Vietnam Enterprise Investments Ltd Result of AGM (1447R)
December 07 2016 - 1:00AM
UK Regulatory
TIDMVEIL
RNS Number : 1447R
Vietnam Enterprise Investments Ltd
07 December 2016
COMPANY ANNOUNCEMENT
For Immediate Release 7 December 2016
Vietnam Enterprise Investments Limited
Result of Annual General Meeting - 7 December 2016
The Board of Directors of Vietnam Enterprise Investments Limited
(the "Company") announces that at the Annual General Meeting of the
Company held on 7 December 2016 the resolutions numbered 1 to 9 in
the notice of meeting for the Annual General Meeting were all
passed by the required majority on a poll vote.
The votes made in relation to the resolutions proposed at the
Annual General Meeting were as follows:
Ordinary Resolutions For % Against % Total Abstentions
proxy
votes
cast
------------ ------- ---------- ----- ------------ ------------
1. To receive and
adopt the audited
financial statements
for the year ended
31 December 2015
together with the
auditor's and Directors'
reports thereon. 101,572,637 99.95 51,514 0.05 101,624,151 0
------------ ------- ---------- ----- ------------ ------------
2. To re-appoint
KPMG Ltd of Vietnam
as auditor of the
Company for the
ensuing year at
a fee to be agreed
by the Directors. 101,572,637 99.95 51,514 0.05 101,624,151 0
------------ ------- ---------- ----- ------------ ------------
3. To elect Marc
Faber as a Director
of the Company. 101,231,861 99.61 392,290 0.39 101,624,151 0
------------ ------- ---------- ----- ------------ ------------
4. To elect Stanley
Yu-Chung Chou as
a Director of the
Company. 100,199,151 98.60 1,425,000 1.40 101,624,151 0
------------ ------- ---------- ----- ------------ ------------
5. To re-elect
Wolfgang Bertelsmeier
as a Director of
the Company. 101,624,151 100.00 0 0.00 101,624,151 0
------------ ------- ---------- ----- ------------ ------------
6. To re-elect
Derek Loh as a
Director of the
Company. 101,624,151 100.00 0 0.00 101,624,151 0
------------ ------- ---------- ----- ------------ ------------
7. To re-elect
Gordon William
Lawson as a Director
of the Company. 101,624,151 100.00 0 0.00 101,624,151 0
------------ ------- ---------- ----- ------------ ------------
8. To re-elect
Dominic Scriven
as a Director of
the Company. 101,624,151 100.00 0 0.00 101,624,151 0
------------ ------- ---------- ----- ------------ ------------
Special Resolutions For % Against % Total Abstentions
proxy
votes
cast
--------------------------- ------------ ------- -------- ----- ------------ ------------
9. That, as a special
resolution the
Company generally
and unconditionally
authorised 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% of issued
share capital;
(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
2017 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. 101,624,151 100.00 0 0.00 101,624,151 0
------------ ------- -------- ----- ------------ ------------
Enquiries:
Vietnam Enterprise Investments Ltd Rachel Hill
rachelhill@dragoncapital.com
+44 (0) 20 7 149 9969
Jefferies International Limited Stuart Klein
stuart.klein@jefferies.com
+44 (0) 20 7029 8703
Smithfield Ged Brumby
gbrumby@smithfieldgroup.com
+44 (0) 20 7903 0674
This information is provided by RNS
The company news service from the London Stock Exchange
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