Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

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