On 3 June 2019, China Merchants Port Holdings Company Limited (“CMPort” or “the Company”), held an Annual General Meeting (“AGM”) in Hong Kong, the AGM was hosted by Dr. Bai Jingtao，Managing Director of CMPort, Mr. Wang Zhixian, Executive Director of CMPort, and more than 150 representatives of shareholders attended the meeting.
Majority of the votes were casted in favor of the five resolutions as proposed by the Board and hence, all of the resolutions were duly passed. The approved resolutions included the final dividend of 73 HK cents per share for the year of 2018 in scrip form with cash option, the re-election of directors of the Company, namely Mr. Wang Zhixian, Mr. Zheng Shaoping, Mr. Lee Yip Wah Peter, Mr. Bong Shu Ying Francis, and to re-appoint Messrs. Deloitte Touche Tohmatsu as auditor of the Company and to authorize the Board to fix its remuneration etc.
During the AGM, Dr. Bai Jingtao answered queries from representative of shareholders concerning the future prospect of CMPort. He said, “From January to April 2019，CMPort’s total container throughput volume maintained a steady growth compared with the same period last year.The impact of US-China trade frictions and the downturn of global economic and trade environment has led to sluggish growth of global container volume. Nevertheless, the regional global trade volume is expected to increase, which will hence support the import and export volume. CMPort will strengthen synergic cooperation externally and accelerate integration and development internally, make efforts to enhance various capabilities, and hence strive for steady business growth throughout the year.
Source:CMPort
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