Federal International 2000 : Results of AGM FY2022 held on 28 April 2023

FEDERAL INTERNATIONAL (2000) LTD

Incorporated in the Republic of Singapore

Company Registration No. 199907113K

RESULTS OF ANNUAL GENERAL MEETING

The Board of Directors (the "Board") of Federal International (2000) Ltd (the "Company") is pleased to announce that pursuant to Rule 704(16) of the Listing Manual of the Singapore Exchange Securities Trading Limited, the ordinary resolutions as set out in the Notice of the Annual General Meeting (the "AGM") dated 12 April 2023 and put to the AGM as ordinary and special businesses have been duly passed by the shareholders of the Company at the AGM held on 28 April 2023.

(a) The results of poll on the ordinary resolutions as set out in the Notice of AGM are set out below:

							FOR	AGAINST
						Total		As a		As a
						number of		percentage		percentage
						shares		of total		of total
						represented		number of		number of
						by votes for		votes for		votes for
						and against		and against		and
						the relevant	Number of	the	Number	against the
Ordinary Resolutions		resolution	shares	resolution	of shares	resolution
1.	To	receive	and		adopt	57,302,965	57,302,965	100%	0	0%
	Directors' Statement and
	Audited	Financial
	Statements	of		the
	Company	for		the
	financial year ended 31
	December 2022 together
	with	Auditor's	Report
	thereon
2.	To	re-elect	Ms	Maggie	57,302,965	57,302,965	100%	0	0%
	Koh, as a Director of the
	Company
3. To re-elect Mr Hoon Tai	57,302,965	57,302,965	100%	0	0%
	Meng, as a Director of
	the Company
4. To re-elect	Mr		Heng	57,302,965	57,302,965	100%	0	0%
	Yeow Teck, Malcolm, as
	a	Director	of	the
	Company
5. To approve the Directors'	57,302,965	57,277,965	99.96%	25,000	0.04%
	fees of S$190,000 to
	Non-Executive		and
	Independent Directors of
	the	Company		for
	financial year ending 31
	December 2023,		to be
	paid quarterly in arrears

			FOR	AGAINST
		Total		As a		As a
		number of		percentage		percentage
		shares		of total		of total
		represented		number of		number of
		by votes for		votes for		votes for
		and against		and against		and
		the relevant	Number of	the	Number	against the
Ordinary Resolutions	resolution	shares	resolution	of shares	resolution
6. To re-appoint Baker Tilly	57,302,965	57,302,965	100%	0	0%
TFW LLP as Auditor of
the Company	and to
authorise the	Directors
to fix its remuneration
7. To approve the authority	57,302,965	57,277,965	99.96%	25,000	0.04%
to issue shares

1. None of the shareholders of the Company is required to abstain from voting on the above ordinary resolutions tabled at the AGM.
2. Name of firm and/or person appointed as scrutineer Finova BPO Pte Ltd is the appointed scrutineer for the AGM.

By order of the Board Mr Koh Kian Kiong

Executive Chairman and Chief Executive Officer Date: 28 April 2023

____________________________________________________________________________________

About Federal International (Bloomberg Code: FEDI SP)

Established in 1974 and listed on the mainboard of the Singapore Stock Exchange in 2000, Federal International (2000) Limited ("Federal" and together with its subsidiaries, the "Group"), is an integrated service provider and procurement specialist in the oil and gas and energy industries. The Group's main trading business contributes over 90% of total turnover.

The Group's strategy for sustainable growth of the trading business is through forming strategic partnerships. One such partnership is with PT Gunanusa Utama Fabricators ("PTG"). PTG is an established EPCIC contractor and its customers include oil majors such as TOTAL, Petronas, ONGC, Pertamina and PTTEP. The Group provides procurement services to PTG for the projects secured by PTG.

In addition, the Group has a design and manufacturing facility located in Scotland, the United Kingdom. The facility is American Petroleum Institute (API) Q1, Spec 6D, ISO 9001:2015 and Pressure Equipment Directive 97/23/EC (PED) certified. Products manufactured also meet the Safety Integrity Level (SIL) Qualification independently certified by Exida.

The Group also owns a floating, storage and offloading ("FSO") vessel through its 30% interest in an associate. The FSO is chartered to PT Pertamina Hulu Energi OSES. The Group has a 1,200 HP American built land drilling rig. The Group also operates an industrial tap water plant in the People's Republic of China under a 30-year Build, Operate and Transfer agreement with the local Xinjin District, Chengdu government.