TELEVISION BROADCASTS LIMITED 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.
(Incorporated in Hong Kong with limited liability)
Stock Code: 00511
ANNUAL GENERAL MEETING HELD ON 22 MAY 2019
POLL RESULTS
The Board of Directors ("Board") of Television Broadcasts Limited ("Company") announces the poll results in respect of the ordinary resolutions proposed at the Annual General Meeting of the Company held on 22 May 2019 ("AGM") as follows:
Ordinary Resolutions | Number of Votes* ( % ) | |||
For | Against | |||
1. | To receive and adopt the Audited Financial | 152,730,750 (53.07%) | 135,066,152 | (46.93%) |
Statements and the Report of the Directors and | ||||
the Independent Auditor's Report for the year | ||||
ended 31 December 2018 | ||||
2. | To declare a final dividend of HK$0.70 for the | 287,796,902 (100.00%) | - (0.00%) | |
year ended 31 December 2018 | ||||
3. | To re-elect the following retiring Directors | |||
(i) Mr. Mark Lee Po On | 286,772,107 (99.64%) | 1,024,795 (0.36%) | ||
(ii) Dr. Raymond Or Ching Fai | 206,719,537 (71.83%) | 81,077,365 | (28.17%) | |
4. | To re-appoint PricewaterhouseCoopers as the | 287,183,702 (99.79%) | 613,200 (0.21%) | |
auditor of the Company and authorise | ||||
Directors to fix its remuneration | ||||
5. | To grant a general mandate to Directors to | 190,385,659 (66.15%) | 97,411,243 | (33.85%) |
issue 5% additional shares | ||||
6. | To grant a general mandate to Directors to | 287,211,650 (99.80%) | 585,252 (0.20%) | |
repurchase 5% issued shares | ||||
7. | To extend the authority given to the Directors | 191,166,439 (66.42%) | 96,630,463 | (33.58%) |
under Resolution (5) to shares repurchased | ||||
under the authority given in Resolution (6) | ||||
8. | To extend the book close period from 30 days | 173,376,297 (60.24%) | 114,420,213 | (39.76%) |
to 60 days | ||||
- The number and percentage of votes have been scaled down in accordance with Section 19(1) of Schedule 1 of the Broadcasting Ordinance (Chapter 562 of the Laws of Hong Kong) ("Broadcasting Ordinance").
1
As more than 50% of the votes were cast in favour of resolutions 1 to 8 at the AGM, these resolutions were duly passed by way of poll as ordinary resolutions of the Company.
Pursuant to Section 19(1) of Schedule 1 of the Broadcasting Ordinance, only the shares to which the Declarations of Voting Control of shares issued by the Company have been duly completed and received by the Company by the Specified Date may cast votes at the AGM.
The total number of shares of the Company in issue as at the date of AGM was 438,000,000 shares.
The total number of shares entitling the holders to attend and vote on all of the resolutions at the AGM was 300,026,121 shares.
The total number of shares entitling the holders to attend and abstain from voting in favour as set out in Rule 13.40 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited ("Listing Rules") at the AGM was nil.
The total number of shares entitling the holders to abstain from voting under the Listing Rules was nil.
The Company's share registrar, Computershare Hong Kong Investor Services Limited, was appointed as the scrutineer for vote-taking at the AGM.
By Order of the Board
Adrian MAK Yau Kee
Company Secretary
Hong Kong, 22 May 2019
2
As at the date of this announcement and immediately following the successful re-election of the relevant Directors at the AGM, the Board of the Company comprises:
Chairman and Non-executive Director
Dr. Charles CHAN Kwok Keung
Vice Chairman and Non-executive Director
LI Ruigang
Executive Directors
Mark LEE Po On Group Chief Executive Officer
CHEONG Shin Keong General Manager
Thomas HUI To
Non-executive Directors
Anthony LEE Hsien Pin
CHEN Wen Chi
Independent Non-executive Directors
Dr. Raymond OR Ching Fai SBS, JP
Dr. William LO Wing Yan JP
Professor Caroline WANG Chia-Ling
Dr. Allan ZEMAN GBM, GBS, JP
3
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TVB - Television Broadcasts Ltd. published this content on 22 May 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 22 May 2019 13:47:06 UTC
