Bonso Electronics Announces Annual General Meeting Results

Rhea-AI Summary

Bonso Electronics International (NASDAQ: BNSO) held its Annual General Meeting (AGM) on March 10, 2023, in Shenzhen, China. Shareholders approved the Board of Directors' appointments for the upcoming year, including Anthony So, Andrew So, Albert So, Kim Wah Chung, Woo Ping Fok, and Henry F. Schlueter. Additionally, MSPC Certified Public Accountants and Advisors, P.C. were appointed as Bonso’s independent registered public accounting firm for the fiscal year ending March 31, 2023. Bonso specializes in electronic scales and pet electronics, serving mainly North American and European markets, while also renting factory space and redeveloping its Shenzhen site.

Positive

• Shareholders approved the Board of Directors' appointments, ensuring continuity in leadership.
• Appointment of MSPC Certified Public Accountants as independent auditor may enhance financial credibility.

Negative

• None.

HONG KONG, March 21, 2023 (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 March 10, 2023, 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, 2023.

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 were the key outcomes of Bonso Electronics' AGM held on March 10, 2023?

The AGM resulted in the approval of the Board of Directors' appointments and the appointment of MSPC as the independent auditor.

Who were appointed to the Board of Directors during Bonso Electronics' AGM?

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

What financial firm was appointed as Bonso Electronics' independent auditor for 2023?

MSPC Certified Public Accountants and Advisors, P.C. was appointed as the independent auditor.

Where was Bonso Electronics' AGM held?

The AGM took place at the corporation’s China subsidiary in Shenzhen.

What is Bonso Electronics' main focus in its business?

Bonso Electronics designs and manufactures electronic scales and pet electronics primarily for North America and Europe.