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(Incorporated in Bermuda with limited liability)
(Stock Code : 75) POLL RESULTS OF THE 2016 ANNUAL GENERAL MEETINGAt the annual general meeting of Y. T. Realty Group Limited (the "Company") held on 20 May 2016 (the "AGM"), all the proposed resolutions set out in the notice convening the AGM dated 15 April 2016 were voted on by poll. The poll results of the AGM are as follows:
Ordinary Resolution | Number of Votes (%) | Passed by Shareholders | ||
For | Against | |||
1 | To receive and consider the audited financial statements and reports of the directors and auditors of the Company for the year ended 31 December 2015. | 537,219,815 (100%) | 0 (0.00%) | Yes |
2(a)(i) | To re-elect Mr. Cheung Chung Kiu as an executive director of the Company. | 537,324,815 (99.99%) | 11,000 (0.01%) | Yes |
2(a)(ii) | To re-elect Mr. Yuen Wing Shing as an executive director of the Company. | 537,324,815 (99.99%) | 11,000 (0.01%) | Yes |
2(b) | To authorise the board of directors of the Company to fix the directors' remuneration. | 537,324,815 (99.99%) | 11,000 (0.01%) | Yes |
3 | To re-appoint Ernst & Young as the auditors of the Company and to authorise the board of directors of the Company to fix their remuneration. | 537,208,815 (99.98%) | 127,000 (0.02%) | Yes |
4(A) | To grant a general mandate to the directors of the Company to repurchase shares of the Company in issue, not exceeding 10% of the total number of shares of the Company in issue as at the date of this resolution. | 537,335,815 (100%) | 0 (0.00%) | Yes |
4(B) | To grant a general mandate to the directors of the Company to allot, issue and deal with additional shares in the Company, not exceeding 20% of the total number of shares of the Company in issue as at the date of this resolution. | 530,814,815 (98.79%) | 6,521,000 (1.21%) | Yes |
4(C) | To extend the general mandate granted to the directors of the Company to allot, issue and deal with additional shares in the Company by the addition thereto of a total number of the shares repurchased by the Company. | 530,814,815 (99.79%) | 1,095,000 (0.21%) | Yes |
On behalf of the board
Cheung Chung KiuChairman and Managing Director
Hong Kong, 20 May 2016
Notes:
As at the date of the AGM, the total number of shares of the Company in issue was 799,557,415 shares, which was the total number of shares entitling holders to attend and vote on all the resolutions at the AGM.
There were no shares of the Company entitling holders to attend and abstain from voting in favour at the AGM as set out in rule 13.40 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules").
No shareholders of the Company were required under the Listing Rules to abstain from voting at the AGM.
The Company's branch share registrar in Hong Kong, Tricor Abacus Limited, acted as scrutineer for the vote-taking at the AGM.
Particulars of Mr. Cheung Chung Kiu and Mr. Yuen Wing Shing are given in the circular of the Company dated 15 April 2016.
As at the date hereof, the board of directors of the Company comprises Cheung Chung Kiu, Yuen Wing Shing and Tung Wai Lan, Iris who are executive directors; and Ng Kwok Fu, Luk Yu King, James and Leung Yu Ming, Steven who are independent non-executive directors.
* For identification purposes only