We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Cathay International Holdings Ld | LSE:CTI | London | Ordinary Share | BMG1965E1030 | COM SHS $0.01 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.75 | 0.50 | 1.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMCTI
RNS Number : 7642I
Cathay International Holdings Ld
21 June 2017
Cathay International Holdings Limited
("Cathay" or the "Company")
Results of Annual General Meeting ("AGM")
Hong Kong, 21 June 2017 - Cathay International Holdings Limited (LSE: CTI.L), an operator and investor in the growing healthcare sector in the People's Republic of China, today announces that at the AGM held earlier today, all resolutions as set out in the Notice of AGM dated 28 April 2017 were duly passed, save for ordinary resolutions numbered 2 and 3 (the "Re-Election Resolutions") which are subject to the dual voting requirements of Listing Rule 9.2.2E. Although the Re-Election Resolutions were approved by a majority of all shareholders, the majority of the votes cast by the independent shareholders were against the Re-Election Resolutions. Accordingly, and pursuant to Listing Rule 9.2.2F, further ordinary resolutions to re-elect the respective directors (Messrs Sum Soon Lim and Kenneth K. Toong) (the "Further Re-Election Resolutions") will be proposed by the Company. The relevant voting will take place on a date to be announced by the Company within a period commencing 90 days from today's date and ending 120 days from today's date. Pursuant to the guidance note at Listing Rule 9.2.2D, Messrs Sum Soon Lim and Kenneth K. Toong shall remain in office until the Further Re-Election Resolutions have been voted upon by all shareholders of the Company. Pursuant to Listing Rule 9.2.2F(3), the Further Re-Election Resolutions must be approved by the shareholders of the Company, without the requirement for separate voting by the independent shareholders. The final poll voting results for each resolution are shown in the table below:
Ordinary resolutions For Against Total Withheld votes ------------------------------------- ------------ ----------- ------------ --------- 1. Report and Accounts 396,219,499 41,723,364 437,942,863 5,256 ------------------------------------- ------------ ----------- ------------ --------- 2. Re-election of Mr. Sum Soon Lim * all shareholders 396,217,937 41,728,282 437,946,219 1,900 * independent shareholders 6,075,983 41,728,282 47,804,265 1,900 ------------------------------------- ------------ ----------- ------------ --------- 3. Re-election of Mr. Kenneth K. Toong * all shareholders 396,219,887 41,726,332 437,946,219 1,900 * independent shareholders 6,077,933 41,726,332 47,804,265 1,900 ------------------------------------- ------------ ----------- ------------ --------- 4. Reappointment of Auditor 437,804,293 141,926 437,946,219 1,900 ------------------------------------- ------------ ----------- ------------ --------- 5. Authority to allot new shares 437,806,260 139,959 437,946,219 1,900 ------------------------------------- ------------ ----------- ------------ --------- Special resolutions For Against Total Withheld votes ------------------------ ------------ ----------- ------------ --------- 6. Disapplication of pre-emption rights 396,196,609 41,744,610 437,941,219 6,900 ------------------------ ------------ ----------- ------------ --------- 7. Authority to purchase own shares 437,943,080 5,039 437,948,119 0 ------------------------ ------------ ----------- ------------ ---------
Notes:
1. Any proxy votes which are at the discretion of the Chairman have been included in the 'For' total.
2. A vote 'Withheld' is not a vote in law and is not counted in the calculation of the proportion of the votes for and against a resolution.
A copy of the resolutions passed at the meeting is being uploaded today to the National Storage Mechanism and will shortly be available for viewing at www.morningstar.com.
The proxy figures for the resolutions will also be displayed on the Company website at www.cathay-intl.com.hk
- ENDS -
For further enquiries, please contact:
Cathay International Holdings Limited Tel: +852 2828 9289 Eric Siu (Finance Director) Patrick Sung (Director and Controller) Consilium Strategic Communications Mary-Jane Elliott / Matthew Tel: +44 (0) 203 Neal / Lindsey Neville 709 5702
About Cathay
Cathay International Holdings Limited (LSE: CTI.L) is a main market listed investment holding company and an operator and investor in the growing healthcare sector in the People's Republic of China (the "PRC"). The Company and its subsidiaries (collectively the "Group") aim to leverage on growth opportunities in the strong and growing domestic demand for high quality healthcare products in the PRC and build its portfolio companies into market sector leaders with competitive edge. Cathay has already demonstrated a strong track record of identifying high- growth potential investment opportunities in this area including: Lansen, a leading specialty pharmaceutical company focused on rheumatology and dermatology in the PRC; Haizi, a company engaged in the manufacture, marketing and sale of inositol and its by-product, di-calcium phosphate; Natural Dailyhealth, a company engaged in production and sales of plant extracts for use as key active ingredients in healthcare products; and Botai, a company engaged in collagen products.
The Group employs approximately 2,000 people across the PRC, including over 30 specialist corporate and business development staff based at the holding company's offices in Hong Kong and Shenzhen. Cathay also has a hotel investment. For more information please visit the Company's website: www.cathay-intl.com.hk.
This information is provided by RNS
The company news service from the London Stock Exchange
END
RAGFBMMTMBATBIR
(END) Dow Jones Newswires
June 21, 2017 06:55 ET (10:55 GMT)
1 Year Cathay International Hol... Chart |
1 Month Cathay International Hol... Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions