China Oceanwide : POLL RESULTS OF SPECIAL GENERAL MEETING HELD ON 18 OCTOBER 2019
10/18/2019 | 05:49am EDT
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POLL RESULTS OF SPECIAL GENERAL MEETING
HELD ON 18 OCTOBER 2019
References are made to an announcement dated 30 August 2019, and a circular (the "Circular") and a notice (the "Notice") of special general meeting (the "SGM") both dated 30 September 2019 of China Oceanwide Holdings Limited (the "Company"). Unless otherwise defined, capitalised terms used in this announcement shall have the same meaning as those defined in the Circular.
POLL RESULTS OF THE SGM
The board of directors (the "Board") of the Company is pleased to announce that at the SGM held on 18 October 2019, the resolution set out in the Notice was duly passed by the Independent Shareholders by way of poll.
The poll results in respect of the resolution proposed at the SGM were as follows:
Number of Votes
the Framework Services Agreement (as defined in the
Circular) dated 30 August 2019 entered into between the
Company and CTIFL (as defined in the Circular), and the
transactions contemplated thereunder (including the
Annual Caps (as defined in the Circular)) be and are
hereby approved, confirmed and ratified, and any one
director (the "Director") of the Company (or where
execution under the common seal of the Company is
required, any two Directors or any one Director and the
secretary of the Company) be authorised to do such acts
and execute such other documents and/or deeds with or
without amendments and/or take all such steps as he/she
may consider necessary, desirable or expedient to carry
out or give effect to or otherwise in connection with the
Framework Services Agreement, any transactions
contemplated thereunder (including the Annual Caps).
As at the date of the SGM, the total number of Shares in issue was 16,142,653,060 Shares. As stated in the Circular, Oceanwide Holdings and its associates were required to abstain and had abstained from voting on the resolution proposed at the SGM. Oceanwide Holdings and its associates held, in aggregate, 12,098,515,178 Shares, representing approximately 74.95% of the total issued share capital of the Company. Accordingly, the total number of Shares entitling the Independent Shareholders to attend and vote on the resolution proposed at the SGM was 4,044,137,882 Shares, representing approximately 25.05% of the total issued share capital of the Company. Mr. LIU Jipeng, being an independent non-executive director of the Company and CTIFL, held 9,212,000 Shares, representing approximately 0.05% of the total issued share capital of the Company. He had voluntarily abstained from voting on the resolution proposed at the SGM.
There were no Shares entitling the Shareholders to attend and abstain from voting in favour at the SGM as set out in Rule 13.40 of the Listing Rules.
As more than 50% of votes were cast in favor of the above resolution, the resolution was duly passed as ordinary resolution of the Company.
Computershare Hong Kong Investor Services Limited, the Hong Kong branch share registrar of the Company, was appointed as the scrutineer at the SGM for the purpose of vote taking.
By Order of the Board
China Oceanwide Holdings Limited
Hong Kong, 18 October 2019
As at the date of this announcement, the Board comprises:
China Oceanwide Holdings Ltd. published this content on 18 October 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 October 2019 08:48:02 UTC