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Jerash Holdings Announces Results of 2024 Annual Meeting of Stockholders

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Jerash Holdings (US), Inc. (Nasdaq: JRSH), a manufacturer and exporter of custom sportswear and outerwear for leading global brands, announced the results of its 2024 Annual Meeting of Stockholders held on September 27, 2024. The key outcomes include:

1. Re-election of all five nominated directors for a one-year term until the 2025 annual meeting: Choi Lin Hung, Wei ("Kitty") Yang, Ibrahim H. Saif, Bill Korn, and Mak Chi Yan.

2. Approval of the compensation paid to the Company's named executive officers on an advisory basis.

3. Stockholders' preference for an annual advisory vote on executive compensation, which the Company will implement until the next required frequency vote.

Jerash Holdings (US), Inc. (Nasdaq: JRSH), un produttore ed esportatore di abbigliamento sportivo e outerwear personalizzati per marchi globali di punta, ha annunciato i risultati della sua 2024 Assemblea Annuale degli Azionisti tenutasi il 27 settembre 2024. I risultati principali includono:

1. Rielezione di tutti e cinque i direttori nominati per un mandato di un anno fino all'assemblea annuale del 2025: Choi Lin Hung, Wei ('Kitty') Yang, Ibrahim H. Saif, Bill Korn e Mak Chi Yan.

2. Approvazione della compensazione corrisposta ai funzionari esecutivi nominati della Società su base consultiva.

3. Preferenza degli azionisti per un voto consultivo annuale sulla compensazione degli executive, che la Società implementerà fino alla prossima votazione di frequenza richiesta.

Jerash Holdings (US), Inc. (Nasdaq: JRSH), un fabricante y exportador de ropa deportiva y de abrigo personalizada para marcas globales líderes, anunció los resultados de su Reunión Anual de Accionistas 2024 celebrada el 27 de septiembre de 2024. Los resultados clave incluyen:

1. Reelección de los cinco directores nominados por un período de un año hasta la reunión anual de 2025: Choi Lin Hung, Wei ('Kitty') Yang, Ibrahim H. Saif, Bill Korn y Mak Chi Yan.

2. Aprobación de la compensación pagada a los ejecutivos nombrados de la Compañía en una base consultiva.

3. Preferencia de los accionistas por un voto consultivo anual sobre la compensación ejecutiva, que la Compañía implementará hasta la próxima votación de frecuencia requerida.

Jerash Holdings (US), Inc. (Nasdaq: JRSH)는 세계 유수 브랜드를 위한 맞춤형 스포츠웨어 및 아우터웨어를 제조하고 수출하는 회사로, 2024년 9월 27일에 열린 2024년 주주총회 결과를 발표했습니다. 주요 결과는 다음과 같습니다:

1. 2025년 주주총회까지 1년 임기로 지명된 이사 5명의 재선: Choi Lin Hung, Wei('Kitty') Yang, Ibrahim H. Saif, Bill Korn, Mak Chi Yan.

2. 회사 명단에 있는 임원들에게 지급된 보상의 자문적 승인.

3. 임원 보상에 대한 매년 자문 투표를 선호하며, 회사는 다음 필요한 빈도 투표까지 이를 실시할 것입니다.

Jerash Holdings (US), Inc. (Nasdaq: JRSH), un fabricant et exportateur de vêtements de sport et d'extérieur sur mesure pour des marques mondiales de premier plan, a annoncé les résultats de sa Réunion Annuelle des Actionnaires 2024 tenue le 27 septembre 2024. Les principaux résultats incluent :

1. Réélection des cinq directeurs nommés pour un mandat d'un an jusqu'à l'assemblée annuelle de 2025 : Choi Lin Hung, Wei ('Kitty') Yang, Ibrahim H. Saif, Bill Korn et Mak Chi Yan.

2. Approbation de la rémunération versée aux dirigeants nommés de l'entreprise sur une base consultative.

3. Préférence des actionnaires pour un vote consultatif annuel sur la rémunération des dirigeants, que l'entreprise mettra en œuvre jusqu'à la prochaine fréquence de vote requise.

Jerash Holdings (US), Inc. (Nasdaq: JRSH), ein Hersteller und Exporteur von maßgeschneiderter Sport- und Outdoor-Bekleidung für führende globale Marken, gab die Ergebnisse seiner Jahreshauptversammlung 2024, die am 27. September 2024 stattfand, bekannt. Die wichtigsten Ergebnisse sind:

1. Wiederwahl aller fünf nominierten Direktoren für eine einjährige Amtszeit bis zur Hauptversammlung 2025: Choi Lin Hung, Wei ('Kitty') Yang, Ibrahim H. Saif, Bill Korn und Mak Chi Yan.

2. Genehmigung der Vergütung der benannten Führungskräfte des Unternehmens auf beratender Basis.

3. Bevorzugung der Aktionäre für eine jährliche Beratungsabstimmung zur Vergütung der Führungskräfte, die das Unternehmen bis zur nächsten erforderlichen Abstimmungsfrequenz umsetzen wird.

Positive
  • All nominated directors were successfully re-elected
  • Stockholders approved the compensation for named executive officers
  • Company aligned with stockholders' preference for annual advisory votes on executive compensation
Negative
  • None.

FAIRFIELD, NJ / ACCESSWIRE / September 30, 2024 / Jerash Holdings (US), Inc. (Nasdaq:JRSH) ("Jerash"), which manufactures and exports custom, ready-made, sportswear and outerwear for leading global brands, today announced the results of its annual meeting of stockholders, conducted on September 27, 2024:

  1. All five nominated directors submitted for stockholder approval were re-elected, including: Choi Lin Hung; Wei ("Kitty") Yang; Ibrahim H. Saif; Bill Korn; and Mak Chi Yan. The directors will serve a one-year term until the 2025 annual meeting of stockholders.

  2. The Company's stockholders approved, on an advisory basis, the compensation paid to the Company's named executive officers.

  3. The Company's stockholders approved, on an advisory basis, one year as the preferred frequency of the stockholders' approval of the compensation of the Company's named executive officers. In light of the voting results, the Company will include a stockholder vote on the compensation of its named executive officers in its proxy materials annually until the next required advisory vote on the frequency of stockholder advisory votes on the compensation of the Company's named executive officers.

About Jerash Holdings (US), Inc.

Jerash Holdings (US), Inc. manufactures and exports custom, ready-made, sportswear and outerwear for leading global brands and retailers, including VF Corporation (which owns brands such as The North Face, Timberland, and Vans), New Balance, G-III (which licenses brands such as Calvin Klein, Tommy Hilfiger, DKNY, and Guess), American Eagle, and Skechers. Jerash's existing production facilities comprise six factory units and four warehouses, and Jerash currently employs approximately 5,000 people. Additional information is available at www.jerashholdings.com.

# # #

Contact:

PondelWilkinson Inc.
Judy Lin or Roger Pondel
310-279-5980
jlin@pondel.com

SOURCE: Jerash Holdings (US), Inc.



View the original press release on accesswire.com

FAQ

When was Jerash Holdings' 2024 Annual Meeting of Stockholders held?

Jerash Holdings' 2024 Annual Meeting of Stockholders was held on September 27, 2024.

How many directors were re-elected at Jerash Holdings' (JRSH) 2024 Annual Meeting?

Five directors were re-elected at Jerash Holdings' (JRSH) 2024 Annual Meeting.

What was the outcome of the advisory vote on executive compensation at Jerash Holdings' (JRSH) 2024 Annual Meeting?

Stockholders approved the compensation paid to Jerash Holdings' (JRSH) named executive officers on an advisory basis.

How often will Jerash Holdings (JRSH) include a stockholder vote on executive compensation?

Jerash Holdings (JRSH) will include a stockholder vote on executive compensation annually, based on the stockholders' preference expressed at the 2024 Annual Meeting.

Jerash Holdings (US), Inc.

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