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BRIGHT SMART SECURITIES & COMMODITIES GROUP LIMITED

耀才證券金融集團有限公司

(Incorporated in the Cayman Islands with limited liability)

(the "Company", Stock Code: 1428)

POLL RESULTS OF ANNUAL GENERAL MEETING

HELD ON 20 AUGUST 2020

The board (the "Board") of directors (the "Directors") of the Company is pleased to announce the voting results of the Annual General Meeting (the "AGM") of the Company held on Thursday, 20 August 2020 at Forum Room I, Basement 2, Regal Hongkong Hotel, 88 Yee Wo Street, Causeway Bay, Hong Kong. All the resolutions proposed at the AGM were duly passed by way of poll. Tricor Investor Services Limited, the Company's branch share registrar in Hong Kong, was appointed by the Company as the scrutineer for the vote-taking at the AGM.

Voting Results of the AGM

As at the date of AGM, the total number of issued shares in the Company was 1,697,296,308 shares, which was the total number of shares in the Company entitling the holders to attend and vote for or against the resolutions at the AGM. There was no restriction on any shareholders casting votes on any of the resolutions at the AGM.

The poll results in respect of each resolution proposed at the AGM are as follows:

Ordinary resolutions

No. of Votes (Approximate %)

For

Against

1

To receive and consider the audited consolidated

1,200,085,416

0

financial statements of the Company and its

(100.00%)

(0.00%)

subsidiaries, the directors' report and the

independent auditor's report for the year ended

31 March 2020.

2

To declare a final dividend of 28.00 HK cents

1,200,819,416

0

per share for the year ended 31 March 2020.

(100.00%)

(0.00%)

1

Ordinary resolutions

No. of Votes (Approximate %)

For

Against

3(i)

(a) To re-elect Mr. Yip Mow Lum as an

1,198,121,380

2,698,036

Executive Director of the Company.

(99.78%)

(0.22%)

(b) To re-elect Mr. Szeto Wai Sun as an

1,200,805,408

8,000

Independent Non-executive Director of the

(99.99%)

(0.01%)

Company.

3(ii)

To authorize the Board of Directors to fix the

1,200,813,408

0

remuneration of Directors.

(100.00%)

(0.00%)

4

To re-appoint KPMG as the auditor of the

1,200,813,408

0

Company and authorize the Board of Directors

(100.00%)

(0.00%)

to fix their remuneration.

5(A)

To grant a general mandate to the Board of

1,167,791,124

33,022,284

Directors to allot, issue and deal with additional

(97.25%)

(2.75%)

shares not exceeding 20% of the issued share

capital of the Company.

5(B)

To grant a general mandate to the Board of

1,200,813,408

0

Directors to repurchase shares of the Company

(100.00%)

(0.00%)

not exceeding 10% of the issued share capital of

the Company.

5(C)

To extend the general mandate to allot shares by

1,167,791,124

33,022,284

adding the aggregate nominal amount of shares

(97.25%)

(2.75%)

repurchased by the Company.

As more than 50% of the votes were cast in favour of each of the resolutions from number 1 to number 5(C) above, all of these resolutions have been duly passed as ordinary resolutions.

Shareholders may refer to the circular of the Company (the "Circular") dated 20 July 2020 for details of the above resolutions. The Circular may be viewed and downloaded from the website of the Company at www.bsgroup.com.hk or the website of Hong Kong Exchanges and Clearing Limited at www.hkexnews.hk.

By Order of the Board of

Bright Smart Securities & Commodities Group Limited

Hui Yik Bun

Executive Director and Chief Executive Officer

Hong Kong, 20 August 2020

As at the date of this notice, the Board comprises Mr. Yip Mow Lum (Chairman), Mr. Hui Yik Bun (Chief Executive Officer), Mr. Chan Wing Shing, Wilson as Executive Directors; and Mr. Yu Yun Kong, Mr. Szeto Wai Sun and Mr. Ling Kwok Fai, Joseph as Independent Non-executive Directors.

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Bright Smart Securities and Commodities Group Ltd. published this content on 20 August 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 August 2020 10:20:10 UTC