Cathay International Holdings Ld Notice of Special General Meeting (2761P)
30 August 2017 - 6:45PM
UK Regulatory
TIDMCTI
RNS Number : 2761P
Cathay International Holdings Ld
30 August 2017
Cathay International Holdings Limited
("Cathay" or the "Company")
Notice of Special General Meeting ("SGM")
Hong Kong, 30 August 2017 - Cathay International Holdings
Limited (LSE: CTI.L), an operator and investor in the growing
healthcare sector in the People's Republic of China ("PRC"), today
announces that a Special General Meeting ("SGM") will be held at
the Hong Kong Office of the Company at Suites 1203-4, 12/F., Li Po
Chun Chambers, 189 Des Voeux Road Central, Hong Kong on 22
September 2017 at 10:00 a.m. (Hong Kong time) for the purpose of
considering and, if thought fit, passing the following resolutions
which will be proposed as Ordinary Resolutions.
Ordinary Resolutions
1. To re-elect Mr. Sum Soon Lim as Non-Executive Director, who
retires by rotation, in accordance with Bye-Law 84 of the Company's
Bye-Laws.
2. To re-elect Mr. Kenneth K. Toong as Non-Executive Director,
who retires by rotation, in accordance with Bye-Law 84 of the
Company's Bye-Laws.
BY ORDER OF THE BOARD
Yip Pui Ling Rebecca
Company Secretary
The purpose of the SGM is to consider and, if thought fit, pass
the ordinary resolutions required to re-elect Mr. Sum Soon Lim and
Mr. Kenneth K. Toong ("Further Re-Election Resolutions"). The
Further Re-Election Resolutions are required because: (i) at the
Company's Annual General Meeting held on 21 June 2017, Messrs Sum
Soon Lim and Kenneth K. Toong, both independent directors for the
purposes of the UK Corporate Governance Code, retired as directors
by rotation and had sought re-election of such directorships; and
(ii) the resolutions relating to their respective re-elections were
approved by a majority of votes cast by all shareholders but were
not approved by a majority of votes cast by the independent
shareholders. Accordingly, and pursuant to Listing Rule 9.2.2F and
the guidance note at Listing Rule 9.2.2D, an SGM will now be held
on 22 September 2017.
- ENDS -
For further enquiries, please contact:
Cathay International Holdings
Limited Tel: +852 2828 9289
Eric Siu (Finance Director)
Patrick Sung (Director and
Controller)
Consilium Strategic Communications
Mary-Jane Elliott / Matthew Tel: +44 (0) 203
Neal / Lindsey Neville 709 5700
About Cathay
Cathay International Holdings Limited (LSE: CTI.L) is a main
market listed investment holding company and an operator and
investor in the growing healthcare sector in the PRC. The Company
and its subsidiaries (collectively the "Group") aim to leverage on
growth opportunities in the strong and growing domestic demand for
high quality healthcare products in the PRC and build its portfolio
companies into market sector leaders with competitive edge. Cathay
has already demonstrated a strong track record of identifying high-
growth potential investment opportunities in this area including:
Lansen, a leading specialty pharmaceutical company focused on
rheumatology and dermatology in the PRC; Haizi, a company engaged
in the manufacture, marketing and sale of inositol and its
by-product, di-calcium phosphate; Natural Dailyhealth, a company
engaged in production and sales of plant extracts for use as key
active ingredients in healthcare products; and Botai, a company
engaged in collagen products.
The Group employs approximately 2,000 people across the PRC,
including over 30 specialist corporate and business development
staff based at the holding company's offices in Hong Kong and
Shenzhen. Cathay also has a hotel investment. For more information
please visit the Company's website: www.cathay-intl.com.hk.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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