PanAsialum : Announcements and Notices - Poll Results of Annual General Meeting Held on 27 June 2019

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PanAsialum Holdings Company Limited

榮 陽 實 業 集 團 有 限 公 司

(incorporated in the Cayman Islands with limited liability)

(Stock Code: 2078)

POLL RESULTS

OF ANNUAL GENERAL MEETING HELD ON 27 JUNE 2019

The Board is pleased to announce that all ordinary resolutions proposed at the Annual General Meeting were duly passed by way of poll.

Reference is made to the circular (the "Circular") of PanAsialum Holdings Company Limited (the "Company") dated 24 May 2019. Terms used herein shall have the same meanings as defined in the Circular unless the context requires otherwise.

POLL RESULTS OF THE ANNUAL GENERAL MEETING

Pursuant to Rule 13.39(4) of the Listing Rules and the Articles, the voting of all resolutions (the "Resolutions") proposed at the Annual General Meeting held on 27 June 2019 had been taken by poll.

As at the date of the Annual General Meeting, the issued Shares of the Company comprised 1,200,000,000 Shares, which was the total number of Shares entitling the Shareholders to attend and vote on any of the Resolutions at the Annual General Meeting. There were no Shares entitling the Shareholders to attend and abstain from voting in favour of any of the Resolutions at the Annual General Meeting as set out in Rule 13.40 of the Listing Rules. No Shareholder was required under the Listing Rules to abstain from voting on any of the Resolutions at the Annual General Meeting.

The Company's branch share registrar in Hong Kong, Computershare Hong Kong Investor Services Limited, was appointed as the scrutineer at the Annual General Meeting for the purpose of vote-taking.

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As more than 50% of the votes were cast in favour of each of the Resolutions, all the Resolutions were duly passed as ordinary resolutions of the Company and the poll results are set out as follows:

	ORDINARY RESOLUTIONS	No. of Shares (%)
	FOR	AGAINST
1.	To receive, consider and adopt the report of the	900,206,080	8,226,000
	d i r e c t o r s o f t h e C o m p a n y , t h e a u d i t e d	(99.094484%)	(0.905516%)
	consolidated financial statements and the
	independent auditor's report for the year ended
	31 December 2018.
2.	To re-elect Ms. Li Jiewen, a retiring Director, as	900,206,080	8,226,000
	an executive Director with immediate effect.	(99.094484%)	(0.905516%)
3.	To re-elect Mr. Mar Selwyn, a retiring Director,	900,206,080	8,226,000
	as an independent non-executive Director with	(99.094484%)	(0.905516%)
	immediate effect.
4.	To re - elect Mr . Leung Ka Tin, a retiring	900,206,080	8,226,000
	Director, as an independent non-executive	(99.094484%)	(0.905516%)
	Director with immediate effect.
5.	To authorize the board of Directors to fix the	900,205,080	8,227,000
	remuneration of the Directors.	(99.094374%)	(0.905626%)
6.	To re-appoint BDO Limited as the auditor of the	900,206,080	8,226,000
	Company with effect from the conclusion of this	(99.094484%)	(0.905516%)
	annual general meeting and until the conclusion
	of the next annual general meeting subject to
	the board of Director's approval on the
	remuneration of such auditor.
7.	To grant a general mandate to the directors to	900,205,080	8,227,000
	buy back shares of the Company.	(99.094374%)	(0.905626%)
8.	To grant a general mandate to the directors to	900,206,080	8,226,000
	issue shares of the Company.	(99.094484%)	(0.905516%)
9.	To approve the extension of the general mandate	900,206,080	8,226,000
	to issue shares granted in ordinary resolution	(99.094484%)	(0.905516%)
	no . 8 to such shares bought back by the
	Company, subject to the passing of the ordinary
	resolutions no. 7 and 8.

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Note: The description of the Resolutions above is by way of summary only, the full text of which appears in the notice of Annual General Meeting of the Company dated 24 May 2019.

By order of the Board

PanAsialum Holdings Company Limited

Huang Gang

Chairman

Hong Kong, 27 June 2019

As at the date of this announcement, the executive directors of the Company are Dr. Huang Gang, Mr. Wong Kwok Wai Eddy and Ms. Li Jiewen; and the independent non-executive directors of the Company are Mr. Mar Selwyn, Mr. Leung Ka Tin and Dr. Cheung Wah Keung.

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