NOTICE OF
ANNUAL GENERAL MEETING
140
CITIC ENVIROTECH LTD.
Annual Report
2015
NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at Connection
1, Level 3, Amara Hotel, 165 Tanjong Pagar Road, Singapore 088539, on Wednesday, 27 April 2016 at
10.00 a.m., to transact the following businesses:-
AS ORDINARY BUSINESS
1.
To receive and adopt the Audited Financial Statements of the Company for the period ended 31
December 2015 and the Directors’ Statement and the Auditors’ Report thereon.
(Resolution 1)
2.
To approve a First and Final tax-exempt (one-tier) Dividend of 0.36 Singapore cents per ordinary
share for the financial period ended 31 December 2015.
(Resolution 2)
3.
To re-elect Dr Lin Yucheng, a director retiring pursuant to Article 91 of the Company’s Constitution
and who, being eligible, will offer himself for re-election.
(Resolution 3)
4.
To re-elect Mr David Yeung Koon Sang, a director retiring pursuant to Article 91 of the Company’s
Constitution and who, being eligible, will offer himself for re-election.
(Resolution 4)
Mr David Yeung Koon Sang, if re-appointed will remain as an Independent Director as well as the
Chairman of the Audit Committee and a member of the Nominating Committee and Remuneration
Committee; and will be considered independent for the purpose of Rule 704(8) of the Listing Manual
of the Singapore Exchange Securities Trading Limited.
5.
To re-appoint Mr Tay Beng Chuan as a Director of the Company.
(Resolution 5)
(See Explanatory Note 1)
Mr Tay Beng Chuan, if re-appointed will remain as an Independent Director as well as the Chairman
of the Nominating Committee and a member of the Audit Committee and Remuneration Committee;
and will be considered independent for the purpose of Rule 704(8) of the Listing Manual of the
Singapore Exchange Securities Trading Limited.
6.
To approve the payment of Directors’ fee of S$258,000 for the financial year ending 31 December
2016.
(Resolution 6)
7.
To re-appoint Messrs Deloitte & Touche LLP as auditors of the Company and to authorise the
Directors to fix their remuneration.
(Resolution 7)
AS SPECIAL BUSINESS
To consider and, if thought fit, to pass the following ordinary resolutions with or without modifications:-
8.
Authority to allot shares
(a)
“That, pursuant to Section 161 of the Companies Act, Chapter 50, and the listing rules of
the Singapore Exchange Securities Trading Limited, approval be and is hereby given to the
Directors of the Company at any time to such persons and upon such terms and for such
purposes as the Directors may in their absolute discretion deem fit, to:
(i)
issue shares in the capital of the Company whether by way of rights, bonus or otherwise;
