Teckwah Industrial : Replacement Announcement on Resolutions Passed at the 2020 Annual General Meeting Held by Electronic Means for FY2019

Issuer & Securities

Issuer/ Manager

TECKWAH INDUSTRIAL CORPORATION LTD

Security

TECKWAH INDUSTRIAL CORP LTD - SG0561000464 - 561

Announcement Details

Announcement Title

Annual General Meeting

Date &Time of Broadcast 30-Jun-2020 18:00:04

Status

Replacement

Announcement Reference

SG200527MEETLSR1

Submitted By (Co./ Ind. Name)

Lo Swee Oi

Designation

CREoPmLp:a:AnNy NSeUcAreLtaGrEyNERAL MEETING::VOLUNTARY

Financial Year End 31/12/2019

Event Narrative

Narrative TypeNarrative Text

Additional Text

A replacement announcement re: Resolutions passed at the AGM held by electronic means on 18 June 2020 is attached to correct the information pertaining to the entity that has voluntarily abstained from voting on Resolutions 10 and 12, under item (b) Details of parties who are required to abstain from voting on any resolutions.

Event Dates

Meeting Date and Time 18/06/2020 10:00:00

Response Deadline Date 15/06/2020 10:00:00

Event Venue(s)

Place

Venue(s)	Venue details
Meeting Venue	The AGM will be held by electronic means on Thursday, 18 June 2020 at 10.00 a.m. (Singapore Time) . Shareholders will not be able to attend the AGM in person.

Attachments

ResoPassed2020AGM_Revised.pdf

Total size =359K MB

Related Announcements

Related Announcements

18/06/2020 17:36:33 17/06/2020 07:44:06 27/05/2020 07:40:58

(A)

Resolutions Passed at the Annual General Meeting ("AGM")

Pursuant to Rule 704(16) of the Listing Manual of the Singapore Exchange Securities Trading Limited ("SGX- ST"), the Board of Directors of Teckwah Industrial Corporation Ltd (the "Company") is pleased to announce that all the resolutions set out in the Notice of AGM dated 27 May 2020 were duly approved and passed by the shareholders of the Company at the AGM convened by way of electronic means on 18 June 2020 at 10.00 a.m.

The results of the poll on each of the resolutions put to the vote at the AGM are set out below:

Resolution number and details	Total number of shares represented by votes for and against the relevant resolution	For		Against
		Number of shares	As a percentage of total number of votes for and against the resolution (%)	Number of shares	As a percentage of total number of votes for and against the resolution (%)
As Ordinary Business
Resolution 1 Adoption of Directors' Statement and Audited Financial Statements for the year ended 31 December 2019	161,940,716	161,940,716	100.00%	0	0.00%
Resolution 2 Declaration of final one-tier tax-exempt dividend of 1.0 Singapore cent per ordinary share in respect of the financial year ended 31 December 2019	161,940,716	161,940,716	100.00%	0	0.00%
Resolution 3 Re-election of Ms Mai Ah Ngo as a Director	161,940,716	147,719,216	91.22%	14,221,500	8.78%
Resolution 4 Re-election of Mr Peter Chan Pee Teck as a Director	161,940,716	146,475,016	90.45%	15,465,700	9.55%

Resolution number and details	Total number of shares represented by votes for and against the relevant resolution	For		Against
		Number of shares	As a percentage of total number of votes for and against the resolution (%)	Number of shares	As a percentage of total number of votes for and against the resolution (%)
As Ordinary Business
Resolution 5 Re-election of Mr John Lim Hwee Chiang as a Director	161,940,716	146,475,016	90.45%	15,465,700	9.55%
Resolution 6 Re-appointment of Deloitte & Touche LLP as Auditors for the ensuing year and authorise the Directors to fix their remuneration	161,940,716	160,696,516	99.23%	1,244,200	0.77%
Resolution 7 Approval of proposed Directors' fees of $244,000 for the year ended 31 December 2019	161,940,716	161,381,516	99.65%	559,200	0.35%
As Special Business
Resolution 8 Authority to issue additional shares pursuant to Section 161 of the Companies Act, Cap. 50	161,940,716	147,650,816	91.18%	14,289,900	8.82%
Resolution 9 Continued Appointment of Mr Peter Chan Pee Teck, as an independent director, for purposes of Rule 210(5)(d)(iii)(A) of the Listing Manual of the SGX-ST	126,910,016	111,444,316	87.81%	15,465,700	12.19%
Resolution 10 Continued Appointment of Mr Peter Chan Pee Teck, as an independent director, for purposes of Rule 210(5)(d)(iii)(B) of the Listing Manual of the SGX-ST	51,778,036	36,312,336	70.13%	15,465,700	29.87%
Resolution number and details	Total number of shares represented by votes for and against the relevant resolution	For		Against
		Number of shares	As a percentage of total number of votes for and against the resolution (%)	Number of shares	As a percentage of total number of votes for and against the resolution (%)
As Special Business
Resolution 11 Continued Appointment of Mr John Lim Hwee Chiang, as an independent director, for purposes of Rule 210(5)(d)(iii)(A) of the Listing Manual of the SGX-ST	126,910,016	111,444,216	87.81%	15,465,700	12.19%
Resolution 12 Continued Appointment of Mr John Lim Hwee Chiang, as an independent director, for purposes of Rule 210(5)(d)(iii)(B) of the Listing Manual of the SGX-ST	51,778,036	36,312,336	70.13%	15,465,700	29.87%

(B)Details of parties who are required to abstain from voting on any resolutions

In compliance with Rule 210(5)(d)(iii)(B) of the Listing Manual of the SGX-ST, the following Directors of the Company and their respective associates (as defined in the Listing Manual of the SGX-ST), have abstained from voting on Resolutions 10 and 12:

Name	Number of Shares
Mr Thomas Chua Kee Seng	1,900,000
Mr Ng Nai Ping	780,000
Ms Mai Ah Ngo	792,000
Mr John Lim Hwee Chiang	140,000
Rockville Holdings Pte Ltd	1,808,000
Mr Chua Kee Hin	40,000

In addition, the following entity has voluntarily abstained from voting on Resolutions 10 and 12:

Name	Number of Shares
Chua Seng Tek Holdings Pte Ltd	69,811,980

Other than Resolutions 10 and 12, there were no parties who are required to abstain from voting on any resolutions put to the vote at the AGM.