Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

COASTAL GREENLAND LIMITED

沿海綠色家園有限公司*

(Incorporated in Bermuda with limited liability)

(Stock Code: 1124)

POLL RESULTS OF THE ANNUAL GENERAL MEETING

HELD ON 17 SEPTEMBER 2020

The Board is pleased to announce that all the proposed resolutions were duly passed by the Shareholders by way of poll at the AGM.

Reference is made to the circular (the "Circular") and notice (the "Notice") of the annual general meeting (the "AGM") of Coastal Greenland Limited (the "Company") both dated 30 July 2020. Unless the context otherwise requires, terms defined in this announcement shall have the same meanings as those defined in the Circular.

At the AGM, all proposed resolutions as set out in the Notice were taken by poll. The Company's branch share registrar in Hong Kong, Tricor Tengis Limited, was appointed as the scrutineer for the purpose of vote-taking at the AGM.

As at the date of the AGM, the total number of issued shares of the Company was 4,146,020,285 Shares, which was the total number of Shares entitling the Shareholders to attend and vote for or against the resolutions at the AGM. There was no Share entitling any Shareholders to attend and abstain from voting in favour of the ordinary resolutions at the AGM as set out in Rule 13.40 of the Listing Rules and no Shareholder was required under the Listing Rules to abstain from voting at the AGM. There was no party who had stated his/her/ its intention in the Circular to vote against the ordinary resolutions at the AGM or to abstain had done so at the AGM.

  • For identification purpose only

1

The board (the "Board") of directors (the "Directors") of the Company is pleased to announce that all the proposed resolutions were duly passed by the Shareholders by way of poll at the AGM. The poll results in respect of the resolutions were as follows:

Number of Votes

Ordinary Resolutions (Note)

(Approximate %)

For

Against

1.

To receive, consider and adopt the audited consolidated financial

1,599,138,182

78,808,963

statements, the report of the directors and the independent

(95.30%)

(4.70%)

auditor's report for the year ended 31 March 2020.

2.

(I)

(a)

To re-elect Mr. Jiang Ming as an executive

1,599,138,182

78,808,963

Director.

(95.30%)

(4.70%)

(b)

To re-elect Mr. Wong Kai Cheong as an

1,599,138,182

78,808,963

independent non-executive Director.

(95.30%)

(4.70%)

(c)

To re-elect Mr. Yang Jiangang as an independent

1,599,138,182

78,808,963

non-executive Director.

(95.30%)

(4.70%)

(II)

To authorise the Board to fix the remuneration of

1,599,138,182

78,808,963

Directors.

(95.30%)

(4.70%)

3.

To re-appoint BDO Limited as auditor of the Company and

1,599,138,182

78,808,963

authorise the Board to fix their remuneration.

(95.30%)

(4.70%)

4.

(I)

To grant a general mandate to the Directors to repurchase

1,599,138,182

78,808,963

shares of the Company.

(95.30%)

(4.70%)

(II)

To grant a general mandate to the Directors to allot, issue

1,599,138,182

78,808,963

and deal with additional shares of the Company.

(95.30%)

(4.70%)

(III)

To extend the general mandate granted to the Directors

1,599,138,182

78,808,963

to issue additional shares of the Company repurchased

(95.30%)

(4.70%)

under the repurchase mandate pursuant to resolution 4(I).

Note: Please refer to the Notice for the full text of each of the relevant resolutions.

By order of the Board

Coastal Greenland Limited

Jiang Ming

Chairman

Hong Kong, 17 September 2020

As at the date of this announcement, the Board comprises Mr. Jiang Ming, Mr. Xia Xianglong, Dr. Li Ting and Mr. Lin Chen Hsin as executive Directors, Mr. Zhu Guoqiang and Mr. Qiu Guizhong as non-executive Directors and Mr. Wong Kai Cheong, Mr. Yang Jiangang and Mr. Huang Xihua as independent non-executive Directors.

2

This is an excerpt of the original content. To continue reading it, access the original document here.

Attachments

  • Original document
  • Permalink

Disclaimer

Coastal Greenland Limited published this content on 17 September 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 September 2020 09:44:08 UTC