Xiwang Property : Announcements and Notices - Voting Results of the Resolutions Proposed at the AGM

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XIWANG PROPERTY HOLDINGS COMPANY LIMITED

西王置業控股有限公司*

(Incorporated in Bermuda with limited liability)

(Stock Code: 2088)

VOTING RESULTS OF

THE RESOLUTIONS PROPOSED AT THE AGM

The Board is pleased to announce that all resolutions proposed at the AGM were duly passed by way of poll by the Shareholders at the AGM.

VOTING RESULTS OF THE ANNUAL GENERAL MEETING

Reference is made to the circular of Xiwang Property Holdings Company Limited (the "Company") dated 30 April 2019 (the "AGM Circular") which contains the notice (the "Notice of AGM") to convene the annual general meeting of the Company held on 6 June 2019 at 4:00 p.m. (the "AGM"). Terms used herein shall have the same meanings as defined in the AGM Circular unless the context requires otherwise.

As at the date of the AGM, there were a total of 1,408,775,198 Shares in issue. None of the Shareholders was required under the Listing Rules to abstain from voting on the resolutions proposed at the AGM.

The total number of Shares entitling the Shareholders to attend and vote for or against the resolutions at the AGM was 1,408,775,198, representing 100% of the total issued share capital in respect of the ordinary shares of the Company as at the date of the AGM. There was no Share entitling the Shareholders to attend and abstain from voting in favour of any of the resolutions proposed at the AGM as set out in Rule 13.40 of the Listing Rules. No party had stated its intention in the AGM Circular that it would vote against any resolution or that it would abstain from voting at the AGM.

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Pursuant to Rule 13.39(5) of the Listing Rules, the board (the "Board") of directors of the Company is pleased to announce that all the ordinary resolutions proposed at the AGM were duly passed by the Shareholders by way of poll at the AGM and their respective voting results are set out below:

			Number of votes
		Ordinary resolutions	(approximate%) (Note)
			For	Against
1.	To receive and consider the audited financial	983,211,342	181,576
	statements and the reports of the directors of the	(99.9815%)	(0.0185%)
	Company (the "Directors") and the Company's
	auditors for the year ended 31 December 2018
2.	a.	To re-elect Mr. WANG Wei Min as an	983,211,342	0
		executive Director	(100.0000%)	(0.0000%)
	b.	T o r e - e l e c t M r . W A N G Z h e n a s a n	983,211,341	1
		independent non-executive Director	(99.9999%)	(0.0001%)
	c.	To authorise the board of Directors to fix	983,211,342	0
		the Directors' remuneration	(100.0000%)	(0.0000%)
3.	To re-appoint HLB Hodgson Impey Cheng	983,213,430	0
	Limited as the Company's auditors and authorise	(100.0000%)	(0.0000%)
	the board of Directors to fix their remuneration
4.	To grant a general mandate to the Directors to	983,211,341	181,577
	issue additional ordinary shares not exceeding	(99.9815%)	(0.0185%)
	20% of the number of ordinary shares of the
	Company in issue
5.	To grant a general mandate to the Directors to	983,395,006	0
	repurchase ordinary shares up to 10% of the	(100.0000%)	(0.0000%)
	number of ordinary shares of the Company in
	issue
6.	To extend the general mandate to issue ordinary	983,211,341	181,577
	shares	(99.9815%)	(0.0185%)

Notes: a. The number of votes and percentage are set out based on the total number of Shares held by the Shareholders who attended and voted at the AGM in person or by corporate representative or proxy.

1. Please refer to the Notice of AGM for the full text of the resolutions.

As more than 50% of the votes were cast in favour of each of the resolutions, all the resolutions proposed at the AGM were duly passed as ordinary resolutions of the Company.

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The Company's Hong Kong branch share registrar, Tricor Investor Services Limited, was appointed as the scrutineer for the vote-taking at the AGM.

By order of the Board of

Xiwang Property Holdings Company Limited

WONG Kai Hing

Company Secretary

Hong Kong, 6 June 2019

As at the date hereof, the Board comprises the following Directors:

Executive Directors:	Independent non-executive Directors:
Mr. WANG Jin Tao	Mr. WONG Kai Ming
Mr. WANG Wei Min	Mr. WANG An
	Mr. WANG Zhen
Non-executive Directors:
Mr. WANG Di
Mr. WANG Yong
Mr. SUN Xinhu

• For identification purpose only

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