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.

MODERN LAND (CHINA) CO., LIMITED

(Incorporated in the Cayman Islands with limited liability)

(Stock code: 1107)
  1. POLL RESULTS OF THE EXTRAORDINARY GENERAL MEETING HELD ON 18 SEPTEMBER 2017 AND
  2. BONUS ISSUE - COMMENCEMENT OF DEALINGS IN SHARES ON AN EX-ENTITLEMENT BASIS

References are made to the circular (the "Circular") of Modern Land (China) Co., Limited (the "Company") in relation to the Bonus Issue and the notice of the extraordinary general meeting (the "EGM") of the Company both dated 24 August 2017. Unless the context otherwise requires, capitalised terms used herein shall have the same meanings as those defined in the Circular.

POLL RESULTS OF THE EGM

The Board hereby announces that at the EGM held on 18 September 2017, the resolution (the "Resolution") proposed at the EGM as set out in the notice of the EGM dated 24 August 2017 was duly passed by the Shareholders by way of poll. The poll results of the EGM are as follows:

Ordinary Resolution

Number of votes cast and approximate percentage of total number of votes cast

For

Against

1.

To consider and approve the issue of the Bonus Shares on the basis of one Bonus Share for every ten existing Shares and authorise the Directors to do all act and things at their absolute discretion as may be necessary and expedient in connection with the allotment and issue of the Bonus Shares.

2,036,201,510

(100%)

0

(0.00%)

As more than 50% of the valid votes were cast in favour of the above Resolution at the EGM, the above Resolution was duly passed by way of poll as an ordinary resolution of the Company.

As at the date of the EGM, the total number of issued Shares was 2,506,034,000, which was the total number of Shares entitling the Shareholders to attend and vote for or against the Resolution at the EGM. There were no Shares entitling the Shareholders to attend and vote only against the Resolution at the EGM. There is no restriction on any Shareholders casting votes on the Resolution at the EGM.

No Shareholder was required to abstain from voting at the EGM.

Tricor Investor Services Limited, the Company's Hong Kong branch share registrar, was appointed as the scrutineer at the EGM for the purpose of vote-taking.

COMMENCEMENT OF DEALINGS IN THE SHRAES ON AN EX-ENTITLEMENT BASIS

The Bonus Issue has been approved by the Shareholders at the EGM. On the basis of 2,506,034,000 Shares in issue as at the date of this announcement, and assuming no further Shares are issued or repurchased between the date of this announcement to the Bonus Issue Record Date of 26 September 2017, 250,603,400 Bonus Shares will be allotted and issued pursuant to the Bonus Issue. Immediately after completion of the Bonus Issue, there will be a total of 2,756,637,400 Shares in the enlarged issued share capital of the Company. Pursuant to the expected timetable for the Bonus Issue as set out in the Circular, the last day of dealing in the Shares cum-entitlement to the Bonus Issue will be Tuesday, 19 September 2017. Dealings in the Shares ex-entitlements to the Bonus Issue shall commence on Wednesday, 20 September 2017.

By order of the Board

MODERN LAND (CHINA) CO., LIMITED Zhang Peng

President and Executive Director

Hong Kong, 18 September 2017

As at the date of this announcement, the Board comprises ten Directors, namely executive Directors: Mr. Zhang Lei, Mr. Zhang Peng and Mr. Chen Yin; non-executive Directors: Mr. Fan Qingguo, Mr. Chen Zhiwei and Mr. Chen Anhua; and independent non-executive Directors: Mr. Qin Youguo, Mr. Cui Jian, Mr. Hui Chun Ho, Eric and Mr. Zhong Bin.

Modern Land (China) Co. Ltd. published this content on 18 September 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 18 September 2017 10:53:07 UTC.

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