Asian Citrus Holdings Ltd Result of AGM (4138Q)
November 06 2012 - 3:30AM
UK Regulatory
TIDMACHL
RNS Number : 4138Q
Asian Citrus Holdings Ltd
06 November 2012
ASIAN CITRUS HOLDINGS LIMITED
ANNUAL GENERAL MEETING HELD ON 6 NOVEMBER 2012
POLL RESULTS
AND
RETIREMENT OF AN NON-EXECUTIVE DIRECTOR
At the Annual General Meeting of Asian Citrus Holdings Limited
(the "Company") held on 6 November 2012(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:
Number of Votes
(%)
Ordinary Resolutions For Against
-------------- ----------------
To receive and consider the audited financial
statements and the reports of the directors
of the Company (the "Directors") and of
the auditors for the year ended 30 June
1 2012 797,161,118 1,359,422
(99.83%) (0.17%)
----------------------------------------------------- -------------- ----------------
2 To declare a final dividend of RMB0.13 798,520,540 0
per ordinary share for the year ended
30 June 2012
(100%) (0%)
----------------------------------------------------- -------------- ----------------
3a To re-elect Mr. Cheung Wai Sun as Executive 783,616,540 14,904,000
Director of the Company
(98.13%) (1.87%)
----------------------------------------------------- -------------- ----------------
3b To re-elect Mr. Pang Yi as Executive Director 777,570,540 20,950,000
of the Company
(97.38%) (2.62%)
----------------------------------------------------- -------------- ----------------
3c To re-elect Mr. Ip Chi Ming as Non-executive 309,465,411 489,055,129
Director of the Company
(38.75%) (61.25%)
----------------------------------------------------- -------------- ----------------
3d To re-elect Dr. Lui Ming Wah, SBS, JP 796,115,118 2,405,422
as Independent Non-executive Director
of the Company
(99.70%) (0.30%)
----------------------------------------------------- -------------- ----------------
4 To re-appoint Baker Tilly Hong Kong Limited 797,596,540 924,000
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 its remuneration
(99.88%) (0.12%)
----------------------------------------------------- -------------- ----------------
Except for resolution 3(c) above, the resolutions proposed
were duly passed as ordinary resolutions as more than 50%
of the votes were cast in favour of such resolutions.
As less than 50% of the votes were cast in favour of the
resolution 3(c), such resolution in relation to the re-election
of Mr. Ip Chi Ming as Non-executive Director of the Company
did not carry.
Number of Votes
(%)
Special Resolutions For Against
----------- ----------
To grant an unconditional mandate to the
Directors to allot new ordinary shares
5 of the Company 726,930,212 71,590,328
(91.03%) (8.97%)
-------------------------------------------------- ----------- ----------
6 To extend the ordinary shares issue mandate 718,079,988 80,440,552
granted to the Directors
(89.93%) (10.07%)
-------------------------------------------------- ----------- ----------
7 To grant an unconditional mandate to the 798,067,887 452,653
Directors to repurchase shares of the
Company
(99.94%) (0.06%)
-------------------------------------------------- ----------- ----------
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.
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 1,219,471,182 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 Hong Kong Investor Services Limited, the branch
share registrar and transfer office of the Company in Hong Kong,
was appointed to act as the scrutineer for the vote-taking at the
AGM.
RETIREMENT OF AN NON-EXECUTIVE DIRECTOR
As resolution 3(c) in connection with the re-election of Mr. Ip
Chi Ming as Non-executive Director of the Company did not carry, he
has retired from the Non-executive Director of the Company with
immediate effect.
The Board would like to express its gratitude to Mr. Ip for his
contribution to the Company over the years.
BY ORDER OF THE BOARD
Asian Citrus Holdings Limited
Tong Wang Chow
Executive Director
Hong Kong, 6 November 2012
As at the date of this announcement, the board of directors of
the Company comprises five executive directors, namely Mr. Tong
Wang Chow, Mr. Tong Hung Wai, Tommy, Mr. Cheung Wai Sun, Mr. Pang
Yi and Mr. Sung Chi Keung; one non-executive director, namely the
Hon Peregrine Moncreiffeand four independent non-executive
directors, namely Mr. Ma Chiu Cheung, Andrew, Mr. Nicholas Smith,
Mr. Yang Zhenhan and Dr. Lui Ming Wah, SBS JP.
*For identification purposes only
For further enquiries please contact
Asian Citrus
Eric Sung, Finance Director +852 2559 0323
Seymour Pierce Limited (NOMAD and
Joint Broker)
Jonathan Wright, Tom Sheldon +44 (0) 20 7107 8000
Richard Redmayne, Jacqui Briscoe
(Broking)
Liberum Capital Limited (Joint Broker)
Clayton Bush, Richard Bootle +44 (0) 20 3100 2222
Weber Shandwick Financial
Nick Oborne, Stephanie Badjonat,
John Moriarty +44 (0) 20 7067 0700
This information is provided by RNS
The company news service from the London Stock Exchange
END
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