3rd Dec 2010 11:54
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ASIAN CITRUS HOLDINGS LIMITED
亞洲果業控股有限公司
(incorporated in Bermuda with limited liability)
(Stock Code: HKSE 73; AIM: ACHL)
ANNUAL GENERAL MEETING HELD ON 3 DECEMBER 2010 POLL RESULTS
At the Annual General Meeting of Asian Citrus Holdings Limited (the "Company") held on 3 December 2010 (the "AGM"), a poll was demanded by the Chairman of the AGM for voting on all proposed resolutions. The Company is pleased to announce the results of the poll as follows:
Ordinary Resolutions | Number of Votes (%) | ||
For | Against | ||
1 | To receive and consider the audited financial statements and the reports of the directors of the Company ("Directors") and Auditors for the year ended 30 June 2010 | 787,700,126 (100%) | 0 (0%) |
2 | To declare a final dividend of RMB0.10 per ordinary share and a special dividend of RMB0.02 per ordinary share for the year ended 30 June 2010 | 787,700,126 (100%) | 0 (0%) |
3a | To re-elect Mr. Pang Yi as executive Director of the Company | 770,316,623 (97.79%) | 17,383,503 (2.21%) |
3b | To re-elect Mr. Yang Zhen Han, as independent non-executive Director of the Company | 780,440,126 (99.08%) | 7,260,000 (0.92%) |
3c | To re-elect Mr. Ma Chiu Cheung, Andrew as independent non-executive Director of the Company | 770,708,341 (97.84%) | 16,991,785 (2.16%) |
3d | To re-elect Mr. Nicholas Smith as independent non-executive Director of the Company | 780,440,126 (99.08%) | 7,260,000 (0.92%) |
4 | To re-appoint Baker Tilly Hong Kong Limited as auditors of the Company, to hold office from the conclusion of the Meeting to the next annual general meeting, during which accounts will be laid before the Company and to authorise the directors to fix their remuneration | 787,700,126 (100%) | 0 (0%) |
5 | To grant an unconditional mandate to the Directors to allot new ordinary shares of the Company | 726,753,566 (92.28%) | 60,784,560 (7.72%) |
6 | To extend the ordinary shares issue mandate granted to the Directors | 734,013,566 (93.20%) | 53,524,560 (6.80%) |
As more than 50% of the votes were cast in favour of each of the above resolutions, all the resolutions were duly passed as ordinary resolutions.
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Special Resolutions | Number of Votes (%) | ||
For | Against | ||
7 | To grant an unconditional mandate to the Directors to repurchase shares of the Company | 786,359,133 (99.85%) | 1,178,993 (0.15%) |
As more than 75% of the votes were cast in favour of each of the above resolutions, all the resolutions were duly passed as special resolutions.
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Notes:
1. The total number of shares of the Company entitling the holders to attend and vote for or against the resolutions at the AGM was 1,031,282,740 shares.
2. No shareholders of the Company were subject to any restrictions in exercising their votes on any of the proposed resolutions at the AGM.
3. Computershare Investor Services PLC, the Company's Share Registrars, was appointed as the scrutineer for the vote-taking at the AGM.
Made by the order of the Board
Asian Citrus Holdings LimitedTong Wang Chow
Executive Director
Hong Kong, 3 December 2010
As at the date of this announcement, the Board comprises Mr. Tong Wang Chow, Mr. Tong Hung Wai,Tommy, Mr. Cheung Wai Sun, Mr. Pang Yi and Mr. Sung Chi Keung, being the executive Directors; Mr.Ip Chi Ming and Hon Peregrine Moncreiffe, being the non-executive Directors; and Mr. Ma ChiuCheung, Andrew, Mr. Nicholas Smith, Mr. Yang Zhenhan and Dr. Lui Ming Wah, SBS JP, being the independent non-executive Directors.
Related Shares:
ACHL.L