Kinetic Mines and Energy : Announcements and Notices - Poll Results of the Extraordinary General Meeting Held on 13 October 2017

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KINETIC MINES AND ENERGY LIMITED

力 量 礦 業 能 源 有 限 公 司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 1277)

POLL RESULTS OF THE EXTRAORDINARY GENERAL MEETING HELD ON 13 OCTOBER 2017

At the extraordinary general meeting (''EGM'') of Kinetic Mines and Energy Limited (the ''Company'') held on 13 October 2017, all the proposed resolutions as set out in the notice of the EGM dated 4 September 2017 were taken by poll. The poll results are as follows:

Resolutions		Number of votes cast (% of votes cast)
		For	Against
1	(i) the declaration and payment of an interim dividend of HK$0.01 per share out of the share premium account of the Company (the ''Interim Dividend'') to shareholders of the Company whose names appear on the register of members of the Company as at the close of business on 23 October 2017 be and is hereby approved and any director of the Company be and is hereby authorised to take such action, do such things and execute such further documents as the director may at his/her absolute discretion consider necessary or desirable for the purpose of or in connection with the implementation of the payment of the Interim Dividend; and	5,307,768,300 (100%)	0 (0%)
	(ii) the reduction of the share premium account of the Company by the amount of HK$84,300,000 pursuant to the payment of the Interim Dividend be and is hereby approved.	5,307,768,300 (100%)	0 (0%)

As at the date of the EGM, the issued share capital of the Company was 8,430,000,000 shares, which was the total number of shares entitling the holders to attend and vote for or against any of the proposed resolutions at the EGM. There were no shares entitling the holders to attend and abstain from voting in favour at the EGM 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'').

No shareholder of the Company was required under the Listing Rules to abstain from voting on the resolutions at the EGM. None of the shareholders has stated their intention in the Company's circular dated 4 September 2017 to vote against or to abstain from voting on any of the resolutions at the EGM.

As more than 50% of the votes were cast in favour of each of the above resolutions, all resolutions were duly passed as ordinary resolutions.

Computershare Hong Kong Investor Services Limited, the Company's branch share registrar in Hong Kong, acted as the scrutineer for the vote-taking at the EGM.

By Order of the Board

Kinetic Mines and Energy Limited Zhang Li

Chairman and Executive Director

Hong Kong, 13 October 2017

As at the date of this announcement, the board of directors of the Company comprises seven directors, of whom three are executive directors, namely Mr. Zhang Li (Chairman), Mr. Gu Jianhua (Chief Executive Officer) and Mr. Zhang Liang, Johnson; one is a non-executive director, namely Ms. Zhang Lin, and three are independent non-executive directors, namely Ms. Xue Hui, Ms. Liu Peilian and Mr. Zheng Ercheng.