Search ST Engineering

English
AA

Resolutions Passed at the 18th Annual General Meeting

 

SINGAPORE TECHNOLOGIES ENGINEERING LTD
Incorporated in the Republic of Singapore (Company Registration No. 199706274H )
RESOLUTIONS PASSED AT THE 18TH ANNUAL GENERAL MEETING


Pursuant to Rule 704(16) of the Listing Manual, Singapore Technologies Engineering Ltd (the ""Company"") wishes to announce that at the 18th Annual General Meeting (""AGM"") of the Company held at 2:45 p.m. today, the Resolutions relating to the following matters as set out in the Notice of AGM dated 27 March 2015 were put to the Meeting and duly passed :-

Resolutions

FOR

AGAINST

Number of Shares

Percentage (%)

Number of Shares

Percentage (%)

Ordinary Resolution(s)

1

Adoption of Directors' and Auditors' Reports and Accounts for the financial year ended 31 December 2014

2,338,559,022

99.99

219,862

0.01

2

Approval of a final ordinary tax exempt (one-tier) dividend of 4.0 cents per share and a special tax exempt (one-tier) dividend of 7.0 cents per share for the financial year ended 31 December 2014

2,338,877,402

100.00*

94,847

0.00**

3

Re-election of Mr Koh Beng Seng# as Director

2,329,019,983

99.67

7,600,482

0.33

4

Re-election of Mr Venkatachalam Krishnakumar# as Director

2,324,753,734

99.47

12,346,145

0.53

5

Re-election of Mr Davinder Singh as Director

2,334,460,343

99.89

2,656,124

0.11

6

Re-election of MG (NS) Ng Chee Khern as Director

2,323,916,164

99.46

12,727,947

0.54

7

Re-election of Ms Olivia Lum Ooi Lin as Director

2,336,627,573

99.98

437,585

0.02

8

Re-election of Dr Beh Swan Gin as Director

2,333,853,888

99.88

2,831,563

0.12

9

Approval of the sum of $1,592,830 as Directors' compensation for the financial year ended 31 December 2014

2,333,636,169

99.93

1,621,816

0.07

10

Re-appointment of KPMG LLP as the Company's Auditors and authority for Directors to fix their remuneration

2,335,703,931

99.90

2,342,970

0.10

11

Authority for Directors to issue shares and to make or grant convertible instruments, subject to limits

2,205,565,158

94.39

131,066,125

5.61

12

Authority for Directors to grant awards and allot shares pursuant to the Singapore Technologies Engineering Performance Share Plan 2010 and the Singapore Technologies Engineering Restricted Share Plan 2010, subject to limits

2,332,039,088

99.76

5,620,460

0.24

# Mr Koh Beng Seng and Mr Venkatachalam Krishnakumar are considered independent directors for the purpose of Rule 704(8) of the Singapore Exchange Securities Trading Limited Listing Manual. They will continue as Chairman and Member of the Audit Committee respectively. 


* Rounding Off
** Not meaningful 


Record of Appreciation to Mr Quek Poh Huat
The Chairman and Board of Directors would like to record their sincere appreciation to Mr Quek Poh Huat who retired from the Board at the Company's AGM on 23 April 2015. 


By Order of the Board


CHUA SU LI
Company Secretary
Singapore


23 April 2015

 

Top