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.
POLL RESULTS OF THE ANNUAL GENERAL MEETING
HELD ON 12 MAY 2021
At the annual general meeting of unitholders of HK Electric Investments (the "Trust") and shareholders of HK Electric Investments Limited (the "Company"), as convened by HK Electric Investments Manager Limited (the "Trustee-Manager", in its capacity as the trustee-manager of the Trust) and the Company, held on a combined basis as a single meeting characterised as the annual general meeting of holders of share stapled units (the "Share Stapled Units") on 12 May 2021 (the "AGM"), all the proposed resolutions as set out in the notice of AGM dated 7 April 2021 were voted on by poll.
All the resolutions proposed at the AGM were approved by the holders of Share Stapled Units and the poll results were as follows:
NO. OF VOTES | ||||
RESOLUTIONS | (%)* | |||
FOR | AGAINST | |||
1. To receive the audited Financial Statements of the | 7,186,205,528 | 2,560,307 | ||
Trust and the Company and of the Trustee-Manager, | (99.9644) | (0.0356) | ||
the Combined Report of the Directors, and the | ||||
Independent Auditor's Reports for the year ended | ||||
31 December 2020. | ||||
As more than 50% of the votes were cast in favour of the resolution, the resolution was duly passed as an ordinary resolution.
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NO. OF VOTES | ||||
RESOLUTIONS | (%)* | |||
FOR | AGAINST | |||
2. (a) To elect Mr. Li Tzar Kuoi, Victor as a Director. | 7,061,976,320 | 126,758,515 | ||
(98.2367) | (1.7633) | |||
As more than 50% of the votes were cast in favour of the resolution, the resolution was duly passed as an ordinary resolution.
(b) To elect Mr. Wan Chi Tin as a Director. | 7,153,053,351 | 33,618,804 |
(99.5322) | (0.4678) | |
As more than 50% of the votes were cast in favour of the resolution, the resolution was duly passed as an ordinary resolution.
(c) To elect Mr. Fahad Hamad A H Al-Mohannadi | 6,892,223,037 | 296,507,498 |
as a Director. | (95.8754) | (4.1246) |
As more than 50% of the votes were cast in favour of the resolution, the resolution was duly passed as an ordinary resolution.
(d) To elect Mr. Chan Loi Shun as a Director. | 7,136,110,421 | 52,560,614 |
(99.2688) | (0.7312) | |
As more than 50% of the votes were cast in favour of the resolution, the resolution was duly passed as an ordinary resolution.
(e) To elect Mr. Kwan Kai Cheong as a Director. | 7,087,219,865 | 101,451,170 |
(98.5887) | (1.4113) | |
As more than 50% of the votes were cast in favour of the resolution, the resolution was duly passed as an ordinary resolution.
(f) To elect Mr. Zhu Guangchao as a Director. | 6,587,803,340 | 600,855,695 |
(91.6416) | (8.3584) | |
As more than 50% of the votes were cast in favour of the resolution, the resolution was duly passed as an ordinary resolution.
3. To appoint KPMG as Auditor of the Trust, the | 7,175,186,231 | 13,472,804 | |
Trustee-Manager and the Company, and to authorise | (99.8126) | (0.1874) | |
the Directors of the Trustee-Manager and the | |||
Company to fix the Auditor's remuneration. | |||
As more than 50% of the votes were cast in favour of the resolution, the resolution was duly passed as an ordinary resolution.
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NO. OF VOTES | ||||
RESOLUTIONS | (%)* | |||
FOR | AGAINST | |||
4. | To give a general mandate to the Directors of the | 7,188,157,255 | 361,280 | |
Trustee-Manager and the Company to issue and deal | (99.9950) | (0.0050) | ||
with additional Share Stapled Units not exceeding | ||||
10% of the total number of Share Stapled Units in | ||||
issue.# | ||||
As more than 50% of the votes were cast in favour of the resolution, the resolution was duly | ||||
passed as an ordinary resolution. | ||||
- The above percentages are rounded to the nearest four decimal places.
- The full text of Resolution 4 is set out in the Notice of AGM.
As at the date of the AGM, the number of Share Stapled Units jointly issued by the Trust and the Company was 8,836,200,000, which was the total number of Share Stapled Units entitling the holders of Share Stapled Units to attend and vote for or against all the resolutions at the AGM. No holders of Share Stapled Units were subject to any restriction in exercising their votes on any proposed resolutions at the AGM.
Computershare Hong Kong Investor Services Limited, the share stapled units registrar, acted as scrutineer for the poll at the AGM.
By Order of the Boards
HK Electric Investments Manager Limited
and
HK Electric Investments Limited
Alex Ng
Company Secretary
Hong Kong, 12 May 2021
As at the date of this announcement, the Directors are:
Executive directors | : Mr. FOK Kin Ning, Canning (Chairman) (Mrs. CHOW WOO Mo |
Fong, Susan as his alternate), Mr. WAN Chi Tin (Chief Executive | |
Officer), Mr. CHAN Loi Shun, Mr. CHEN Daobiao and | |
Mr. CHENG Cho Ying, Francis | |
Non-executive directors | : Mr. LI Tzar Kuoi, Victor (Deputy Chairman) (Mr. Frank John SIXT |
as his alternate), Mr. Fahad Hamad A H AL-MOHANNADI, | |
Mr. Ronald Joseph ARCULLI, Mr. DUAN Guangming, Mr. Deven | |
Arvind KARNIK and Mr. ZHU Guangchao | |
Independent non-executive | : Mr. FONG Chi Wai, Alex, Mr. KWAN Kai Cheong, Mr. LEE Lan |
directors | Yee, Francis, Mr. George Colin MAGNUS, Mr. Donald Jeffrey |
ROBERTS and Mr. Ralph Raymond SHEA |
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HK Electric Investments Ltd. published this content on 12 May 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 May 2021 14:05:07 UTC.