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BaWang International (Group) Holding Limited
霸王國際(集團)控股有限公司*
(Incorporated in the Cayman Islands with limited liability)
(Stock Code: 01338)
POLL RESULTS OF THE ANNUAL GENERAL MEETING
HELD ON 31 May 2019
The Board is pleased to announce that all Ordinary Resolutions set out in the AGM Notice were duly passed by the Shareholders at the Annual General Meeting held on 31 May 2019 by way of poll voting.
Reference is made to the circular of BaWang International (Group) Holding Limited (the "Company") dated 26 April 2019 (the "Circular") and the ordinary resolutions set out in the Notice of Annual General Meeting (the "AGM Notice"), which were dispatched to the Shareholders on 26 April 2019.
Unless otherwise defined herein, capitalised terms used herein shall have the same meanings as those defined in the Circular.
POLL RESULTS OF THE ANNUAL GENERAL MEETING (the "AGM")
Pursuant to the Listing Rules, voting at general meetings of the Company must be taken by poll except where the chairman, in good faith, decides to allow a resolution which relates purely to a procedural or administrative matter to be voted on by a show of hands. Accordingly, at the Annual General Meeting, votes for all the ordinary resolutions as set out in the AGM Notice were taken by poll.
W.K. Pang & Co., a firm of practising accountants in Hong Kong, acted as the scrutineer for the poll voting.
The poll results are as follows:
Number of Votes | |||
Ordinary Resolution | (Approximate %) | ||
For | Against | ||
1 | To receive and consider the audited financial statements and | 2,137,906,000 | |
the reports of the directors of the Company (the | Nil | ||
"Director(s)") and auditors of the Company, for the year | (100%) | ||
ended 31 December 2018. | |||
2 | (A) (i) To re-elect Mr. CHEN Qi Yuan as executive | 2,137,906,000 | |
Nil | |||
Director; | |||
(100%) | |||
(ii) To re-elect Mr. WONG Sin Yung as executive | 2,137,906,000 | ||
Director; | Nil | ||
(100%) | |||
(iii)To re-elect Mr. CHEUNG Kin Wing as an | 2,137,906,000 | ||
independent non-executive Director; and | Nil | ||
(100%) | |||
(B) To authorise the board (the "Board") of Directors to | 2,137,906,000 | ||
determine the directors' remuneration. | Nil | ||
(100%) | |||
3 | To re-appoint SHINEWING (HK) CPA Limited as Auditors | 2,137,906,000 | |
and authorise the Board to determine their remuneration. | Nil | ||
(100%) | |||
4 | (A) To grant a general mandate to the Directors to allot, | 2,137,906,000 | |
issue and deal with shares of the Company not exceeding | |||
20% of the aggregate nominal amount of the issued share | (100%) | Nil | |
capital of the Company as at the date of passing this | |||
resolution. | |||
(B) To grant a general mandate to the Directors to | 2,137,906,000 | ||
repurchase shares of the Company not exceeding 10% of the | |||
aggregate nominal amount of the issued share capital of the | (100%) | Nil | |
Company as at the date of passing this resolution. | |||
(C) Subject to the passing of the ordinary resolution | 2,137,906,000 | ||
numbered 4A and 4B above, to extend the general mandate | |||
granted to the Directors to issue shares of the Company by | (100%) | Nil | |
the aggregate nominal amount of shares repurchased by the | |||
Company. | |||
Note: The full text of the resolution numbers 4.(A) to 4.(C) are set forth in the Notice.
All the ordinary resolutions were duly passed at the AGM.
As at the date of the AGM, the number of issued Shares was 3,162,440,720, which was the total number of Shares entitling the Shareholders to attend and vote for or against the ordinary resolutions proposed at the AGM.
There were no restrictions on any Shareholder to cast votes on any of the ordinary resolutions proposed at the AGM.
By order of the Board
BaWang International (Group) Holding Limited
CHEN Qiyuan
Chairman
Hong Kong, 31 May 2019
As at the date of this announcement, the board of directors of the Company comprises three executive Directors, namely, Mr. CHEN Qiyuan, Mr. CHEN Zheng He and Mr. WONG Sin Yung, and three independent non-executive Directors, namely, Dr. NGAI Wai Fung, Dr. WANG Qi and Mr. CHEUNG Kin Wing.
*For identification purpose only
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BaWang International (Group) Holding Limited published this content on 31 May 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 31 May 2019 09:33:01 UTC