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PARKSON RETAIL GROUP LIMITED百 盛 商 業 集 團 有 限 公 司
(Incorporated in the Cayman Islands with limited liability)
(Stock code: 03368) POLL RESULTS OF THE EXTRAORDINARY GENERAL MEETING HELD ON 17 NOVEMBER 2016Reference is made to the circular (the "Circular") and the notice of extraordinary general meeting (the "EGM Notice") of Parkson Retail Group Limited (the "Company") both dated 1 November 2016 in relation to the Disposal. Terms used in this announcement shall have the same meanings as those defined in the Circular unless the context requires otherwise.
The Board announces that the resolution (the "Resolution") set out in the EGM Notice was duly passed by the Shareholders present in person or by proxy or by duly authorised representatives, by way of poll, at the extraordinary general meeting of the Company ("EGM") held on Thursday, 17 November 2016.
The poll results in respect of the Resolution are as follows:
ORDINARY RESOLUTION | Number of Votes (%) | |
For | Against | |
(a) To approve, confirm and ratify the Equity Transfer Agreement; | 2,196,487,166 | 0 |
(100%) | (0%) | |
(b) to approve, confirm and ratify the Loan Transfer Agreement; | ||
and | ||
(c) to authorise the directors of the Company to sign, execute, | ||
perfect, perform and deliver all such other agreements, | ||
instruments, deeds and documents and do all such acts or things | ||
and take all such steps as they may in their absolute discretion | ||
consider to be necessary, desirable, appropriate or expedient to | ||
implement or give effect to or otherwise in connection with or | ||
incidental to the agreements referred to in paragraphs (a) and (b) | ||
above and all the transactions contemplated thereunder. |
The full text of the Resolution was set out in the EGM Notice. As more than 50% of the votes were cast in favour of the Resolution, the Resolution was duly passed as an ordinary resolution of the Company.
As at the date of the EGM, the total number of issued Shares was 2,649,240,750 Shares, which was the total number of Shares entitling the holders to attend and vote on the Resolution. There were no Shares entitling the holders to attend and abstain from voting in favour of the Resolution as set out in Rule 13.40 of the Listing Rules and no Shareholders were required under Listing Rules to abstain from voting on the Resolution. None of the Shareholders have stated their intention in the Circular to vote against or to abstain from voting on the Resolution. There was no restriction on any Shareholders from casting votes on the Resolution.
Tricor Investor Services Limited, the Company's branch share registrar in Hong Kong, acted as the scrutineer at the EGM for the purpose of vote-taking.
By order of the Board
PARKSON RETAIL GROUP LIMITED Tan Sri Cheng Heng JemExecutive Director & Chairman
Hong Kong, 17 November 2016
As at the date of this announcement, the Executive Directors are Tan Sri Cheng Heng Jem, Mr. Chong Sui Hiong and Ms. Juliana Cheng San San, the Non-executive Director is Dato' Dr. Hou Kok Chung and the Independent Non-executive Directors are Dato' Fu Ah Kiow, Mr. Ko Tak Fai, Desmond and Mr. Yau Ming Kim, Robert.
Parkson Retail Group Ltd. published this content on 17 November 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 17 November 2016 10:03:08 UTC.
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