OLD CHANG KEE LTD. OLD CHANG KEE LTD.
(Incorporated in the Republic of Singapore)
(Company Registration Number 200416190W)
ANNOUNCEMENT ON THE RESULTS OF ANNUAL GENERAL MEETING HELD ON 29 SEPTEMBER 2020
The Board of Directors of Old Chang Kee Ltd. (the "Company") is pleased to announce, pursuant to Rule 704(15) of the Listing Manual (Section B: Rules of Catalist) of the Singapore Exchange Securities Trading Limited ("Catalist Rules"), that at the Annual General Meeting ("AGM") of the Company held on 29 September 2020, all resolutions set out in the Notice of AGM dated 7 September 2020, and put to vote at the AGM, were duly passed on a poll vote.
-
Breakdown of valid votes cast
The results of the poll on each of the resolutions put to the vote at the AGM are set out below for information:
FOR | AGAINST | ||||||||
Total | |||||||||
As a | As a | ||||||||
number of | percentage | percentage | |||||||
shares | of total | of total | |||||||
Resolution number | represented | Number of | number of | Number | number of | ||||
and details | by votes for | votes for | votes for | ||||||
Shares | of Shares | ||||||||
and against | and | and | |||||||
the relevant | against the | against the | |||||||
resolution | resolution | resolution | |||||||
(%) | (%) | ||||||||
Ordinary Business | |||||||||
Resolution 1: | |||||||||
To receive and adopt the | |||||||||
Directors' Statement and | |||||||||
Audited | Financial | 79,102,600 | 79,102,600 | 100.00 | 0 | 0.00 | |||
Statements | for | the | |||||||
financial | year | ended | 31 | ||||||
March | 2020 | together | |||||||
with the Auditors' Report | |||||||||
thereon | |||||||||
Resolution 2: | |||||||||
To approve the payment | |||||||||
of a final tax-exempt | |||||||||
(one-tier) dividend of 0.5 | 79,102,600 | 79,102,600 | 100.00 | 0 | 0.00 | ||||
Singapore cents | per | ||||||||
ordinary | share for | the | |||||||
financial | year | ended | 31 | ||||||
March 2020 | |||||||||
Resolution 3: | |||||||||
To approve the payment | |||||||||
of Directors' | fees | of | 79,102,600 | 79,102,600 | 100.00 | 0 | 0.00 | ||
S$164,000/- for the | |||||||||
financial year ending 31 | |||||||||
March | 2021 | (payable | |||||||
quarterly in arrears) | |||||||||
FOR | AGAINST | |||||
Total | ||||||
As a | As a | |||||
number of | percentage | percentage | ||||
shares | of total | of total | ||||
Resolution number | represented | Number of | number of | Number | number of | |
and details | by votes for | votes for | votes for | |||
Shares | of Shares | |||||
and against | and | and | ||||
the relevant | against the | against the | ||||
resolution | resolution | resolution | ||||
(%) | (%) | |||||
Resolution 4 | ||||||
To re-elect Mr Han Keen | 79,102,600 | 79,102,600 | 100.00 | 0 | 0.00 | |
Juan as a Director of the | ||||||
Company | ||||||
Resolution 5 | ||||||
To re-elect Mr Lim Tao-E | 79,102,600 | 79,102,600 | 100.00 | 0 | 0.00 | |
William as a Director of | ||||||
the Company | ||||||
Resolution 6 | ||||||
To re-elect Mr Hawazi | 79,102,600 | 79,102,600 | 100.00 | 0 | 0.00 | |
Bin Daipi as a Director of | ||||||
the Company | ||||||
Resolution 7:
To re-appoint Ernst & Young LLP as Auditors of the Company and to authorise the Directors to fix their remuneration
Special Business
Resolution 8:
To approve the proposed renewal of Share Buyback Mandate
Resolution 9:
To approve the proposed Share Issue Mandate
79,102,600 | 79,102,600 | 100.00 | 0 | 0.00 |
79,102,600 | 79,102,600 | 100.00 | 0 | 0.00 |
79,102,600 | 79,102,600 | 100.00 | 0 | 0.00 |
Mr Han Keen Juan, who was re-elected as a Director of the Company at the AGM, continues his office as Executive Chairman of the Company.
Mr Lim Tao-E William, who was re-elected as a Director of the Company at the AGM, continues his office as Executive Director and Chief Executive Officer of the Company.
Mr Hawazi Bin Daipi, who was re-elected as a Director of the Company at the AGM, continues his office as Independent Non-Executive Director and remains as Chairman of the Remuneration Committee and a member of the Nominating Committee and Audit Committee. Mr Hawazi Bin Daipi is considered independent for the purposes of Rule 704(7) of the Catalist Rules.
- Details of parties who are required to abstain from voting on any resolution(s), including the number of shares held and the individual resolution(s) on which they are required to abstain from voting
No party was required to abstain from voting on any of the above resolutions at the AGM. - Name of firm and/or person appointed as scrutineer
DrewCorp Services Pte Ltd was appointed as scrutineer at the AGM.
For and on behalf of the Company
Name: Lim Tao-E William
Designation: Chief Executive Officer
Date: 29 September 2020
This announcement has been reviewed by the Company's sponsor, PrimePartners Corporate Finance Pte. Ltd. (the "Sponsor"). It has not been examined or approved by the Singapore Exchange Securities Trading Limited (the "Exchange") and the Exchange assumes no responsibility for the contents of this document, including the correctness of any of the statements or opinions made or reports contained in this document.
The contact person for the Sponsor is Ms Jennifer Tan, 16 Collyer Quay, #10-00 Income at Raffles, Singapore 049318, sponsorship@ppcf.com.sg.
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Old Chang Kee Ltd. published this content on 29 September 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 September 2020 09:34:03 UTC
