Sino-Global Announces Annual General Meeting of Shareholders
BEIJING, Dec. 16, 2010 /PRNewswire-Asia/ -- Sino-Global Shipping America, Ltd. (Nasdaq: SINO) ("Sino-Global" or the "Company"), a leading, non-state-owned provider of shipping agency services operating primarily in China, today announced that it will hold its 2011 Annual General Meeting of Shareholders (the "Meeting") on January 12, 2011 at 10:00 a.m. U.S. Eastern Time. The Meeting will be held at the Omni Richmond Hotel, 100 South 12th St., Richmond, Virginia 23219. A proxy statement and copy of the Company's annual report for the fiscal year ended June 30, 2010 have been distributed to Sino-Global shareholders of record as of December 9, 2010 and filed with the Securities and Exchange Commission. Matters to be voted upon at the Meeting include:
- The election of one Class I member of the Board of Directors, to serve a term expiring at the Annual Meeting of Shareholders in 2014 or until his successor is duly elected and qualified;
- The ratification of the appointment of Friedman LLP as the Company's independent registered public accounting firm for the fiscal year ending June 30, 2011; and
- The transaction of any other business properly coming before the meeting.
The foregoing items of business are more fully described in the proxy statement. At the Meeting, Sino-Global management will also report on the Company's performance and operations during the fiscal year ended June 30, 2010 and respond to shareholder questions. Shareholders of record at the close of business on December 9, 2010 are entitled to notice of and to vote at the Meeting and any adjournment thereof.
About Sino-Global Shipping America, Ltd.
Registered in the United States in 2001 and operating primarily in mainland China, Sino-Global is a leading, non-state-owned provider of high-quality shipping agency services. With local branches in most of China's main ports and contractual arrangements in all those where it does not have branch offices, Sino-Global is able to offer efficient, high-quality shipping agency services to shipping companies entering Chinese ports. With a subsidiary in Perth, Australia, where it has a contractual relationship with a local shipping agency, Sino-Global provides complete shipping agent services to companies involved in trades between Chinese and Australian ports. Sino-Global also operates a subsidiary in Hong Kong, China, to provide comprehensive shipping agent services to vessels going to and from one of the world's busiest ports.
Sino-Global provides ship owners, operators and charters with comprehensive yet customized shipping agency services including intelligence, planning, real-time analysis and on-the-ground implementation and logistics support. Sino-Global has achieved both ISO9001 and UKAS certifications.
Forward Looking Statements
No statement made in this press release should be interpreted as an offer to purchase any security. Such an offer can only be made in accordance with the Securities Act of 1933, as amended, and applicable state securities laws. Any statements contained in this release that relate to future plans, events or performance are forward-looking statements that involve risks and uncertainties as identified in Sino-Global's filings with the Securities and Exchange Commission. Actual results, events or performance may differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as the date hereof. Sino-Global undertakes no obligation to publicly release the results of any revisions to these forward-looking statements that may be made to reflect the events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
For investor and media inquiries, please contact:
Ms. Apple Liang
SOURCE Sino-Global Shipping America, Ltd.
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