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.

(Stock Code: 122)

Poll Results of the Annual General Meeting

Held on 16 December 2019

All the Proposed Resolutions were duly passed by way of poll at the 2019 AGM held on 16 December 2019.

The board of directors ("Board" and "Directors", respectively) of Crocodile Garments Limited ("Company") announces that all the proposed ordinary resolutions ("Proposed Resolutions") as

set out in the notice of annual general meeting of the Company ("2019 AGM") dated 15 November 2019 ("Notice") were duly passed as ordinary resolutions by the Company's

shareholders

("Shareholders") by way

of poll at the

2019 AGM

held on Monday,

16 December 2019 at 11:00 a.m. and the poll results of the 2019 AGM are as follows:

Number of votes cast

(Approximate percentage of

Total number of

Ordinary Resolutions

total number of votes cast) (Note 1)

votes cast

For

Against

1.

To consider

and

adopt

the audited

531,696,782

42

531,696,824

financial statements of the Company

(99.99%)

(0.01%)

for the year ended 31 July 2019 and

the reports of the directors and the

independent auditor thereon.

2.

(A) (i)

To re-elect Mr. Wan Edward

525,992,281

5,699,044

531,691,325

Yee Hwa as an Executive

(98.93%)

(1.07%)

Director.

(ii)

To re-elect Ms. Lam Suk

531,691,280

46

531,691,326

Ying,

Diana

as

a

(99.99%)

(0.01%)

Non-executive Director.

(iii)

To re-elect Mr. Chow Bing

531,691,279

48

531,691,327

Chiu

as

an

Independent

(99.99%)

(0.01%)

Non-executive Director.

(iv)

To re-elect Mr. Yeung Sui

531,691,278

50

531,691,328

Sang

as

an

Independent

(99.99%)

(0.01%)

Non-executive Director.

(B)

To authorise the Board to fix

512,311,277

19,380,052

531,691,329

the Directors' remuneration.

(96.36%)

(3.64%)

-1-

Number of votes cast

(Approximate percentage of

Total number of

Ordinary Resolutions

total number of votes cast)

(Note 1)

votes cast

For

Against

3.

To re-appoint SHINEWING (HK)

531,696,776

54

531,696,830

CPA

Limited,

Certified Public

(99.99%)

(0.01%)

Accountants, as

the

independent

auditor of the Company for the year

ending 31 July 2020 and to authorise

the Board to fix their remuneration.

4.

(A)

To grant a general mandate to

531,683,275

9,056

531,692,331

the Directors to buy back the

(99.99%)

(0.01%)

Company's shares ("Shares")

not exceeding 10% of the total

issued Shares.

(Note 2)

(B)

To grant a general mandate to

506,379,164

25,312,168

531,691,332

the Directors to allot, issue and

(95.24%)

(4.76%)

deal with additional Shares not

exceeding 20% of the total

issued Shares.

(Note 2)

(C)

To extend

the general mandate

506,419,285

25,272,048

531,691,333

granted to the Directors to issue

(95.25%)

(4.75%)

Shares by adding the number of

Shares bought back.

(Note 2)

As more than 50% of the votes were cast in favour of each of the Proposed Resolutions, all the Proposed Resolutions were duly passed as ordinary resolutions of the Company at the 2019 AGM.

Notes:

  1. The percentages of the voting as stated above are based on the total number of votes cast at the 2019 AGM.
  2. The full text of each of the Proposed Resolutions No. 4(A), 4(B) and 4(C) is set out in the Notice.
  3. As at the date of the 2019 AGM, there were a total of 947,543,695 issued Shares entitling the Shareholders to attend and vote on all the Proposed Resolutions at the 2019 AGM. No Shareholders are required under the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited to abstain from voting on any of the Proposed Resolutions at the 2019 AGM and there were no restrictions on any Shareholders to cast votes on all the Proposed Resolutions at the 2019 AGM.
  4. Tricor Tengis Limited, the share registrar and transfer office of the Company, was appointed as the scrutineers for the purpose of vote-taking in respect of the Proposed Resolutions at the 2019 AGM.

By Order of the Board

Crocodile Garments Limited

Ko Ming Kin

Chief Financial Officer and

Company Secretary

Hong Kong, 16 December 2019

As at the date of this announcement, the Board comprises five Executive Directors, namely Dr. Lam Kin Ming (Chairman and Chief Executive Officer), Ms. Lam Wai Shan, Vanessa (Deputy Chief Executive Officer), Dr. Lam Kin Ngok, Peter, Mr. Lam Kin Hong, Matthew and Mr. Wan Edward Yee Hwa; one Non-executive Director, namely Ms. Lam Suk Ying, Diana; and three Independent Non-executive Directors, namely Messrs. Chow Bing Chiu, Leung Shu Yin, William and Yeung Sui Sang.

-2-

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Crocodile Garments Limited published this content on 16 December 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 December 2019 09:35:03 UTC