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.

(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;

  1. 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