HONG KONG, October 15, 2012 - Le Gaga Holdings Limited
(NASDAQ: GAGA) ("Le Gaga" or "the Company"), a leading
greenhouse vegetable producer in China, today announced
that it held its 2012 annual general meeting of shareholders
on October 15, 2012. Each of the proposals submitted for
shareholders' approval was approved.
Specifically, the shareholders approved:
1. to re-elect Mr. Jin Li and Mr. Neil Nanpeng Shen as
directors of the Company;
2. to ratify the appointment of KPMG as the Company's
independent registered public accounting
firm for the fiscal year ending June 30, 2013; and
3. to authorize Mr. Shing Yung Ma to take any and every
action that might be necessary to effect the foregoing
resolutions as he, in his absolute discretion, thinks fit.
Le Gaga is a leading greenhouse vegetable producer in China.
The Company sells and markets greenhouse vegetables such as
peppers, tomatoes, cucumbers and eggplants, as well as green
leafy vegetables to wholesalers, institutional customers and
supermarkets in China and Hong Kong. The Company has
successfully built a trusted brand among its customers.
The Company currently operates farms in the Chinese provinces
of Fujian, Guangdong and Hebei. Leveraging its large-scale
greenhouses, proprietary horticultural know-how and
comprehensive database, the Company specializes in producing
and selling high-quality, off-season vegetables during the
winter months.
For further information, please contact: PRChina
Jane Liu Henry Chik
Tel: (852) 2522 1838 Tel: (852) 2522 1368
Email: jliu@prchina.com.hk Email: hchik@prchina.com.hk
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