SINGAPORE TECHNOLOGIES ENGINEERING LTD

Incorporated in the Republic of Singapore

(Company Registration No. 199706274H)

ANNOUNCEMENT PURSUANT TO

RULE 704(16) OF THE SGX LISTING MANUAL

ANNOUNCEMENT ON RESOLUTIONS PASSED AT THE

27TH ANNUAL GENERAL MEETING

Singapore Technologies Engineering Ltd (the "Company") is pleased to announce, in accordance with Rule 704(16) of the Listing Manual of the Singapore Exchange Securities Trading Limited, that:-

RESULTS OF AGM

At the 27th Annual General Meeting ("AGM") of the Company held at 2.30 p.m. today, the Resolutions relating to the following matters as set out in the Notice of the AGM dated 28 March 2024 were put to the Meeting and duly passed on poll vote:-

Resolution Number and Details

Total Number

For

Against

of Shares

Represented by

Number of

As a

Number of

As a percentage

Votes For and

Shares

percentage

Shares

of total number

Against the

of total number

of votes for and

Relevant

of votes for and

against the

Resolution

against the

resolution

resolution (%)

(%)

ROUTINE BUSINESS

Ordinary Resolution 1

2,351,048,745

2,350,936,740

100.00*

112,005

0**

Adoption of Directors' Statement,

Audited Financial Statements for

the financial year ended 31

December 2023 and Auditors'

Report thereon

Ordinary Resolution 2

2,351,716,673

2,350,677,408

99.96

1,039,265

0.04

Approval of a final ordinary tax

exempt (one-tier) dividend of 4.0

cents per share for the financial

year ended 31 December 2023

Ordinary Resolution 3

2,347,138,638

2,256,637,459

96.14

90,501,179

3.86

Re-election of Mr Lim Chin Hu as

Director

Ordinary Resolution 4

2,351,327,666

2,327,664,105

98.99

23,663,561

1.01

Re-election of Ms Ng Bee Bee

(May) as Director

Ordinary Resolution 5

2,351,339,466

1,931,045,222

82.13

420,294,244

17.87

Re-election of Mr Ong Su Kiat

Melvyn as Director

* Rounding Off

** Not meaningful

1

Resolution Number and Details

Total Number of

For

Against

Shares

Represented by

Number of

As a

Number of

As a

Votes For and

Shares

percentage

Shares

percentage

Against the

of total

of total number

Relevant

number of

of votes for and

Resolution

votes for and

against the

against the

resolution

resolution (%)

(%)

Ordinary Resolution 6

2,351,407,757

2,277,372,713

96.85

74,035,044

3.15

Re-election of VADM Aaron Beng

Yao Cheng as Director

Ordinary Resolution 7

2,351,316,766

2,317,603,868

98.57

33,712,898

1.43

Re-election of Ms Neo Gim Huay

as Director

Ordinary Resolution 8

2,350,680,683

2,347,892,449

99.88

2,788,234

0.12

Approval of the sum of up to

S$2,500,000 as Directors'

remuneration for the financial

year ending 31 December 2024

Ordinary Resolution 9

2,351,189,161

2,351,003,683

99.99

185,478

0.01

Re-appointment of

PricewaterhouseCoopers LLP as

the Auditor of the Company and

to authorise the Directors to fix its

remuneration

SPECIAL BUSINESS

Ordinary Resolution 10

2,351,323,785

2,221,776,525

94.49

129,547,260

5.51

Authority for Directors to issue

shares and to make or grant

convertible instruments

Ordinary Resolution 11

2,351,178,763

2,288,081,512

97.32

63,097,251

2.68

Authority for Directors to grant

awards and allot shares pursuant

to the Singapore Technologies

Engineering Performance Share

Plan 2020 and the Singapore

Technologies Engineering

Restricted Share Plan 2020

Ordinary Resolution 12

762,869,989

761,511,152

99.82

1,358,837

0.18

Renewal of the Shareholders

Mandate for Interested Person

Transactions

2

Resolution Number and Details

Total Number of

For

Against

Shares

Represented by

Number of

As a

Number of

As a

Votes For and

Shares

percentage

Shares

percentage

Against the

of total

of total number

Relevant

number of

of votes for and

Resolution

votes for and

against the

against the

resolution

resolution (%)

(%)

Ordinary Resolution 13

2,350,674,060

2,349,462,696

99.95

1,211,364

0.05

Renewal of the Share Purchase

Mandate

Details of parties who are required to abstain from voting on any resolution(s):-

Resolution Number and Details

Name

Total Number of Shares

Resolution 3 - Re-election of Mr Lim Chin Hu as

Lim Chin Hu

138,500

Director

Resolution 4 - Re-election of Ms Ng Bee Bee (May)

Ng Bee Bee (May)

25,100

as Director

Resolution 8 - Approval of the sum of up to

Teo Ming Kian

27,000

S$ 2,500,000 as Directors' remuneration for the

Kevin Kwok Khien

188,400

financial year ending 31 December 2024

Lim Ah Doo

126,200

Lim Chin Hu

138,500

Lim Sim Seng

104,600

Ng Bee Bee (May)

25,100

Quek See Tiat

122,000

Song Su-Min

58,000

Tan Peng Yam

25,811

Resolution 12 - Renewal of the Shareholders

Temasek Holdings (Private)

1,554,764,574

Mandate for Interested Person Transactions

Limited

Vestal Investments Pte. Ltd.

28,501,000

Teo Ming Kian

27,000

Vincent Chong Sy Feng

4,479,780

Kevin Kwok Khien

188,400

Lim Ah Doo

126,200

Lim Chin Hu

138,500

Lim Sim Seng

104,600

Ng Bee Bee (May)

25,100

Quek See Tiat

122,000

Song Su-Min

58,000

Tan Peng Yam

25,811

NAME OF FIRM APPOINTED AS SCRUTINEER

RHT Governance, Risk & Compliance (Singapore) Pte Ltd was appointed as the Company's scrutineer.

3

COMPOSITION OF THE BOARD AND ITS BOARD COMMITTEES

Details pertaining to the updated composition of the Board and its Board Committees upon the conclusion of the AGM are set out in a separate announcement dated 26 April 2024.

Issued by Singapore Technologies Engineering Ltd on 26 April 2024.

4

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ST - Singapore Technologies Engineering Ltd. published this content on 26 April 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 April 2024 15:00:59 UTC.