EMS Energy : Replace - Extraordinary/ Special General Meeting :: Voluntary

EMS Energy Limited

ANNOUNCEMENT

EMS Energy Limited 10 Tuas Avenue 11

Singapore 639076

T [phone]

F [phone]

E [e-mail]

www.emsenergy.com.sg

RESULTS OF EXTRAORDINARY GENERAL MEETING

The Board of Directors of EMS Energy Limited (the 'Company') is pleased to announce that at the Extraordinary General Meeting ('EGM') of the Company held on 15 October 2015, all resolutions relating to the matters as set out in the Notice of the EGM dated 30 September 2015 were duly passed.

The voting results in respect of the resolutions at the EGM were as follows:

Resolution number and details	Total number of shares represented by votes for and against the relevant resolution	For		Against
		Number of shares	As a percentage of total number of votes for and against the resolution (%)	Number of shares	As a percentage of total number of votes for and against the resolution (%)
Resolution 1 To approve the Proposed Acquisition and proposed allotment and issuance of the Consideration Shares	233,165,790	232,765,790	99.83%	400,000	0.17%
Resolution 2 To approve the Proposed Whitewash Resolution	232,765,790	232,765,790	100%	0	0%
Resolution 3 To approve the Proposed Share Consolidation	746,618,340	745,918,340	99.91%	700,000	0.09%
Resolution 4 To approve the Proposed Warrants Exchange	233,165,790	232,765,790	99.83%	400,000	0.17%
Resolution 5 To approve the Proposed Issue of Exchanged Shares	232,765,790	232,765,790	100%	0	0%
Resolution 6	746,218,340	746,218,340	100%	0	0%

To approve the Proposed Appointment of a New Director - Mr. Teo Yak Huat
Resolution 7 To approve the Proposed Change of Auditors	746,218,340	746,218,340	100%	0	0%

As disclosed in the Company's circular to shareholders dated 30 September 2015, Mr Ting Teck Jin, Mr Ting Teck Seh, their concert parties and their respective Associates (as defined under the Singapore Code on Take-overs and Mergers) shall abstained from voting in respect of Resolutions 1, 2, 4 and 5 above. Accordingly, Mr Ting Teck Jin, Mr Ting Teck Seh, their concert parties and their respective Associates had abstained from voting in respect of Resolutions 1, 2, 4 and 5 above. As at the date of this announcement, Mr Ting Teck Jin has a direct interest in 18,000,000 ordinary shares in the share capital of the Company ('Shares'), representing approximately 1.15% of the existing share capital of the Company , and he is deemed to be interested in 495,452,550 Shares, representing approximately 31.58% of the existing share capital of the Company. Mr Ting Teck Seh is the brother of Mr Ting Teck Jin and he does not own any Share.

B.A.C.S Private Limited had been appointed as the scrutineer for the EGM.

By Order of the Board EMS Energy Limited

Gwendolyn Gn Jong Yuh Company Secretary

15 October 2015

This announcement has been prepared by the Company and its contents have been reviewed by the Company's sponsor, UOB Kay Hian Private Limited (the 'Sponsor') for compliance with the relevant rules of the SGX-ST. The Sponsor has not independently verified the contents of this announcement.

This announcement has not been examined or approved by the SGX-ST and the SGX-ST assumes no responsibility for the contents of this announcement, including the correctness of any of the statements or opinions made or reports contained in this announcement.

The contact person for the Sponsor is Mr Alvin Soh, at 8 Anthony Road, #01-01, Singapore 229957, telephone [phone].

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