Heng Tai Consumables : POLL RESULTS OF 2019 ANNUAL GENERAL MEETING

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HENG TAI CONSUMABLES GROUP LIMITED

亨泰消費品集團有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 00197)

POLL RESULTS OF 2019 ANNUAL GENERAL MEETING

Reference is made to the circular (the "Circular") of Heng Tai Consumables Group Limited (the "Company") dated 31 October 2019 and the AGM Notice. Unless the context otherwise requires, terms used in this announcement shall have the same meanings as those defined in the Circular.

Poll Results of the AGM

The Board is pleased to announce that all the proposed resolutions as set out in the AGM Notice dated 31 October 2019 were duly passed as ordinary resolutions by the Shareholders at the AGM held on 20 December 2019 by way of poll.

The Branch Share Registrar, Union Registrars Limited, acted as the scrutineer for the vote taking at the AGM.

As at the date of the AGM, the number of issued Shares was 1,872,696,182 Shares and the number of issued Shares entitling the holders to attend and vote for or against the resolutions at the AGM was 1,872,696,182 Shares. Every Shareholder present in person or by proxy has one vote for every Share of which he is the holder. None of the Shareholders were required to abstain from voting at the AGM. There were no Shares entitling their holders to attend and vote only against the resolutions at the AGM. None of the Shareholders has stated his intention in the Circular to vote against the resolutions proposed or to abstain from voting on the resolutions proposed at the AGM.

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The poll results of the AGM were as follows:-

		Number of votes cast
		(Approximate %)
	Ordinary resolutions	FOR	AGAINST
1.	To receive, consider and adopt the audited	788,913,177	0
	consolidated financial statements and the reports of	(100.0000%)	(0.0000%)
	the directors and auditor for the financial year ended
	30 June 2019
2. (a) To re-elect Mr. Lam Kwok Hing as an	788,912,020	1,157
	Executive Director;	(99.9999%)	(0.0001%)
	(b) To re-elect Mr. Chan Cheuk Yu Stephen as an	788,913,177	0
	Executive Director;	(100.0000%)	(0.0000%)
	(c) To re-elect Mr. Poon Yiu Cheung Newman as	788,913,177	0
	an Independent Non-executive Director; and	(100.0000%)	(0.0000%)
	(d) To authorise the board of directors to fix the	788,913,177	0
	directors' remuneration	(100.0000%)	(0.0000%)
3. To re-appoint the Company's auditor and authorise	788,913,177	0
	the board of directors to fix their remuneration	(100.0000%)	(0.0000%)
4. To grant a general mandate to the directors to allot,	788,912,020	1,157
	issue and deal with additional shares (including	(99.9999%)	(0.0001%)
	securities convertible into shares) not exceeding
	20% of the number of issued shares of the
	Company
5. To grant a general mandate to the directors to	788,913,177	0
	buy-back the shares not exceeding 10% of number	(100.0000%)	(0.0000%)
	of issued shares of the Company
6. To extend the general mandate granted to the	788,912,020	1,157
	directors under resolution no. 4 to allot, issue and	(99.9999%)	(0.0001%)
	deal with the shares of the Company by the number
	of shares bought-back under resolution no. 5
Note:	Please refer to the AGM Notice for the full text of the above resolutions.

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As more than 50% of the votes were cast in favour of each of the above resolutions by the Shareholders who attended and voted at the AGM in person or by proxy or by corporate representatives by way of poll, these resolutions were passed as ordinary resolutions at the AGM.

By order of the Board

Heng Tai Consumables Group Limited

Lam Kwok Hing

Chairman

Hong Kong, 20 December 2019

As at the date of this announcement, the Board comprises four executive directors, namely Mr. Lam Kwok Hing (Chairman), Ms. Lee Choi Lin Joecy, Ms. Gao Qin Jian and Mr. Chan Cheuk Yu Stephen; and three independent non-executive directors, namely Ms. Mak Yun Chu, Mr. Poon Yiu Cheung Newman and Mr. Hung Hing Man.

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