Parkson Retail : POLL RESULTS OF THE ANNUAL GENERAL MEETING HELD ON 23 MAY 2019

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PARKSON RETAIL GROUP LIMITED

百盛商業集團有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock code: 3368)

POLL RESULTS OF THE ANNUAL GENERAL MEETING HELD ON 23 MAY 2019

At the annual general meeting (the "AGM") of Parkson Retail Group Limited (the "Company") held on 23 May 2019, all the proposed resolutions as set out in the notice of the AGM dated 11 April 2019 and the supplementary notice of the AGM dated 6 May 2019 were taken by poll. The poll results are as follows:

		Ordinary Resolutions	Number of Votes (%)
		For	Against
1.	To receive the audited consolidated financial	1,699,958,095	200
	statements and the reports of the directors and	(99.99%)	(0.01%)
	auditors for the year ended 31 December 2018
2.	(i)	To re-elect Mr. He Dong as an executive	1,697,793,095	2,279,200
		director of the Company	(99.87%)	(0.13%)
	(ii) To re-elect Mr. Yau Ming Kim, Robert as an	1,619,103,764	80,968,531
		independent non-executive director of the	(95.24%)	(4.76%)
		Company
	(iii) To re-elect Mr. Ko Desmond as an	1,619,103,764	80,968,531
		independent non-executive director of the	(95.24%)	(4.76%)
		Company
	(iv) To authorize the board of directors to fix the	1,700,072,095	200
		directors' remuneration	(99.99%)	(0.01%)
3.	To re-appoint Messrs. Ernst & Young as auditors and	1,700,072,095	200
	to authorize the board of directors to fix their	(99.99%)	(0.01%)
	remuneration
4.	To give a general mandate to the directors to	1,700,072,095	200
	repurchase shares of the Company not exceeding	(99.99%)	(0.01%)
	10% of the total number of issued shares of the
	Company as at the date of passing of this resolution
5.	To give a general mandate to the directors to issue,	1,637,412,521	62,659,744
	allot and deal with additional shares of the Company	(96.31%)	(3.69%)
	not exceeding 20% of the total number of issued
	shares of the Company as at the date of passing of
	this resolution
6.	To extend the general mandate granted to the	1,637,412,521	62,659,744
	directors to issue, allot and deal with additional	(96.31%)	(3.69%)
	shares in the capital of the Company by the aggregate
	number of the shares repurchased by the Company
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Notes:

1. As a majority of the votes were cast in favour of each of the resolutions numbered 1. to 6., all resolutions were duly passed as ordinary resolutions.
2. As at the date of the AGM, the total number of shares of the Company in issue was 2,634,532,250 shares.
3. The total number of shares of the Company entitling the holder to attend and vote on the resolutions at the AGM was 2,634,532,250 shares.
4. There were no shares 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").
5. No shareholder of the Company was required under the Listing Rules to abstain from voting on the resolutions at the AGM.
6. None of the shareholders of the Company have stated their intention in the Company's circular dated 11 April 2019 and the supplementary notice of AGM dated 6 May 2019 to vote against or to abstain from voting on any of the resolutions at the AGM.
7. The Company's branch share registrar in Hong Kong, Tricor Investor Services Limited, acted as the scrutineer for the vote-taking at the AGM.

By Order of the Board

PARKSON RETAIL GROUP LIMITED

Tan Sri Cheng Heng Jem

Executive Director & Chairman

23 May 2019

As at the date of this announcement, the Executive Directors of the Company are Tan Sri Cheng Heng Jem, Ms. Juliana Cheng San San and Mr. He Dong; the Non-executive Director is Dato' Sri Dr. Hou Kok Chung and the Independent Non-executive Directors are Dato' Fu Ah Kiow, Mr. Ko Desmond and Mr. Yau Ming Kim, Robert.

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