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(incorporated in Hong Kong with limited liability)
(Stock code: 1668)
Poll Results of the Annual General Meeting
Held on 13 September 2019
At the annual general meeting of China South City Holdings Limited (the "Company") held on 13 September 2019 (the "AGM"), all proposed resolutions as set out in the notice convening the AGM dated 30 July 2019 were duly passed by the shareholders of the Company by way of poll. The poll results are as follows:
Number of Votes | ||||
Ordinary Resolutions | (Approximate %) | |||
For | Against | |||
1. | To receive, consider and adopt the consolidated | 4,736,628,353 | 13 | |
financial statements of the Company for the year | (100.000000%) | (0.000000%) | ||
ended 31 March 2019 and the reports of the | ||||
Directors and independent auditor of the Company | ||||
thereon. | ||||
2. | To declare a Final Dividend of HK5.0 cents per | 4,739,032,353 | 14 | |
share for the year ended 31 March 2019. | (100.000000%) | (0.000000%) | ||
3. | (a) | To re-elect Mr. Cheng Chung Hing as | 4,623,789,197 | 115,243,171 |
Executive Director. | (97.568213%) | (2.431787%) | ||
(b) | To re-elect Mr. Lin Ching Hua as | 4,718,794,437 | 20,167,932 | |
Non-Executive Director. | (99.574423%) | (0.425577%) | ||
(c) | To re-elect Mr. Li Wai Keung as Independent | 4,672,055,292 | 66,311,398 | |
Non-Executive Director. | (98.600543%) | (1.399457%) | ||
(d) | To re-elect Mr. Hui Chiu Chung as | 4,385,978,964 | 352,387,727 | |
Independent Non-Executive Director. | (92.563097%) | (7.436903%) | ||
(e) | To elect Mr. Zhao Lidong as Executive | 4,727,955,754 | 10,410,938 | |
Director. | (99.780284%) | (0.219716%) | ||
(f) | To authorize the board of Directors to fix the | 4,736,709,634 | 1,002,120 | |
remuneration of Directors. | (99.978848%) | (0.021152%) | ||
1 |
4. | To re-appoint Messrs. Ernst & Young as | 4,738,436,573 | 113 |
independent auditor of the Company at a fee to be | (99.999998%) | (0.000002%) | |
agreed by the Directors. | |||
5. | To grant a general mandate to the Directors to allot, | 4,367,391,771 | 370,319,977 |
issue and deal with additional shares of the | (92.183569%) | (7.816431%) | |
Company not exceeding 20% of the aggregate | |||
number of ordinary shares of the Company in issue. | |||
6. | To grant a general mandate to the Directors to buy | 4,737,711,734 | 15 |
back the Company's shares not exceeding 10% of | (100.000000%) | (0.000000%) | |
the aggregate number of ordinary shares of the | |||
Company in issue. | |||
7. | To extend the general mandate granted to the | 4,367,474,771 | 370,961,918 |
Directors to allot, issue and deal with additional | (92.171217%) | (7.828783%) | |
shares of the Company by the number of shares | |||
bought back by the Company. | |||
8. | To adopt the 2019 Share Option Scheme. | 4,361,069,778 | 377,770,592 |
(92.028206%) | (7.971794%) | ||
As more than 50% of the votes were cast in favor of each of the above resolutions 1 to 8, all the resolutions were duly passed as ordinary resolutions.
Notes:
- The number and percentage of votes are based on the total number of shares of the Company voted by the shareholders of the Company present in person or by proxy at the AGM.
- The total number of issued shares of the Company as at the date of AGM was 8,107,228,848 shares (the "Shares"), which were the total number of Shares entitled the holders to attend and vote for or against all the resolutions proposed at the AGM;
- There were no Shares entitled the holders to attend and abstain from voting in favour 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") and no Shares of the holders of the
Company were required to abstain from voting at the AGM under the Listing Rules; and - No party has stated its intention in the circular dated 30 July 2019 to vote against or to abstain from voting on any resolutions at the AGM.
Computershare Hong Kong Investor Services Limited, the Company's share registrar, was appointed as the scrutineer for the AGM.
For and on behalf of the Board
China South City Holdings Limited
Cheng Chung Hing
Chairman and Executive Director
Hong Kong, 13 September 2019
As at the date of this announcement, the Executive Directors of the Company are Mr. Cheng Chung Hing, Mr. Fung Sing Hong Stephen, Mr. Zhao Lidong and Ms. Cheng Ka Man Carman; the Non-Executive Directors of the Company are Dr. Ma Kai Cheung, SBS, BBS, Mr. Cheng Tai Po and Mr. Lin Ching Hua; and the Independent Non-Executive Directors of the Company are Mr. Leung Kwan Yuen Andrew, GBS, SBS, JP, Mr. Li Wai Keung, Mr. Hui Chiu Chung, JP and Mr. Yung Wing Ki Samuel, SBS, MH, JP.
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China South City Holdings Ltd. published this content on 13 September 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 September 2019 10:46:04 UTC