Coastal Greenland : POLL RESULTS OF THE ANNUAL GENERAL MEETING HELD ON 17 SEPTEMBER 2019

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COASTAL GREENLAND LIMITED

沿海綠色家園有限公司*

(Incorporated in Bermuda with limited liability)

(Stock Code: 1124)

POLL RESULTS OF THE ANNUAL GENERAL MEETING

HELD ON 17 SEPTEMBER 2019

The Board is pleased to announce that all the proposed resolutions were duly passed by the Shareholders by way of poll at the AGM.

Reference is made to the circular (the "Circular") and notice (the "Notice") of the annual general meeting (the "AGM") of Coastal Greenland Limited (the "Company") both dated 30 July 2019. Unless the context otherwise requires, terms defined in this announcement shall have the same meanings as those defined in the Circular.

At the AGM, all proposed resolutions as set out in the Notice were taken by poll. The Company's branch share registrar in Hong Kong, Tricor Tengis Limited, was appointed as the scrutineer for the purpose of vote-taking at the AGM.

As at the date of the AGM, the total number of issued shares of the Company was 4,146,020,285 Shares, which was the total number of Shares entitling the Shareholders to attend and vote for or against the resolutions at the AGM. There was no Share entitling any Shareholders to attend and abstain from voting in favour of the ordinary resolutions at the AGM as set out in Rule 13.40 of the Listing Rules and no Shareholder was required under the Listing Rules to abstain from voting at the AGM. There was no party who had stated his/her/ its intention in the Circular to vote against the ordinary resolutions at the AGM or to abstain had done so at the AGM.

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The board (the "Board") of directors (the "Directors") of the Company is pleased to announce that all the proposed resolutions were duly passed by the Shareholders by way of poll at the AGM. The poll results in respect of the resolutions were as follows:

					Number of Votes
				Ordinary Resolutions (Note)	(Approximate %)
					For	Against
1.	To receive, consider and adopt the audited consolidated financial	2,242,241,269	79,212,963
	statements, the report of the directors and the independent auditor's	(96.59%)	(3.41%)
	report for the year ended 31 March 2019.
2.	(I)	(a)		To re-elect Mr. Xia Xianglong as an executive	2,242,241,269	79,212,963
				Director.	(96.59%)	(3.41%)
		(b)		To re-elect Dr. Li Ting as an executive Director.	2,242,241,269	79,212,963
					(96.59%)	(3.41%)
		(c)		To re-elect Mr. Lin Chen Hsin as an executive	2,242,241,269	79,212,963
				Director.	(96.59%)	(3.41%)
		(d)		To re-elect Mr. Qiu Guizhong as a non-executive	2,242,241,269	79,212,963
				Director.	(96.59%)	(3.41%)
		(e)		To re-elect Mr. Huang Xihua as an independent non-	2,242,241,269	79,212,963
				executive Director.	(96.59%)	(3.41%)
	(II)	To authorise the Board to fix the remuneration of Directors.	2,242,241,269	79,212,963
					(96.59%)	(3.41%)
3.	To re-appoint BDO Limited as auditor of the Company and authorise	2,242,241,269	79,212,963
	the Board to fix their remuneration.	(96.59%)	(3.41%)
4.	(I)	To	grant a general mandate to the Directors to repurchase	2,242,245,269	79,208,963
		shares of the Company.	(96.59%)	(3.41%)
	(II)	To grant a general mandate to the Directors to allot, issue and	1,601,508,412	719,945,820
		deal with additional shares of the Company.	(68.99%)	(31.01%)
	(III)	To extend the general mandate granted to the Directors to	2,232,601,269	88,852,963
		issue additional shares of the Company repurchased under the	(96.17%)	(3.83%)
		repurchase mandate pursuant to resolution 4(I).

Note: Please refer to the Notice for the full text of each of the relevant resolutions.

By Order of the Board

Coastal Greenland Limited

Jiang Ming

Chairman

Hong Kong, 17 September 2019

As at the date of this announcement, the Board comprises Mr. Jiang Ming, Mr. Xia Xianglong, Dr. Li Ting and Mr. Lin Chen Hsin as executive Directors, Mr. Zhu Guoqiang and Mr. Qiu Guizhong as non-executive Directors and Mr. Wong Kai Cheong, Mr. Yang Jiangang and Mr. Huang Xihua as independent non-executive Directors.

• For identification purpose only

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