The Board of Directors of Zhongmin Baihui Retail Group Ltd. (the "Company") wishes to announce that all resolutions relating to the matters set out in the Notice of Annual General Meeting dated 14 July 2021 were duly passed at the Annual General Meeting (the "AGM") of the Company held by way of electronic means today.
The following are the poll results in respect of the resolutions passed at the AGM of the Company.
No
Resolutions relating to:
Total
number
For
Against
of
shares
No. of shares
%
No. of shares
%
represented
by votes for
and
against
the
relevant
resolution
1
Adoption of Audited
Financial Statements,
120,209,480
120,209,480
100.00
-
0.00
Directors' Statement
and Auditor's Report
2
To declare a final one-
tier tax exempt
dividend of 2.0
Singapore cents per
120,209,480
120,209,480
100.00
-
0.00
ordinary share for the
financial year ended 31
December 2020
3
Approval of proposed
Directors' fees of
S$154,000 for the
120,209,480
120,209,480
100.00
-
0.00
financial year ended 31
December 2020
4
Approval of proposed
Directors' fees of
S$34,417 for the two (2)
Directors who are
retiring at the AGM,
namely Mr. Su Caiye
120,209,480
120,209,480
100.00
-
0.00
and Dr. Ong Seh Hong,
for services rendered
for the period from 1
January 2021 to 29 July
2021, to be paid in
arrears
5.
Re-election of Mr. Lee
Swee Keng as a
120,209,480
120,209,480
100.00
-
0.00
Director
6.
Re-election of Ms. Goh
120,209,480
120,209,480
100.00
-
0.00
Poh Kee as a Director
7
Appointment of Mr.
Kho Kewee as an
120,209,480
120,209,480
100.00
-
0.00
Independent Director of
the Company
8
Re-appointment of
Messrs Ernst & Young
120,209,480
120,209,480
100.00
-
0.00
LLP as Auditors
9
Authority to issue and
allot shares pursuant to
120,209,480
119,982,080
99.81
227,400
0.19
Section 161 of the
Companies Act, Cap. 50
10
Approval of the
proposed Share
120,209,480
120,209,480
100.00
-
0.00
Buyback Mandate
Abstention from voting on any resolution(s)
There were no parties who were required to abstain from voting on the resolutions relating to the matters set out in the Notice of Annual General Meeting dated 14 July 2021.
Scrutineer
Grant Thornton Singapore Pte Ltd was appointed as independent scrutineer for the polling conducted at the AGM of the Company.
By Order of the Board
Lee Swee Keng
Executive Chairman
29 July 2021
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Zhongmin Baihui Retail Group Ltd. published this content on 29 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 July 2021 10:06:05 UTC.
Zhongmin Baihui Retail Group Ltd. is a Singapore-based investment holding company. The Company, through its subsidiaries, is principally engaged in the ownership, operation, and management of a chain of department stores and retail stores in Fujian Province, Peopleâs Republic of China (PRC). The Company has approximately 16 self-owned stores and three managed stores, covering an aggregate gross floor area (GFA) of approximately 219,100 square meters (sqm). Its five self-owned stores are primarily supermarkets, while the rest are large integrated stores. Its department stores offer a range of clothes and accessories for men, women, and children from domestic and international brands from concessionaires, while the supermarkets are stocked with a range of items, including fresh produce and live seafood. The Company also offers food and beverage options and other essential services to improve its customers shopping experience.
ZHONGMIN BAIHUI RETAIL GROUP LTD. 
