SANLI ENVIRONMENTAL LIMITED
Company Registration No.: 201705316M
RESULTS OF THE ANNUAL GENERAL MEETING HELD ON 29 SEPTEMBER 2021
The Board of Directors (the "Board") of Sanli Environmental Limited (the "Company", and together with its subsidiaries, the "Group") wishes to announce that pursuant to Rule 704(15) of the Listing Manual Section B: Rules of Catalist of the Singapore Exchange Securities Trading Limited (the "SGX-ST") ("Catalist Rules"), on a poll vote, all resolutions as set out in the Notice of Annual General Meeting ("AGM") dated 14 September 2021 were duly passed by the shareholders of the Company at the AGM held on 29 September 2021.
- Breakdown of all valid votes cast at the AGM
Total No. of | FOR | AGAINST | |||||||||||||||
Shares | |||||||||||||||||
No. | Ordinary Resolutions | Represented by | No. of | Percentage | No. of | Percentage | |||||||||||
Votes For and | |||||||||||||||||
Shares | (%) | Shares | (%) | ||||||||||||||
Against | |||||||||||||||||
1. | To receive and adopt the | 171,538,223 | 171,538,223 | 100.00 | 0 | 0.00 | |||||||||||
Directors' Statement and | |||||||||||||||||
Audited Financial Statements for | |||||||||||||||||
the financial year ended 31 | |||||||||||||||||
March 2021 together with the | |||||||||||||||||
Independent Auditor's Report | |||||||||||||||||
thereon. | |||||||||||||||||
2. | To approve a tax exempt (1-tier) | 171,538,223 | 171,538,223 | 100.00 | 0 | 0.00 | |||||||||||
final dividend of 0.07 Singapore | |||||||||||||||||
cent per share for the financial | |||||||||||||||||
year ended 31 March 2021. | |||||||||||||||||
3. | To approve Directors' fees of | 171,538,223 | 171,538,223 | 100.00 | 0 | 0.00 | |||||||||||
S$122,502 for the financial year | |||||||||||||||||
ended 31 March 2021. | |||||||||||||||||
4. | To re-elect Mr Kew Boon Kee, a | 158,255,548 | 158,255,548 | 100.00 | 0 | 0.00 | |||||||||||
Director retiring pursuant to | |||||||||||||||||
Regulation 108 of the | |||||||||||||||||
Company's Constitution. | |||||||||||||||||
5. | To re-elect Mr Lee Tien Chiat, a | 158,255,548 | 158,255,548 | 100.00 | 0 | 0.00 | |||||||||||
Director retiring pursuant to | |||||||||||||||||
Regulation 108 of the | |||||||||||||||||
Company's Constitution. | |||||||||||||||||
6. | To re-elect Mr Latiff Bin Ibrahim, | 171,538,223 | 171,538,223 | 100.00 | 0 | 0.00 | |||||||||||
a Director retiring pursuant to | |||||||||||||||||
Regulation 118 of the | |||||||||||||||||
Company's Constitution. | |||||||||||||||||
7. | To re-appoint Messrs Deloitte & | 171,538,223 | 171,538,223 | 100.00 | 0 | 0.00 | |||||||||||
Touche LLP, as auditors of the | |||||||||||||||||
Company and to authorise the | |||||||||||||||||
Directors to fix their | |||||||||||||||||
remuneration. | |||||||||||||||||
8. | To authorise Directors to allot | 171,538,223 | 171,538,223 | 100.00 | 0 | 0.00 | |||||||||||
and issue shares and | |||||||||||||||||
convertible securities. | |||||||||||||||||
9. | To approve the proposed | 171,538,223 | 171,538,223 | 100.00 | 0 | 0.00 | |||||||||||
renewal of the Share Buy-back | |||||||||||||||||
Mandate. |
SANLI ENVIRONMENTAL LIMITED
RESULTS OF THE ANNUAL GENERAL MEETING HELD ON 29 SEPTEMBER 2021
Page 2
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Details of parties who are required to abstain from voting on any resolution(s)
Pursuant to Rule 704(15)(b) of the Catalist Rules, the details of parties who are required to and have abstained from voting on the resolutions tabled at the AGM are set out below.
Resolutions Number and details | Name | Number of Shares held | ||||
Ordinary Resolution 3 | ||||||
To approve Directors' fees of S$122,502 for | Mr Chan Hock Leong | 100,000 | ||||
the financial year ended 31 March 2021. | ||||||
Ordinary Resolution 4 | ||||||
To re-elect Mr Kew Boon Kee, | a | Director | Mr Kew Boon Kee | 13,282,675 | ||
retiring pursuant to Regulation 108 of the | ||||||
Company's Constitution. | ||||||
Ordinary Resolution 5 | ||||||
To re-elect Mr Lee Tien Chiat, | a | Director | Mr Lee Tien Chiat | 13,282,675 | ||
retiring pursuant to Regulation 108 of the | ||||||
Company's Constitution. |
- Name of firm appointed as Scrutineer
Incorp Business Advisory Pte Ltd was appointed as Scrutineer for the conduct of poll at the AGM. - Re-appointmentof Director to Audit Committee
Mr Latiff Bin Ibrahim, who was re-appointed as a Director of the Company continue to serve as the Chairman of the Board, the Chairman of the Nominating Committee, a member of the Remuneration Committee and the Audit Committee. Mr Latiff is considered independent for purposes of Rule 704(7) of the Catalist Rules.
By Order of the Board
Sanli Environmental Limited
Mr Ng Lip Chi, Lawrence
Non-Executive Chairman and Independent Director
29 September 2021
This announcement has been reviewed by the Company's sponsor ("Sponsor"), SAC Capital Private Limited. This announcement has not been examined or approved by the SGX-ST and the SGX-ST assumes no responsibility for the contents of this announcement, including the correctness of any of the statements or opinions made, or reports contained in this announcement. The contact person for the Sponsor is Mr David Yeong (Tel: (65) 6232 3210) at 1 Robinson Road, #21-00 AIA Tower, Singapore 048542.
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Sanli Environmental Ltd. published this content on 29 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 September 2021 10:11:14 UTC.