National Electronics : POLL RESULTS AT THE ANNUAL GENERAL MEETING HELD ON 28 AUGUST 2020

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NATIONAL ELECTRONICS HOLDINGS LIMITED

(Incorporated in Bermuda with limited liability)

(Stock Code: 213)

POLL RESULTS AT THE ANNUAL GENERAL MEETING

HELD ON 28 AUGUST 2020

At the Annual General Meeting of National Electronics Holdings Limited (the "Company") held on 28 August 2020 ("AGM"), a poll was demanded by the Chairman for voting on all proposed resolutions as set out in the Notice of Annual General Meeting dated 28 July 2020.

As at the date of the AGM, the number of issued shares of the Company was 989,738,962 shares, which was the total number of shares entitling the holders to attend and vote for or against all resolutions at the AGM. There were no restrictions on any shareholders to cast votes on any of the proposed resolutions at the AGM. There was no shareholder who was entitled to attend and vote only against any of the proposed resolutions at the AGM.

The Company's branch share registrar in Hong Kong, Tricor Standard Limited, was appointed as the scrutineer for the vote-taking at the AGM.

The poll results are set out as follows:

	Ordinary Resolutions	No. of Votes (%)
For	Against
1	To receive and consider the audited	617,013,385	0
	consolidated financial statements and reports of	(100%)	(0%)
	the directors and auditors of the Company for
	the year ended 31 March 2020.
2	To approve the payment of a final dividend	617,013,385	0
	recommended by the board of directors for the	(100%)	(0%)
	year ended 31 March 2020.
3	To re-elect Mr. Edward Lee Yuen Cheor as an	617,013,385	0
	Executive Director of the Company.	(100%)	(0%)

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Ordinary Resolutions

No. of Votes (%)

For

Against

4

To

re-elect

Mr.

Chan

Kwok

Wai

as

an

617,013,385

0

Independent

Non-executive

Director

of

the

(100%)

(0%)

Company.

5

To fix the directors' remuneration for their

617,013,385

0

services in an aggregate sum of not exceeding

(100%)

(0%)

HK$2,500,000.

6

To

re-appoint HLB

Hodgson

Impey

Cheng

617,013,385

0

Limited as auditors

of

the

Company

and to

(100%)

(0%)

authorise the board of directors to fix their

remuneration.

7

To issue a general mandate to the directors of

617,013,385

0

the Company to buy back Shares not exceeding

(100%)

(0%)

10% of the issued share capital of the

Company.

8

To issue a general mandate to the directors of

609,116,937

7,896,448

the

Company

to

allot,

issue and deal

with

(98.72%)

(1.28%)

Shares not exceeding 20% of the issued share

capital of the Company.

9

To extend the general mandate to directors of

609,116,937

7,896,448

the

Company

to

allot,

issue and deal

with

(98.72%)

(1.28%)

Shares by an amount not exceeding the amount

of the Shares bought back by the Company.

As a majority of the votes were cast in favour of each of the above resolutions, all such resolutions were passed as ordinary resolutions.

By order of the Board

LEE YUEN CHING JIMMY

Chairman

Hong Kong, 28 August 2020

As at the date of this announcement, the Executive Directors of the Company are Mr. Lee Yuen Ching, Jimmy, Mr. Lee Bon Chi, Loewe, Mr. Lee Yuen Kui, James, Mr. Lee Yuen Cheor, Edward and Mr. Wai Kwong Yuen, Ricky; the Non-executive Director of the Company is Ms. Lee Yuen Yu, Dorathy; and the Independent Non-executive Directors of the Company are Dr. Samson Sun, M.B.E., J.P., Mr. Chan Chak Cheung, William and Mr. Chan Kwok Wai.

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