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.

*

(Incorporated in Bermuda with limited liability)

(Stock code: 1045)

POLL RESULTS OF THE SPECIAL GENERAL MEETING

HELD ON 27 NOVEMBER 2020

Reference is made to the circular of APT Satellite Holdings Limited (the "Company") dated 6 November 2020 (the "Circular") in relation to (i) the CCT Agreement and the transactions contemplated thereunder and the Caps; and (ii) the re-election of retiring Director. Terms used herein shall have the same meanings as defined in the Circular, unless defined otherwise.

The Board is pleased to announce that all the proposed resolutions as set out in the notice of the SGM dated 6 November 2020 (the "Notice") were duly passed by way of poll at the SGM held on Friday, 27 November 2020.

POLL RESULTS OF THE SGM

The Company is pleased to announce the poll results as follows:

Number of Votes

ORDINARY RESOLUTIONS

(Approximate%)

FOR

AGAINST

1.

To approve, confirm and ratify the CCT Agreement and

150,758,421

0

the Caps in relation thereto as defined and described in

(100%)

(0%)

the Circular and all transactions contemplated thereunder

and in connection therewith and any other ancillary

documents and to authorise the directors of the Company

to do all such further acts and things and sign, seal,

execute, perfect and deliver all such documents on behalf

of the Company as they may in their absolute discretion

consider necessary, desirable or expedient to implement

and/or give full effect to the CCT Agreement and the

transactions contemplated thereunder.

2.

To re-elect Mr. He Xing as a non-executive director.

631,207,926

1,500,495

(99.76%)

(0.24%)

  • For identification purpose only

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Notes:

  1. The full text of the above resolutions proposed at the SGM is set out in the Notice.
  2. As over 50% of the votes were cast in favour of each of the above resolutions, each of the resolutions was duly passed as an ordinary resolution at the SGM.
  3. As at the date of the SGM, the total number of Shares in issue was 928,572,500, which was the total number of Shares that entitled the Shareholders to attend and vote on the second resolution set out in the Notice at the SGM.
  4. The total number of Shares entitling the Shareholders to attend and vote only against the resolutions at the SGM: Nil.
  5. With respect to the first resolution set out in the Notice to approve the CCT Agreement and the transactions contemplated thereunder and the Caps, as stated in the Circular, APT International, CASC, CSCC and their associates, who were interested in, controlled and were entitled to exercise control an aggregate 508,950,000 Shares as at the date of the SGM, were required to abstain and have abstained from voting on the first resolution set out in the Notice at the SGM. Accordingly, the total number of Shares entitling the Independent Shareholders to attend and vote on the first resolution set out in the Notice at the SGM was 419,622,500 Shares.
  6. Save as disclosed above, there were no Shares entitling the Shareholders to attend and abstain from voting in favour of the resolutions at the SGM as set out in Rule 13.40 of the Listing Rules.
  7. Except for APT International, CASC, CSCC and their associates in respect of the first resolution set out in the Notice, none of the Shareholders has stated their intention in the Circular to abstain from voting on any of the resolutions proposed at the SGM. In addition, none of the Shareholders has stated their intention in the Circular to vote against any of the resolutions proposed at the SGM.
  8. The Company's branch share registrar in Hong Kong, Tricor Tengis Limited, acted as the scrutineer for the vote-taking at the SGM.

By Order of the Board

APT Satellite Holdings Limited

Lau Tsui Ling Shirley

Company Secretary

Hong Kong, 27 November 2020

As at the date of this announcement, the directors of the Company are:

Executive Directors:

Cheng Guangren (President) and Qi Liang (Vice President)

Non-executive Directors:

Li Zhongbao (Chairman), Lim Toon, Yin Yen-liang, Fu Zhiheng, Lim Kian Soon, He Xing and Tseng Ta-mon(Alternate Director to Yin Yen-liang)

Independent Non-executive Directors:

Lui King Man, Lam Sek Kong, Cui Liguo and Meng Xingguo

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APT Satellite Holdings Limited published this content on 27 November 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 November 2020 12:30:03 UTC