CHINA AVIATION OIL (SINGAPORE) CORPORATION LTD 8 Temasek Boulevard #31-02
Suntec Tower Three, Singapore 038988
Tel: (65) 6334 8979 Fax: (65) 6333 5283
Co. Reg. No.: 199303293Z
1. OUTCOME OF THE 29TH ANNUAL GENERAL MEETING OF CHINA AVIATION OIL (SINGAPORE) CORPORATION LTD HELD ON 27 APRIL 2023 ("29TH 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-STListing Manual"), all resolutions set out in the Notice of Annual General
Meeting of the Company dated 31 March 2023 were duly approved and passed by the shareholders of the Company at the 29th AGM, by way of poll.
The results of the poll on each of the following resolutions put to vote at the 29th AGM are set out below:
For | Against | |||||
Total number of shares | ||||||
Resolution number and details | represented by votes for | Number of | As a percentage of | Number of | As a percentage of | |
and against the relevant | total number of votes | |||||
Shares | Shares | total number of votes | ||||
resolution | for and against the | |||||
for and against the | ||||||
resolution (%) | ||||||
resolution (%) | ||||||
Ordinary Business | ||||||
Resolution 1 | ||||||
Adoption of Directors' Statement | ||||||
and Audited Financial | 637,610,841 | 636，998,333 | 99.90 | 612,508 | 0.10 | |
Statements and Auditors' Report | ||||||
thereon. | ||||||
Resolution 2 | ||||||
Declaration of First and Final | 637,517,087 | 637,208,791 | 99.95 | 308,296 | 0.05 | |
(One-Tier, Tax Exempt) Dividend | ||||||
For | Agains | |||||
Total number of shares | t | |||||
As a percentage of | ||||||
Resolution number and details | represented by votes for | Number of | As a percentage of total | Number of | ||
total number of | ||||||
and against the relevant | number of votes for and | |||||
Shares | Shares | votes for and | ||||
resolution | against the resolution | |||||
against the | ||||||
(%) | ||||||
resolution (%) | ||||||
Resolution 3 | ||||||
Approval of Directors' Fees for | 637,466,242 | 636,855,838 | 99.90 | 610,404 | 0.10 | |
the financial year ended 31 | ||||||
December 2022 | ||||||
Resolution 4 | ||||||
Re-election of Mr Gong Feng as a | 637,404,997 | 636,434,891 | 99.85 | 970,106 | 0.15 | |
Director pursuant to Regulation | ||||||
94 of the Constitution | ||||||
Resolution 5 | ||||||
Re-election of Mr Zhang Yuchen | 637,259,616 | 621,793,856 | 97.57 | 15,465,760 | 2.43 | |
as a Director pursuant to | ||||||
Regulation 94 of the Constitution | ||||||
Resolution 6 | ||||||
Re-election of Dr Richard Yang | ||||||
Minghui as a Director pursuant to | 637,285,547 | 626,299,003 | 98.28 | 10,986,544 | 1.72 | |
Regulation 94 of the Constitution | ||||||
Resolution 7 | ||||||
Re-election of Mr Lin Yi as a | 637,153,351 | 636,227,853 | 99.85 | 925,498 | 0.15 | |
Director pursuant to Regulation | ||||||
100 of the Constitution | ||||||
2
Total number of shares | For | Against | ||||
Resolution number and details | represented by votes for | Number of | As a percentage of | Number of | As a percentage of | |
and against the relevant | total number of votes | |||||
Shares | Shares | total number of votes | ||||
resolution | for and against the | |||||
for and against the | ||||||
resolution (%) | ||||||
resolution (%) | ||||||
Resolution 8 | ||||||
Re-appointment of Deloitte & | 637,144,534 | 637,025,638 | 99.98 | 118,896 | 0.02 | |
Touche LLP as Auditors and | ||||||
authorise the Director to fix their | ||||||
remuneration | ||||||
Special Business | ||||||
Resolution 9 | ||||||
Authority of Directors to issue | 637,195,900 | 627,656,020 | 98.50 | 9,539,880 | 1.50 | |
shares pursuant to Section 161 | ||||||
of the Companies Act and the | ||||||
SGX-ST Listing Manual | ||||||
Resolution 10 | ||||||
Renewal of General Mandate for | 22,362,989 | 22,024,561 | 98.49 | 338,428 | 1.51 | |
Interested Person Transactions | ||||||
Resolution 11 | ||||||
Renewal of Share Purchase | 637,151,695 | 636,840,447 | 99.95 | 311,248 | 0.05 | |
Mandate | ||||||
3
2. Details of shareholders required to abstain from voting on any resolution(s)
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 | 10 |
BP Investments Asia Limited | 173,476,942 | 10 |
Save as aforesaid, there were no restrictions on any shareholders casting votes on any of the proposed resolutions at the 29th AGM.
3. Re-appointment of Directors to the Audit Committee
- Mr Zhang Yuchen who was re-elected as a Director of the Company at the 29th AGM, will remain as Vice Chairman of the Audit Committee. He is considered a Non-Executive,Non-Independent Director.
- Dr Richard Yang Minghui who was re-elected as a Director of the Company at the 29th AGM, will remain as a member of the Audit Committee.
4. Name of Appointed Scrutineer
Reliance 3P Advisory Pte. Ltd. was appointed as the scrutineer for the purpose of the poll taken at the 29th AGM.
By Order of the Board
Doreen Nah
Company Secretary
Singapore, 27 April 2023
4
Attachments
- Original Link
- Original Document
- Permalink
Disclaimer
China Aviation Oil (Singapore) Corp. Ltd. published this content on 28 April 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 April 2023 02:46:08 UTC.
