AI assistant
Mongolian Mining Corporation — Declaration of Voting Results & Voting Rights Announcements 2012
May 24, 2012
49597_rns_2012-05-24_86e524f9-c2a2-406a-be54-8c65f7be4751.pdf
Declaration of Voting Results & Voting Rights Announcements
Open in viewerOpens in your device viewer
Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.
==> picture [61 x 62] intentionally omitted <==
MONGOLIAN MINING CORPORATION
(Incorporated in the Cayman Islands with Limited Liability)
(Stock Code: 975)
POLL RESULTS OF ANNUAL GENERAL MEETING HELD ON 24 MAY 2012
The Board is pleased to announce that all ordinary resolutions proposed at the AGM were duly passed by way of poll.
Reference is made to the circular (the “Circular”) of Mongolian Mining Corporation (the “Company”) dated 24 April 2012. Terms used herein shall have the same meanings as defined in the Circular unless the context requires otherwise.
The Board is pleased to announce that at the AGM held on 24 May 2012, all proposed resolutions set out in the notice of the AGM dated 24 April 2012 were duly passed by the shareholders of the Company by way of poll. Pursuant to Rule 13.39(4) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the “Listing Rules”), voting by poll was required.
The poll results in respect of the resolutions proposed at the AGM were as follows:
| Resolutions proposed at the AGM | Number of Votes (%) | Number of Votes (%) | Total Votes | |
|---|---|---|---|---|
| For | Against | |||
| 1. | To consider and adopt the audited consolidated financial statements, the Company’s audited financial statements and the reports of the directors and of the auditor for the year ended 31 December 2011. |
2,802,867,473 (100.000000%) |
0 (0.000000%) |
2,802,867,473 |
| The resolution was duly passed as an ordinary resolution. |
1
| Resolutions proposed at the AGM | Number of Votes (%) | Number of Votes (%) | Total Votes | |
|---|---|---|---|---|
| For | Against | |||
| 2. | (a) To re-elect Dr. Oyungerel J a n c h i v a s n o n - e x e c u t i v e Director; |
2,669,922,048 (95.465133%) |
126,828,925 (4.534867%) |
2,796,750,973 |
| The resolution was duly passed as an ordinary resolution. | ||||
| (b) To r e - e l e c t M r. O c h i r b a t Punsalmaa as independent non- executive Director; |
2,751,525,968 (98.382945%) |
45,225,005 (1.617055%) |
2,796,750,973 | |
| The resolution was duly passed as an ordinary resolution. | ||||
| (c) To re-elect Mr. Unenbat Jigjid as independent non-executive Director; |
2,751,525,968 (98.382945%) |
45,225,005 (1.617055%) |
2,796,750,973 | |
| The resolution was duly passed as an ordinary resolution. | ||||
| (d) To re-elect Mr. Chan Tze Ching, Ignatius as independent non- executive Director; |
2,555,849,965 (91.386398%) |
240,901,008 (8.613602%) |
2,796,750,973 | |
| The resolution was duly passed as an ordinary resolution. | ||||
| (e) To authorise the Board to fix the remuneration of Directors for the year ending 31 December 2012. |
2,754,908,268 (99.887691%) |
3,097,500 (0.112309%) |
2,758,005,768 | |
| The resolution was duly passed as an ordinary resolution. | ||||
| 3. | To re-appoint KPMG as auditor and to authorise the Board to fix the auditor’s remuneration. |
2,802,867,473 (100.000000%) |
0 (0.000000%) |
2,802,867,473 |
| The resolution was duly passed as an ordinary resolution. | ||||
| 4. | To grant a general mandate to the Directors to allot, issue and deal with additional shares of the Company not exceeding 20% of the issued share capital of the Company. |
2,402,217,956 (85.705727%) |
400,649,517 (14.294273%) |
2,802,867,473 |
| The resolution was duly passed as an ordinary resolution. |
2
| Resolutions proposed at the AGM | Number of Votes (%) | Number of Votes (%) | Total Votes | |
|---|---|---|---|---|
| For | Against | |||
| 5. | To grant a general mandate to the Directors to repurchase the Company’s own shares not exceeding 10% of the issued share capital of the Company. |
2,800,133,273 (100.000000%) |
0 (0.000000%) |
2,800,133,273 |
| The resolution was duly passed as an ordinary resolution. | ||||
| 6. | To extend the general mandate granted to the Directors to allot, issue and deal with additional shares by the number of shares repurchased by the Company. |
2,458,207,141 (87.789310%) |
341,914,132 (12.210690%) |
2,800,121,273 |
| The resolution was duly passed as an ordinary resolution. |
As at the date of the AGM, the number of issued shares of the Company was 3,705,036,500 shares, which was the total number of shares entitling the holders to attend and vote for or against the resolutions at the AGM. There were no shares entitling the holder to attend and abstain from voting in favour at the AGM as set out in Rule 13.40 of the Listing Rules.
No shareholder of the Company was required under the Listing Rules to abstain from voting on the resolutions at the AGM. None of the shareholders has stated their intention in the Circular dated 24 April 2012 to vote against or to abstain from voting on any of the resolutions at the AGM.
The Company’s Hong Kong branch share registrar, Computershare Hong Kong Investor Services Limited, acted as the scrutineer for the vote-taking at the AGM.
For and on behalf of the Board Mongolian Mining Corporation Odjargal Jambaljamts Chairman
Hong Kong, 24 May 2012
As at the date of this announcement, the Board consists of Mr. Odjargal Jambaljamts and Dr. Battsengel Gotov, being the executive Directors, Dr. Oyungerel Janchiv, Mr. Batsaikhan Purev, Mr. Philip Hubert ter Woort, Mr. Enkh-Amgalan Luvsantseren, Mr. Gantumur Lingov, Ms. Enkhtuvshin Gombo, being the non-executive Directors, and Mr. Ochirbat Punsalmaa, Mr. Unenbat Jigjid and Mr. Chan Tze Ching, Ignatius, being the independent non-executive Directors.
3