Telecom Service One : Poll Results of Annual General Meeting held on 4 September 2019

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Telecom Service One Holdings Limited

電 訊 首 科 控 股 有 限 公 司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 3997)

POLL RESULTS OF ANNUAL GENERAL MEETING

HELD ON 4 SEPTEMBER 2019

Telecom Service One Holdings Limited (the "Company") is pleased to announce that at the annual general meeting of the Company (the "AGM") held at 10/F., YHC Tower, No.1 Sheung Yuet Road, Kowloon Bay, Kowloon, Hong Kong at 10:30 a.m. on 4 September 2019, all the proposed resolutions (the "Resolutions") as set out in the circular of the Company dated 26 July 2019 (the "Circular") incorporating a notice of the AGM (the "Notice") were duly passed by the shareholders of the Company (the "Shareholders") by way of poll. Unless otherwise defined, terms used in this announcement shall have the same meanings as defined in the Circular.

The poll results in respect of the Resolutions proposed at the AGM were as follows:

			Number of Votes
		Ordinary Resolutions	(Approximate %)
			For	Against
1	To consider and adopt the audited consolidated	90,244,000	0
	financial statements and the reports of the directors	(100.00%)	(0.00%)
	and auditors of the Company for the year ended
	31 March 2019.
2	(a)	To re-elect Mr. Cheung King Fung Sunny as	90,244,000	0
		an executive director of the Company.	(100.00%)	(0.00%)
	(b)	To re-elect Mr. Cheung King Shan as a	90,244,000	0
		non-executive director of the Company.	(100.00%)	(0.00%)
	(c)	To re-elect Mr. Cheung King Chuen Bobby as	90,244,000	0
		a non-executive director of the Company.	(100.00%)	(0.00%)

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		Number of Votes
	Ordinary Resolutions	(Approximate %)
		For	Against
3	To authorise the board of directors of the Company	90,244,000	0
	to fix the remuneration of the directors of the	(100.00%)	(0.00%)
	Company.
4	To re-appoint SHINEWING (HK) CPA Limited as	90,244,000	0
	auditors of the Company and to authorise the board	(100.00%)	(0.00%)
	of directors of the Company to fix their
	remuneration.
5	To grant a general mandate to the directors of the	90,000,000	244,000
	Company to allot, issue and deal with new shares	(99.73%)	(0.27%)
	of the Company not exceeding 20% of its total
	number of shares in issue as at the date of passing
	this resolution.
6	To grant a general mandate to the directors of the	90,244,000	0
	Company to repurchase shares of the Company not	(100.00%)	(0.00%)
	exceeding 10% of its total number of shares in
	issue as at the date of passing this resolution.
7	To extend the general mandate granted to the	90,000,000	244,000
	directors of the Company to allot, issue and deal	(99.73%)	(0.27%)
	with additional shares in the share capital of the
	Company by the number of shares not exceeding
	the total number of shares repurchased by the
	Company.

As more than 50% of the votes were cast in favour of the Resolutions, the Resolutions were duly passed as ordinary resolutions by the Shareholders at the AGM.

The description of the Resolutions above is by way of summary only. The full text appears in the Notice.

As at the date of the AGM:

1. The total number of shares of the Company in issue and entitling the holders to attend and vote for or against the Resolutions at the AGM: 128,342,000 shares.
2. The total number of shares of the Company entitling the holders to attend and abstain from voting in favour at the AGM as set out in Rule 13.40 of the Rules Governing the Listing of Securities of the Stock Exchange (the "Listing Rules"): Nil.
3. None of the Shareholders have stated their intention in the Circular to vote against any of the Resolutions at the AGM.
4. None of the Shareholders is required under the Listing Rules to abstain from voting on any of the Resolutions at the AGM.

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Union Registrars Limited, the Company's branch share registrar in Hong Kong, was appointed as the scrutineer for the purpose of vote-taking at the AGM.

By Order of the Board

Telecom Service One Holdings Limited

Cheung King Shek

Chairman

Hong Kong, 4 September 2019

As at the date of this announcement, the chairman and non-executive director of the Company is Mr. Cheung King Shek; the chief executive officer and executive director of the Company is Mr. Cheung King Fung Sunny; the non-executive directors of the Company are Mr. Cheung King Shan and Mr. Cheung King Chuen Bobby; and the independent non-executive directors of the Company are Mr. Fong Ping, Ms. Kwok Yuen Man Marisa and Mr. Tso Ka Yi.

The English text of this announcement shall prevail over the Chinese text in case of inconsistencies.

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