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November 6, 2012
06:28 EDTVIT, HSFTVanceInfo shareholders approve merger with HiSoft Technology
VanceInfo Technologies (VIT) announced that, at the extraordinary general meeting of the company's shareholders, or EGM, held earlier, shareholders voted in favor of, among other things, the proposal to authorize and approve the previously announced merger agreement dated Aug. 10, as amended by the amendment dated Aug. 31, by and among HiSoft Technology International (HSFT). VanceInfo, Chemistry Merger Sub Inc. and Chemistry Merger Sub II Inc., the plan of merger in the form attached as Annex A to the Merger Agreement, and the transaction contemplated thereby. Based on the final tabulation, over 98% of the ordinary shares of the Company present in person or by proxy at the EGM voted "FOR" the resolution to authorize and approve the Merger Agreement, the Plan of Merger and the Merger, which was therefore passed as a special resolution.
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