Agritrade Resources : POLL RESULTS OF THE ANNUAL GENERAL MEETING

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.

(Incorporated in Bermuda with limited liability)

(Stock Code: 1131)

POLL RESULTS OF THE ANNUAL GENERAL MEETING

Reference is made to the notice (the "Notice") of annual general meeting (the "AGM") and the circular (the "Circular") of Agritrade Resources Limited (the "Company") dated 31 July 2019. Terms used herein shall have the same meanings as those defined in the Circular unless otherwise stated.

POLL RESULTS OF THE AGM

The Board is pleased to announce that the resolutions proposed at the AGM of the Company held on 29 August 2019 were duly passed by the Shareholders of the Company as ordinary resolutions by way of poll. The poll results were as follows:

	Ordinary Resolutions	Shares	Number of votes (%)
	Represented	For	Against
1.	To receive and adopt the
	audited	financial	statements
	and the reports of the directors	3,760,758,321	3,760,758,321	0
	and auditors of the Company	(100.00%)	(100.00%)	(0.00%)
	for the year ended 31 March
	2019.
2.	To approve the declaration of a
	final dividend of HK$0.005 per	3,760,758,321	3,760,758,321	0
	share for the year ended 31	(100.00%)	(100.00%)	(0.00%)
	March 2019.
3.	(A) To	re-elect	Mr. Ashok	3,760,758,321	3,680,653,321	80,105,000
	Kumar	Sahoo as executive
	(100.00%)	(97.87%)	(2.13%)
	director of the Company.
	(B) To re-elect Ms. Lim Beng	3,760,758,321	3,760,653,321	105,000
	Kim, Lulu as executive director
	(100.00%)	(99.99%)	(0.01%)
	of the Company.
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	(C) To re-elect Mr. Terence
	Chang	Xiang	Wen	as	3,760,898,321	3,666,779,653	94,118,668
	independent	non-executive	(100.00%)	(97.50%)	(2.50%)
	director of the Company.
	(D) To authorise the board of	3,760,653,321	3,760,653,321	0
	directors of the Company to fix
	(100.00%)	(100.00%)	(0.00%)
	the remuneration of directors.
4.	To re-appoint HLB Hodgson
	Impey Cheng	Limited	as
	auditors of the Company and to	3,760,898,321	3,671,048,013	89,850,308
	authorise the board of directors	(100.00%)	(97.61%)	(2.39%)
	of the Company to fix the
	remuneration of the auditors.
5A.	To grant a general mandate to
	the directors of the Company to	3,760,793,321	3,708,564,995	52,228,326
	allot, issue or otherwise deal	(100.00%)	(98.61%)	(1.39%)
	with additional Shares.
5B.	To grant a general mandate to	3,760,653,321	3,760,653,321	0
	the directors of the Company to
	(100.00%)	(100.00%)	(0.00%)
	repurchase Shares.
5C.	To extend the general mandate
	granted under resolution 5A by
	including	nominal amount	of	3,760,898,321	3,708,604,995	52,293,326
	the Shares repurchased by the	(100.00%)	(98.61%)	(1.39%)
	Company	pursuant	to
	resolution 5B.

As more than 50% of the votes were cast in favour of each of the above resolutions, the above resolutions were duly passed as ordinary resolutions.

Note: Please refer to the Circular and the Notice for details of the above resolutions.

As at the date of the AGM, the total number of issued Shares of the Company was 6,374,480,581, which was the total number of Shares entitling the Shareholders to attend and vote for or against the resolutions at the AGM. No Shareholder was required to abstain from voting on any of the resolutions and no Shareholder was entitled to attend and abstain from voting in favour of any of the resolutions at the AGM as required in Rule 13.40 of the Listing Rules.

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Tricor Secretaries Limited, the Company's Hong Kong branch share registrar, was appointed as the scrutineer of vote-taking at the AGM.

By order of the Board

Agritrade Resources Limited

Ting Kin Wai

Company Secretary

Hong Kong, 29 August 2019

As at the date of this announcement, the Board comprises Mr. Ng Say Pek (Chairman), Mr. Ng Xinwei, Ms. Lim Beng Kim, Lulu and Mr. Ashok Kumar Sahoo as executive Directors and Mr. Siu Kin Wai, Mr. Terence Chang Xiang Wen, Mr. Cheng Yu and Mr. Phen Chun Shing Vincent as independent non - executive Directors.

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