Email: kevin.theiss@us.grayling.com
dixon.chen@us.grayling.com
SOURCE China Yuchai International Limited








