Tungtex : POLL RESULT OF THE EXTRAORDINARY GENERAL MEETING HELD ON 31 JANUARY 2020 IN RELATION TO MAJOR TRANSACTION

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TUNGTEX (HOLDINGS) COMPANY LIMITED

同 得 仕（ 集 團 ）有 限 公 司

(Incorporated in Hong Kong with limited liability)

(Stock Code: 00518)

POLL RESULT OF THE EXTRAORDINARY GENERAL MEETING

HELD ON 31 JANUARY 2020 IN RELATION TO

MAJOR TRANSACTION

Reference is made to the circular (the "Circular") and the notice (the "EGM Notice") of the extraordinary general meeting (the "EGM") of Tungtex (Holdings) Company Limited (the "Company"), both dated 8 January 2020. Unless otherwise specified, capitalised terms used in this announcement shall have the same meanings as those defined in the Circular.

POLL RESULT OF THE EGM

The Board is pleased to announce that the ordinary resolution as set out in the EGM Notice (the "Ordinary Resolution") was duly passed by the Shareholders at the EGM by way of poll and the result is as follows: -

As more than 50% of the votes from the Shareholders who attended and voted at the EGM were cast in favour of the Ordinary Resolution, the Ordinary Resolution was duly passed as an ordinary resolution of the Company by way of poll at the EGM.

Notes:

1. The full text of the Ordinary Resolution was set out in the EGM Notice.
2. The number and percentage of votes are based on the total number of Shares held by the Shareholders who voted at the EGM in person, by authorised corporate representative(s) or by proxy(ies).

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As at the date of the EGM, the total number of issued Shares was 451,567,557, representing the total number of Shares entitling the Shareholders to attend and vote for or against the Ordinary Resolution.

No Shareholder was required to abstain from voting on the Ordinary Resolution at the EGM. There was no Share entitling the Shareholders to attend and abstain from voting in favour of the Ordinary Resolution according to Rule 13.40 of the Listing Rules.

No Shareholder had indicated in the Circular his/her/its intention to vote against or to abstain from voting on the Ordinary Resolution at the EGM.

Tricor Secretaries Limited, the Company's share registrar and transfer office, was appointed as the scrutineer at the EGM for the purpose of vote-taking.

For and on behalf of the Board

Tungtex (Holdings) Company Limited

Martin Tung Hau Man

Chairman

Hong Kong, 31 January 2020

As at the date of this announcement, the executive directors of the Company are Mr. Martin Tung Hau Man, Mr. Raymond Tung Wai Man, Mr. Billy Tung Chung Man; and the independent non-executive directors are Mr. Tony Chang Chung Kay, Mr. Robert Yau Ming Kim, Mr. Leslie Chang Shuk Chien and Mr. Kenneth Yuen Ki Lok.

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