Lerthai : POLL RESULTS OF THE ANNUAL GENERAL MEETING HELD ON 29 JULY 2020

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(Incorporated in Hong Kong with limited liability)

(Stock Code: 112)

POLL RESULTS OF THE ANNUAL GENERAL MEETING

HELD ON 29 JULY 2020

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

Reference is made to the circular (the "Circular") incorporating the notice (the "Notice") of the annual general meeting (the "Annual General Meeting") of Lerthai Group Limited (the "Company") dated 29 June 2020. Unless the context otherwise requires, capitalized terms used in this announcement shall have the same meanings as those defined in the Circular.

RESULTS OF THE ANNUAL GENERAL MEETING

At the Annual General Meeting held on Wednesday, 29 July 2020, all proposed resolutions as set out in the Notice were taken by way of poll. The Company's share registrar and transfer office, Tricor Secretaries Limited, was appointed as the scrutineer at the Annual General Meeting for the purpose of vote-taking.

As at the date of the Annual General Meeting, the total number of issued shares in the Company was 1,072,099,304 Shares, which was the total number of Shares entitling the Shareholders to attend and vote for or against the resolutions at the Annual General Meeting. There were no Shares entitling the Shareholders to attend and abstain from voting in favour of any resolution at the Annual General Meeting as set out in Rule 13.40 of the Listing Rules and there were no Shareholders who are required under the Listing Rules to abstain from voting at the Annual General Meeting. None of the Shareholders has indicated in the Circular that they intended to vote against or to abstain from voting on any resolution at the Annual General Meeting.

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The Board is pleased to announce that all the proposed resolutions were duly passed by the Shareholders by way of poll at the Annual General Meeting. The poll results in respect of each of the resolutions were as follows:

												Number of votes
			ORDINARY RESOLUTIONS				(Approximate %)
												For	Against
1.	To	receive	and consider	audited	consolidated financial	458,783,036	0
	statements,	directors' report and	auditor's report	of	the
	(100%)	(0%)
	Company for the year ended 31 December 2019.
2.	(a)	To re-elect Ms. Zhang Yang as an executive director	458,783,036	0
		of the Company;								(100%)	(0%)
	(b)	To re-elect Mr. Chan Ho Yin as a non-executive	512,389,036	0
		director of the Company;							(100%)	(0%)
	(c)	To re-elect Ms.	Chi	Lai Man Jocelyn	as	a	512,389,036	0
		non-executive director of the Company;				(100%)	(0%)
	(d)	To re-elect Mr. Wong Tat Keung as an independent	458,783,036	0
		non-executive director of the Company;				(100%)	(0%)
	(e)	To re-elect Ms. Chan Lai Ping as an independent	512,389,036	0
		non-executive director of the Company; and			(100%)	(0%)
	(f)	To authorise the directors of the Company to fix	458,783,036	0
		their remuneration.								(100%)	(0%)
3.	To re-appoint ZHONGHUI ANDA CPA Limited as the	458,783,036	0
	auditor of	the	Company	and	to	authorise the board	of
	(100%)	(0%)
	directors of the Company to fix their remuneration.
4.	To give a general mandate to the directors of the Company	458,783,036	53,606,000
	to repurchase shares of the Company not exceeding 10%
	(89.54%)	(10.46%)
	of its issued shares as at the date of this resolution.
5.	To give a general mandate to the directors of the Company
	to allot, issue and deal with additional shares of the	458,691,608	53,697,428
	Company not exceeding 20% of its issued shares as at the	(89.52%)	(10.48%)
	date of this resolution.
6.	Conditional on the passing of resolutions nos. 4 and 5, to
	extend the general mandate given to the directors of the
	Company	to	allot, issue and	deal	with	shares not	458,691,608	53,697,428
	exceeding	the	aggregate	number	of	shares	repurchased
	(89.52%)	(10.48%)
	pursuant to the general mandate granted under resolution
	no. 4.

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

By order of the Board

Lerthai Group Limited

Yang Longfei

Chairman and Chief Executive Officer

Hong Kong, 29 July 2020

As at the date of this announcement, the executive Directors are Mr. Yang Longfei and Ms. Zhang Yan and the non-executive Directors are Mr. Yang Shao Ming; Mr. Chan Ho Yin, Ms. Chi Lai Man Jocelyn; and the independent non-executive Directors are Mr. Wong Hon Kit, Mr. Wong Tat Keung and Ms. Chan Lai Ping.

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