Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

POLYTEC ASSET HOLDINGS LIMITED

保利達資產控股有限公司*

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 208)

POLL RESULTS OF THE ANNUAL GENERAL MEETING

HELD ON 5 JUNE 2019

The board of directors (the "Board") of Polytec Asset Holdings Limited (the "Company") is pleased to announce the poll results taken at the 2019 Annual General Meeting of the Company held on 5 June 2019 (the "AGM").

Details of the poll results of the respective resolutions proposed at the AGM are as follows:

Number of Votes (%)

Passed by

RESOLUTIONS

FOR

AGAINST

shareholders

1.

To receive and consider the audited financial

3,274,655,637

0

Yes

statements, the report of the directors and the

(100.000%)

(0.000%)

independent auditor's report for the year ended 31

December 2018.

2.

To declare a final dividend of HK$0.083 per share

3,274,660,837

0

Yes

for the year ended 31 December 2018.

(100.000%)

(0.000%)

3.

a) To re-elect Ms. Chio Koc Ieng as a Director.

3,273,632,537

1,028,300

Yes

(99.969%)

(0.031%)

b) To re-elect Ms. Or Pui Ying, Peranza as a

3,273,094,737

1,566,100

Yes

Director.

(99.952%)

(0.048%)

c) To re-elect Prof. Dr. Teo Geok Tien Maurice as

3,274,410,837

250,000

Yes

a Director.

(99.992%)

(0.008%)

4.

To authorise the Board of Directors to fix the

3,274,660,787

50

Yes

Directors' remuneration.

(99.999%)

(0.001%)

5.

To re-appoint KPMG as auditor and to authorise

3,274,660,787

50

Yes

the Board of Directors to fix the auditor's

(99.999%)

(0.001%)

remuneration.

1

POLYTEC ASSET HOLDINGS LIMITED

Poll Results of the Annual General Meeting held on 5 June 2019

Number of Votes (%)

Passed by

RESOLUTIONS

FOR

AGAINST

shareholders

6.

To grant a general mandate to the Directors to

3,166,852,666

107,808,171

Yes

allot, issue and deal with additional shares not

(96.708%)

(3.292%)

exceeding 20% of the total number of existing

issued ordinary share capital of the Company.#

7.

To grant a general mandate to the Directors to

3,274,660,837

0

Yes

repurchase shares not exceeding 10% of the total

(100.000%)

(0.000%)

number of existing issued ordinary share capital of

the Company.#

8.

To extend the general mandate granted to the

3,198,913,566

75,747,271

Yes

Directors to issue shares by adding the number of

(97.687%)

(2.313%)

shares repurchased.#

  • The full text of the resolutions 6, 7 and 8 is set out in the Notice of AGM dated 29 April 2019.

As the majority of the votes were cast in favour of each of the above resolutions, all the resolutions were duly passed as ordinary resolutions by way of poll.

Notes:

  1. The total number of shares entitling the shareholders to attend and vote for or against all the resolutions at the AGM: 4,438,967,838 ordinary shares.
  2. The total number of shares entitling the shareholders to attend and abstain from voting in favour of the resolutions 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") at the AGM: Nil.
  3. None of the shareholders are required under the Listing Rules to abstain from voting.
  4. Tricor Tengis Limited, the Company's branch share registrar in Hong Kong, acted as scrutineer of the vote-taking at the AGM.

By Order of the Board

Polytec Asset Holdings Limited

Or Wai Sheun

Chairman

Hong Kong, 5 June 2019

As at the date of this announcement, Mr. Or Wai Sheun (Chairman), Mr. Yeung Kwok Kwong, Ms. Wong Yuk Ching and Ms. Chio Koc Ieng are Executive Directors of the Company; Mr. Lai Ka Fai and Ms. Or Pui Ying, Peranza are Non-executive Directors of the Company and Mr. Liu Kwong Sang, Dr. Tsui Wai Ling, Carlye and Prof. Dr. Teo Geok Tien Maurice are Independent Non-executive Directors of the Company.

*For identification purpose only

2

POLYTEC ASSET HOLDINGS LIMITED

Poll Results of the Annual General Meeting held on 5 June 2019

Attachments

Disclaimer

Polytec Asset Holdings Limited published this content on 05 June 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 05 June 2019 10:02:01 UTC