Far East Consortium International : POLL RESULTS OF THE ANNUAL GENERAL MEETING HELD ON 15 SEPTEMBER 2020
09/15/2020 | 06:20am EST
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FAR EAST CONSORTIUM INTERNATIONAL LIMITED
遠 東 發 展 有 限 公 司*
(Incorporated in the Cayman Islands with limited liability)
The Board is pleased to announce that all the resolutions proposed at the AGM held on 15 September 2020 were duly passed as ordinary resolutions by way of poll.
The board (the "Board") of directors (collectively the "Directors" and individually the "Director") of Far East Consortium International Limited (the "Company") is pleased to announce that all the resolutions proposed at the annual general meeting of the Company held on 15 September 2020 (the "AGM") were duly passed as ordinary resolutions by way of poll. The poll results of the AGM were as follows:
Number of Votes (%)(Note(a))
To receive and adopt the Company's audited
financial statements and the reports of the
Directors and auditor for the year ended 31
To declare a final dividend of HK$0.15 per
share for the year ended 31 March 2020
For identification purposes only
- 1 -
Number of Votes (%)(Note(a))
To re-elect Tan Sri Dato' David CHIU as an
To re-elect Mr. Dennis CHIU as an Executive
To re - elect Mr . Kwok Wai CHAN as an
Independent Non-Executive Director
To authorize the Board to fix the respective
To re-appoint Deloitte Touche Tohmatsu as
auditor of the Company and to authorize the
Board to fix their remuneration
To grant a general mandate to issue shares
To grant a general mandate to repurchase shares
Conditional upon the passing of resolutions
no. 8 and no. 9, to extend the mandate to issue
The number and percentage of votes are based on the total number of shares of the Company voted by the shareholders of the Company present in person or by proxy at the AGM.
As a majority of the votes were cast in favour of each of the resolutions no. 1 to no. 10, all such ordinary resolutions were duly passed.
The total number of issued shares of the Company as at the date of the AGM: 2,350,646,209 shares.
The total number of shares of the Company entitling the holder to attend and vote on the resolutions at the AGM: 2,350,646,209 shares.
The total number of shares of the Company entitling the holder to attend and abstain from voting in favour of the resolutions at the AGM as set out in Rule 13.40 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules"): Nil.
- 2 -
The total number of shares of the Company that are required under the Listing Rules to abstain from voting at the AGM: Nil.
None of the shareholders of the Company have stated their intention in the Company's circular dated 28 July 2020 to vote against or to abstain from voting on any of the resolutions at the AGM.
The Company's Hong Kong share registrar, Tricor Standard Limited, acted as the scrutineer for the vote- taking at the AGM.
By order of the Board of
Far East Consortium International Limited
Wai Hung Boswell CHEUNG
Hong Kong, 15 September 2020
As at the date of this announcement, the Board comprises five executive directors, namely Tan Sri Dato' David CHIU, Mr. Cheong Thard HOONG, Mr. Dennis CHIU, Mr. Craig Grenfell WILLIAMS and Ms. Wing Kwan Winnie CHIU; and three independent non-executive directors, namely Mr. Kwok Wai CHAN, Mr. Kwong Siu LAM and Mr. Lai Him Abraham SHEK.
- 3 -
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Far East Consortium International Ltd. published this content on 15 September 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 September 2020 10:19:00 UTC