BLUE RIVER HOLDINGS LIMITED 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.
PYI Corporation Limited (Incorporated in Bermuda with limited liability) (Stock Code: 498) POLL RESULTS OF THE ANNUAL GENERAL MEETING HELD ON 4 SEPTEMBER 2015 AND RETIREMENT OF DIRECTOR
The Board is pleased to announce that all resolutions proposed at the AGM held on 4 September
2015 were duly passed by way of poll.
The Board also announces that Mr Li Chang An retired as an independent non-executive director of the Company at the conclusion of the AGM.
At the annual general meeting of PYI Corporation Limited (the "Company") held on 4 September
2015 (the "AGM"), a poll was demanded by the chairman for voting on the proposed resolutions as set out in the notice of the AGM dated 28 July 2015 (the "Notice"). The branch share registrar of the Company in Hong Kong, Tricor Secretaries Limited, acted as the scrutineer at the AGM for the purpose of vote-taking.
The board of directors of the Company (the "Board") is pleased to announce that all resolutions proposed at the AGM were duly passed by the Company's shareholders by way of poll and the poll
results in respect of the resolutions are as follows:
Ordinary Resolutions | Number of Votes (approximate %) | ||
Ordinary Resolutions | For | Against | |
1. | To receive, consider and adopt the audited financial statements and the reports of the directors and the independent auditor for the year ended 31 March 2015 | 2,183,115,044 (100%) | 0 (0.00%) |
2. | To declare a final dividend for the year ended 31 March 2015 | 2,183,115,044 (100%) | 0 (0.00%) |
3. | (A) (i) To re-elect Ms Wong Lai Kin, Elsa as director | 2,183,115,044 (100%) | 0 (0.00%) |
3. | (ii) To re-elect Mr Mok Yat Fan, Edmond as director | 2,183,115,044 (100%) | 0 (0.00%) |
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Ordinary Resolutions | Number of Votes (approximate %) | ||
Ordinary Resolutions | For | Against | |
(B) To fix the directors' remuneration | 2,183,115,044 (100%) | 0 (0.00%) | |
4. | To re-appoint auditor and to authorise the board of directors to fix its remuneration | 2,181,426,128 (99.92%) | 1,688,916 (0.08%) |
5.# | (A) To grant an unconditional mandate to the directors to issue shares | 2,054,488,919 (94.11%) | 128,592,484 (5.89%) |
5.# | (B) To grant an unconditional mandate to the directors to repurchase shares | 2,183,081,403 (100%) | 0 (0.00%) |
5.# | (C) To extend the share issue mandate granted to the directors | 2,054,488,919 (94.11%) | 128,592,484 (5.89%) |
5.# | (D) To approve the refreshment of the 10% limit on grant of options under the share option scheme | 2,054,522,560 (94.11%) | 128,592,484 (5.89%) |
As more than 50% of the votes were cast in favour of each of the above resolutions, all the above resolutions were duly passed as ordinary resolutions. |
# Please refer to the Notice for the full text of each of the relevant resolutions.
As at the date of the AGM, the total number of issued shares of the Company was 4,577,360,572 shares which was the total number of shares entitling the holders to attend and vote for or against all the resolutions proposed at the AGM. There were no shares entitling holders to attend and abstain from voting in favour at the AGM pursuant to rule 13.40 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules"). No shareholder was required under the Listing Rules to abstain from voting on the resolutions proposed at the AGM.
(B) RETIREMENT OF DIRECTOR
The Board also announces that Mr Li Chang An ("Mr Li"), who did not offer himself for re-election at the AGM due to his intention to devote to his personal affairs, retired as an independent non-executive director of the Company at the conclusion of the AGM.
Mr Li has confirmed that he has no disagreement with the Board nor is there any matter in relation to his retirement that needs to be brought to the attention of the shareholders of the Company.
The Board would like to take this opportunity to thank Mr Li for his valuable contributions to the
Company during his tenure of office.
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By Order of the Board PYI Corporation Limited Siu Tin Ho
Company Secretary
Hong Kong, 4 September 2015
As at the date of this announcement and after the retirement of Mr Li, the directors of the Company are as follows:
Mr Lau Tom Ko Yuen | : | Chairman and Managing Director |
Mr Chan Yiu Lun, Alan | : | Executive Director |
Mr Chan Shu Kin | : | Independent Non-Executive Director |
Ms Wong Lai Kin, Elsa | : | Independent Non-Executive Director |
Mr Mok Yat Fan, Edmond | : | Independent Non-Executive Director |
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