BEST WORLD INTERNATIONAL LIMITED Company Registration No. 199006030Z
RESOLUTIONS PASSED AT THE ANNUAL GENERAL MEETINGThe Board of Directors (the "Board") of Best World International Limited (the "Company") is pleased to announce that all the resolutions as set out in Notice of Annual General Meeting ("AGM) dated 7 April 2016 were duly passed by the Shareholders at the AGM today.
The results of the poll on the respective resolutions as set out in the Notice of AGM dated 7 April 2016 put to vote at the AGM is attached for your information.
DETAILS OF PERSON(S) REQUIRED TO ABSTAIN FROM VOTING ON ANY RESOLUTIONSMr Lee Sen Choon has an interest in 75,000 shares in the capital of the Company ("Shares") and has abstained from voting on Resolutions 3 and 9.
Mr Huang Ban Chin has a direct and indirect interest totalling 9,200,000 Shares (out of which only 6,200,000 Shares were submitted for voting) and has abstained from voting on Resolutions 4 and 9.
All the Directors, Associates of Directors, all Employees and any other person who will benefit or are likely to benefit from the BWI Performance Share Scheme have abstained from voting on Resolution 9.
Dr Dora Hoan Beng Mui, Dr Doreen Tan Nee Moi, D2 Investment Pte Ltd, Ms Li Lihui, Ms Pek Jia Rong, and parties acting in concert have abstained from voting on Resolution 10.
SCRUTINEERAssociates Corporate Services Pte. Ltd. was appointed as Scrutineer for the AGM.
BY ORDER OF THE BOARDHuang Ban Chin
Director and Chief Operating Officer 22 April 2016
BEST WORLD INTERNATIONAL LIMITED(Incorporated in the Republic of Singapore) (Company Registration Number: 199006030Z)
POLL RESULTS
FOR | AGAINST | TOTAL NO. OF VALID VOTES | |
RESOLUTION NO. 1 - Receive and adopt the Audited Financial Statements of the Company for the financial year ended 31 December 2015, the Directors' Statement and the Auditors' Report thereon. | |||
NO. OF SHARES | 128,125,817 | 0 | 128,125,817 |
PERCENTAGE | 100.00% | 0.00% | 100.00% |
RESOLUTION NO. 2 - Declaration of a final one-tier tax-exempt dividend of S$0.015 per ordinary share for the financial year ended 31 December 2015. | |||
NO. OF SHARES | 128,125,817 | 0 | 128,125,817 |
PERCENTAGE | 100.00% | 0.00% | 100.00% |
RESOLUTION NO. 3 - Approval of Directors' fees of S$126,000 for the financial year ended 31 December 2015. | |||
NO. OF SHARES | 128,050,817 | 0 | 128,050,817 |
PERCENTAGE | 100.00% | 0.00% | 100.00% |
RESOLUTION NO. 4 - Re-election of Mr Huang Ban Chin as a Director (Retiring under Article 93) | |||
NO. OF SHARES | 121,925,817 | 0 | 121,925,817 |
PERCENTAGE | 100.00% | 0.00% | 100.00% |
RESOLUTION NO. 5 - Re-election of Mr Ravindran Ramasamy as a Director (Retiring under Article 93) | |||
NO. OF SHARES | 128,125,817 | 0 | 128,125,817 |
PERCENTAGE | 100.00% | 0.00% | 100.00% |
RESOLUTION NO. 6 - Re-election of Mr Chan Soo Sen as a Director (Retiring under Article 92) | |||
NO. OF SHARES | 127,178,417 | 947,400 | 128,125,817 |
PERCENTAGE | 99.26% | 0.74% | 100.00% |
RESOLUTION NO. 7 - Re-appointment of Messrs RSM Chio Lim LLP as Auditors | |||
NO. OF SHARES | 128,125,817 | 0 | 128,125,817 |
PERCENTAGE | 100.00% | 0.00% | 100.00% |
RESOLUTION NO. 8 - Authority to issue shares pursuant to the Share Issue Mandate | |||
NO. OF SHARES | 127,356,817 | 769,000 | 128,125,817 |
PERCENTAGE | 99.40% | 0.60% | 100.00% |
RESOLUTION NO. 9 - Authority to grant share awards and to allot and issue shares under the BWI Performance Share Scheme | |||
NO. OF SHARES | 18,972,217 | 327,600 | 19,299,817 |
PERCENTAGE | 98.30% | 1.70% | 100.00% |
RESOLUTION NO. 10 - Renewal of the Share Buyback Mandate | |||
NO. OF SHARES | 25,768,317 | 194,000 | 25,962,317 |
PERCENTAGE | 99.25% | 0.75% | 100.00% |
Best World International Limited issued this content on 22 April 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 22 April 2016 16:00:12 UTC
Original Document: http://bestworld.listedcompany.com/newsroom/20160422_234903_5ER_Y1SULTTUEB4BDS1L.1.pdf
