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Resolutions Passed at the 19th Annual General Meeting

 

SINGAPORE TECHNOLOGIES ENGINEERING LTD 
Incorporated in the Republic of Singapore (Company Registration No. 199706274H ) 

ANNOUNCEMENT PURSUANT TO CLAUSE 704(16) OF THE SGX LISTING MANUAL
ANNOUNCEMENT ON RESOLUTIONS PASSED AT THE 19TH ANNUAL GENERAL MEETING 

Singapore Technologies Engineering Ltd (the ""Company"") is pleased to announce, in accordance with Clause 704(16) of the Listing Manual of the Singapore Exchange Securities Trading Limited, that:

(I) RESULTS OF AGM

A. At the 19th Annual General Meeting (""AGM"") of the Company held at 2:30 p.m. today, the Resolutions relating to the following matters as set out in the Notice of AGM dated 24 March 2016 were put to the Meeting and duly passed on poll vote :-

 

Resolution Number and Details

Total Number of Shares

Represented by Votes For and Against the Relevant Resolution 

 

 For

Against

Number of 
Shares

Percentage 
(%)

Number of Shares

Percentage (%) 

Number of Shares

Percentage (%) 

Ordinary Resolution 1 2,361,054,976

2,360,916,731

99.99

138,245

0.01

Adoption of Directors' Statement, Audited Financial Statements and Auditors' Report for the financial year ended 31 December 2015

         

Ordinary Resolution 2

2,360,849,468

2,360,779,218

100.0*

70,250

0.00**

Approval of a final ordinary tax exempt (one-tier) dividend of 5.0 cents per share and a special tax exempt (one-tier) dividend of 5.0 cents per share for the financial year ended 31 December 2015

 

 

 

 

 

Ordinary Resolution 3

2,360,122,939

2,017,996,800

85.50

342,126,139

14.50

Re-election of Mr Kwa Chong Seng as Director

 

 

 

 

 

Ordinary Resolution 4

2,354,828,607

2,348,494,455

99.73

6,334,152

0.27

Re-election of Mr Tan Pheng Hock# as Director

 

 

 

 

 

Ordinary Resolution 5

2,360,443,495

2,354,127,892

99.73

6,315,603

0.27

Re-election of Mr Quek Tong Boon as Director

 

 

 

 

 

Ordinary Resolution 6

2,360,457,766

2,335,882,300

98.96

24,575,466

1.04

Re-election of Dr Stanley Lai Tze Chang## as Director

 

 

 

 

 

Ordinary Resolution 7

2,360,414,293

2,348,301,066

99.49

12,113,227

0.51

Re-election of Mr Lim Sim Seng as Director

 

 

 

 

 

Ordinary Resolution 8

2,360,429,959

2,353,858,837

99.72

6,571,122

0.28

Re-election of MG Lim Cheng Yeow Perry@ as Director

 

 

 

 

 

Ordinary Resolution 9

2,360,192,666

2,356,164,365

99.83

4,028,301

0.17

Re-election of Mr Lim Ah Doo## as Director          

Ordinary Resolution 10

2,359,342,070

2,357,244,609

99.91

2,097,461

0.09

Approval of the sum of $1,749,212 as Directors' compensation for the financial year ended 31 December 2015

 

 

 

 

 

Ordinary Resolution 11

2,360,379,077

2,353,402,186

99.70

6,976,891

0.30

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

 

 

 

 

 

Ordinary Resolution 12

2,360,272,759

2,210,128,916

93.64

150,143,843

6.36

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

 

 

 

 

 

Ordinary Resolution 13

2,360,168,452

2,350,417,024

99.59

9,751,428

0.41

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

 

 

 

 

 

Ordinary Resolution 14

770,016,561

765,938,296

99.47

4,078,265

0.53

Renewal of the Shareholders Mandate for Interested Person Transactions          
Ordinary Resolution 15 2,359,866,131 2,359,754,105 100.00* 112,026 0.00**
Renewal of the Share Purchase Mandate          
Special Resolution 16 2,359,773,304 1,973,964,483 83.65 385,808,821 16.35
Adoption of the New Constitution          

 

# Mr Vincent Chong Sy Feng has been appointed as Alternate Director to Mr Tan Pheng Hock and will, continue to hold office as such.

##Dr Stanley Lai Tze Chang and Mr Lim Ah Doo are considered independent directors for the purpose of Rule 704(8) of the Singapore Exchange Securities Trading Limited Listing Manual. They will continue as Members of the Audit Committee.

@ COL Alan Goh Kim Hua has been appointed as Alternate Director to MG Lim Cheng Yeow Perry and will, continue to hold office as such.


* Rounding Off
** Not meaningful 



B.
Details of parties who are required to abstain from voting on any resolution(s):-

Resolution Number and Details

Name

Total Number of Shares

Resolution 3 - Re-election of Mr Kwa Chong Seng as Director

Kwa Chong Seng

             871,600

Resolution 4 – Re-election of Mr Tan Pheng Hock as Director Tan Pheng Hock 5,185,770
Resolution 6 – Re-election of Dr Stanley Lai Tze Chang as Director Dr Stanley Lai Tze Chang 90,240
Resolution 9 – Re-election of Mr Lim Ah Doo as Director Lim Ah Doo 30,000 
Resolution 10 – Approval of the sum of $1,749,212 as Directors' compensation for the financial year ended 31 December 2015        Kwa Chong Seng 871,600
Koh Beng Seng 223,805
Venkatachalam Krishnakumar 250,109
Davinder Singh s/o Amar Singh 70,237
Dr Stanley Lai Tze Chang 90,240
Quek See Tiat 14,300
Olivia Lum Ooi Lin 5,100
Lim Ah Doo 30,000
Resolution 14 – Renewal of the Shareholders Mandate for Interested Person Transactions            Temasek Holdings (Private) Limited 1,554,764,574
Vestal Investments Pte Ltd 28,501,000
Kwa Chong Seng 871,600
Tan Pheng Hock 5,185,770
Koh Beng Seng 223,805
Venkatachalam Krishnakumar 250,109
Davinder Singh s/o Amar Singh 70,237
Dr Stanley Lai Tze Chang 90,240
Quek See Tiat 14,300
Olivia Lum Ooi Lin 5,100
Lim Ah Doo 30,000
Vincent Chong Sy Feng 730,106


(II) SCRUTINEERS

RHT Corporate Advisory Pte Ltd was appointed as the Company’s scrutineer.


 

By Order of the Board 

CHUA SU LI 
Company Secretary 

Singapore 
21 April 2016

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