IDT INTERNATIONAL LIMITED 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.
IDT INTERNATIONAL LIMITED
萬 威 國 際 有 限 公 司*
(Incorporated in Bermuda with limited liability)
(Stock Code: 167)
POLL RESULTS OF ANNUAL GENERAL MEETING
HELD ON JULY 24, 2020
The poll results in respect of the resolutions proposed at the Annual General Meeting (the "AGM") of IDT International Limited (the "Company") held on July 24, 2020 are as follows:
Resolutions | Number of Votes (Approx. %) | ||
For | Against | ||
1. | To receive and adopt the report of the directors of the | 809,133,595 | 0 |
Company for the year ended December 31, 2019. | (100.0000%) | (0.0000%) | |
2. | To receive and adopt the audited consolidated accounts | 809,133,595 | 0 |
and the report of the auditors of the Company for the year | (100.0000%) | (0.0000%) | |
ended December 31, 2019. | |||
3A. | (ii) To re-elect Mr. Zhou Meilin as independent | 808,999,195 | 134,400 |
non-executive Director of the Company. | (99.9834%) | (0.0166%) | |
(iii) To re - elect Mr . Xu Jinwen as independent | 809,133,595 | 0 | |
non-executive Director of the Company. | (100.0000%) | (0.0000%) | |
3B. | To authorize the board of directors of the Company | 809,133,595 | 0 |
("Board") or its committee to fix the remunerations of the | (100.0000%) | (0.0000%) | |
directors of the Company. | |||
4. | To consider and approve the re-appointment of Mazars | 809,133,595 | 0 |
CPA Limited as the auditors of the Company and to | (100.0000%) | (0.0000%) | |
authorize the Board to fix their remunerations. | |||
* For identification purpose only
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Resolutions | Number of Votes (Approx. %) | ||
For | Against | ||
5A. | To give a general mandate to the directors of the Company | 808,999,195 | 134,400 |
to allot, issue and deal with additional shares in the | (99.9834%) | (0.0166%) | |
Company of an amount not exceeding 20% of the total | |||
issued shares of the Company as at the date of passing this | |||
resolution. | |||
5B. | To give a general mandate to the directors of the Company | 809,133,595 | 0 |
to repurchase shares in the Company of an amount not | (100.0000%) | (0.0000%) | |
exceeding 10% of the total issued shares of the Company as | |||
at the date of passing this resolution. | |||
5C. | To extend the general mandate granted to the directors of | 808,999,195 | 134,400 |
the Company to allot, issue and deal with additional shares | (99.9834%) | (0.0166%) | |
in the Company of an amount not exceeding the amount of | |||
shares in the Company repurchased by the Company. | |||
Notes:
- Full text of the Resolution is set out in the notice of AGM (the "AGM Notice") appended to a circular to shareholders dated June 22, 2020 (the "AGM Circular").
- As stated in the announcement of the Company dated July 16, 2020, Ms. Wu Qing ("Ms. Wu"), a former non-executive director of the Company, resigned on July 16, 2020, and hence, resolution 3A(i) in respect of the re-election of Ms. Wu as a non-executive director of the Company as set out in the AGM Notice and the AGM Circular was no longer applicable and has not been put forward for consideration and approval by the shareholders of the Company at the AGM.
As a majority of the votes were cast in favour of each of the above resolutions, all the above resolutions were duly passed as ordinary resolutions of the Company at the AGM.
As at the date of the AGM, the number of issued shares of the Company was 2,599,993,088 shares, which was the total number of shares entitling the shareholders to attend and vote for or against all the resolutions proposed at the AGM. There were no restrictions on any shareholders to cast votes on any of the proposed resolutions at the AGM. There were no shares of the Company entitling the shareholders to attend and abstain from voting in favour of the resolutions at the AGM as set out in Rule 13.40 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules"). No shareholders were required under the Listing Rules to abstain from voting at the AGM. No parties have indicated in the circular containing the notice of the AGM to vote against or to abstain from voting on any resolutions at the AGM.
Mazars CPA Limited, the Company's auditors, was appointed as the scrutineer for the vote- taking at the AGM.
By Order of the Board
IDT International Limited
Zhu Yongning
Executive Director and Chief Executive Officer
Hong Kong, July 24, 2020
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As at the date of this announcement,
- The executive director is Mr. Zhu Yongning (Chief Executive Officer);
- The independent non-executive directors are Mr. Zhou Meilin, Mr. Xu Jinwen and Mr. Zhou Rui.
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IDT International Limited published this content on 24 July 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 July 2020 12:45:14 UTC
