VALUETRONICS HOLDINGS LIMITED REPL::Extraordinary/ Special General Meeting::Voluntary
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REPL::Extraordinary/ Special General Meeting::Voluntary Issuer & Securities
Issuer/ ManagerVALUETRONICS HOLDINGS LIMITED
Security VALUETRONICS HOLDINGS LIMITED - BMG9316Y1084 - BN2
Announcement Details
Announcement TitleExtraordinary/ Special General Meeting
Date & Time of Broadcast 24-Jul-2017 18:47:38 Status Replacement Announcement Reference SG170630XMETR035 Submitted By (Co./ Ind. Name) Tse Chong HingDesignation Chairman and Managing Director
Event Narrative
Narrative TypeAdditional Text
Narrative TextPlease see Results of Special General Meeting attached.
Event Dates
Meeting Date and Time24/07/2017 10:30:00
Response Deadline Date 22/07/2017 10:30:00Event Venue(s)
Place Venue(s) Venue detailsMeeting Venue
LEVEL 3, VENUS ROOM I & II, FURAMA RIVERFRONT, SINGAPORE, 405 HAVELOCK ROAD, SINGAPORE 169633
AttachmentsVHL-SGM Results-20170724.pdf Total size =70K
Related Announcements21/07/2017 18:31:41
30/06/2017 07:39:01
http://infopub.sgx.com/Apps?A=COW_CorpAnnouncement_Cont...
24/7/2017
VALUETRONICS HOLDINGS LIMITED(Incorporated in Bermuda) (Co. Reg. No: 38813)
RESULTS OF SPECIAL GENERAL MEETING
The Board of Directors ("Board") of Valuetronics Holdings Limited (the "Company") wishes to announce that at the Special General Meeting ("SGM") of the Company held today, all resolutions set out in the Notice of SGM dated 30 June 2017 were put to vote at the SGM and duly passed by way of poll.
I. Poll Results
The results of the poll on each of the resolutions put to vote at the SGM are set out below:
Resolutions | Total number of shares represented by votes for and against the relevant resolution | For | Against | ||
Number of shares | As a percentage of total number of votes for the resolution (%) | Number of shares | As a percentage of total number of votes against the resolution (%) | ||
Special Resolution - Proposed Amendments to Bye-Laws | 224,046,153 | 218,231,967 | 97.40 | 5,814,186 | 2.60 |
Ordinary Resolution 1 - Proposed adoption of "The Valuetronics Employee Share Option Scheme 2017" (the "Valuetronics ESOS 2017") | 222,350,356 | 144,698,959 | 65.08 | 77,651,397 | 34.92 |
Ordinary Resolution 2 - Proposed grant of Options at a discount under the Valuetronics ESOS 2017 | 222,350,356 | 137,970,073 | 62.05 | 84,380,283 | 37.95 |
Ordinary Resolution 3 - Proposed adoption of "The Valuetronics Performance Share Plan 2017" (the "Valuetronics PSP 2017") | 222,350,356 | 139,375,573 | 62.68 | 82,974,783 | 37.32 |
II. Abstention from voting
No party was required to abstain from voting on the Special Resolution.
Shareholders who are employees of the Company and who are eligible to participate in the Valuetronics ESOS 2017 and the Valuetronics PSP 2017 have abstained from voting in respect of Ordinary Resolutions 1, 2 and 3. These shareholders hold a total of 1,761,797 shares.
III. Scrutineer
Ardent Business Advisory Pte. Ltd. was appointed as scrutineer for the SGM.
By Order of the Board Tse Chong Hing
Chairman & Managing Director 24 July 2017
Valuetronics Holdings Limited published this content on 24 July 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 25 July 2017 04:34:08 UTC.
Original documenthttp://www.valuetronics.com.hk/ir/doc/20170724_SGM Results.pdf
Public permalinkhttp://www.publicnow.com/view/14C3380C1298C82FE5CECB05630BC584F2EFE163
