ELECTION OF RETIRING DIRECTORS. In accordance with Article 130 of the Articles of Association, one-third of the Directors shall retire from office by rotation at each annual general meeting. Accordingly, Mr.
ELECTION OF RETIRING DIRECTORS. In accordance with Article 130 of the Articles of Association, one-third of the Directors shall retire from office by rotation at each annual general meeting. Accordingly, Mr. Xxxx Xxxxx, Xx. Xxx X, Xxxxxx and Xx. Xxxx Xxxx will retire from office and, being eligible, have offered themselves for re-election at the AGM. The biographical details of each of the retiring Directors, as required to be disclosed pursuant to rule 13.51(2) of the Listing Rules, are set out in Appendix I to this circular.
ELECTION OF RETIRING DIRECTORS. In accordance with Article 130 of the Articles of Association, one-third of the Directors shall retire from office by rotation at each annual general meeting. Accordingly, Xx. Xx Xxxxx, Xx. Xx Xxxxxx and Xx. Xxxx Xxxx will retire from office and, being eligible, have offered themselves for re-election at the AGM. In accordance with Article 114 of the Articles of Association, the Board shall have power from time to time and at any time to appoint any person as a Director either to fill a casual vacancy or as an addition to the Board. Any Director appointed by the Board to fill a casual vacancy shall hold office until the first general meeting of members after his appointment and be subject to re-election at such meeting and any Director appointed by the Board as an addition to the existing Board shall hold office only until the next following annual general meeting of the Company and shall then be eligible for re-election. Accordingly, Xx. Xxxx Xxxx will retire from office and, being eligible has offered himself for re-election at the AGM. The biographical details of each of the retiring Directors, as required to be disclosed pursuant to rule 13.51(2) of the Listing Rules, are set out in Appendix I to this circular.
ELECTION OF RETIRING DIRECTORS. As at the Latest Practicable Date, the Board consisted of eight (8) Directors, namely: Executive Directors Date of appointment Xx. Xxxxx Xxx Xxx 12 November 2015 Xx. Xxxx Xxxx Xxx 8 April 2016 Xx. Xx Xxx Xxx 8 April 2016 Xx. Xxx Xxx Xxxxx 8 April 2016 Independent non-executive Directors Xx. Xxx Xxxx Xxx 23 September 2016 Xx. Xxxx Xxx Lut, Xxxxx 23 September 2016 Xx. Xxx Xxx Xxxx 23 September 2016 Xx. Xxx Xxx Kit 13 March 2017 Pursuant to Article 84(1) of the Articles of Association, at each annual general meeting of the Company, one-third of the Directors for the time being (or, if their number is not a multiple of three, the number nearest to but not less than one-third) shall retire from office by rotation provided that every Director shall be subject to retirement at an annual general meeting at least once every three years. Pursuant to Article 84(2) of the Articles of Association, a retiring Director shall be eligible for re-election and shall continue to act as a Director throughout the meeting at which he retires. The Directors to retire by rotation shall include (so far as necessary to ascertain the number of directors to retire by rotation) any Director who wishes to retire and not to offer himself for re-election. Any further Directors so to retire shall be those of the other Directors subject to retirement by rotation who have been longest in office since their last re-election or appointment and so that as between persons who became or were last re-elected Directors on the same day those to retire shall (unless they otherwise agree among themselves) be determined by lot. Any Director appointed by the Board pursuant to Article 83(3) shall not be taken into account in determining which particular Directors or the number of Directors who are to retire by rotation. Pursuant to Article 83(3) of the Articles of Association, any Director appointed by the Board to fill a casual vacancy shall hold office until the first general meeting of members after his appointment and be subject to re-election at such meeting and any Director appointed by the Board as an addition to the existing Board shall hold office only until the next following annual general meeting of the company and shall then be eligible for re-election. In accordance with the above provisions of the Articles of Association, all the Directors, namely Xx. Xxxxx Xxx Xxx, Xx. Xxxx Xxxx Xxx, Xx. Xx Xxx Xxx, Xx. Xxx Xxx Xxxxx, Xx. Xxx Xxxx Xxx, Xx. Xxxx Xxx Lut, Xxxxx, Xx. Xxx Xxx Xxxx and Xx. Xxx...
ELECTION OF RETIRING DIRECTORS. In accordance with Bye-law 87(1) of the Bye-laws, Xx. Xxx Xxx Xxx, Xx. Xxx Xxxxx and Xx. Xxxxx Xx Lung will retire by rotation at the AGM and, being eligible, have offered themselves for re-election. In accordance with Bye-law 86(2) of the Bye-laws, any Director appointed by the Board after the annual general meeting of the Company held on 12 June 2020 will retire at the AGM. Accordingly, Mr. Xxxxx Xxx will retire from office and, being eligible, has offered himself for re- election at the AGM. Recommendations of the Nomination Committee In accordance with the terms of reference of the nomination committee of the Company (the ‘‘Nomination Committee’’), the Nomination Committee has:
ELECTION OF RETIRING DIRECTORS. In accordance with the Articles, Xx. Xxxx Xxxxxxx, Xx. Xxxx Xxxxxx, Xx. Xxxxx Xxxxx X. and Xx. Xxxx Xxx Xxxxxx will retire at the AGM and all these Directors (except Xx. Xxxxx Xxxxx X.), being eligible, have offered themselves for re-election. Xx. Xxxxx Xxxxx X. has decided not to stand for re-election due to personal commitments and will retire from the Board with effect from the conclusion of the AGM. There is no disagreement between Xx. Xxxxx Xxxxx X. and the Board, and there is no matter which needs to be brought to the attention of the Shareholders relating to his retirement.
