Result of AGM

RNS Number : 0396K

Vietnam Enterprise Investments Ltd

27 August 2021

 

COMPANY ANNOUNCEMENT

For Immediate Release      

27 August 2021

Vietnam Enterprise Investments Limited

(the "Company")

RESULT OF ANNUAL GENERAL MEETING

The Board of Directors of the Company announces that at the Annual General Meeting of the Company held on 27 August 2021 (the "2021 AGM"), the resolutions numbered 1 to 10 in the notice of meeting for the 2021 AGM were passed by the required majority on a poll vote.

The votes made in relation to the resolutions proposed at the 2021 AGM were as follows:

Ordinary Resolutions	For	%	Against	%	Total proxy votes cast	Abstentions
1.  To receive and adopt the audited financial statements for the year ended 31 December 2020 together with the auditor's and Directors' reports thereon.	135,492,130	100.00	0	0.00	135,492,130	1
2.  To re-appoint KPMG Ltd of Vietnam as auditor of the Company and to authorise the Board to fix their remuneration.	135,384,383	99.92	107,747	0.08	135,492,130	1
3.  To re-elect Stanley Chou as a Director of the Company.	135,492,130	100.00	0	0.00	135,492,130	1
4.  To re-elect Gordon Lawson as a Director of the Company.	135,492,130	100.00	0	0.00	135,492,130	1
5.  To re-elect Vi Peterson as a Director of the Company.	135,492,130	100.00	0	0.00	135,492,130	1
6.  To re-elect Entela Benz-Saliasi as a Director of the Company.	135,492,130	100.00	0	0.00	135,492,130	1
7.  To elect Low Suk Ling as a Director of the Company.	135,492,130	100.00	0	0.00	135,492,130	1
8.  To re-elect Dominic Scriven as a Director of the Company.	126,531,221	100.00	2,633	0.00	126,533,854	8,958,277

Special Resolution	For	%	Against	%	Total proxy votes cast	Abstentions
9.  To authorise the Company generally and unconditionally to make market purchases of its ordinary shares of US$0.01 each provided that: (i)  the maximum aggregate number of ordinary shares that may be purchased is 14.99 per cent. of issued share capital (excluding shares held in treasury as at the date of this Notice (32,238,422 shares)); (ii)  the minimum price which may be paid for each ordinary share is US$0.01; (iii)  the maximum price (excluding expenses) which may be paid for each ordinary share is the higher of: (a) 105 per cent. of the average market value of an ordinary share in the Company for the five business days prior to the day the purchase is made; and (b) the higher of the price of the last independent trade and the highest current independent bid as stipulated by Regulatory Technical Standards adopted by the European Commission pursuant to Article 5 (6) of the Market Abuse Regulation; and (iv)  the authority conferred by this resolution shall expire on 31 December 2022 or, if earlier, at the conclusion of the Company's next annual general meeting save that the Company may, before the expiry of the authority granted by this resolution, enter into a contract to purchase ordinary shares which will or may be executed wholly or partly after the expiry of such authority.	135,492,130	100.00	0	0.00	135,492,130	1
10.  To amend regulation 95 of the Articles of Association of the Company by deleting the figure "US$200,000" and replacing it with the figure "US$400,000".	135,487,561	100.00	4,569	0.00	135,492,130	1

For further information, please contact:

Vietnam Enterprise Investments Limited

Rachel Hill

Phone: [phone]

Mobile: [phone]

[e-mail]  

Jefferies International Limited

Stuart Klein 

Phone: [phone]

[e-mail]  

Smithfield

George Yeomans

Phone: [phone]

[e-mail]  

LEI: 213800SYT3T4AGEVW864

 

END

 

 

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