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(Incorporated in the Cayman Islands with limited liability)
(Stock Code : 00423)
Poll Results of Annual General Meeting Held on 6 August 2020
At the annual general meeting of Hong Kong Economic Times Holdings Limited (the "Company") held on 6 August 2020 (the "AGM"), a poll was demanded by the Chairman for voting on all the proposed resolutions as set out in the Notice of AGM dated 3 July 2020.
Tricor Investor Services Limited, the Company's branch share registrar in Hong Kong, was appointed as the scrutineer for the vote-taking at the AGM.
As at the date of the AGM, the total number of issued shares of the Company was 431,600,000, which was the total number of shares entitling the holders to attend and vote for or against all the resolutions at the AGM. There was no restriction on any shareholder to cast votes on any of the proposed resolutions at the AGM.
The poll results in respect of the resolutions are set out as follows:
Resolutions | No. of Votes (%) | ||
For | Against | ||
1. | To receive and adopt the Audited Financial | 299,740,153 | 0 |
Statements and the Directors' Report and | (100.00%) | (0.00%) | |
Independent Auditor's Report for the year ended 31 | |||
March 2020. | |||
As more than 50% of the votes were cast in favour of this resolution, the resolution was | |||
duly passed as an ordinary resolution. | |||
2. | To declare a final dividend of HK 5.0 cents per share | 299,740,153 | 0 |
for the year ended 31 March 2020. | (100.00%) | (0.00%) | |
As more than 50% of the votes were cast in favour of this resolution, the resolution was | |||
duly passed as an ordinary resolution. | |||
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Resolutions | No. of Votes (%) | ||
For | Against | ||
3(a). | To re-elect Ms. See Sau Mei Salome as Executive | 299,740,153 | 0 |
Director. | (100.00%) | (0.00%) | |
As more than 50% of the votes were cast in favour of this resolution, the resolution was | |||
duly passed as an ordinary resolution. | |||
3(b). | To re-elect Mr. Chan Cho Biu as Executive Director. | 299,740,153 | 0 |
(100.00%) | (0.00%) | ||
As more than 50% of the votes were cast in favour of this resolution, the resolution was | |||
duly passed as an ordinary resolution. | |||
3(c). | To re-elect Ms. Wong Ching as Executive Director. | 299,740,153 | 0 |
(100.00%) | (0.00%) | ||
As more than 50% of the votes were cast in favour of this resolution, the resolution was | |||
duly passed as an ordinary resolution. | |||
3(d). | To re-elect Mr. Chow On Kiu as Independent | 299,740,153 | 0 |
Non-executive Director. | (100.00%) | (0.00%) | |
As more than 50% of the votes were cast in favour of this resolution, the resolution was | |||
duly passed as an ordinary resolution. | |||
3(e). | To re-elect Mr. O'Yang Wiley as Independent | 299,740,153 | 0 |
Non-executive Director. | (100.00%) | (0.00%) | |
As more than 50% of the votes were cast in favour of this resolution, the resolution was | |||
duly passed as an ordinary resolution. | |||
4. | To authorise the Board of Directors to fix the | 270,194,153 | 29,546,000 |
Directors' remuneration. | (90.14%) | (9.86%) | |
As more than 50% of the votes were cast in favour of this resolution, the resolution was | |||
duly passed as an ordinary resolution. | |||
5. | To re-appoint PricewaterhouseCoopers as the | 299,740,153 | 0 |
Company's Independent Auditor and authorise the | (100.00%) | (0.00%) | |
Board of Directors to fix his remuneration. | |||
As more than 50% of the votes were cast in favour of this resolution, the resolution was | |||
duly passed as an ordinary resolution. | |||
6. | To grant a general mandate to the Directors to allot, | 268,270,153 | 31,470,000 |
issue and deal with additional ordinary shares of the | (89.50%) | (10.50%) | |
Company not exceeding 20% of the aggregate | |||
number of issued shares of the Company. | |||
As more than 50% of the votes were cast in favour of this resolution, the resolution was | |||
duly passed as an ordinary resolution. | |||
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Resolutions | No. of Votes (%) | |||
For | Against | |||
7. | To grant a general mandate to the Directors to buy back | 299,740,153 | 0 | |
shares of the Company not exceeding 10% of the | (100.00%) | (0.00%) | ||
aggregate number of issued shares of the Company. | ||||
As more than 50% of the votes were cast in favour of this resolution, the resolution was | ||||
duly passed as an ordinary resolution. | ||||
On Behalf of the Board | ||||
Hong Kong Economic Times Holdings Limited | ||||
Fung Siu Por, Lawrence | ||||
Chairman | ||||
Hong Kong, 6 August 2020 |
As at the date of this announcement, the Board comprises: (a) Executive Directors: Mr. Fung Siu Por, Lawrence, Ms. See Sau Mei Salome, Mr. Chan Cho Biu and Ms. Wong Ching;
- Non-executiveDirector: Mr. Chu Yu Lun; and (c) Independent Non-executive Directors: Mr. Chow On Kiu, Mr. Lo Foo Cheung and Mr. O'Yang Wiley.
This announcement is published on the websites of Hong Kong Exchanges and Clearing Limited (www.hkexnews.hk) and of the Company (www.hketgroup.com and www.etnet.com.hk/etg).
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Hong Kong Economic Times Holdings Ltd. published this content on 06 August 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 06 August 2020 09:03:28 UTC