8 Temasek Boulevard #31-02
Suntec Tower Three, Singapore 038988
Tel: (65) 6334 8979 Fax: (65) 6333 5283
Co. Reg. No.: 199303293Z
OUTCOME OF THE 27TH ANNUAL GENERAL MEETING OF CHINA AVIATION OIL (SINGAPORE) CORPORATION LTD HELD ON 28 APRIL 2021 ("27TH AGM")
The Board of Directors (the "Board") of China Aviation Oil (Singapore) Corporation Ltd (the "Company") wishes to announce that, pursuant to Rule 704(16) of the Listing Manual of the Singapore Exchange Securities Trading Limited (the "SGX-STListing Manual"), all resolutions set out in the Notice of Annual General Meeting of the Company were voted on by way of electronic poll voting and have been duly approved and passed by the shareholders of the Company at the 27th AGM:
- The results of the poll on each of the following resolutions put to vote at the 27th AGM are set out below:
For | Against | ||||||||||||||||
Total number of shares | As a percentage of | As a percentage of | |||||||||||||||
Resolution number and details | represented by votes for | total number of | |||||||||||||||
Number of | Number of | total number of | |||||||||||||||
and against the relevant | votes for and | ||||||||||||||||
Shares | Shares | votes for and | |||||||||||||||
resolution | against the | ||||||||||||||||
against the | |||||||||||||||||
resolution (%) | |||||||||||||||||
resolution (%) | |||||||||||||||||
Ordinary Business | |||||||||||||||||
Resolution 1 | |||||||||||||||||
Adoption of Directors' Statement | |||||||||||||||||
and Audited Financial | 644,052,811 | 643,977,111 | 99.99 | 75,700 | 0.01 | ||||||||||||
Statements and Auditors' Report | |||||||||||||||||
thereon. | |||||||||||||||||
Resolution 2 | |||||||||||||||||
Declaration of First and Final | |||||||||||||||||
(One-Tier, Tax Exempt) Dividend | 645,174,389 | 645,098,689 | 99.99 | 75,700 | 0.01 | ||||||||||||
For | Against | ||||||||||||||||
Total number of shares | As a percentage of | As a percentage of | |||||||||||||||
Resolution number and details | represented by votes for | total number of | |||||||||||||||
Number of | Number of | total number of | |||||||||||||||
and against the relevant | votes for and | ||||||||||||||||
Shares | Shares | votes for and | |||||||||||||||
resolution | against the | ||||||||||||||||
against the | |||||||||||||||||
resolution (%) | |||||||||||||||||
resolution (%) | |||||||||||||||||
Resolution 3 | |||||||||||||||||
Approval of Directors' Fees for | |||||||||||||||||
the financial year ended 31 | 644,508,589 | 644,405,189 | 99.98 | 103,400 | 0.02 | ||||||||||||
December 2020 | |||||||||||||||||
Resolution 4 | |||||||||||||||||
Re-election of Mr Wang Yanjun | |||||||||||||||||
as a Director pursuant to | 645,174,389 | 643,312,919 | 99.71 | 1,861,470 | 0.29 | ||||||||||||
Regulation 94 of the Constitution | |||||||||||||||||
Resolution 5 | |||||||||||||||||
Re-election of Ms Bella Young | |||||||||||||||||
Pit Lai as a Director pursuant to | 645,174,389 | 616,000,438 | 95.48 | 29,173,951 | 4.52 | ||||||||||||
Regulation 94 of the Constitution | |||||||||||||||||
Resolution 6 | |||||||||||||||||
Re-election of Mr Gong Feng as | |||||||||||||||||
a Director pursuant to Regulation | 645,174,389 | 641,791,819 | 99.48 | 3,382,570 | 0.52 | ||||||||||||
100 of the Constitution | |||||||||||||||||
Resolution 7 | |||||||||||||||||
Re-election of Mr Zhang Yuchen | |||||||||||||||||
as a Director pursuant to | |||||||||||||||||
Regulation 100 of the | 645,174,389 | 625,226,757 | 96.91 | 19,947,632 | 3.09 | ||||||||||||
Constitution | |||||||||||||||||
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For | Against | ||||||||||||||||
Total number of shares | |||||||||||||||||
As a percentage of | As a percentage of | ||||||||||||||||
Resolution number and details | represented by votes for | total number of | |||||||||||||||
Number of | Number of | total number of | |||||||||||||||
and against the relevant | votes for and | ||||||||||||||||
Shares | Shares | votes for and | |||||||||||||||
resolution | against the | ||||||||||||||||
against the | |||||||||||||||||
resolution (%) | |||||||||||||||||
resolution (%) | |||||||||||||||||
Resolution 8 | |||||||||||||||||
Re-election of Mr Conrad Clifford | |||||||||||||||||
as a Director pursuant to | 645,174,389 | 645,037,319 | 99.98 | 137,070 | 0.02 | ||||||||||||
Regulation 100 of the | |||||||||||||||||
Constitution | |||||||||||||||||
Resolution 9 | |||||||||||||||||
Re-appointment of Auditors and | |||||||||||||||||
authorise the Director to fix their | 645,174,389 | 645,098,689 | 99.99 | 75,700 | 0.01 | ||||||||||||
remuneration | |||||||||||||||||
Special Business | |||||||||||||||||
Resolution 10 | |||||||||||||||||
Authority of Directors to issue | |||||||||||||||||
shares pursuant to Section 161 | |||||||||||||||||
of the Companies Act, Chapter | 645,154,689 | 627,204,804 | 97.22 | 17,949,885 | 2.78 | ||||||||||||
50 and the Listing Manual of the | |||||||||||||||||
Singapore Exchange Securities | |||||||||||||||||
Trading Limited | |||||||||||||||||
Resolution 11 | |||||||||||||||||
Renewal of the General Mandate | |||||||||||||||||
for Interested Person | 30,361,295 | 30,265,595 | 99.68 | 95,700 | 0.32 | ||||||||||||
Transactions | |||||||||||||||||
Resolution 12 | |||||||||||||||||
Renewal of Share Purchase | 644,508,589 | 644,432,889 | 99.99 | 75,700 | 0.01 | ||||||||||||
Mandate | |||||||||||||||||
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- Details of shareholders required to abstain from voting on the following Resolution:
Name of Shareholder | Number of shares held | Resolution number(s) | ||
(Please refer to item (1) above for details of the | ||||
resolution (s)) | ||||
China National Aviation Fuel Group Limited | 441,332,912 | 11 | ||
BP Investments Asia Limited | 173,476,942 | 11 | ||
Save as aforesaid, there were no restrictions on any shareholders casting votes on any of the proposed resolutions at the 27th AGM.
- Reliance 3P Advisory Pte Ltd was appointed as the scrutineer for the purpose of the poll taken at the 27th AGM.
- Ms Bella Young Pit Lai has been re-appointed as a member of the Audit Committee. Ms Bella Young Pit Lai, being a nominee Director of substantial shareholder, BP Investments Asia Limited, is considered as a Non-Independent Director of the Company.
By Order of the Board
Doreen Nah
Company Secretary
Singapore, 28 April 2021
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China Aviation Oil (Singapore) Corp. Ltd. published this content on 28 April 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 April 2021 12:01:01 UTC.