2022 AGM Results

Star Phoenix Group Ltd

03 July 2023

 

29 June 2023

Star Phoenix Group Ltd

("Star Phoenix" or the "Company")

RESULTS OF 2022 ANNUAL GENERAL MEETING

Star Phoenix (AIM: STA), an international company with an oilfield services business in Trinidad and an oil and gas interest in Indonesia, announced on 2 June and 5 June 2023 that an Annual General Meeting ("AGM") will be hold at 1st Floor, 203 Blackburn Road, Mt Waverley, Melbourne, Victoria Australia 3149 at 16:00 (AET) on 28 June 2023.

After receiving the final proxy reports presented in the AGM, the Company announces the following voting results:

·    Resolution 1 - RE-ELECT LUBING LIU: there were 2,215,947 votes of "For", 41,874,181 votes of "Against" whilst 88,021 votes of abstain. Therefore Resolution 1 is not passed.

·    Resolution 2 - ELECT YUFENG MENG: there were 44,078,145 votes of "For", 7,223 votes of "Against" whilst 92,781 votes of abstain. Therefore Resolution 2 is passed.

As a result, Mr. Lubing Liu ceases to be a Director of the Company and the office of Director automatically become vacant. Dr Yufeng Meng becomes a Director of the Company. At the same time, the Board appoints Dr Mu Luo as Executive Chairman of the Company on a provisional basis until a suitable replacement is announced.

The Company will provide a further update to the shareholders upon further material developments. This announcement has been approved by the Board of the Company.

Contact Details
Star Phoenix Group Ltd Robin Luo (Company Secretary) e. [e-mail] t.   [phone]

This announcement contains inside information for the purposes of Article 7 of the UK version of Regulation (EU) No 596/2014 which is part of UK law by virtue of the European Union (Withdrawal) Act 2018, as amended ("MAR"). Upon the publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain.

 

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