CHINA HUARONG ENERGY CO LTD Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.
中 國 華 榮 能 源 股 份 有 限 公 司
(Incorporated in the Cayman Islands with limited liability)
(Stock Code: 01101)
The Board is pleased to announce that at the EGM held on 24 March 2016, the Resolutions were duly passed by the Shareholders by way of poll.
Reference is made to the notice of the extraordinary general meeting of China Huarong Energy Company Limited (the "Company") dated 9 March 2016 (the "EGM Notice") and the circular of the Company dated 9 March 2016 (the "Circular"). Unless the context requires otherwise, capitalised terms used herein shall have the same meanings as those defined in the Circular.
The Board is pleased to announce that at the EGM held on 24 March 2016, the proposed resolutions as set out in the EGM Notice (the ''Resolutions'') were duly passed by the Shareholders by way of poll. Computershare Hong Kong Investor Services Limited, the Company's share registrar in Hong Kong, was appointed as the scrutineer for the vote-taking at the EGM. The poll results in respect of the Resolutions were as follows:
Ordinary Resolutions | Number of Votes (%) | ||
For | Against | ||
1. | To approve the share consolidation of every five (5) issued and unissued Shares into one (1) Consolidated Share. | 4,710,593,189 (99.982563%) | 821,510 (0.017437%) |
2. | Subject to and conditional upon the passing of resolution no. 1, to approve the increase of the authorised share capital of the Company from HK$3,800,000,000 divided into 7,600,000,000 Consolidated Shares of HK$0.50 each to HK$30,000,000,000 divided into 60,000,000,000 Consolidated Shares of HK$0.50 each by the creation of an additional 52,400,000,000 unissued Consolidated Shares. | 4,697,954,782 (99.721467%) | 13,121,917 (0.278533%) |
Ordinary Resolutions | Number of Votes (%) | ||
For | Against | ||
3. | Subject to and conditional upon the passing of resolutions no. 1 and 2, to grant a specific mandate to the directors of the Company to allot and issue up to an aggregate amount of not more than 14,108,000,000 new Consolidated Shares in the share capital of the Company to the Bank Creditors or their Designated Entities. | 4,696,761,392 (99.721417%) | 13,120,917 (0.278583%) |
4. | Subject to and conditional upon the passing of resolutions no. 1 and 2, to grant a specific mandate to the directors of the Company to allot and issue up to an aggregate amount of not more than 3,000,000,000 new Consolidated Shares in the share capital of the Company to the Supplier Creditors or their Designated Entities. | 4,680,761,392 (99.381706%) | 29,120,917 (0.618294%) |
Note: The full text of the Resolutions is set out in the EGM Notice.
As at the date of the EGM, the issued share capital of the Company comprised 10,857,957,535 Shares, which was the total number of Shares entitling the Shareholders to attend and vote for or against the Resolutions at the EGM. No Shareholder was required under the Listing Rules to abstain from voting in favour of the Resolutions at the EGM, and there was no other restriction on the Shareholders in casting their votes on the Resolutions at the EGM.
By Order of the Board
China Huarong Energy Company Limited LEE Man YeeCompany Secretary
Hong Kong, 24 March 2016
As at the date of this announcement, the directors of the Company are: Executive directors:
Mr. CHEN Qiang (Chairman), Mr. HONG Liang, Mr. Sean S J WANG, Mr. WANG Tao, Mr. WEI A Ning and Ms. ZHU Wen Hua;
Independent non-executive directors:
Mr. WANG Jin Lian, Ms. ZHOU Zhan and Mr. LAM Cheung Mau.
China Rongsheng Heavy Industry Group Co. Ltd. issued this content on 24 March 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 24 March 2016 04:56:58 UTC
Original Document: http://rongsheng.todayir.com/attachment/2016032412320100002462419_en.pdf
