omniture

Noah Education Announces Results of Extraordinary General Meeting of Shareholders

2011-05-31 18:41 702

SHENZHEN, China, May 31, 2011 /PRNewswire-Asia-FirstCall/ -- Noah Education Holdings Ltd. (NYSE: NED) ("Noah" or "the Company"), a leading provider of education services in China, today announced that the Company held an Extraordinary General Meeting ("EGM") for shareholders on May 27, 2011. Both of the resolutions submitted to the shareholders at the EGM were duly passed.

The resolutions approved by shareholders were: (1) that the 2011 Share Incentive Plan adopted by the Board of Directors of the Company on April 1, 2011 is adopted and approved; and (2) that any and all awards granted by the Board of Directors pursuant to the 2011 Share Incentive Plan are ratified and confirmed as the acts of the Company.

Mr. Jerry He, Noah's Chief Executive Officer, said, "As we continue to build on our track record of profitable expansion within the education services space, we want to ensure that we have the systems and structures in place to motivate current and future employees to sustain and enhance Noah's success. The adoption of this share incentive plan is an important element in maintaining the high-performance culture necessary for the Company to continue to capitalize on robust growth opportunities by pursuing organic and acquisitive growth."

About Noah Education Holdings Ltd.

Noah is a leading provider of education services in China. The Company's brands include Wentai Education, which operates and manages high-end kindergartens, primary and secondary schools, and Little New Star, which provides English language training for children aged 3-19 in its directly owned and franchised training centers. Noah was founded in 2004 and is listed on the New York Stock Exchange under the ticker symbol NED. For more information about Noah, please visit http://www.noahedu.com.cn.

Contacts


 

 

 

Noah Education Holdings Ltd.

Léa Wu

Tel: +86-755-8204-3194

Email: wuzy@noahedu.com

 

Investor Relations (US)

Kelly Gawlik

Taylor Rafferty

Tel: +1-212-889-4350

Email: noahedu@taylor-rafferty.com

 

 

 

Investor Relations (Hong Kong)

Mahmoud Siddig

Taylor Rafferty

Tel: +852-3196-3712

Email: noahedu@taylor-rafferty.com


 

 

 

 




Source: Noah Education Holdings Ltd.
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Keywords: Education
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