Power Assets Holdings Limited at the Annual General Meeting held on May 15, 2014 approved final dividend of HKD 1.9 per share.

The company also elected Mr. Fok Kin Ning, Canning as a Director. The company announced that Mr. Holger Kluge, an Independent Non-executive Director of the company, has retired from the Board with effect from the conclusion of the AGM. He was not seeking re-election at the AGM for health reasons. Following Mr. Kluge's retirement as a Director of the company, he has ceased to be a member of the company's Audit Committee with effect from the conclusion of the AGM. Mr. Kluge has confirmed that he has no disagreement with the Board and that he is not aware of any matter relating to his retirement that needs to be brought to the attention of the shareholders of the company.