Annual Report 2016
37
CORPORATE GOVERNANCE REPORT
SHAREHOLDERS’ RIGHTS, COMMUNICATIONS WITH SHAREHOLDERS AND
CONDUCT OF SHAREHOLDER MEETINGS
– continued
In addition to issuing announcements and disclosures on SGXNET and the SEHK’s website, the
Company also maintains an informative investor relations website, through which its Shareholders and
stakeholders can receive quality, meaningful and timely information on the Company. The Company also
holds annual results briefings made available via webcast on its corporate website.
PROCEDURES FOR SHAREHOLDERS TO PROPOSE A PERSON FOR ELECTION
AS A DIRECTOR
Shareholder may put forward proposals in general meetings to nominate any person to stand for election
as a Director.
A Shareholder who wishes to nominate a person to stand for election as a Director must duly lodge the
following documents at the Head Office or at the Registration Offices of the Company for the attention of
the Company Secretary:
(a)
a notice of the Shareholder’s intention to propose such a resolution in the general meeting, duly
signed by the Shareholder with his/her/its name and address stated clearly in a legible manner, the
validity of which is subject to the verification and confirmation by the Company’s share registrar
according to its records; and
(b)
a notice executed by the nominated candidate of his/her willingness to be appointed together with
(i) such information of that candidate as would be required to be disclosed under Rule 13.51(2) of
the HK Listing Rules, (ii) the candidate’s written consent to the publication of his/her personal data,
and (iii) the contact address and contact telephone number, etc. of the candidate.
In order to ensure other Shareholders to have sufficient time to receive and consider the information
of the nominated candidate(s), Shareholders are urged to submit their proposals in case of nominating
candidate(s) for election as Director, as early as practicable in advance of the relevant general meeting,
but not less than eleven (11) clear days (where clear days in relation to a notice and/or a meeting means
a period of days exclusive of the day on which it is served or deemed to be served and of the day
for which it is given or scheduled to occur) before the date scheduled for holding the relevant general
meeting, so that the Company can complete the verification procedure with the Company’s share
registrars, and procure the publication of an announcement and/or the despatch of a supplemental
circular to the Shareholders (where required) in compliance with the applicable requirements under the
HK Listing Rules and the SGX-ST Listing Manual. In the event that any such proposal is received by the
Company later than the 12th business day (where a business day means a day on which the SEHK and
the SGX-ST are open for dealing/trading of securities) before the date of holding the relevant general
meeting, the Company will need to consider whether to adjourn the relevant general meeting so as to
give Shareholders a notice of at least ten (10) business days of the proposal in accordance with the HK
Listing Rules.
