Bonso Electronics Announces Annual General Meeting Results

Rhea-AI Summary

Bonso Electronics International (NASDAQ: BNSO) held its Annual General Meeting on June 8, 2021, in Shenzhen, China. Shareholders approved the appointments of six new board members and ratified MSPC Certified Public Accountants as the independent accounting firm for the fiscal year ending March 31, 2021. The company specializes in designing and manufacturing electronic scales and pet electronics, primarily serving North America and Europe. Bonso also engages in product design, quality management, and factory space rentals.

Positive

• Appointment of a new Board of Directors to enhance governance.
• Ratification of an independent accounting firm for fiscal transparency.

Negative

• None.

HONG KONG, June 09, 2021 (GLOBE NEWSWIRE) -- Bonso Electronics International, Inc. (NASDAQ: BNSO) today announced the results of the Company’s Annual General Meeting of Shareholders (the “AGM”) held on June 8, 2021, at the offices of the Corporation’s China subsidiary located at the 10th Floor, Commercial Building, 2 Zheng Feng Bei Road, Fu Yong, Shenzhen, China.

At the AGM, the shareholders approved and ratified (i) the appointment of Mr. Anthony So, Mr. Andrew So, Mr. Albert So, Mr. Kim Wah Chung, Mr. Woo Ping Fok, and Mr. Henry F. Schlueter as members of the Board of Directors to serve for the ensuing year; and (ii) the appointment of MSPC Certified Public Accountants and Advisors, P.C., as Bonso’s independent registered public accounting firm for the fiscal year ending March 31, 2021.

About Bonso Electronics

Bonso Electronics designs, develops, manufactures, assembles and markets a comprehensive line of electronic scales, weighing instruments and pet electronics products. Bonso products are manufactured in the People's Republic of China for customers primarily located in North America and Europe. Company services include product design and prototyping, production tooling, procurement of components, total quality management, and just-in-time delivery. Bonso also independently designs and develops electronic products for private label markets. Bonso rents factory space and equipment to third parties and is also redeveloping the land upon which its Shenzhen factory was located. For further information, visit the company's web site at http://www.bonso.com.

For more information please contact:

Albert So
Chief Financial Officer and Secretary
Tel: +852 2605 5822
Fax: +852 2691 1724

SOURCE Bonso Electronics

FAQ

What decisions were made at Bonso Electronics' AGM on June 8, 2021?

At Bonso Electronics' AGM, shareholders approved the appointment of new board members and ratified MSPC Certified Public Accountants as the independent accounting firm.

Who were appointed to the Board of Directors of Bonso Electronics?

The newly appointed Board members include Mr. Anthony So, Mr. Andrew So, Mr. Albert So, Mr. Kim Wah Chung, Mr. Woo Ping Fok, and Mr. Henry F. Schlueter.

What is Bonso Electronics' primary business focus?

Bonso Electronics designs, develops, and manufactures electronic scales and pet electronics, primarily for customers in North America and Europe.

What accounting firm was ratified by Bonso Electronics at the AGM?

MSPC Certified Public Accountants and Advisors, P.C. was ratified as Bonso's independent registered public accounting firm for the fiscal year ending March 31, 2021.