William Preston Strong ran a boiler room in the Philippines that was raided in the late 1990s.
books.google.com
Message 9988336
caselaw.lp.findlaw.com
18 March 1999 SFC Takes Action Against Unregistered Dealer's Representative
hksfc.org
secinfo.com
22) NOT TO ASSIGN OR UNDERLET
Not to assign, underlet, license, part with the Possession of or transfer
the Premises or any interest therein, nor permit or suffer any arrangement
or transaction whereby any person other than the Tenant and it associated
company, Amber Securities Corporation, their employees and servants (if
any) obtains the use, possession, occupation or enjoyment of the Premises
without the previous written consent of the Landlord (which consent may be
withheld in the Landlord's absolute discretion) and irrespective of whether
any rental or other consideration is given for such use or possession and
in the event of any purported transfer, assignment, underletting,
licensing, sharing or parting with the possession of the Premises (whether
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18 March 1999
SFC Takes Action Against Unregistered Dealer's Representative
The Securities and Futures Commission announced that it had successfully prosecuted Kong York Hay (Kong) and Ng Henry Kai Wah (Ng) for acting as dealer's representatives of Amber Global Limited (AGL) whilst unregistered.
Kong and Ng today pleaded guilty before Ms Suzanna Remedios at Western Magistracy. Kong and Ng were fined $2,000 each and ordered to pay costs totalling $8,000 to the SFC.
The SFC investigation revealed that during the period 1 April to 30 July 1998, AGL acted as an agent in Hong Kong for Amber Securities Corporation (ASC), a company registered with the Securities and Exchange Commission of the United States as a securities broker. Sales staff of AGL, including Kong and Ng, were engaged in recruiting clients in Hong Kong to open accounts with ASC and then receiving securities trading instructions for onward transmission to ASC. AGL, Kong and Ng were not registered with the SFC in any capacity.
------------------------------------------------
etat.lu
AMBER INTERNATIONAL S.A., Soci.t. Anonyme.
Registered office: L-2449 Luxembourg, 26, boulevard Royal.
Ñ
STATUTES
In the year one thousand nine hundred and ninety-eight, on the twelfth of November.
Before Us, Ma.tre Andr.-Jean-Joseph Schwachtgen, notary residing in Luxembourg.
There appeared:
1. AMBER SECURITIES CORPORATION, having its registered office in the United States of America, California La
Jolla, 888 Prospect Street, Suite 330, duly represented by Mr Gilles Dusemon, attorney-at-law, residing in Esch-sur-
Alzette, by virtue of a power-of-attorney issued in Luxembourg on 10th November, 1998;
2. Mr William P. Strong, President CEO, residing in the United States of America, California La Jolla 92037, 8070 La
Jolla Shores Drive, 382, duly represented by Mr Gilles Dusemon, attorney-at-law, residing in Esch-sur-Alzette, by virtue
of a power-of-attorney issued in Luxembourg on 10th November, 1998.
The said proxies, after having been initialled and signed ne varietur by the proxy holder of the appearing parties and
the undersigned notary, shall remain attached to the present deed to be filed at the same time with the registration
authorities.
Such appearing parties, acting in their respective capacities, have requested the officiating notary to enact the
following articles of incorporation (hereafter the ÇArticlesÈ) of a company which they declare to establish as follows:
Name - Registered office - Duration - Object
Art. 1. Name.
There is hereby formed among the subscribers, and all other persons who shall become owners of the shares
hereafter created, a joint stock corporation (soci.t. anonyme) under the name of AMBER INTERNATIONAL S.A.
(hereafter Çthe CompanyÈ).
Art. 2. Registered Office.
2.1 The registered office of the Company is established in Luxembourg, Grand Duchy of Luxembourg. It may be transferred
to any other place within the Grand Duchy of Luxembourg by a resolution of the General Meeting of
Shareholders deliberating in the manner provided for amendments to the Articles.
The address of the registered office may be transferred within the town limits by simple resolution of the Board of
Directors.
2.2 The Board of Directors shall further have the right to set up offices, administrative centres and agencies wherever
it shall deem fit, either within or outside of the Grand Duchy of Luxembourg.
2.3 If extraordinary events of political, economic or social nature likely to impair the normal activity at the registered
office or the easy communication between that office and foreign countries shall occur, or shall be imminent, the
registered office may be provisionally transferred abroad until such time as circumstances have completely returned to
normal. Such a transfer will, however, have no effect on the nationality of the Company which shall remain a Luxembourg
company. The declaration of the provisional transfer abroad of the registered office will be made and brought to
the attention of third parties by the officer of the Company best placed to do so in the circumstances.
Art. 3. Duration.
The Company is formed for an unlimited duration.
Art. 4. Objects.
4.1 The object of the Company shall be to provide services of a commission agent consisting in the conclusion of
specific financial transactions in his own name but for the account of his clients and of a broker consisting in bringing
contracting parties into relationship with each other in order to conclude a specific financial transaction. Its activity has,
in every event, to remain within the limits of articles 24 A) and 26 of the law of 5th April, 1993, on the financial sector,
as amended.
4.2. It may also act as financial advisor in order to provide financial advice on an
individual basis to clients.
4.3. Accessorily, the Company may also carry out all transactions pertaining directly or indirectly to the acquisition of
movable property in any form whatsoever, and the administration, management, control and development of such
movable property.
Share Capital - Shares
Art. 5. Share Capital.
5.1 The subscribed share capital of the Company is fixed at LUF 1,250,000.- (one million two hundred and fifty
thousand Luxembourg francs) represented by 1,250 (one thousand two hundred and fifty) shares of a nominal value of
LUF 1,000.- (one thousand Luxembourg francs) each.
5.2 The subscribed capital of the Company may be increased or reduced by a decision of the General Meeting of
Shareholders deliberating in the same manner provided for amendments to the Articles.
5.3 The authorised capital is fixed at LUF 15,000,000.- (fifteen million Luxembourg francs) divided into 15,000 (fifteen
thousand) shares having a nominal value of LUF 1,000 (one thousand Luxembourg francs) each.
The Board of Directors of the Company is authorised and instructed to render effective such increase of the capital,
in whole or in part, from time to time, within a period expriring on the fifth anniversary of the publication of this deed
in the ÇM.morial, Recueil des Soci.t.s et AssociationsÈ for any authorised shares which have not yet been subscribed;
the Board shall decide to issue shares representing such whole or partial increase of the capital and shall accept subscriptions
for such shares.
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The Board is hereby authorised and instructed to determine the conditions attaching to any subscription, or it may
from time to time resolve to effect such whole or partial increase upon the conversion of any net profit of the Company
into capital and the attribution of fully-paid shares to shareholders in lieu of dividends.
Each time the Board of Directors shall act to render effective the increase of capital, as authorised, Article five of the
Articles of Incorporation should be amended so as to reflect the result of such action; the Board should take or
authorise any person to take any necessary steps for the purpose of obtaining execution and publication of such
amendment.
In connection with this authorisation to increase the capital and in compliance with article 32-3 (5) of the Law on
commercial companies, the Board of Directors of the Company is authorised to waive or to limit any preferential
subscription rights of the existing shareholders for the same period of five years.
Art. 6. Shares.
6.1 The shares of the Company will be in registered form.
6.2 A register of shares will be kept at the registered office, where it will be available for inspection by any
shareholder. Ownership of shares will be established by inscription in the said register.
6.3 Certificates of these inscriptions will be taken from a counterfoil register and signed by two directors.
6.4 The Company will recognise only one holder per share. In case a share is held by more than one person, the
Company has the right to suspend the exercise of all rights attached to that share until one person has been appointed
as sole owner in relation to the Company. The same rule shall apply in the case of conflict between an usufructuary
(usufruitier) and a pure owner (nu-propri.taire) or between a pledgor and a pledgee.
6.5 Unpaid amounts, if any, on issued and outstanding shares may be called at any time at the discretion of the Board
of Directors, provided however that calls shall be made on all the shares in the same proportion and at the same time.
Any sum the payment of which is in arrear automatically attracts interest in favour of the Company at the rate of ten
per cent per year calculated from the date when payment was due.
6.6 The Company may redeem its own shares within the limits set forth by law.
Management - Supervision
Art. 7. Appointment and Dismissal of Directors.
7.1 The Company shall be managed by a Board of Directors of at least three members who need not be shareholders
of the Company, who are appointed for a term which may not exceed six years, by the General Meeting of Shareholders.
A director may be removed with or without cause and/or be replaced at any time by a resolution of the General Meeting
of Shareholders.
7.2 Retiring members of the Board of Directors are eligible for re-election.
7.3 In the event of a vacancy on the Board of Directors because of death, retirement or otherwise, the remaining
directors may meet and may elect by majority vote a director to fill such vacancy until the next General Meeting of
Shareholders.
Art. 8. Meetings of the Board of Directors.
8.1 The Board of Directors may elect from among its members a Chairman. It may further choose a Secretary, either
director or not, who shall be in charge of keeping the minutes of the meetings of the Board of Directors.
The Chairman will preside at all meetings of shareholders and of the Board of Directors. In his absence, the General
Meeting of Shareholders or, as the case may be, the Board of Directors will appoint another director as chairman pro
tempore by a majority vote.
8.2 Meetings of the Board of Directors are convened by the Chairman or by any other two members of the Board.
The directors will be convened separately to each meeting of the Board of Directors. Except in cases of urgency
which will be specified in the convening notice or with the prior consent of all those entitled to attend, at least a eight
daysÕ written notice of Board meetings shall be given.
The meetings are held at the place, the day and the hour specified on the convening notice.
The notice may be waived by the consent in writing or by telefax or telegram or telex of each director. No separate
notice is required for meetings held at times and places specified in a schedule previously adopted by resolution of the
Board of Directors. No convening notice shall be required if all the members of the Board of Directors expressly waive
the convening formalities.
Any Director may act at any meeting of the Board of Directors by appointing in writing or by telefax or telegram or
telex another director as his proxy.
A director may represent one of his colleagues under the condition that at least two directors are present at the
meeting.
Any director may participate in any meeting of the Board of Directors by conference call or by other similar means
of communication allowing all the persons taking part in the meeting to hear one another. The participation in a meeting
by these means is equivalent to a participation in person at such meeting.
8.3 The Board can validly debate and take decisions only if at least two members are present or represented.
Decisions of the Board are taken by a qualified majority of two thirds of the votes cast.
Resolutions signed by all directors shall be valid and binding in the same manner as if passed at a meeting duly
convened and held. Such signatures may appear on a single document or on multiple copies of an identical resolution and
may be evidenced by letter, telefax or telex.
8.4 A director having a personal interest contrary to that of the Company in a matter submitted to the approval of
the Board of Directors shall be obliged to inform the Board of Directors thereof and to have his declaration recorded
in the minutes of the meeting. He may not take part in the relevant proceeding of the Board. At the next General
Meeting of Shareholders, before votes are taken in any other matter, the shareholders shall be informed of those cases
in which a director had a personal interest contrary to that of the Company.
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In case a quorum of the Board of Directors cannot be reached due to a conflict of interests, article 8.3 paragraph 1
shall not apply and the resolution passed by the required majority of the other members of the Board of Directors
present or represented at such meeting and voting will be deemed valid.
No contract or other transaction between the Company and any other company, firm or other entity shall be affected
or invalidated by the fact that any one or more of the directors or officers of the Company have a personal interest in,
or are a director, associate, officer or employee of such other company, firm or other entity. Any director who is
director or officer or employee of any company, firm or other entity with which the Company shall contract or
otherwise engage in business shall not, merely by reason of such affiliation with such other company, firm or other entity
be prevented from considering and voting or acting upon any matters with respect to such contract or other business.
Art. 9. Minutes of Meetings of the Board of Directors.
9.1 The decision of the Board of Directors will be recorded in minutes to be inserted in a special register and signed
by the Chairman or by any two other directors. Any proxies will remain attached thereto.
9.2 Copies or extracts of such minutes which may be produced in judicial proceedings or otherwise will be signed by
the Chairman or by any two other directors.
Art. 10. Powers of the Board of Directors.
10.1 The Board of Directors is vested with the broadest powers to perform all acts of administration and disposition
in the CompanyÕs interest. All powers not expressly reserved by the law of 10th August, 1915 as amended on
commercial companies or by the present Articles to the General Meeting of Shareholders fall within the competence of
the Board of Directors.
10.2 The Company shall be bound towards third parties in all matters by the single signature of one director, or the
single signature of any person to whom such signatory power has been granted by the Board of Directors, but only
within the limits of such power.
Art. 11. Delegation of Powers.
11.1 The Board of Directors may delegate part of its powers to one or more of its members. The Board of Directors
or the General Meeting of Shareholders may further appoint a director or any third party with proxies for definite
transactions and revoke such proxies at any time.
11.2 The Board of Directors may entrust the daily management of the CompanyÕs business to two or more managing
directors, or other third parties, subject to the prior authorisation of the General Meeting of Shareholders if a member
of the Board of Directors is to be appointed.
Insofar as daily management is concerned, the Company shall be legally bound towards third parties by the signature
of one managing director.
Art. 12. Indemnification.
The Company may indemnify any director or officer and his heirs, executors and administrators, against expenses
reasonably incurred by him in connection with any action, suit or proceeding to which he may be made a party by reason
of his being or having been a director or officer of the Company or, at his request, of any other corporation of which
the Company is a shareholder or creditor and from which he is not entitled to be indemnified, except in relation to
matters as to which he shall be finally adjudged in such action, suit or proceeding to be liable for gross negligence or
mismanagement; in the event of a settlement, indemnification shall be provided only in connection with such matters
covered by the settlement as to which the Company is advised by counsel that the person to be indemnified did not
commit such a breach of duty. The foregoing right of indemnification shall not exclude other rights to which he may be
entitled.
Art. 13. Audit.
The operations of the Company shall be supervised by an external auditor (r.viseur dÕentreprises). The external
auditor shall be appointed by the annual general meeting of shareholders for a maximum period of six years and he shall
remain in office until his successor is elected. He may be re-elected.
The external auditor may be revoked under the conditions set forth by law.
General Meetings of Shareholders
Art. 14. Powers of the General Meeting of Shareholders.
The General Meeting of Shareholders properly constituted represents the entire body of shareholders. It has the
powers conferred upon it by law.
Art. 15. Annual General Meeting of Shareholders - Other General Meetings.
15.1 The annual General Meeting of Shareholders shall be held at the registered office of the Company, or at such
other place in the municipality of its registered office as may be specified in the notice of meeting, on 30th March at 3.00
p.m.
If such day is a legal holiday, the annual General Meeting of Shareholders shall be held on the next following business
day. The annual General Meeting may be held abroad if, in the absolute and final judgement of the Board of Directors,
exceptional circumstances so require.
15.2 Other General Meetings of Shareholders may be held at such place and time as may be specified in the respective
notices of meeting.
Art. 16. Proceedings, Vote.
16.1 General Meetings of Shareholders shall meet upon call of the Board of Directors or, if exceptional circumstances
require so, by any two directors acting jointly.
It shall be necessary to call a General Meeting of Shareholders whenever a group of shareholders representing at least
one fifth of the subscribed capital requires so. In such case, the concerned shareholders must indicate the agenda of the
meeting.
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16.2 Shareholders will meet upon call by registered letter on not less than 8 days prior notice.
All notices calling General Meetings of Shareholders must contain the agenda for such meetings.
If all shareholders are present or represented at the General Meeting and if they state that they have been duly
informed on the agenda of the meeting, the General Meeting may be held without prior notice.
To the extent permitted by law, circular resolutions of the shareholders shall be validly taken if approved in writing
by all the shareholders. Such approval may appear on multiple copies of an identical resolution and may be evidenced by
letter, telefax or telex.
16.3 Any shareholder may act at any General Meeting by appointing in writing or by telefax, cable, telegram or telex
as his proxy another person who need not be shareholder.
The Board of Directors may determine all other conditions that must be fulfilled in order to take part in a General
Meeting of Shareholders.
16.4 Each share entitles the holder to one vote.
16.5 Except as otherwise required by law, resolutions at a General Meeting of Shareholders duly convened will be
passed by a simple majority of the shareholders present and voting, without any quorum requirements.
16.6 Before commencing any deliberations, the chairman of the General Meeting shall appoint a secretary and the
shareholders shall appoint a scrutineer. The chairman, the secretary and the scrutineer form the MeetingÕs Board.
The minutes of the General Meeting will be signed by the members of the MeetingÕs Board and by any shareholder
who wishes to do so.
However, in case decisions of the General Meeting have to be certified, copies or extracts for use in court or
elsewhere must be signed by the Chairman of the Board of Directors or any two other directors.
Financial year - Annual Accounts - Distribution of profits
Art. 17. Financial Year.
The CompanyÕs financial year runs from the first January to the thirty-first of December of every year.
Art. 18. Annual Accounts.
18.1 Each year, at the end of the financial year, the Board of Directors will draw up the annual accounts of the
Company in the form required by law.
18.2 At the latest one month prior to the Annual General Meeting, the Board of Directors will submit the CompanyÕs
balance sheet and profit and loss account together with its report and such other documents as may be required by law
to the external auditor who will thereupon draw up his reports.
18.3 A fortnight before the Annual General Meeting, the balance sheet, the profit and loss account, the BoardÕs
report, the external auditor(sÕ) reports and such other documents as may be required by law shall be deposited at the
registered office of the Company where they will be available for inspection by the shareholders during regular business
hours.
Art. 19. Distribution of Profits.
19.1 The credit balance on the profit and loss account, after deduction of the general expenses, social charges, writeoffs
and provisions for past and future contingencies as determined by the Board of Directors represents the net profit.
19.2 Every year five per cent of the net profit will be set aside in order to build up the legal reserve. This deduction
ceases to be compulsory when the legal reserve amounts to one tenth of the issued share capital.
19.3 The remaining balance of the net profit shall be at the disposal of the General Meeting of Shareholders.
19.4 Dividends will be distributed at the time and place fixed by the Board of Directors within the limits of the
decision of the General Meeting.
19.5 Interim dividends may be paid by the Board of Directors within the conditions provided for by law.
19.6 The General Meeting may decide to assign profits and distributable reserves to the reimbursement of the capital
without reducing the corporate capital.
Dissolution - Liquidation
Art. 20. Dissolution.
The Company may be dissolved at any time by decision of the General Meeting of Shareholders deliberating in the
manner required for amendments to the Articles.
Art. 21. Liquidation.
In the event of the dissolution of the Company, the General Meeting, deliberating in the manner required for amendments
to the Articles, will determine the method of liquidation and nominate one or several liquidators and determine
their powers.
General provision
Art. 22. All matters not governed by the present Articles shall be determined in accordance with the provisions of
the law of 10th August, 1915 on commercial companies, as amended.
Transitional provisions
1. The first business year begins today and ends on 31st December, 1998.
2. The first annual meeting will be held on 30th March, 1999.
Subscription
The Articles of the Company having thus been established, the parties appearing hereby declare that they subscribe
to the 1,250 shares representing the total share capital as follows:
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1. AMBER SECURITIES CORPORATION, prenamed: ÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉ 630 shares
2. Mr William P. Strong, prenamed: ÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉ 620 shares
Total: ÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉ 1,250 shares
All these shares are fully paid up by payments in cash such that the sum of LUF 1,250,000.- (one million two hundred
and fifty thousand Luxembourg francs) is from now on at the free disposal of the Company, proof thereof having been
given to the officiating notary.
Statement
The notary executing this deed declares that the conditions prescribed by article 26 of the law of 10th August, 1915
as amended on commercial companies have been fulfilled and expressly bears witness to their fulfilment.
Costs
The amount, approximately at least, of costs, expenses, salaries or charges, in whatever form it may be, incurred or
charged to the company as a result of its formation, is approximately evaluated at 75,000.- Luxembourg francs.
Extraordinary General Meeting of Shareholders
The above-named parties, representing the whole of the subscribed capital, considering themselves to be duly
convened, have proceeded to hold an Extraordinary General Meeting of Shareholders and having stated that it was
regularly constituted, they have passed the following resolutions by unanimous vote:
1. The number of directors is fixed at three and that of the external auditors at one.
2. The following have been appointed as directors:
- Mr William Preston Strong, prenamed;
- Mr Michel Preston Rodney, General Securities Representative, residing in the United States of America, La Jolla,
California 92037, 888, Prospect Street Suite 330;
- Mr Konrad M. Reimann, independent counsel, residing in L-5362 Schrassig, 9, rue St. Donat.
3. The meeting grants authorisation to the board of directors according to article 11 of the articles of association and
article 60 of the law of 10th August, 1915 on commercial companies, as amended, to appoint as managing directors in
charge of the daily management of the company, Mr William P. Strong and Mr Konrad M. Reimann;
4. ERNST & YOUNG, established in L-1359 Luxembourg, rue Richard Coudenhove-Kalergi, has been appointed as
external auditor.
5. The CompanyÕs address shall be at L-2449 Luxembourg, 26, boulevard Royal.
6. The term of office of the directors shall end with the General Annual Meeting resolving on the accounts of the
financial year 1999.
7. The term of office of the external auditor shall end with the General Annual Meeting resolving on the accounts of
the financial year 1999.
The undersigned notary who understands and speaks English, states herewith that at the request of the above
appearing parties, the present deed is worded in English followed by a French version. At the request of the same
appearing parties and in case of divergences between English and the French texts, the English version will be prevailing.
Whereof the present notarial deed was drawn up in Luxembourg, on the day named at the beginning of this
document.
The document having been read to the proxy holder of the parties appearing, the said proxy holder of the parties
appearing signed together with the notary the present deed.
Suit la traduction en franais du texte qui pr.cde:
LÕan mil neuf cent quatre-vingt-dix-huit, le douze novembre.
Par-devant Ma.tre Andr.-Jean-Joseph Schwachtgen, notaire de residence . Luxembourg.
Ont comparu:
1. AMBER SECURITIES CORPORATION, ayant son sige social aux Etats-Unis dÕAm.rique, 92037 La Joua,
Californie, 888 Prospect Street, Suite 330, ici valablement repr.sent.e par Monsieur Gilles Dusemon, avocat, demeurant
. Esch-sur-Alzette, en vertu dÕune procuration donn.e . Luxembourg en date du 10 novembre 1998;
2. Monsieur William Preston Strong, demeurant aux Etats-Unis dÕAm.rique, La Joua, Californie 92037, 8070 La Joua
Shores Drive, 382, ici valablement repr.sent. par Monsieur Gilles Dusemon, avocat, demeurant . Esch-sur-Alzette, en
vertu dÕune procuration donn.e . Luxembourg, en date du 10 novembre 1998.
Lesdites procurations, aprs avoir .t. paraph.es et sign.es ne varietur par le mandataire des comparants ainsi que
par le notaire soussign., resteront annex.es au pr.sent acte pour tre soumises ensemble . la formalit. de lÕenregistrement.
Lesquels comparants, agissant en leurs qualit.s respectives, ont requis le notaire instrumentaire de dresser les statuts
(ci-aprs les ÇStatutsÈ) dÕune soci.t. anonyme quÕils d.clarent constituer entre eux et quÕils ont arrt.s comme suit:
D.nomination - Sige social - Dur.e - Objet
Art. 1er. D.nomination.
Ii est form. entre les souscripteurs et tous ceux qui deviendront propri.taires des actions ci-aprs cr..es, et de celles
qui pourront tre cr..es . lÕavenir, une soci.t. anonyme prenant la d.nomination de AMBER INTERNATIONAL S.A.,
(ci-aprs d.sign.e par la ÇSoci.t.È).
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Art. 2. Sige social.
2.1 Le sige social de la Soci.t. est .tabli . Luxembourg, Grand-Duch. de Luxembourg. Il peut tre transf.r. en tout
autre endroit du Grand-Duch. de Luxembourg par une r.solution de lÕassembl.e g.n.rale statuant comme en matire
de changement des Statuts.
LÕadresse du sige social peut tre d.plac.e dans les limites de la commune par simple d.cision du Conseil dÕAdministration.
2.2 Le Conseil dÕAdministration a encore le droit de cr.er des bureaux, centres administratifs et agences en tous lieux
appropri.s, tant au Grand-Duch. de Luxembourg quÕ. lÕ.tranger.
2.3 Lorsque des .v.nements extraordinaires dÕordre politique, .conomique ou social, de nature . compromettre
lÕactivit. normale au sige ou la communication ais.e avec le sige, se produiront ou seront imminents, le sige pourra
tre transf.r. provisoirement . lÕ.tranger jusquÕ. cessation complte des circonstances anormales. Cette mesure provisoire
nÕaura toutefois aucun effet sur la nationalit. de la Soci.t., laquelle restera une soci.t. luxembourgeoise. Pareille
d.claration de transfert du sige social sera faite et port.e . la connaissance des tiers par lÕorgane de la Soci.t. le mieux
plac. pour ce faire suivant les circonstances.
Art. 3. Dur.e.
La Soci.t. est constitu.e pour une dur.e illimit.e.
Art. 4. Objet social.
4.1 LÕactivit. de la soci.t. consistera en la prestation de services de commissionnaire consistant de lÕaccomplissement
en son nom, mais pour le compte de ses clients, dÕop.rations financires sp.cifiques. La Soci.t. agira comme courtier
en mettant en relation des parties en vue de la conclusion dÕop.rations financires sp.cifiques. LÕactivit. de la Soci.t.
devra en tout .tat de cause rester dans les limites des articles 24 A) et 26 de la loi modifi.e du 5 avril 1993, sur le secteur
financier.
4.2. La soci.t. pourra enfin fournir . ses clients sur une base individuelle, des conseils portant sur des op.rations
financires, notamment sur des investissements.
4.3 Accessoirement, la Soci.t. pourra accomplir toutes les op.rations se rapportant directement ou indirectement .
lÕacquistion de valeurs mobilires, sous quelque forme que ce soit, ainsi que lÕadministration, la gestion, le contr.le et le
d.veloppement de ces valeurs mobilires.
Capital social - Actions
Art. 5. Capital social.
5.1 Le capital social souscrit de la Soci.t. est fix. . LUF 1.250.000,- (un million deux cent cinquante mille francs
luxembourgeois), repr.sent. par 1.250 (mille deux cent cinquante) actions dÕune valeur nominale de LUF 1.000,- (mille
francs luxembourgeois) chacune.
5.2 Le capital social de la Soci.t. peut tre augment. ou r.duit par une d.cision de lÕAssembl.e G.n.rale des Actionnaires
statuant comme en matire de changement des Statuts.
5.3 Le capital autoris. de la Soci.t. est .tabli . LUF 15.000.000,- (quinze millions de francs luxembourgeois) divis. en
15.000 (quinze mille) actions dÕune valeur nominale de LUF 1.000,- (mille francs luxembourgeois) chacune.
Le Conseil sÕadministration de la Soci.t. est autoris. et charg. de r.aliser cette augmentation de capital en une fois
ou en tranches p.riodiques end.ans un d.lai expirant au cinquime anniversaire de la publication de cet acte au
M.morial, Recueil des Soci.t.s et Associations, en ce qui concerne la partie du capital qui, . cette date, ne serait pas
encore souscrite; le Conseil dÕAdministration d.cidera lÕ.mission des actions repr.sentant cette augmentation entire
ou partielle et acceptera les souscriptions aff.rentes.
Le Conseil est .galement autoris. et charg. de fixer les conditions de toute souscription ou d.cidera lÕ.mission
dÕactions repr.sentant tout ou partie de cette augmentation au moyen de la conversion du b.n.fice net en capital et
lÕattribution p.riodique aux actionnaires dÕactions entirement lib.r.es au lieu de dividendes.
A la suite de chaque augmentation de capital r.alis.e et d.ment constat.e par le Conseil dÕAdministration dans le
cadre du capital autoris., lÕarticle cinq des statuts se trouvera modifi. de manire . correspondre . lÕaugmentation intervenue;
cette modification sera constat.e et publi.e par le Conseil dÕAdministration ou par toute personne d.sign.e par
le Conseil . cette fin.
En relation avec cette autorisation dÕaugmenter le capital social et conform.ment . lÕarticle 32-3 (5) de la loi sur les
soci.t.s commerciales, le Conseil dÕAdministration de la Soci.t. est autoris. . suspendre ou . limiter le droit de
souscription pr.f.rentiel des actionnaires existants pour la mme p.riode de cinq ans.
Art. 6. Actions.
6.1 Les actions sont nominatives.
6.2 Un registre des actions sera tenu au sige de la Soci.t., o il pourra tre consult. par chaque actionnaire. La
propri.t. des actions sera .tablie par inscription dans ledit registre.
6.3 Des certificats constatant les inscriptions dans le registre des actionnaires seront sign.s par deux administrateurs.
6.4 La Soci.t. ne reconna.t quÕun seul propri.taire par action. Dans le cas o une action viendrait . appartenir .
plusieurs personnes, la Soci.t. aura le droit de suspendre lÕexercice de tous droits y attach.s jusquÕau moment o une
personne aura .t. d.sign.e comme propri.taire unique vis-.-vis de la Soci.t.. La mme rgle sera appliqu.e en cas de
conflit entre un usufruitier et un nu-propri.taire ou entre un cr.ancier et un d.biteur gagiste.
6.5 Les sommes non-lib.r.es, le cas .ch.ant, des actions souscrites peuvent tre appel.es . tout moment et . la
discr.tion du Conseil dÕAdministration, . condition toutefois que les appels de fonds seront faits sur toutes les actions
dans la mme proportion et au mme moment. Tout arri.r. de paiement donnera de plein droit lieu . des int.rts de
retard de dix pour cent par an . partir de la date . laquelle le paiement est d. en faveur de la Soci.t..
6.6 La Soci.t. peut racheter ses propres actions dans les limites pr.vues par la loi.
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Administration - Surveillance
Art. 7. Nomination et r.vocation des administrateurs.
7.1 La Soci.t. est administr.e par un Conseil dÕAdministration comprenant trois membres au moins qui nÕont pas
besoin dÕtre des actionnaires de la Soci.t., qui seront nomm.s par lÕAssembl.e G.n.rale des Actionnaires pour un
terme ne pouvant exc.der six ans. Les administrateurs pourront tre r.voqu.s avec ou sans motifs et/ou tre remplac.s
. tout moment par une d.cision de lÕAssembl.e G.n.rale des Actionnaires.
7.2 Les administrateurs sortants sont r..ligibles.
7.3 En cas de vacance dÕun poste dÕadministrateur pour cause de d.cs, d.mission ou autrement, les administrateurs
restants peuvent se r.unir et peuvent .lire . la majorit. un administrateur pour pourvoir au remplacement du poste
vacant jusquÕ. la prochaine Assembl.e G.n.rale des Actionnaires.
Art. 8. R.union du Conseil dÕAdministration.
8.1 Le Conseil dÕAdministration peut .lire un Pr.sident parmi ses membres. Il peut d.signer un secr.taire, administrateur
ou non, qui sera en charge de la tenue des procsverbaux des r.unions du Conseil dÕAdministration.
Le Pr.sident pr.sidera toutes assembl.es dÕactionnaires et toutes r.unions du Conseil dÕAdministration. En son
absence, lÕAssembl.e G.n.rale des Actionnaires, respectivement le Conseil dÕAdministration choisira un autre administrateur
en tant que pr.sident pro tempore . la majorit. des membres.
8.2 Les r.unions du Conseil dÕAdministration sont convoqu.es par le Pr.sident ou, . son d.faut, par deux autres
membres du Conseil.
Les administrateurs sont convoqu.s s.par.ment . chaque r.union du Conseil dÕAdministration. Except. les cas
dÕurgence qui seront sp.cifi.s dans la convocation ou sur accord pr.alable de tous les membres, le d.lai de convocation
sera dÕau moins huit jours.
Les r.unions sont tenues aux lieu, jour et heure sp.cifi.s sur la convocation.
Il peut tre renonc. . la convocation avec lÕaccord de chaque administrateur donn. par lettre, t.l.fax, t.l.gramme ou
t.lex. Aucune convocation sp.ciale nÕest requise pour des r.unions tenues . une p.riode et . un endroit dans une planification
de r.unions pr.alablement adopt.e par r.solution du Conseil dÕAdministration. Aucune convocation nÕest
requise si tous les administrateurs sont pr.sents et d.clarent express.ment renoncer aux formalit.s de convocation.
Chaque administrateur peut agir . une r.union en nommant comme son mandataire un autre administrateur par
lettre, t.l.fax, t.l.gramme ou t.lex.
Un administrateur peut repr.senter un de ses collgues, . la condition toutefois quÕau moins deux administrateurs au
moins participent en personne . la r.union.
Les administrateurs peuvent participer aux r.unions du conseil par conference call ou par tout autre moyen similaire
de communication ayant pour effet que toutes les personnes participant au conseil puissent sÕentendre mutuellement.
Dans ce cas, le ou les membres concern.s seront cens.s avoir particip. en personne . la r.union.
8.3 Le Conseil dÕAdministration ne peut valablement d.lib.rer et statuer que si au moins deux membres sont pr.sents
ou repr.sent.s.
Les d.cisions sont prises . la majorit. qualifi.e de deux tiers des voix .mises.
Les r.solutions sign.es par tous les administrateurs produisent les mmes effets que les r.solutions prises . une
r.union du Conseil dÕAdministration d.ment convoqu.e et tenue. De telles signatures peuvent appara.tre sur des
documents s.par.s ou sur des copies multiples dÕune r.solution identique et peuvent r.sulter de lettres, t.l.fax ou
t.lex.
8.4 Un administrateur ayant un int.rt personnel contraire . celui de la Soci.t. dans une matire soumise . lÕaccord
du Conseil dÕAdministration sera oblig. dÕen informer le Conseil dÕAdministration et il en sera fait .tat dans le procsverbal
de la r.union. Il ne pourra participer . cette d.lib.ration du Conseil. A la prochaine Assembl.e G.n.rale des
Actionnaires, avant tout autre vote, les actionnaires seront inform.s des cas dans lesquels un administrateur avait un
int.rt personnel contraire . celui de la Soci.t..
Au cas o un quorum du Conseil dÕAdministration ne peut tre atteint . cause dÕun conflit dÕint.rts, lÕarticle 8.3
alin.a 1er ne sÕapplique pas et les d.cisions prises par la majorit. requise des autres membres du Conseil dÕAdministration
pr.sents ou repr.sent.s et votants . cette r.union seront r.put.s valables.
Aucun contrat ni aucune transaction entre la Soci.t. et une quelconque autre soci.t. ou entit. ne seront affect.s ou
invalid.s par le fait quÕun ou plusieurs des administrateurs ou directeurs de la Soci.t. ont un int.rt personnel dans, ou
sont administrateurs, associ.s, directeurs ou employ.s dÕune telle soci.t. ou entit.. Tout administrateur qui serait
administrateur, directeur ou employ. dÕune soci.t. ou entit. avec laquelle la Soci.t. contracterait ou sÕengagerait
autrement en affaires ne pourra, pour la seule raison de sa position dans cette autre soci.t. ou entit., tre empch. de
d.lib.rer, de voter ou dÕagir en relation avec un tel contrat ou autre affaire.
Art. 9. D.cisions du Conseil dÕAdministration.
9.1 Les d.lib.rations du Conseil sont constat.es par des procs-verbaux ins.r.s dans des registres sp.ciaux et sign.s
par le Pr.sident ou, . son d.faut, par deux autres membres du Conseil dÕAdministration. Toutes procurations y
resteront annexees.
9.2 Les copies ou extraits de ces procs-verbaux . produire en justice ou ailleurs sont sign.s par le Pr.sident ou par
deux autres administrateurs.
Art. 10. Pouvoirs du Conseil dÕAdministration.
10.1 Le Conseil dÕAdministration est investi des pouvoirs les plus larges dÕaccomplir tous les actes dÕadministration et
de disposition dans lÕint.rt de la Soci.t.. Tous pouvoirs non express.ment r.serv.s par la loi du 10 ao.t 1915, telle
que modifi.e, sur les soci.t.s commerciales ou par les pr.sents statuts . lÕAssembl.e G.n.rale des Actionnaires sont
de la comp.tence du Conseil dÕAdministration.
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10.2 La Soci.t. est engag.e, en toutes circonstances, vis-.-vis des tiers par la signature unique dÕun administrateur, ou
la signature unique de toute personne . laquelle de tels pouvoirs de signature ont .t. conf.r.s par le Conseil dÕAdministration
et ce dans les limites des pouvoirs qui lui auront .t. conf.r.s.
Art. 11. D.l.gation de pouvoirs.
11.1 Le Conseil dÕAdministration peut d.l.guer pour partie ses pouvoirs . un ou plusieurs de ses membres. Le
Conseil dÕAdministration ou lÕAssembl.e G.n.rale des Actionnaires peuvent par ailleurs donner des pouvoirs . un
administrateur, ou . un tiers pour des transactions d.termin.es et r.voquer de tels pouvoirs . tout moment.
1 1.2 Le Conseil dÕAdministration peut d.l.guer la gestion journalire de la Soci.t. . deux ou plusieurs d.l.gu.s . la
gestion journalire, sous la r.serve de recevoir lÕautorisation pr.alable de la part de lÕAssembl.e G.n.rale des Actionnaires,
si un membre du Conseil dÕAdministration doit tre d.l.gu. . la gestion journalire.
En ce qui concerne la gestion journalire, la Soci.t. est engag.e vis-.-vis des tiers par la signature dÕun d.l.gu. . la
gestion journalire.
Art. 12. Indemnisation.
La Soci.t. peut indemniser tout administrateur ou directeur et ses h.ritiers, ex.cuteurs et administrateurs testamentaires
pour des d.penses raisonnablement encourues par lui en rapport avec toute action, procs ou proc.dure .
laquelle il sera impliqu. en raison du fait quÕil a .t. ou quÕil est un administrateur ou directeur de la Soci.t. ou, . la
requte de toute autre soci.t. de laquelle la Soci.t. est actionnaire ou cr.ancire et de laquelle il nÕest pas en droit
dÕtre indemnis., except. en relation avec des affaires dans lesquelles il sera finalement jug. responsable de n.gligence
grave ou de mauvaise gestion; en cas dÕarrangement, lÕindemnisation sera seulement r.gl.e en relation avec les affaires
couvertes par lÕarrangement et pour lesquelles la Soci.t. obtient lÕavis dÕun conseiller que la personne qui doit tre
indemnis.e nÕa pas failli . ses devoirs de la manire vis.e ci-dessus. Le pr.c.dent droit dÕindemnisation nÕexclut pas
dÕautres droits auxquels il a droit.
Art. 13. Contr.le.
Les op.rations de la Soci.t. seront surveill.es par un r.viseur dÕentreprises. Le r.viseur dÕentreprises sera .lu par
lÕassembl.e g.n.rale annuelle des actionnaires pour une p.riode qui ne pourra pas exc.der six ann.es, et jusquÕ.
lÕ.lection de son successeur. Il pourra tre r.elu.
Le r.viseur dÕentreprises en fonction peut tre r.voqu. dans les cas pr.vus par la loi.
Assembl.es G.n.rales des Actionnaires
Art. 14. Pouvoirs de lÕAssembl.e G.n.rale des Actionnaires.
LÕAssembl.e G.n.rale des Actionnaires r.gulirement constitu.e repr.sente lÕuniversalit. des actionnaires. Elle a les
pouvoirs qui lui sont conf.r.s par la loi.
Art. 15. Assembl.e G.n.rale annuelle - Autres Assembl.es G.n.rales.
15.1 LÕAssembl.e G.n.rale annuelle se r.unit au sige social ou . un autre endroit de la commune du sige indiqu.
dans les convocations, le 30 du mois de mars . 15.00 heures.
Si ce jour est un jour f.ri., lÕassembl.e se r.unit le premier jour ouvrable qui suit, . la mme heure. LÕAssembl.e
G.n.rale annuelle peut tre tenue . lÕ.tranger si suivant lÕappr.ciation souveraine du Conseil dÕAdministration, des
circonstances exceptionnelles lÕexigent.
15.2 DÕautres Assembl.es G.n.rales des Actionnaires peuvent tre tenues aux lieux et places sp.cifi.s dans les
convocations respectives.
Art. 16. Proc.dure et vote.
16.1 Les Assembl.es G.n.rales des Actionnaires sont convoqu.es par le Conseil dÕAdministration ou, si des circonstances
exceptionnelles lÕexigent, par deux administrateurs agissant conjointement.
LÕAssembl.e G.n.rale des Actionnaires devra tre convoqu.e lorsquÕun groupe dÕactionnaires repr.sentant au moins
un cinquime du capital souscrit le requiert. Dans ce cas, les actionnaires concern.s devront sp.cifier lÕordre du jour.
16.2 Les convocations aux Assembl.es G.n.rales des Actionnaires sont faites par lettre recommand.e avec un
pr.avis dÕau moins 8 jours.
Les convocations doivent contenir lÕordre du jour de lÕassembl.e.
Chaque fois que tous les actionnaires sont pr.sents ou repr.sent.s et quÕils d.clarent avoir eu connaissance de
lÕordre du jour soumis . leurs d.lib.rations, lÕAssembl.e G.n.rale peut avoir lieu sans convocations pr.alables.
Dans les limites permises par la loi, des r.solutions dÕactionnaires peuvent tre prises valablement si elles sont
approuv.es par .crit par tous les actionnaires. De telles signatures peuvent appara.tre sur des documents s.par.s ou
sur des copies multiples dÕune r.solution identique et peuvent r.sulter de lettres, t.l.copies ou t.lex.
16.3 Tout actionnaire aura le droit de vote en personne ou par mandataire, actionnaire ou non.
Le Conseil dÕAdministration fixera les conditions requises pour prendre part aux Assembl.es G.n.rales.
16.4 Chaque action donne droit . une voix.
16.5 Except. dans les cas pr.vus par la loi, les r.solutions des Assembl.es G.n.rales d.ment convoqu.es seront
valablement prises par la majorit. simple des actionnaires pr.sents et votants, sans quÕun quorum ne soit requis.
16.6 Le pr.sident de lÕAssembl.e G.n.rale nomme un secr.taire et les actionnaires d.signent un scrutateur. Le
pr.sident, le secr.taire et le scrutateur forment le Bureau de lÕAssembl.e.
Les procs-verbaux de lÕAssembl.e G.n.rale seront sign.s par les membres du Bureau et par tout actionnaire qui en
fait la demande.
Cependant et au cas o des d.cisions de lÕAssembl.e G.n.rale doivent tre certifi.es, des copies ou extraits de ces
procs-verbaux . produire en justice ou ailleurs sont sign.s par le Pr.sident du Conseil dÕAdministration ou par deux
autres administrateurs.
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Ann.e sociale - comptes annuels - r.partition des b.n.fices
Art. 17. Ann.e sociale.
LÕann.e sociale de la Soci.t. commence le 1er janvier et finit le trente et un d.cembre de chaque ann.e.
Art. 18. Comptes annuels.
18.1 Chaque ann.e, . la fin de lÕann.e sociale, le Conseil dÕAdministration dressera les comptes annuels de la Soci.t.
dans la forme requise par la loi.
18.2 Le Conseil dÕAdministration soumettra au plus tard un mois avant lÕAssembl.e G.n.rale annuelle ordinaire le
bilan et le compte de profits et pertes ensemble avec leur rapport et les documents aff.rents tels que prescrits par la
loi, . lÕexamen du r.viseur dÕentreprises, qui r.digera sur cette base ses rapports.
18.3 Le bilan, le compte de profits et pertes, le rapport du Conseil dÕAdministration, les rapports du r.viseur dÕentreprises,
ainsi que tous les autres documents requis par la loi, seront d.pos.s au sige social de la Soci.t. au moins quinze
jours avant lÕAssembl.e G.n.rale ordinaire annuelle. Ces documents seront . la disposition des actionnaires qui
pourront les consulter durant les heures de bureau ordinaires.
Art. 19. R.partition des b.n.fices.
19.1 Le b.n.fice net est repr.sent. par le solde cr.diteur du compte des profits et pertes aprs d.duction des
d.penses g.n.rales, des charges sociales, des amortissements et provisions pour risques pass.s et futurs, tels que d.termin
.s par le Conseil dÕAdministration.
19.2 Le b.n.fice net est affect. . concurrence de cinq pour cent . la formation ou . lÕalimentation de la r.serve l.gale.
Ce pr.lvement cesse dÕtre obligatoire lorsque et aussi longtemps que la r.serve l.gale atteint dix pour cent du capital
social emis.
19.3 LÕAssembl.e G.n.rale d.cide souverainement de lÕaffectation du solde.
19.4 Les dividendes seront pay.s aux endroits et aux .poques d.termin.s par le Conseil dÕAdministration dans les
limites des d.cisions de lÕAsembl.e G.n.rale des actionnaires.
19.5 Le Conseil dÕAdministration est autoris. . distribuer des acomptes sur dividendes en observant les prescriptions
l.gales.
19.6 LÕAssembl.e G.n.rale peut d.cider dÕaffecter des b.n.fices et des r.serves distribuables au remboursement du
capital sans r.duire le capital social.
Dissolution - Liquidation
Art. 20. Dissolution.
La Soci.t. peut tre dissoute en tout temps par une d.cision de lÕAssembl.e G.n.rale prise conform.ment aux
conditions exig.es pour une modification des Statuts.
Art. 21. Liquidation.
En cas de dissolution de la Soci.t., lÕAssembl.e G.n.rale, en d.lib.rant conform.ment aux conditions exig.es pour
les modifications des Statuts, d.cidera du mode de liquidation et nommera un ou plusieurs liquidateurs et d.terminera
leurs pouvoirs.
Disposition g.n.rale
Art. 22. Pour tous les points qui ne sont pas r.gis par les pr.sents Statuts, les parties se r.frent et se soumettent
aux dispositions de la loi du 10 ao.t 1915 concernant les soci.t.s commerciales telle quÕelle a .t. modifi.e.
Dispositions transitoires
1. Le premier exercice social commence aujourdÕhui et finit le 31 d.cembre 1998.
2. La premire assembl.e g.n.rale sera tenue le 30 mars 1999.
Souscription et lib.ration
Les Statuts de la Soci.t. ayant ainsi .t. arrt.s, les comparants d.clarent quÕils souscrivent les 1.250 actions repr.-
sentant lÕint.gralit. du capital social comme suit:
1. AMBER SECURITIES CORPORATION, pr.qualifi.e: ÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉ 630 actions
2. Monsieur William P. Strong, pr.qualifi.: ÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉ 620 actions
Total: ÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉÉ 1.250 actions
Toutes ces actions ont .t. lib.r.es entirement par paiement en num.raire, de sorte que le montant de LUF
1.250.000,- est . la libre disposition de la Soci.t., ainsi quÕil a .t. prouv. au notaire instrumentaire qui le constate
express.ment.
D.claration
Le notaire soussign. d.clare avoir v.rifi. lÕexistence des conditions .num.r.es a lÕarticle 26 de la loi du 10 ao.t 1915
sur les soci.t.s commerciales, telle que modifi.e, et en constate express.ment lÕaccomplissement.
Estimation des frais
Le montant des frais, d.penses, r.mun.rations ou charges, sous quelque forme que ce soit, qui incombent . la Soci.t.
ou qui sont mis a sa charge en raison de sa constitution, est approximativement estim. . la somme de 75.000,- francs
luxembourgeois.
Assembl.e G.n.rale Extraordinaire
Les comparants pr.qualifi.s, repr.sentant lÕint.gralit. du capital social souscrit, se sont constitu.s en Assembl.e
G.n.rale Extraordinaire . laquelle ils se reconnaissent d.ment convoqu.s, et aprs avoir constat. que celle-ci est
r.gulirement constitu.e, ont pris . lÕunanimit. les r.solutions suivantes:
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1. Le nombre dÕadministrateurs est fix. . trois et celui des r.viseurs dÕentreprises est fix. . un.
2. Sont nomm.s administrateurs:
- Monsieur William Preston Strong, pr.qualifi.;
- Monsieur Michel Preston Rodney, General Securities Representative, demeurant aux Etats-Unis dÕAm.rique, 92037
La Jolla, Californie, 888 Prospect Street, Suite 330;
- Monsieur Konrad M. Reimann, conseiller ind.pendant, demeurant . L-5362 Schrassig, 9, rue St. Donat;
3. LÕassembl.e donne lÕautorisation au conseil dÕadministration conform.ment . lÕarticle 11 des statuts et . lÕarticle 60
de la loi du 10 ao.t 1915 sur les soci.t.s commerciales, telle que modifi.e, de nommer comme d.l.gu.s . la gestion
journalire, Monsieur William P. Strong et Monsieur Konrad M. Reimann;
4. ERNST & YOUNG, .tablie . L-1359 Luxembourg, rue Richard Coudenhove-Kalergi, a .t. d.sign.e comme
r.viseur dÕentreprises.
5. Le sige de la Soci.t. sera . L-2449 Luxembourg, 26, boulevard Royal.
6. Le mandat des administrateurs prend fin . lÕAssembl.e G.n.rale annuelle statuant sur les comptes de lÕexercice
1999.
7. Le mandat du commissaire aux comptes prend fin . lÕAssembl.e G.n.rale statuant sur les comptes de lÕexercice
1999.
Le notaire soussign. qui comprend et parle lÕanglais, d.clare quÕ. la requte des parties comparantes, le pr.sent acte
a .t. .tabli en anglais, suivi dÕune version franaise. A la requte de ces mmes parties comparantes, et en cas de distorsions
entre la version anglaise et franaise, la version anglaise pr.vaudra.
Dont acte, fait et pass., date quÕen tte des pr.sentes . Luxembourg.
Et aprs lecture faite au mandataire des comparants, le mandataire des comparants a sign. avec le notaire le pr.sent
acte.
Sign.: G. Dusemon, A. Schwachtgen.
Enregistr. . Luxembourg, le 19 novembre 1998, vol. 112S, fol. 42, case 11. Ð Reu 12.500 francs.
Le Receveur (sign.): J. Muller.
Pour exp.dition, d.livr.e aux fins de la publication au M.morial, Recueil des Soci.t.s et Associations.
Luxembourg, le 30 novembre 1998. A. Schwachtgen.
(50166/230/614) D.pos. au registre de commerce et des soci.t.s de Luxembourg, le 3 d.cembre 1998. |
