GREAT WALL PAN ASIA HOLDINGS LIMITED 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.
At the special general meeting of SCMP Group Limited (the "Company") held on 14 March 2016 (the "SGM"), a poll was demanded by the Chairman for voting on all the proposed resolutions as set out in the notice of special general meeting ("SGM Notice") dated 19 February 2016.
Computershare Hong Kong Investor Services Limited, the Company's share registrar in Hong Kong, was appointed as the scrutineer for the vote-taking at the SGM.
As at the date of the SGM, the total number of issued shares in the Company was 1,567,585,596, which was the total number of shares entitling the holders to attend and vote for or against the resolutions at the SGM. There was no restriction on any shareholder to cast votes on any of the resolutions at the SGM. The controlling shareholder of the Company, Kerry Media Limited, has irrevocably undertaken to Alibaba Investment Limited that to vote in favour of and to approve the resolution relating to the Disposal (as defined in the Company's circular dated 19 February 2016). No person had indicated in the circular containing the SGM Notice any intention to vote against or to abstain from voting on any of the resolutions at the SGM.
The poll results for each of the proposed resolutions are as follows:
No. of Votes (%) | |||
For | Against | ||
1. | To approve, as an ordinary resolution, the Disposal and the Special Cash Payment (as defined in the Company's circular dated 19 February 2016) | 1,470,017,409 99.999796% | 3,000 0.000204% |
As more than 50% of the votes were cast in favour of this resolution, the resolution was duly passed as an ordinary resolution. | |||
2. | To approve, as a special resolution, the change of name of the Company | 1,470,010,409 99.999320% | 10,000 0.000680% |
As more than 75% of the votes were cast in favour of this resolution, the resolution was duly passed as a special resolution. | |||
As the resolution to approve the Disposal and the Special Cash Payment has been passed, the Company currently expects that completion of the Disposal will take place on 5 April 2016 (and not on 1 April 2016 as previously expected). The book closure period and record date for the Special Cash Payment, and the date on or around which cheques for the Special Cash Payment will be despatched, are unaffected by this change to the expected date of completion of the Disposal and remain the same as set out in the Company's announcement dated 7 March 2016.
For and on behalf of the Board of
SCMP Group Limited David J. PangChairman
Hong Kong, 14 March 2016
As at the date of this announcement, the Board comprises: Non-executive Directors
Dr. David J. Pang (Chairman) and Tan Sri Dr. Khoo Kay Peng
Independent Non-executive Directors
Dr. Fred Hu Zu Liu, Dr. the Hon. Sir David Li Kwok Po and Mr. Wong Kai Man
Ms. Kuok Hui Kwong
* For identification purpose only
SCMP Group Limited issued this content on 14 March 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 14 March 2016 08:50:27 UTC
Original Document: http://scmpgroup.com/sites/default/files/E_SGM poll results (6)(Submission version)_0.pdf
