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RESULTS OF ANNUAL GENERAL MEETING
HELD ON 2 SEPTEMBER 2019
RESULTS OF THE AGM
Reference is made to the circular incorporating a notice of annual general meeting (the "Notice") of Mei Ah Entertainment Group Limited (the "Company") dated 31 July 2019 (the "Circular"), in relation to the general mandates to issue and repurchase shares and re-election of directors. Unless otherwise defined, terms used herein shall have the same meaning as defined in the Circular.
The board of directors of the Company announces that at the annual general meeting of the Company held on 2 September 2019 (the "AGM") at which voting was taken by poll, all resolutions were approved by the holders of ordinary shares. The Company appointed Tricor Tengis Limited, its branch share registrar in Hong Kong as scrutineer for the vote-taking at the AGM.
A total of 5,923,738,525 ordinary shares entitled the holders to attend and vote for or against all resolutions at the AGM, and there was no restriction on any holder of ordinary shares to vote on any resolution at the AGM. The number of ordinary shares represented by votes for and against the resolutions at the AGM were as follows:
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For | Against | |||||||||
Resolutions | Number of | % | Number of | % | ||||||
shares | shares | |||||||||
1. | To receive and consider the audited | |||||||||
consolidated financial | statements and | the | 2,682,861,597 | 100.00 | - | - | ||||
reports of the directors and auditors for the | ||||||||||
year ended 31 March 2019. | ||||||||||
2(a)(i). | To re-elect Mr. Tong Hing Chi, one of the | 2,682,861,597 | 100.00 | - | - | |||||
retiring directors. | ||||||||||
2(a)(ii). | To re-elect Mr. Hugo | Shong, | one | of | the | 2,670,010,300 | 99.52 | 12,851,297 | 0.48 | |
retiring directors. | ||||||||||
2(a)(iii). | To re-elect Dr. Lam | Lee G., | one | of | the | 2,681,665,278 | 99.96 | 1,196,319 | 0.04 | |
retiring directors. | ||||||||||
2(b). | To authorise the Board of Directors to fix the | |||||||||
directors' remuneration and set a maximum | 2,682,861,597 | 100.00 | - | - | ||||||
number of Directors. | ||||||||||
3. | To re-appoint PricewaterhouseCoopers as | |||||||||
auditors and to authorise the Board of | 2,682,861,597 | 100.00 | - | - | ||||||
Directors to fix their remuneration. | ||||||||||
4. | To give a general mandate to the Directors to | |||||||||
purchase shares not exceeding 10% of the | 2,682,861,597 | 100.00 | - | - | ||||||
total nominal amount of the existing issued | ||||||||||
share capital. | ||||||||||
5. | To give a general mandate to the Directors to | |||||||||
issue, allot and deal in additional shares not | 2,681,665,278 | 99.96 | 1,196,319 | 0.04 | ||||||
exceeding 20% of the total nominal amount | ||||||||||
of the existing issued share capital. | ||||||||||
6. | To extend the general mandate granted to the | |||||||||
Directors to issue shares by the total nominal | 2,681,665,278 | 99.96 | 1,196,319 | 0.04 | ||||||
amount of shares repurchased. |
On behalf of the Board
Li Kuo Hsing
Chairman
Hong Kong, 2 September 2019
As at the date of this announcement, the executive directors of the Company are Mr. Li Kuo Hsing, Mr Tong Hing Chi, Mr. Li Tang Yuk and Dr. Dong Ming, the non-executive directors are Mr. Hugo Shong and Mr. Alan Cole-Ford and the independent non-executive directors are Dr. Lam Lee G., Mr. Guo Yan Jun and Mr. Leung Tak Sing, Dominic.
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