Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16]
May 24 2024 - 10:12AM
Edgar (US Regulatory)
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
Form
6-K
REPORT
OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE
SECURITIES
EXCHANGE ACT OF 1934
For
the month of May 2024.
Commission
File Number: 001-41677
CytoMed
Therapeutics Limited
(Exact
name of registrant as specified in its charter)
1
Commonwealth Lane
#08-22
Singapore
149544
(Address
of Principal Executive Office)
Indicate
by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐
Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ☐
Annual
Shareholders Meeting
On
May 15, 2024, at 11:00 a.m. local time (11:00 p.m. EST on May 14, 2024), CytoMed Therapeutics Limited (the “Company”) held
its 2024 annual meeting of shareholders (the “Annual Meeting”). Holders of zero ordinary shares of the Company were present
in person and 6,714,256 ordinary shares of the Company were present by proxy at the annual meeting, representing approximately 58.18%
of the total 11,540,000 outstanding ordinary shares and therefore constituting a quorum of at least two shareholders with ordinary shares
outstanding and entitled to vote at the annual meeting as of the record date of May 13, 2024. The final voting results for each matter
submitted to a vote of shareholders at the meeting are as follows:
| |
1. |
By
an ordinary resolution, to receive and adopt the Directors’ Statement, the audited financial statements of the Company for
the financial year ended December 31, 2023; |
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|
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2. |
By
an ordinary resolution, to receive and adopt the audited financial statements in relation to Form 20-F for the financial year ended
December 31, 2023; |
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|
|
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3. |
By
an ordinary resolution, to approve the re-election of Mr. Choo Chee Kong who is retiring by rotation pursuant to Regulation 117 of
the Constitution of the Company and who, being eligible, offers himself for re-election as a Director. To also note the resignation
of Mr. Wu Tao Thomas and Dr Lucas Luk Tien Wee as Directors. Both have given notice to the Company that they do not wish to stand
for re-election as Directors; |
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4. |
By
an ordinary resolution, to ratify the appointment of WWC, P.C., as the Company’s independent registered public accounting firm
for the financial year ending December 31, 2024 and that the Directors be empowered to fix the auditors’ remuneration in their
absolute discretion; |
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|
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5. |
By
an ordinary resolution, to ratify the appointment of KE Trust PAC as the Company’s independent registered public accounting
firm for the financial year ending December 31, 2024 and that the Directors be empowered to fix the auditors’ remuneration
in their absolute discretion; |
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|
|
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6. |
By
an ordinary resolution, to approve payment of Directors’ fees of US$90,000 for the financial year ending December 31, 2024,
and payment of Directors’ fees of US$70,000 for the financial year ended December 31, 2023. |
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|
|
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7. |
By
an ordinary resolution, to adjourn the Annual General Meeting to a later date or dates, if necessary, to permit further solicitation
and vote of proxies in the event that there are insufficient votes for, or otherwise in connection with, the approval of Proposal
One, Proposal Two, Proposal Three, Proposal Four or Proposal Five. |
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8. |
By
an ordinary resolution, to resolve that:
(a) Pursuant
to Section 161 of the Singapore Companies Act 1967 (the “Singapore Companies Act”) the Directors be and are hereby authorised
to issue such number of new ordinary shares in the capital of the Company as may be approved by the board of Directors (the “Board”),
such shares to rank pari passu in all respects with the existing issued ordinary shares in the capital of the Company in connection
with the initial public offering of the Company at the price(s) to be determined by the Board and on such terms and conditions as
the Board may at any time and from time to time think fit and allot the same to such members of the public and/or private placees
who shall have applied for the shares in connection with the admission of the Company to Nasdaq, as the Board may decide.
(b) Pursuant
to Section 161 of the Companies Act 1967 and all applicable laws (including but not limited to the listing rules of Nasdaq (the “Nasdaq
Listing Rules”)), the Directors be and are hereby authorised to: (a) (i) issue (in addition to the new ordinary shares referred
to in paragraph (a) above) new ordinary shares whether by way of rights, bonus or otherwise; and/or (ii) make or grant offers, agreements
or options (collectively “Instruments”) that might or would require new ordinary shares to be issued during the continuance
of this authority or thereafter, including but not limited to the creation and issue of (as well as adjustments to) options, warrants,
debentures or other instruments convertible into new ordinary shares, at any time and upon such terms and conditions and for such
purposes and to such persons as the Directors may in their absolute discretion deem fit; and (b) (notwithstanding this authorisation
conferred may have ceased to be in force) issue new ordinary shares in pursuance of any Instruments made or granted by the Directors
while this authorisation was in force, provided that:
(1) the
aggregate number of new ordinary shares to be issued pursuant to such authority (including new ordinary shares to be issued in pursuance
of the Instruments, made or granted pursuant to this authorisation but excluding new ordinary shares which may be issued pursuant
to any adjustments (“Adjustments”) effected under any relevant Instrument, which Adjustments shall be made in compliance
with all applicable laws (including the Nasdaq Listing Rules) for the time being in force (unless such compliance has been waived
by the Nasdaq) and the Constitution for the time being of the Company;
(2) in
exercising such authority, the Company shall comply with all applicable laws, including the provisions of the Act, the Nasdaq Listing
Rules for the time being in force (unless such compliance has been waived by the Nasdaq) and the Constitution for the time being
of the Company; and
(3) unless
revoked or varied by the Company in a general meeting by ordinary resolution, such authority shall continue in force until (i) the
conclusion of the next annual general meeting of the Company or (ii) the date by which the next annual general meeting of the Company
is required by law to be held, whichever is earlier. |
All
matters voted on at the Annual Meeting were approved as recommended by the Board of Directors of the Company. The number of votes cast
with respect to each proposal, as applicable, is set forth below. The Company’s inspector of election reported the final vote of
the stockholders as follows:
PROPOSAL
#001 RECEIVE AND ADOPT THE DIRECTORS’ STATEMENT
| *** | |
FOR | | |
AGAINST | | |
ABS/WHD | | |
BROKER
NON-VOTES |
| BENEFICIAL | |
| 220,521 | | |
| 130 | | |
| 0 | | |
|
| REGISTERED | |
| 6,493,605 | | |
| 0 | | |
| 0 | | |
|
| TOTAL SHARES VOTED | |
| 6,714,126 | | |
| 130 | | |
| 0 | | |
|
| % OF VOTED | |
| 99.99 | % | |
| 0.00 | % | |
| | | |
|
| % OF OUTSTANDING | |
| 58.18 | % | |
| 0.00 | % | |
| | | |
|
| % OF VOTED W/ABS/WHD | |
| 99.99 | % | |
| 0.00 | % | |
| 0.00 | % | |
|
| % OF OUTSTNDG W/ABS/WHD | |
| 58.18 | % | |
| 0.00 | % | |
| 0.00 | % | |
|
PROPOSAL
#002 ADOPT THE AUDITED FINANCIAL STATEMENTS IN RELATION TO FORM 20-F
| *** | |
FOR | | |
AGAINST | | |
ABS/WHD | | |
BROKER
NON-VOTES |
| BENEFICIAL | |
| 220,521 | | |
| 130 | | |
| 0 | | |
|
| REGISTERED | |
| 6,493,605 | | |
| 0 | | |
| 0 | | |
|
| TOTAL SHARES VOTED | |
| 6,714,126 | | |
| 130 | | |
| 0 | | |
|
| % OF VOTED | |
| 99.99 | % | |
| 0.00 | % | |
| | | |
|
| % OF OUTSTANDING | |
| 58.18 | % | |
| 0.00 | % | |
| | | |
|
| % OF VOTED W/ABS/WHD | |
| 99.99 | % | |
| 0.00 | % | |
| 0.00 | % | |
|
| % OF OUTSTNDG W/ABS/WHD | |
| 58.18 | % | |
| 0.00 | % | |
| 0.00 | % | |
|
PROPOSAL
#003 APPROVE THE RE-ELECTION OF MR. CHOO CHEE KONG
| *** | |
FOR | | |
AGAINST | | |
ABS/WHD | | |
BROKER
NON-VOTES |
| BENEFICIAL | |
| 220,521 | | |
| 130 | | |
| 0 | | |
|
| REGISTERED | |
| 6,493,605 | | |
| 0 | | |
| 0 | | |
|
| TOTAL SHARES VOTED | |
| 6,714,126 | | |
| 130 | | |
| 0 | | |
|
| % OF VOTED | |
| 99.99 | % | |
| 0.00 | % | |
| | | |
|
| % OF OUTSTANDING | |
| 58.18 | % | |
| 0.00 | % | |
| | | |
|
| % OF VOTED W/ABS/WHD | |
| 99.99 | % | |
| 0.00 | % | |
| 0.00 | % | |
|
| % OF OUTSTNDG W/ABS/WHD | |
| 58.18 | % | |
| 0.00 | % | |
| 0.00 | % | |
|
PROPOSAL
#004 RATIFY WWC, P.C. AS INDEP. REGISTERED PUBLIC ACCOUNTANT
| *** | |
FOR | | |
AGAINST | | |
ABS/WHD | | |
BROKER
NON-VOTES |
| BENEFICIAL | |
| 220,521 | | |
| 130 | | |
| 0 | | |
|
| REGISTERED | |
| 6,493,605 | | |
| 0 | | |
| 0 | | |
|
| TOTAL SHARES VOTED | |
| 6,714,126 | | |
| 130 | | |
| 0 | | |
|
| % OF VOTED | |
| 99.99 | % | |
| 0.00 | % | |
| | | |
|
| % OF OUTSTANDING | |
| 58.18 | % | |
| 0.00 | % | |
| | | |
|
| % OF VOTED W/ABS/WHD | |
| 99.99 | % | |
| 0.00 | % | |
| 0.00 | % | |
|
| % OF OUTSTNDG W/ABS/WHD | |
| 58.18 | % | |
| 0.00 | % | |
| 0.00 | % | |
|
PROPOSAL
#005 RATIFY KE TRUST, PAC AS INDEP. REGISTERED PUBLIC ACCOUNTANT
| *** | |
FOR | | |
AGAINST | | |
ABS/WHD | | |
BROKER
NON-VOTES |
| BENEFICIAL | |
| 220,367 | | |
| 284 | | |
| 0 | | |
|
| REGISTERED | |
| 6,493,605 | | |
| 0 | | |
| 0 | | |
|
| TOTAL SHARES VOTED | |
| 6,713,972 | | |
| 284 | | |
| 0 | | |
|
| % OF VOTED | |
| 99.99 | % | |
| 0.00 | % | |
| | | |
|
| % OF OUTSTANDING | |
| 58.18 | % | |
| 0.00 | % | |
| | | |
|
| % OF VOTED W/ABS/WHD | |
| 99.99 | % | |
| 0.00 | % | |
| 0.00 | % | |
|
| % OF OUTSTNDG W/ABS/WHD | |
| 58.18 | % | |
| 0.00 | % | |
| 0.00 | % | |
|
PROPOSAL
#006 APPROVE PAYMENT OF DIRECTORS’ FEES
| *** | |
FOR | | |
AGAINST | | |
ABS/WHD | | |
BROKER
NON-VOTES |
| BENEFICIAL | |
| 220,473 | | |
| 178 | | |
| 0 | | |
|
| REGISTERED | |
| 6,493,605 | | |
| 0 | | |
| 0 | | |
|
| TOTAL SHARES VOTED | |
| 6,714,078 | | |
| 178 | | |
| 0 | | |
|
| % OF VOTED | |
| 99.99 | % | |
| 0.00 | % | |
| | | |
|
| % OF OUTSTANDING | |
| 58.18 | % | |
| 0.00 | % | |
| | | |
|
| % OF VOTED W/ABS/WHD | |
| 99.99 | % | |
| 0.00 | % | |
| 0.00 | % | |
|
| % OF OUTSTNDG W/ABS/WHD | |
| 58.18 | % | |
| 0.00 | % | |
| 0.00 | % | |
|
PROPOSAL
#007 ADJOURN THE MEETING, IF NECESSARY, TO SOLICIT ADDITIONAL PROXIES
| *** | |
FOR | | |
AGAINST | | |
ABS/WHD | | |
BROKER
NON-VOTES |
| BENEFICIAL | |
| 220,473 | | |
| 178 | | |
| 0 | | |
|
| REGISTERED | |
| 6,493,605 | | |
| 0 | | |
| 0 | | |
|
| TOTAL SHARES VOTED | |
| 6,714,078 | | |
| 178 | | |
| 0 | | |
|
| % OF VOTED | |
| 99.99 | % | |
| 0.00 | % | |
| | | |
|
| % OF OUTSTANDING | |
| 58.18 | % | |
| 0.00 | % | |
| | | |
|
| % OF VOTED W/ABS/WHD | |
| 99.99 | % | |
| 0.00 | % | |
| 0.00 | % | |
|
| % OF OUTSTNDG W/ABS/WHD | |
| 58.18 | % | |
| 0.00 | % | |
| 0.00 | % | |
|
PROPOSAL
#008 AUTHORIZE THE DIRECTORS TO ISSUE ORDINARY SHARES
| *** | |
FOR | | |
AGAINST | | |
ABS/WHD | | |
BROKER
NON-VOTES |
| BENEFICIAL | |
| 220,473 | | |
| 178 | | |
| 0 | | |
|
| REGISTERED | |
| 6,493,605 | | |
| 0 | | |
| 0 | | |
|
| TOTAL SHARES VOTED | |
| 6,714,078 | | |
| 178 | | |
| 0 | | |
|
| % OF VOTED | |
| 99.99 | % | |
| 0.00 | % | |
| | | |
|
| % OF OUTSTANDING | |
| 58.18 | % | |
| 0.00 | % | |
| | | |
|
| % OF VOTED W/ABS/WHD | |
| 99.99 | % | |
| 0.00 | % | |
| 0.00 | % | |
|
| % OF OUTSTNDG W/ABS/WHD | |
| 58.18 | % | |
| 0.00 | % | |
| 0.00 | % | |
|
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned, thereunto duly authorized.
| Date:
May 24, 2024 |
CytoMed
Therapeutics Limited |
| |
|
|
| |
By: |
/s/
CHOO Chee Kong |
| |
Name: |
CHOO
Chee Kong |
| |
Title: |
Director
and Chairman |
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