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:
- The percentages of the voting as stated above are based on the total number of votes cast at the 2019 AGM.
- The full text of each of the Proposed Resolutions No. 4(A), 4(B) and 4(C) is set out in the Notice.
- 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.
- 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-
Attachments
- Original document
- Permalink
Disclaimer
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