Replace - Annual General Meeting :: Voluntary

BEST WORLD INTERNATIONAL LIMITED

Company Registration No. 199006030Z

RESOLUTIONS PASSED AT THE ANNUAL GENERAL MEETING ("AGM")

Pursuant to Rule 704(16) of the Listing Manual of the Singapore Exchange Securities Trading Limited (the "SGX-ST"), the Board of Directors (the "Board") of Best World International Limited (the "Company") is pleased to announce that all the resolutions as set out in the Notice of AGM dated 8 July 2022 and put to the meeting as ordinary business and special business were passed on poll vote via proxy voting at the AGM held by way of electronic means on 25 July 2022.

A. POLL RESULTS

The breakdown of all valid votes cast at the AGM are set out below:

			For	Against
	Total number		As a		As a
		percentage		percentage
	of shares
		of total		of total
Resolution number and	represented
	number of		number of
by votes for	Number of	Number of
details	votes for	votes for
and against	shares	shares
	and against	and
	the relevant
		the		against the
	resolution
		resolution		resolution
			(%)		(%)

Resolution 1: To receive and
adopt the	Audited	Financial
Statements	of the	Company	340,929,677	338,693,947	99.34%	2,235,730	0.66%
for the financial year ended 31
December 2021, the Directors'
Statement and the Auditors'
Report thereon.
Resolution 2: To approve
Directors' fees of	S$242,000	340,990,715	340,984,815	100.00%	5,900	0.00%
for the financial year ended 31
December 2021.
Resolution 3: To re-elect of
Doreen Tan Nee		Moi	as a	309,839,715	307,603,714	99.28%	2,236,001	0.72%
Director	(Retiring	under
Regulation 93).
Resolution 4: To re-elect
Chester Fong Po		Wai	as a	341,219,715	326,968,471	95.82%	14,251,244	4.18%
Director	(Retiring	under
Regulation	93).
Resolution 5: To re-appoint
Nexia TS Public	Accounting
Corporation	as	Company's	341,198,215	339,983,460	99.64%	1,214,755	0.36%
Auditors and to authorise the
Directors	to	fix	their
remuneration.
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B. DETAILS OF PERSON(S) REQUIRED TO ABSTAIN FROM VOTING ON ANY RESOLUTIONS

			For	Against
	Total number		As a		As a
	of shares		percentage		percentage
	represented		of total		of total
Resolution number and details	by votes for	Number of	number of	Number of	number of
	and against	shares	votes for and	shares	votes for and
	the relevant		against the		against the
	resolution		resolution		resolution
			(%)		(%)

Resolution 6: To authorize the
Directors to issue Shares	341,219,715	331,025,790	97.01%	10,193,925	2.99%
pursuant to the Share Issue
Mandate.
Resolution 7: To approve the	84,148,242	83,877,898	99.68%	270,344	0.32%
Proposed Renewal of the Share
Buyback Mandate.

1. Lee Sen Choon has a direct interest of 207,500 shares and has abstained from voting on Resolution 2.
2. Dr. Doreen Tan Nee Moi has a direct interest of 31,380,000 shares and has abstained from voting on Resolution 3.
3. Dr. Dora Hoan Beng Mui and Dr. Doreen Tan Nee Moi, and their respective concert parties, including D2 Investment Pte. Ltd., Ms. Li Lihui and Ms. Pek Jia Rong, have abstained from voting on Resolution 7.

Resolution 7	Name	Number of Shares
	Dr. Dora Hoan Beng Mui	32,330,000
To approve the Proposed	Dr. Doreen Tan Nee Moi	31,380,000
Renewal of the Share	D2 Investment Pte. Ltd.	192,787,500
Buyback Mandate
Ms. Li Lihui	250,000
	Ms. Pek Jia Rong	250,000

1. SCRUTINEER
   Tricor Evatthouse Corporate Services was appointed as Scrutineer for the AGM.
2. AUDIT COMMITTEE
   Chester Fong Po Wai, who was re-elected as a Director of the Company at the AGM, remains as a member of the Audit Committee. The Board considers Chester Fong Po Wai to be independent for the purpose of Rule 704(8) of the Listing Manual of the SGX-ST.

BY ORDER OF THE BOARD

Huang Ban Chin

Director and Chief Operating Officer

25 July 2022

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