Pipeline Engineering : POLL RESULT OF THE EXTRAORDINARY GENERAL MEETING HELD ON 5 MAY 2021

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Pipeline Engineering Holdings Limited

管 道 工 程 控 股 有 限 公 司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 1865)

POLL RESULT OF THE EXTRAORDINARY

GENERAL MEETING HELD ON 5 MAY 2021

The Board is pleased to announce that the Resolution as set out in the Notice of EGM was duly passed by the Shareholders by way of poll at the EGM held on 5 May 2021.

Reference is made to the circular (the "Circular") and notice of the extraordinary general meeting (the "Notice of EGM") of Pipeline Engineering Holdings Limited (the "Company") both dated 1 April 2021. Unless otherwise defined, capitalized terms used herein shall have the same meanings as those defined in the Circular and the Notice of EGM.

RESULT OF THE EGM

The Board is pleased to announce that the proposed special resolution (the "Resolution") as set out in the Notice of EGM was duly passed by the Shareholders by way of poll at the EGM held on Wednesday, 5 May 2021. As at the date of the EGM, there were 920,000,000 Shares in issue, being the total number of Shares entitling the Shareholders to attend and vote on the Resolution at the EGM. There were no Shares entitling the Shareholders to attend and abstain from voting in favour of the Resolution at the EGM pursuant to Rule 13.40 of the Listing Rules. No Shareholder was required under the Listing Rules to abstain from voting on the Resolution at the EGM. No parties had indicated in the Circular of their intention to vote against or to abstain from voting on the Resolution at the EGM.

Tricor Investor Services Limited, the branch share registrar and transfer office of the Company in Hong Kong, was appointed to act as the scrutineer for the voting-taking at the EGM.

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The poll result of the Resolution was as follows:

SPECIAL RESOLUTION	No. of Votes (%)
For	Against
To approve, subject to and conditional upon the approval	248,701,200	0
of the Registrar of Companies in the Cayman Islands, the	(100.00%)	(0.00%)
English name of the Company be changed from "Pipeline
Engineering Holdings Limited" to "Trendzon Holdings
Group Limited" and its dual foreign name in Chinese of
the Company from " 管道工程控股有限公司" to " 卓
航控股集團有限公司 " (the "Proposed Change of
Company Name"), and to authorise any one or more
of the directors of the Company to do all such acts and
things and execute all such documents as he/she/they
consider necessary, desirable or expedient for the purpose
of, or in connection with, the implementation of and
giving effect to the Proposed Change of Company Name
and to attend to any necessary registration and/or filing
for and on behalf of the Company.

As not less than 75% of the votes were cast in favour of the Resolution, such Resolution was duly passed as special resolution of the Company.

By Order of the Board

Pipeline Engineering Holdings Limited

Feng Jiamin and Michael Shi Guan Wah

Joint Chairmen

Hong Kong, 5 May 2021

As at the date of this announcement, the Board comprises Mr. Michael Shi Guan Wah, Ms. Feng Jiamin and Mr. Lok Ka Ho as executive Directors; Mr. Shek Jun Chong, Mr. Qiu Yue, Mr. Cher Choong Kiak, Mr. Chiam Soon Chian (Zhan Shunquan), Mr. Choo Chih Chien Benjamin and Mr. Tong Wing Chi as independent non-executive Directors.

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