Petro king Oilfield Services : Announcements and Notices - NOTICE OF EXTRAORDINARY GENERAL MEETING

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PETRO-KING OILFIELD SERVICES LIMITED

百勤油田服務有限公司

(Incorporated in the British Virgin Islands with limited liability)

(Stock Code: 2178)

NOTICE OF EXTRAORDINARY GENERAL MEETING

NOTICE IS HEREBY GIVEN that the extraordinary general meeting (the "EGM") of Petro-king Oilfield Services Limited (the "Company") will be held at 17th Floor, Tower 2, Silvercord, 30 Canton Road, Tsim Sha Tsui, Kowloon, Hong Kong on Thursday, 31 December 2020 at 2:00 p.m. for the purpose of considering and, if thought fit, passing with or without amendments, the following resolution as ordinary resolution of the Company:

ORDINARY RESOLUTION

1. "THAT BDO Limited be and is hereby appointed as the auditor of the Company and to hold office until the conclusion of the next annual general meeting of the Company, and the board of directors of the Company be and is hereby authorised to fix its remuneration."

By Order of the Board

Petro-king Oilfield Services Limited

Wang Jinlong

Chairman

Hong Kong, 10 December 2020

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Registered office:	Principal place of business
Commerce House	in Hong Kong:
Wickhams Cay 1	Suite 1603A, 16/F
P.O. Box 3140	Tower 1, Silvercord
Road Town, Tortola	30 Canton Road
British Virgin Islands	Kowloon, Hong Kong
VG1110

Notes:

1. The register of members of the Company will be closed from Monday, 28 December 2020 to Thursday, 31 December 2020, both dates inclusive, during which period no transfer of shares will be registered. In order to attend the EGM, all transfer of shares, accompanied by the relevant share certificates and transfer forms, must be lodged with the Company's branch share registrar in Hong Kong, Computershare Hong Kong Investor Services Limited at Shops 1712-1716, 17th Floor, Hopewell Centre, 183 Queen's Road East, Wanchai, Hong Kong for registration not later than 4:30 p.m. on Thursday, 24 December 2020.
2. Any member of the Company entitled to attend and vote at the EGM shall be entitled to appoint a proxy to attend and vote instead of him/her. A proxy need not be a member of the Company. A member who is the holder of two or more shares of the Company may appoint more than one proxy to represent him/her to attend and vote on his/her behalf. If more than one proxy is so appointed, the appointment shall specify the number and class of shares in respect of which each such proxy is so appointed.
3. To be valid, a form of proxy and the power of attorney or other authority (if any) under which it is signed or a notarially certified copy thereof, must be lodged at the Company's branch share registrar in Hong Kong, Computershare Hong Kong Investor Services Limited at 17M Floor, Hopewell Centre, 183 Queen's Road East, Wanchai, Hong Kong as soon as possible but in any event not less than 48 hours before the time appointed for the holding of the EGM or any adjournment thereof (as the case may be).
4. Completion and delivery of the form of proxy shall not preclude members from attending and voting in person at the EGM or any adjournment thereof (as the case may be) should they so wish, and in such event, the form of proxy previously submitted by such member(s) shall be deemed to be revoked.
5. Where there are joint registered holders of any share(s) of the Company, any one of such persons may vote at any meeting, either in person or by proxy, in respect of such share(s) as if he/she was solely entitled thereto; but if more than one of such joint holders are present at the meeting personally or by proxy, the vote of that one of the said persons so present whose name stands first on the register of members of the Company in respect of such share(s) shall be accepted to the exclusion of the votes of the other joint holders.

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PRECAUTIONARY MEASURES AT THE EGM

In light of the recent developments of the COVID-19 pandemic, the Company strongly recommends the shareholders of the Company to appoint the chairman of the EGM as their proxy to vote on the resolution as they have indicated in their forms of proxy on their behalf, instead of attending the EGM in person. The forms of proxy have been despatched to shareholders and may also be downloaded from the Company's website (www.petro-king.cn) or the website of the Stock Exchange of Hong Kong Limited (www.hkexnews.hk). To be valid, forms of proxy must be deposited at the branch share registrar of the Company in Hong Kong, Computershare Hong Kong Investor Services Limited, at 17M Floor, Hopewell Centre, 183 Queen's Road East, Wanchai, Hong Kong not less than 48 hours before the EGM or any adjournment thereof.

Taking into consideration the guidelines issued by the Government of the Hong Kong Special Administrative Region and the Joint Statement dated 1 April 2020 made by the Securities and Futures Commission and The Stock Exchange of Hong Kong Limited in relation to General Meetings in light of the Prevention and Control of Disease (Prohibition on Group Gathering) Regulation, the Company will implement the following preventive measures at the EGM to protect attending shareholders from the risk of infection:

• Compulsory body temperature check will be conducted for every shareholder or proxy at the entrance of the venue.
• Every shareholder or proxy is required to wear surgical face mask throughout the meeting.
• No refreshments will be served.

Any person who does not comply with the above precautionary measures may be denied entry into the EGM venue.

As at the date of this notice, the executive directors of the Company are Mr. Wang Jinlong and Mr. Zhao Jindong; the non-executive directors of the Company are Mr. Lee Tommy and Ms. Ma Hua; and the independent non-executive directors of the Company are Mr. Leung Lin Cheong, Mr. Tong Hin Wor and Mr. Xin Junhe.

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