{"id":452282,"date":"2021-03-08T06:16:42","date_gmt":"2021-03-08T11:16:42","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=452282"},"modified":"2021-03-08T06:16:42","modified_gmt":"2021-03-08T11:16:42","slug":"new-oriental-education-technology-group-inc-announces-results-of-extraordinary-general-meeting","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/new-oriental-education-technology-group-inc-announces-results-of-extraordinary-general-meeting\/","title":{"rendered":"New Oriental Education &amp; Technology Group Inc. Announces Results of Extraordinary General Meeting"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">BEIJING<\/span>, <span class=\"xn-chron\">March 8, 2021<\/span> \/PRNewswire\/ &#8212; New Oriental Education &amp; Technology Group Inc. (&#8220;New Oriental&#8221; or the &#8220;Company&#8221;) (NYSE: EDU and SEHK: 9901), the largest provider of private educational services in <span class=\"xn-location\">China<\/span>, today announced that that each of the following proposed resolutions submitted for shareholder approval have been adopted at its extraordinary general meeting of shareholders held in <span class=\"xn-location\">Beijing<\/span> today: <\/p>\n<ol type=\"1\">\n<li>as an ordinary resolution, THAT effective as of <span class=\"xn-chron\">March 10, 2021<\/span>, each common share (whether issued or unissued) of par value of <span class=\"xn-money\">US$0.01<\/span> each in the share capital of the Company be, subdivided into ten common shares, with a par value of <span class=\"xn-money\">US$0.001<\/span> each, such that following such subdivision, the authorized share capital of the Company shall be <span class=\"xn-money\">US$3,000,000<\/span> divided into 3,000,000,000 shares with a par value of <span class=\"xn-money\">US$0.001<\/span> each; <\/li>\n<li>as a special resolution, THAT subject to the dual foreign name &#8220;<span id=\"spanHghltf128\">\u65b0\u4e1c\u65b9\u6559\u80b2\u79d1\u6280\uff08\u96c6\u56e2\uff09\u6709\u9650\u516c\u53f8<\/span>&#8221; being entered in the Register of Companies by the Registrar of Companies in the <span class=\"xn-location\">Cayman Islands<\/span>, the Chinese name &#8220;<span id=\"spanHghlt53f2\">\u65b0\u4e1c\u65b9\u6559\u80b2\u79d1\u6280\uff08\u96c6\u56e2\uff09\u6709\u9650\u516c\u53f8<\/span>&#8221; be adopted as the dual foreign name of the Company; <\/li>\n<li>as a special resolution, THAT subject to the passing of the above Resolution 1 and Resolution 2, the Company&#8217;s Amended and Restated Memorandum of Association and Articles of Association (the &#8220;<b>Current M&amp;AA<\/b>&#8220;) be amended and restated by their deletion in their entirety and by the substitution in their place of the Second Amended and Restated Memorandum of Association and Articles of Association.<\/li>\n<\/ol>\n<p>\n        <b>About New Oriental<\/b>\n      <\/p>\n<p>New Oriental is the largest provider of private educational services in <span class=\"xn-location\">China<\/span> offering a wide range of educational programs, services and products to a varied student population throughout <span class=\"xn-location\">China<\/span>. New Oriental&#8217;s program, service and product offerings consist of K-12 after-school tutoring, test preparation, language training for adults, pre-school education, primary and secondary school education, education materials and distribution, online education, and other services. New Oriental is listed on NYSE (NYSE: EDU) and SEHK (9901.SEHK) respectively. New Oriental&#8217;s ADSs, each of which represents one common share. The <span class=\"xn-location\">Hong Kong<\/span>-listed shares are fully fungible with the ADSs listed on NYSE.<\/p>\n<p>For more information about New Oriental, please visit <a target=\"_blank\" href=\"http:\/\/www.neworiental.org\/english\/\" rel=\"nofollow noopener noreferrer\">http:\/\/www.neworiental.org\/english\/<\/a>. <\/p>\n<p>\n        <b>Contacts <br \/><\/b>For investor and media inquiries, please contact: <\/p>\n<p>Ms. <span class=\"xn-person\">Sisi Zhao<\/span><br \/>New Oriental Education &amp; Technology Group Inc. <br \/>Tel: +86-10-6260-5568 <br \/>Email: <a target=\"_blank\" href=\"mailto:zhaosisi@xdf.cn\" rel=\"nofollow noopener noreferrer\">zhaosisi@xdf.cn<\/a><\/p>\n<p>Ms. <span class=\"xn-person\">Rita Fong<\/span> \/ Ms. <span class=\"xn-person\">Charlotte Cheung<\/span><br \/>FTI Consulting <br \/>Tel: +852 3768 4548 \/ +852 3768 4732 <br \/>Email: <a target=\"_blank\" href=\"mailto:rita.fong@fticonsulting.com\" rel=\"nofollow noopener noreferrer\">rita.fong@fticonsulting.com<\/a> \/ <a target=\"_blank\" href=\"mailto:charlotte.cheung@fticonsulting.com\" rel=\"nofollow noopener noreferrer\">charlotte.cheung@fticonsulting.com<\/a><\/p>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=CN01650&amp;sd=2021-03-08\" \/> View original content:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/new-oriental-education--technology-group-inc-announces-results-of-extraordinary-general-meeting-301242238.html\">http:\/\/www.prnewswire.com\/news-releases\/new-oriental-education&#8211;technology-group-inc-announces-results-of-extraordinary-general-meeting-301242238.html<\/a><\/p>\n<p>SOURCE  New Oriental Education and Technology Group Inc.<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=CN01650&amp;Transmission_Id=202103080605PR_NEWS_USPR_____CN01650&amp;DateId=20210308\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire BEIJING, March 8, 2021 \/PRNewswire\/ &#8212; New Oriental Education &amp; Technology Group Inc. (&#8220;New Oriental&#8221; or the &#8220;Company&#8221;) (NYSE: EDU and SEHK: 9901), the largest provider of private educational services in China, today announced that that each of the following proposed resolutions submitted for shareholder approval have been adopted at its extraordinary general meeting of shareholders held in Beijing today: as an ordinary resolution, THAT effective as of March 10, 2021, each common share (whether issued or unissued) of par value of US$0.01 each in the share capital of the Company be, subdivided into ten common shares, with a par value of US$0.001 each, such that following such subdivision, the authorized share capital of the Company shall be &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/new-oriental-education-technology-group-inc-announces-results-of-extraordinary-general-meeting\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;New Oriental Education &amp; Technology Group Inc. Announces Results of Extraordinary General Meeting&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-452282","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>New Oriental Education &amp; Technology Group Inc. Announces Results of Extraordinary General Meeting - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/new-oriental-education-technology-group-inc-announces-results-of-extraordinary-general-meeting\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"New Oriental Education &amp; Technology Group Inc. Announces Results of Extraordinary General Meeting - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire BEIJING, March 8, 2021 \/PRNewswire\/ &#8212; New Oriental Education &amp; Technology Group Inc. (&#8220;New Oriental&#8221; or the &#8220;Company&#8221;) (NYSE: EDU and SEHK: 9901), the largest provider of private educational services in China, today announced that that each of the following proposed resolutions submitted for shareholder approval have been adopted at its extraordinary general meeting of shareholders held in Beijing today: as an ordinary resolution, THAT effective as of March 10, 2021, each common share (whether issued or unissued) of par value of US$0.01 each in the share capital of the Company be, subdivided into ten common shares, with a par value of US$0.001 each, such that following such subdivision, the authorized share capital of the Company shall be &hellip; Continue reading &quot;New Oriental Education &amp; Technology Group Inc. 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(&#8220;New Oriental&#8221; or the &#8220;Company&#8221;) (NYSE: EDU and SEHK: 9901), the largest provider of private educational services in China, today announced that that each of the following proposed resolutions submitted for shareholder approval have been adopted at its extraordinary general meeting of shareholders held in Beijing today: as an ordinary resolution, THAT effective as of March 10, 2021, each common share (whether issued or unissued) of par value of US$0.01 each in the share capital of the Company be, subdivided into ten common shares, with a par value of US$0.001 each, such that following such subdivision, the authorized share capital of the Company shall be &hellip; Continue reading \"New Oriental Education &amp; Technology Group Inc. 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