Two railways in Hong Kong to merge |
文章来源： 文章作者： 发布时间：2007-10-10 03:04 字体： [ 大 中 小] 进入论坛 |
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| Hong Kong's Mass Transit1 Railway (MTR) announced Tuesday its shareholders2 had backed the system's proposed merger3 with the Kowloon-Canton Railway, another railway company in Hong Kong. |
| Oct. 10 - Hong Kong's Mass Transit Railway (MTR) announced Tuesday its shareholders had backed the system's proposed merger with the Kowloon-Canton Railway, another railway company in Hong Kong.
Independent shareholders representing 1.26 billion shares were entitled to vote for or against the resolution at the MTR Corporation's extraordinary general meeting Tuesday.
As a connected party of the transaction, the government of Hong Kong and its associates with 4.33 billion shares were not entitled to vote at the meeting. A simple majority was needed to pass the resolution.
A total of 308,421,208 shares were voted by independent shareholders, with 82.29 percent for and 17.71 percent against the merger.
Eva Cheng, secretary for Transport Housing of Hong Kong, said the merger will benefit the community.
"The merger could create synergy and enhance economic effectiveness, ultimately to passengers' benefit. We welcome the extraordinary general meeting's vote to support this proposal," she said.
"The two railway companies are making final preparations for the merger. We will also introduce to the Legislative4 Council as soon as possible the related subsidiary legislation for the designation of an appointed date for the merger," she said.
"Our target is to give effect to the merger before the end of this year. About 2.8-million daily rail passenger trips will benefit from a fare reduction from day one of the merger," she added.
MTRC Chairman Raymond Ch'ien said the merger is a transaction that benefits all stakeholders including the public, MTR shareholders and employees of the two rail companies.
"We are very pleased that our independent shareholders have voted in favor of the transaction which will now enable us to proceed with the final preparations for integrating the two operations," he said.
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点击  收听单词发音
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1
transit
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| n.经过，运输；vt.穿越，旋转；vi.越过 |
参考例句： |
- His luggage was lost in transit.他的行李在运送中丢失。
- The canal can transit a total of 50 ships daily.这条运河每天能通过50条船。
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2
shareholders
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| n.股东( shareholder的名词复数 ) |
参考例句： |
- The meeting was attended by 90% of shareholders. 90%的股东出席了会议。
- the company's fiduciary duty to its shareholders 公司对股东负有的受托责任
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3
merger
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| n.企业合并，并吞 |
参考例句： |
- Acceptance of the offer is the first step to a merger.对这项提议的赞同是合并的第一步。
- Shareholders will be voting on the merger of the companies.股东们将投票表决公司合并问题。
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4
legislative
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| n.立法机构，立法权；adj.立法的，有立法权的 |
参考例句： |
- Congress is the legislative branch of the U.S. government.国会是美国政府的立法部门。
- Today's hearing was just the first step in the legislative process.今天的听证会只是展开立法程序的第一步。
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