Trencor/mobile - Annual General Meetings
Release Date: 20/05/2004 13:33:01 Code(s): MBN TRE MOBD TED2
Trencor/Mobile - Annual General Meetings
TRENCOR LIMITED
(Reg No 1955/002869/06)
(`Trencor`)
Share Code: ISIN:
TRE ZAE000007506
TED2 ZAE000007282
MOBILE INDUSTRIES LIMITED
(Reg No 1968/014997/06)
(`Mobile`)
Share Code: ISIN
MOB ZAE000004602
MBN ZAE000012274
MOBD ZAE000004610
ANNUAL GENERAL MEETINGS
At the annual general meetings of Trencor and Mobile held on 19 May 2004,
all resolutions put to the meetings were passed by the requisite majority
of shareholders. In line with current market preference, the proposed
resolutions (numbers 4 and 7 in Trencor and 3 and 5 in Mobile) to place the
unissued shares under the control of the directors until the next annual
general meetings and the general issue of shares for cash were withdrawn by
the respective companies.
In addition, the following major points were made in discussion at the
annual general meeting of Trencor:
- Textainer`s container fleet utilisation has increased to an all time
high of 94,5%
- Textainer`s profit in US dollar terms for 2004 is expected to exceed
that achieved in 2003
- New container prices are very volatile and have increased materially
since the start of the year
- TrenStar continues to do well in the market place and remains on
target to become profitable towards the end of the year
TRENCOR SERVICES (PTY) LTD
SECRETARIES
20 MAY 2004
Sponsor: HSBC Investment Services (Africa) (Pty) Ltd
www.trencor.net
www.mobile-industries.net
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
