SINGAPORE TECHNOLOGIES ENGINEERING LTD

Incorporated in the Republic of Singapore

(Company Registration No. 199706274H)

ANNOUNCEMENT PURSUANT TO

RULE 704(16) OF THE SGX LISTING MANUAL

ANNOUNCEMENT ON RESOLUTIONS PASSED AT THE

26TH ANNUAL GENERAL MEETING

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

RESULTS OF AGM

At the 26th 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 the AGM dated 22 March 2023 were put to the Meeting and duly passed on poll vote:-

Resolution Number and Details

Total Number

For

Against

of Shares

Represented by

Number of

As a

Number of

As a percentage

Votes For and

Shares

percentage

Shares

of total number

Against the

of total number

of votes for and

Relevant

of votes for and

against the

Resolution

against the

resolution

resolution (%)

(%)

ROUTINE BUSINESS

Ordinary Resolution 1

2,304,432,288

2,301,697,010

99.88

2,735,278

0.12

Adoption of Directors' Statement,

Audited Financial Statements for

the financial year ended 31

December 2022 and Auditors'

Report thereon

Ordinary Resolution 2

2,304,698,684

2,303,207,919

99.94

1,490,765

0.06

Approval of a final ordinary tax

exempt (one-tier) dividend of 4.0

cents per share for the financial

year ended 31 December 2022

Ordinary Resolution 3

2,300,755,859

2,275,975,347

98.92

24,780,512

1.08

Re-election of Mr Vincent Chong Sy

Feng as Director

Ordinary Resolution 4

2,304,277,486

2,169,226,669

94.14

135,050,817

5.86

Re-election of Mr Lim Ah Doo as

Director

Ordinary Resolution 5

2,304,231,550

2,162,785,019

93.86

141,446,531

6.14

Re-election of Mr Lim Sim Seng as

Director

1

Resolution Number and Details

Total Number of

For

Against

Shares

Represented by

Number of

As a

Number of

As a

Votes For and

Shares

percentage

Shares

percentage

Against the

of total

of total number

Relevant

number of

of votes for and

Resolution

votes for and

against the

against the

resolution

resolution (%)

(%)

Ordinary Resolution 6

2,303,687,312

2,299,241,800

99.81

4,445,512

0.19

Approval of the sum of

S$ 2,406,662 as Directors'

remuneration for the financial

year ended 31 December 2022

Ordinary Resolution 7

2,303,658,512

2,299,192,450

99.81

4,466,062

0.19

Approval of the sum of up to

S$ 2,500,000 as Directors'

remuneration for the financial

year ending 31 December 2023

Ordinary Resolution 8

2,304,515,480

2,303,035,555

99.94

1,479,925

0.06

Re-appointment of

PricewaterhouseCoopers LLP as

the Auditor of the Company and

to authorise the Directors to fix its

remuneration

SPECIAL BUSINESS

Ordinary Resolution 9

2,304,504,275

2,150,941,670

93.34

153,562,605

6.66

Authority for Directors to issue

shares and to make or grant

convertible instruments

Ordinary Resolution 10

2,304,419,536

2,240,988,010

97.25

63,431,526

2.75

Authority for Directors to grant

awards and allot shares pursuant

to the Singapore Technologies

Engineering Performance Share

Plan 2020 and the Singapore

Technologies Engineering

Restricted Share Plan 2020

Ordinary Resolution 11

707,427,544

705,768,877

99.77

1,658,667

0.23

Renewal of the Shareholders

Mandate for Interested Person

Transactions

Ordinary Resolution 12

2,303,996,965

2,302,536,022

99.94

1,460,943

0.06

Renewal of the Share Purchase

Mandate

2

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 Vincent Chong Sy

Vincent Chong Sy Feng

3,766,913

Feng as Director

Resolution 4 - Re-election of Mr Lim Ah Doo as

Lim Ah Doo

112,300

Director

Resolution 5 - Re-election of Mr Lim Sim Seng as

Lim Sim Seng

89,600

Director

Resolution 6 - Approval of the sum of S$ 2,406,662

Kwa Chong Seng

1,261,200

as Directors' remuneration for the financial year

Teo Ming Kian

6,200

ended 31 December 2022

Resolution 7 - Approval of the sum of up to

Kevin Kwok Khien

152,600

S$ 2,500,000 as Directors' remuneration for the

Lim Chin Hu

120,200

financial year ending 31 December 2023

Lim Ah Doo

112,300

Lim Sim Seng

89,600

Ng Bee Bee (May)

14,900

Quek See Tiat

107,800

Song Su-Min

43,500

Tan Peng Yam

13,711

Resolution 11 - Renewal of the Shareholders

Temasek Holdings (Private)

1,554,764,574

Mandate for Interested Person Transactions

Limited

Vestal Investments Pte. Ltd.

28,501,000

Kwa Chong Seng

1,261,200

Teo Ming Kian

6,200

Vincent Chong Sy Feng

3,766,913

Kevin Kwok Khien

152,600

Lim Chin Hu

120,200

Lim Ah Doo

112,300

Lim Sim Seng

89,600

Ng Bee Bee (May)

14,900

Quek See Tiat

107,800

Song Su-Min

43,500

Tan Peng Yam

13,711

NAME OF FIRM APPOINTED AS SCRUTINEER

RHT Governance, Risk & Compliance (Singapore) Pte Ltd was appointed as the Company's scrutineer.

COMPOSITION OF THE BOARD AND ITS BOARD COMMITTEES

Details pertaining to the updated composition of the Board and its Board Committees upon the conclusion of the AGM are set out in a separate announcement dated 20 April 2023.

Issued by Singapore Technologies Engineering Ltd on 20 April 2023.

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ST - Singapore Technologies Engineering Ltd. published this content on 21 April 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 April 2023 00:29:04 UTC.