HON HAI PRECISION INDUSTRY CO LTD 08/06/2010 AGM
NonePIRC was not able to secure sufficient information from the company to enable us to deliver an informed report. This was despite attempts by PIRC to secure this information from the company or its representatives. PIRC’s Asian service defines reportable companies as those which provide adequate and timely English language disclosure of materials which explain the meeting agenda. PIRC has made best efforts to obtain such disclosures for this meeting but has been unable to do so. Unless sufficient information becomes available subsequent to the issuance of these recommendations, PIRC advises clients not to support the proposals.
A1Presentation of the 2009 business operationsNon-Voting
A2Presentation of the 2009 audited reportsNon-Voting
A3Presentation of the indirect investment in the PRCNon-Voting
A4Presentation of the status of local unsecured corporate bondsNon-Voting
A5Other presentationsNon-Voting
B1Approve the 2009 business reports and financial statementsAbstain
B2Approve the dividendAbstain
B3Approve the issuance of new shares as part of the proposed stock dividendAbstain
B4Approve the issue of global depository receiptsOppose
B5Approve the revision to the procedures of monetary loansAbstain
B6Approve the revision to the procedures of endorsement and guaranteeAbstain
B7Approve the revision to the Articles of IncorporationAbstain
B8Election of directors and supervisorsAbstain
B9Approve to release the directors from the prohibition on participation in competitive businessOppose
B10Other issues and extraordinary motionsOppose