Focus Media Announces Shareholder Resolutions Adopted at 2012 Annual General
SHANGHAI, Dec. 10, 2012
SHANGHAI, Dec. 10, 2012 /PRNewswire/ -- Focus Media Holding Limited (Nasdaq:
FMCN) today announced the shareholder resolutions adopted at its annual
general meeting of shareholders held in Shanghai on December 10, 2012.
Focus Media shareholders adopted the following resolutions proposed by the
1.to approve the re-election of Mr. Daqing Qi to serve on the board of
directors for a further three year term or until such director's successor
is elected and duly qualified;
2.to receive the audited consolidated financial statements of the Company
for the fiscal year ended December 31, 2011;
3.to approve the 2013 Employee Share Option Plan and the authorization of
officers to allot, issue or deliver shares pursuant to the 2013 Employee
Share Option Plan; and
4.to ratify the appointment of Deloitte Touche Tohmatsu (the relevant office
of which shall be decided at the discretion of the board of directors) as
independent auditors of the Company for the fiscal year ending December
For more detailed information regarding these resolutions, please review the
2012 Annual General Meeting Notice posted at http://ir.focusmedia.cn.
SAFE HARBOR: FORWARD-LOOKING STATEMENTS
This press release includes statements that may constitute forward-looking
statements made pursuant to the safe harbor provision of the Private
Securities Litigation Reform Act of 1995. These forward-looking statements can
be identified by terminology such as "will," "expects," "anticipates,"
"future," "intends," "plans," "believes," "estimates" and similar statements.
Focus Media may also make written or oral forward-looking statements in its
periodic reports to the U.S. Securities and Exchange Commission on forms 20-F
and 6-K, in its annual report to shareholders, in press releases and other
written materials and in oral statements made by its officers, directors or
employees to third parties. Statements that are not historical facts,
including statements about Focus Media's beliefs and expectations, are
forward-looking statements. Forward-looking statements involve inherent risks
and uncertainties that could cause actual results to differ materially from
the forward-looking statements. A number of important factors could cause
actual results to differ materially from those contained in any
forward-looking statement. Potential risks and uncertainties include, but are
not limited to, risks outlined in Focus Media's filings with the U.S.
Securities and Exchange Commission, including its registration statements on
Form F-1, F-3 and 20-F, in each case as amended. Focus Media does not
undertake any obligation to update any forward-looking statement, except as
required under applicable law.
This release is not an offer of securities for sale in the United States.
Securities may not be offered or sold in the United States absent registration
or an exemption from registration. Any public offering of securities to be
made in the United States will be made by means of a prospectus that may be
obtained from the issuer or selling security holder and that will contain
detailed information about the company and management, as well as financial
ABOUT FOCUS MEDIA HOLDING LIMITED
Focus Media Holding Limited (Nasdaq: FMCN) operates China's largest lifestyle
targeted interactive digital media network. The Company offers one of the most
comprehensive targeted interactive digital media platforms aimed at Chinese
consumers at various urban locations. The increasingly fragmented and mobile
lifestyle of Chinese urban consumers has created the need for more efficient
media means to capture consumer attention. Focus Media's mission is to build
an increasingly comprehensive and measurable interactive urban media network
that reaches consumers at various out-of-home locations.
SOURCE Focus Media Holding Limited
Contact: Jing Lu, +86-21-2216-4155, email@example.com
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