8 Temasek Boulevard #31-02

Suntec Tower Three, Singapore 038988

Tel: (65) 6334 8979 Fax: (65) 6333 5283

Co. Reg. No.: 199303293Z

OUTCOME OF THE 28TH ANNUAL GENERAL MEETING OF CHINA AVIATION OIL (SINGAPORE) CORPORATION LTD HELD ON 27 APRIL 2022 ("28TH AGM")

The Board of Directors (the "Board") of China Aviation Oil (Singapore) Corporation Ltd (the "Company") wishes to announce that, pursuant to Rule 704(16) of the Listing Manual of the Singapore Exchange Securities Trading Limited (the "SGX-ST Listing Manual"), all resolutions set out in the Notice of Annual General Meeting of the Company dated 31 March 2022 were duly approved and passed by the shareholders of the Company at the 28th AGM, by way of poll:

(1)The results of the poll on each of the following resolutions put to vote at the 28th AGM are set out below:

For

Against

Ordinary Business Resolution 1

Adoption of Directors' Statement and Audited Financial Statements and Auditors' Report thereon.

642,090,943

Resolution 2

Declaration of First and Final (One-Tier, Tax Exempt) Dividend

51,100

Resolution number and details

For

Against

Total number of shares

As a percentage of

represented by votes for

Number of

Shares

total number of votes for and against the resolution (%)

As a percentage of

Number of

Shares

total number of

and against the relevant

votes for and

resolution

against the

resolution (%)

Resolution 3

Approval of Directors' Fees for the financial year ended 31 December 2021

643,348,350

643,290,250

99.99

58,100

0.01

Resolution 4

Re-election of Mr Teo Ser Luck as a Director pursuant to Regulation 94 of the Constitution

643,346,350

618,581,385

96.15

24,764,965

3.85

Resolution 5

Re-election of Mr Hee Theng Fong as a Director pursuant to Regulation 94 of the Constitution

643,342,110

632,065,859

98.25

11,276,251

1.75

Resolution 6

Re-election of Dr Richard Yang Minghui as a Director pursuant to Regulation 100 of the Constitution

643,342,110

630,781,484

98.05

12,560,626

1.95

Resolution 7

Re-election of Mr Shi Lei as a Director pursuant to Regulation 100 of the Constitution

643,342,110

627,890,619

97.60

15,451,491

2.40

For

Against

Resolution 8

Re-election of Dr Fu Xingran as a Director pursuant to Regulation 100 of the Constitution

643,342,110

630,010,259

97.93

13,331,851

Resolution 9

Re-election of Dr Jeffrey Goh Mau Seong as a Director pursuant to Regulation 100 of the Constitution

643,342,110

642,322,771

2.07

99.84

1,019,339

Resolution 10

Re-appointment of Deloitte & Touche LLP as Auditors and authorise the Director to fix their remuneration

643,345,350

99.99

51,100

Special Business

0.16

Resolution 11

Authority of Directors to issue shares pursuant to Section 161 of the Companies Act and the SGX-ST Listing Manual

643,348,350

97.73

14,617,714

Resolution 12

Renewal of General Mandate for Interested Person Transactions

28,535,496

28,480,396

99.81

55,100

0.19

Resolution 13

Renewal of Share Purchase Mandate

99.99

(2)Details of shareholders required to abstain from voting on the following Resolution:

Name of Shareholder

Number of shares held

Resolution number(s)

(Please refer to item (1) above for details of the resolution (s))

China National Aviation Fuel Group Limited

441,332,912

12

BP Investments Asia Limited

173,476,942

12

Save as aforesaid, there were no restrictions on any shareholders casting votes on any of the proposed resolutions at the 28th AGM.

(3)Reliance 3P Advisory Pte Ltd was appointed as the scrutineer for the purpose of the poll taken at the 28th AGM.

By Order of the Board

Doreen Nah Company Secretary

Singapore, 27 April 2022

Attachments

  • Original Link
  • Original Document
  • Permalink

Disclaimer

China Aviation Oil (Singapore) Corp. Ltd. published this content on 28 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 April 2022 08:24:10 UTC.