Exhibit 99.4
THIS CIRCULAR IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION |
Ifyouareinanydoubtastoanyaspectofthiscircularorastotheactiontobetaken,youshouldconsultastockbrokerorother registereddealerinsecurities,abank manager,solicitor,professionalaccountantorotherprofessionaladviser.
IfyouhavesoldortransferredallyoursharesinFeishangAnthraciteResourcesLimited,youshouldatoncehandthiscircular,togetherwith theenclosedform ofproxy,tothepurchaserortransfereeortothebank,stockbrokerorotheragentthroughwhomthesaleortransferwaseffectedfortransmissiontothepurchaserortransferee.
HongKongExchangesandClearingLimitedandTheStockExchangeofHongKongLimitedtakenoresponsibilityforthecontentsof thiscircular,makenorepresentationas to itsaccuracyor completenessandexpresslydisclaimanyliabilitywhatsoeverforanylosshowsoeverarisingfromorinrelianceuponthewholeoranypartofthecontentsofthiscircular.
FeishangAnthraciteResourcesLimited
飛尚無煙煤資源有限公司
(IncorporatedintheBritishVirginIslandswithlimitedliability)
(Stockcode:1738)
PROPOSALSFOR
(1)RE-ELECTIONOFRETIRINGDIRECTORS
AND
(2)GENERALMANDATESTO
REPURCHASESHARESANDISSUESHARES
AND
NOTICEOFANNUALGENERALMEETING
AletterfromtheBoardissetoutonpages3to5ofthiscircular.Anoticeconveningtheannualgeneralmeeting(“AnnualGeneralMeeting”)oftheshareholdersofFeishangAnthraciteResourcesLimitedtobeheldatMonacoRoom,Basement1,RegalHongKongHotel,88 Yee Woo Street,CausewayBay,HongKongonFriday,30May 2014at3:00pmissetoutonpages20to23ofthiscircular. AformofproxyforuseattheAnnualGeneralMeetingisalsoenclosedwiththiscircular.SuchformofproxyisalsopublishedonthedesignatedwebsiteofTheStockExchangeofHongKongLimited(http://www.hkexnews.hk)andthewebsiteoftheCompany(http://www.fsanthracite.com).
WhetherornotyouareabletoattendtheAnnualGeneralMeeting,pleasecompleteandsigntheenclosedformofproxyinaccordancewiththeinstructionsprintedthereonandreturnittotheCompany’sbranchshareregistrarinHongKong, TricorInvestorServicesLimited,atLevel22, HopewellCentre,183 Queen’sRoadEast,HongKongassoonaspossiblebutinanyeventnotlessthan48hoursbeforethetimeappointedfortheholdingoftheAnnualGeneralMeetingoranyadjournmentthereof.Completionandreturn oftheform ofproxy willnotprecludeshareholdersfromattendingandvotinginpersonattheAnnualGeneralMeetingiftheysowish.
25April2014
CONTENTS |
– i – |
DEFINITIONS |
Inthiscircular,unlessthecontextotherwiserequires,thefollowingexpressionsshallhavethefollowingmeanings:
“Annual General Meeting” | an annual general meeting of the Company to be held at Monaco Room, Basement 1, Regal Hong Kong Hotel, 88 Yee Woo Street, Causeway Bay, Hong Kong on Friday, 30 May 2014 at 3:00 pm, to consider and, if appropriate, to approve the resolutions contained in the notice of the meeting which is set out on pages 20 to 23 of this circular, or any adjournment thereof |
“Articles of Association” | the articles of association of the Company currently in force |
“Board” | the board of Directors |
“CHNR” | China Natural Resources, Inc., a company incorporated in the British Virgin Islands on 14 December 1993, the shares of which are listed on the Capital Market of NASDAQ in the United States |
“Company” | Feishang Anthracite Resources Limited, a company incorporated in the British Virgin Islands with limited liability, the Shares of which are listed on the Main Board of the Stock Exchange |
“Director(s)” | the director(s) of the Company |
“Group” | the Company and its subsidiaries from time to time |
“HK$” | Hong Kong dollars, the lawful currency of Hong Kong |
“Hong Kong” | the Hong Kong Special Administrative Region of the People’s Republic of China |
“Issuance Mandate” | as defined in paragraph 4 of the Letter from the Board as set out on page 4 of this circular |
“Latest Practicable Date” | 17 April 2014, being the latest practicable date prior to the printing of this circular for ascertaining certain information in this circular |
“Listing Rules” | the Rules Governing the Listing of Securities on the Stock Exchange |
– 1 – |
DEFINITIONS |
“SFO” | the Securities and Futures Ordinance, Chapter 571 of the Laws of Hong Kong |
“Shares(s)” | ordinary share(s) of HK$0.01 each in the issued capital of the Company or if there has been a subsequent sub-division, consolidation, reclassification or reconstruction of the share capital of the Company, shares forming part of the ordinary equity share capital of the Company |
“Share Repurchase Mandate” | as defined in paragraph 3 of the Letter from the Board as set out on page 4 of this circular |
“Shareholder(s)” | holder(s) of Share(s) of the Company |
“Stock Exchange” | The Stock Exchange of Hong Kong Limited |
“Takeovers Code” | The Code on Takeovers and Mergers published by the Securities and Futures Commission as amended from time to time |
“%” | per cent |
– 2 – |
LETTER FROM THE BOARD |
FeishangAnthraciteResourcesLimited
飛尚無煙煤資源有限公司
(IncorporatedintheBritishVirginIslandswithlimitedliability)
(Stockcode:1738)
Executive Directors: | Registered Office: |
Mr. LI Feilie (Chairman and | Maples Corporate Services (BVI) Limited |
Chief Executive Officer) | Kingston Chambers, P.O. Box 173 |
Mr. HAN Weibing (Chief Operating Officer) | Road Town, Tortola |
Mr. WAN Huojin (Chief Technical Officer) Mr. TAM Cheuk Ho | British Virgin Islands |
Mr. WONG Wah On Edward | Principal Place of Business in |
Hong Kong: | |
Independent Non-executive Directors: | Room 2205, Shun Tak Centre |
Mr. LO Kin Cheung | 200 Connaught Road Central |
Mr. HUANG Zuye | Sheung Wan |
Mr. GU Jianshe | Hong Kong |
25 April 2014 |
TotheShareholders
DearSir/Madam,
PROPOSALSFOR
(1)RE-ELECTIONOFRETIRINGDIRECTORS
AND
(2)GENERALMANDATESTO
REPURCHASESHARESANDISSUENEWSHARES
AND
NOTICEOFANNUALGENERALMEETING
1. | INTRODUCTION |
ThepurposeofthiscircularistoprovidetheShareholderswithinformationinrespectofcertainresolutionstobeproposedattheAnnualGeneralMeetingtobeheldon30May2014.
2. | PROPOSEDRE-ELECTIONOFRETIRINGDIRECTORS |
InaccordancewithArticle14.19oftheArticlesofAssociation,Mr.LiFeilieshallretirefromofficeattheAnnualGeneralMeeting.Inaddition,Mr.TamCheukHo and Mr.Wong WahOnEdwardwhowereappointedbytheBoardon 1February2013shallholdofficeuntilthe
– 3 – |
LETTER FROM THE BOARD |
AnnualGeneralMeetingpursuant toArticle14.2oftheArticlesofAssociation.Mr.HanWeibing,Mr.WanHuojin,Mr.LoKinCheung,Mr.HuangZuyeandMr.GuJianshewhowereappointedbytheShareholderon23December2013shallholdofficeuntiltheAnnualGeneralMeetingpursuanttoArticle14.3oftheArticlesofAssociation.AlloftheaboveretiringDirectors,beingeligible,willofferthemselvesforre-electionasDirectorsattheAnnualGeneralMeeting.
ToenableShareholdertomake aninformeddecisiononthere-electionoftheretiringDirectors,thebiographicaldetailsoftheretiringDirectorswhostand forre-electionattheAnnualGeneral Meeting aresetoutinAppendixItothiscircularforShareholders’consideration.
3. | PROPOSEDGRANTINGOFGENERALMANDATETOREPURCHASESHARES |
InordertogivetheCompanytheflexibilitytorepurchaseSharesif andwhenappropriate,anordinaryresolutionwillbeproposedattheAnnual GeneralMeetingtoapprovethegrantingofageneralandunconditionalmandatetotheDirectorstorepurchaseShares ontheStockExchangeofnotexceeding10%oftheaggregatenominalamountoftheissuedsharecapitaloftheCompanyasatthedateofpassingofproposedordinaryresolutioncontainedinitem 4ofthenoticeoftheAnnualGeneralMeetingassetoutonpages20to23ofthiscircular(i.e.anaggregatenominalamountofSharesuptoHK$124,554.58(equivalentto12,455,458Shares)(the“ShareRepurchaseMandate”)assumingthattheissuedsharecapitaloftheCompanyremainsunchangedafter theLatestPracticableDate anduptothedate oftheAnnualGeneral Meeting).TheDirectorswishtostatethattheyhavenoimmediateplantorepurchaseanySharespursuanttotheShareRepurchaseMandate.
AnexplanatorystatementcontainingtheinformationrelatingtotheShareRepurchaseMandateandasrequiredbytheListingRules toprovidetheShareholderswithrequisiteinformationreasonablynecessaryforthemtomakeaninformeddecisiononwhethertovotefororagainstthegrantingoftheShareRepurchaseMandate issetoutinAppendixIItothiscircular.
4. | PROPOSEDGRANTINGOFGENERALMANDATETOISSUESHARES |
Inorder togive theCompanytheflexibilitytoissue Sharesifandwhen appropriate,anordinary resolutionwillbeproposedattheAnnualGeneral Meeting toapprove thegranting of ageneralandunconditionalmandatetotheDirectorstoallot,issueordealwithadditionalSharesofnotexceeding20%oftheaggregatenominalamountoftheissuedsharecapitaloftheCompanyasatthedateofpassingofproposedordinaryresolutioncontainedinitem 5ofthenoticeoftheAnnualGeneralMeetingassetoutonpages20to23ofthiscircular(i.e.anaggregatenominalamountofSharesuptoHK$249,109.16(equivalentto24,910,916Shares)(the “IssuanceMandate”)assumingthat the issuedsharecapitalofthe Companyremainsunchangedafterthe LatestPracticableDateand uptothe dateoftheAnnualGeneralMeeting).AnordinaryresolutiontoextendtheIssuanceMandatebyaddingtheaggregatenominalamountofSharesrepurchasedbythe Companypursuanttothe ShareRepurchaseMandatewillalsobeproposedattheAnnualGeneralMeeting.
The Directorswishtostatethat theyhavenoimmediateplantoissueany newSharespursuanttotheIssuanceMandate.
– 4 – |
LETTER FROM THE BOARD |
5. | ANNUALGENERALMEETINGANDPROXYARRANGEMENT |
Date: | 30 May 2014 |
Time: | 3:00 pm |
Venue: | Monaco Room, Basement 1, Regal Hong Kong Hotel, 88 Yee Woo Street, Causeway Bay, Hong Kong |
ThenoticeoftheAnnualGeneralMeetingissetoutonpages20to23ofthiscircular.AttheAnnualGeneralMeeting,ordinaryresolutionswillbeproposedtoapprovethere-electionoftheretiringDirectors,thegrantingoftheSharePurchaseMandateandtheIssuanceMandateandtheextensionof theIssuanceMandateby addingtheretoof anySharesrepurchasedundertheShareRepurchaseMandate.
PursuanttotheListingRulesandtheArticlesofAssociation, anyvoteofshareholdersat ageneralmeetingmustbetakenbypollexceptwherethechairmandecidestoallow aresolutionrelating toaproceduraloradministrativemattertobevotedonbyashowofhandspursuanttotheListingRules.AnannouncementonthepollvoteresultswillbepublishedbytheCompanyaftertheAnnualGeneralMeetinginthemannerprescribedundertheListingRules.
AformofproxyforuseattheAnnualGeneralMeetingisenclosed withthiscircularandsuchformofproxyisalso publishedonthe designatedwebsiteofthe StockExchange(http://www.hkexnews.hk)andthewebsiteoftheCompany(http://www.fsanthracite.com). Tobevalid,theformofproxymustbecompletedand signedinaccordancewith theinstructionsprintedthereonand deposited,togetherwiththe powerofattorneyorotherauthority(ifany)underwhichit is signedoracertifiedcopyof thatpowerof attorneyor authorityat theCompany’sbranchshareregistrarinHongKong, TricorInvestorServicesLimited,atLevel22,HopewellCentre,183Queen’sRoadEast,HongKongas soonas possiblebutinanyeventnotlessthan48hoursbeforethetimeappointedforholdingtheAnnualGeneralMeetingoranyadjournmentthereof.Completionandreturn oftheformofproxy willnotprecludeyoufromattendingandvotingattheAnnualGeneralMeetingifyousowish.
6. | RECOMMENDATION |
The Directorsconsiderthat the proposedre-electionofretiringDirectorsand the grantingoftheShareRepurchaseMandateandIssuanceMandateandtheextensionoftheIssuanceMandatebytheadditiontheretoofanySharesrepurchasedundertheShareRepurchaseMandateareinthebestinterestsoftheCompanyandtheShareholdersasawhole.Accordingly,theDirectorsrecommendtheShareholderstovoteinfavouroftherelevantresolutionstobeproposedattheAnnualGeneralMeeting.
Yours faithfully, | |
For and on behalf of the Board | |
Feishang Anthracite Resources Limited | |
LI Feilie | |
Chairman |
– 5 – |
APPENDIX I | DETAILS OF THE RETIRING DIRECTORS PROPOSED TO BE RE-ELECTED AT THE ANNUAL GENERAL MEETING |
ThefollowingaredetailsoftheDirectorswhowillretireandbeingeligible,offerthemselvesforre-electionasDirectorsattheAnnualGeneralMeeting.
(1) | Mr.LIFeilie,aged47,Chairman,ExecutiveDirectorandChiefExecutiveOfficer |
PositionandExperience
Mr.LI Feilieisthechairmanof theBoard,executiveDirectorandchiefexecutiveofficer oftheCompany.HeisalsoamemberoftheremunerationcommitteeandnominationcommitteeoftheCompany.Mr. Liisprimarilyresponsiblefortheoverallcorporatestrategy,planningandbusinessdevelopmentoftheGroupandalsoplays anintegralroleinsupervisingtheCompany’soperationalmanagement.Hehasmore than 20yearsofexperienceincorporatemanagementandacquisitions.Mr.Lialsohasservedas adirectorandthechairmanofCHNRsinceFebruary2006.Hehasalsobeen adirectorofHongKongSmartactLimited,asubsidiaryoftheCompany,sinceApril2010.Inaddition,Mr. Lihas beenadirectorand the chairmanofFeishangEnterpriseGroupCo.,Ltd.(includingcertainofitsgroupcompanies),theflagshipholdingcompanyofnonferrousmetalproduction,ironproduction,transportationandlogisticsaswellasforestrybusinesssinceJune2000.HegraduatedfromPekingUniversity(京 )with abachelor’sdegreeand amaster’sdegreeineconomicsinJuly1988andJanuary1991,respectively.Saveasdisclosedabove,Mr.Lihasnotheldanydirectorshipinother listedpubliccompaniesinthepastthreeyears.
Lengthofservice
ThelengthofserviceofMr.LiwiththeCompanyisapproximately4.5years.Mr.Lihasenteredintoaserviceagreement withtheCompanyforatermofthreeyearsto22December2016.Mr.Liissubjecttoretirementbyrotationandre-electionatannualgeneralmeetingsoftheCompanypursuanttotheArticlesofAssociation.
Relationships
Mr.LiisthesoleshareholderofLaitanInvestmentsLimited,whichisoneofthecontrollingshareholders(asdefinedintheListingRules)oftheCompany.
InterestsinShares
AsattheLatestPracticableDate,Mr.Liwasinterestedanddeemed tobeinterestedin73,902,965SharespursuanttoPartXVoftheSFO.
Director’semoluments
Mr.LiisentitledtoanannualDirector’sfeeofHK$1.00togetherwith adiscretionarybonus,whichisdeterminedbytheBoardwithreferencetohisdutiesandresponsibilitiesandsubjecttoreviewfromtimetotime.
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APPENDIX I | DETAILS OF THE RETIRING DIRECTORS PROPOSED TO BE RE-ELECTED AT THE ANNUAL GENERAL MEETING |
InformationthatneedstobedisclosedandmattersthatneedtobebroughttotheattentionoftheShareholders
ThereisnoinformationwhichisdiscloseablenorisMr.LiinvolvedinanyofthemattersrequiredtobedisclosedpursuanttoanyoftherequirementsunderRules13.51(2)(h) to13.51(2)(v) oftheListingRulesandtherearenoothermattersconcerningMr.LithatneedtobebroughttotheattentionoftheShareholders.
(2) | Mr.HANWeibing,aged42,ExecutiveDirectorandChiefOperatingOfficer |
PositionandExperience
Mr.HANWeibinghasbeentheexecutiveDirectorandchiefoperatingofficerof theCompanysinceDecember2013.Heisalso amemberofthecorporatesocialresponsibilitycommitteeandremunerationcommitteeoftheCompany.Mr.Hanisprimarilyresponsibleforoverseeingtheday-to-daymanagementandoperationsoftheGroup.Mr.Hanhasservedas thevicepresidentof thecoaldivisionof CHNR,adirectorandthechairmanoftheboardofdirectorsofGuizhouPuxinEnergyCo.,Ltd.andGuizhouYongfuMiningCo.,Limited,subsidiariesoftheCompany,sinceJanuary2012,takingchargeofthedevelopmentandmanagementoftheircoalminingrelatedbusiness.He has alsoservedasadirectorofJinshaJuli EnergyResourcesCo. Ltd.,asubsidiaryoftheCompany,sinceNovember2012.HewasthegeneralmanagerandthevicepresidentofthehumanresourcesdepartmentofFeishangEnterpriseGroupCo.,Ltd.fromMarch2009to March2012,andhe alsoservedas theassistantpresidentof FeishangEnterpriseGroupCo.,Ltd.fromFebruary2010toFebruary2011.FromAugust1995toMarch2007,Mr. Han servedasthedeputymanagerofthehumanresourcesdepartmentofamultinationallogisticsequipmentmanufacturingcompanylistedontheShenzhenStockExchange.HegraduatedfromSunYat-SenUniversity(中山大學)withanexecutivemasterofbusinessadministrationdegreeinJune2007andfrom WrightStateUniversityintheUnitedStateswith amasterofbusinessadministrationdegreeinNovember2008.Mr.Handidnothold anydirectorshipinother listedpubliccompaniesinthepastthreeyears.
Lengthofservice
Mr.HanwasappointedasanexecutiveDirectoroftheCompanyon23December2013.Mr. Hanhas enteredintoaserviceagreementwiththe Companyforatermofthreeyearsto22December2016.Mr.Hanissubjecttoretirementbyrotationandre-electionatannualgeneralmeetingsoftheCompanypursuanttotheArticlesofAssociation.
Relationships
Mr.Han does nothave anyrelationshipwithanyDirectors,seniormanagement,substantialshareholders(asdefinedintheListingRules),orcontrollingshareholders(asdefinedintheListingRules)oftheCompany.
– 7 – |
APPENDIX I | DETAILS OF THE RETIRING DIRECTORS PROPOSED TO BE RE-ELECTED AT THE ANNUAL GENERAL MEETING |
InterestsinShares
AsattheLatestPracticableDate,Mr.HandoesnotholdanyinterestintheSharesorunderlyingSharespursuanttoPartXVoftheSFO.
Director’semoluments
Mr.HanisentitledtoanannualDirector’sfee ofHK$1.00andanannualsalaryofCNY300,000.00togetherwithadiscretionarybonus,whichisdeterminedbytheBoardwithreferencetohisdutiesandresponsibilitiesandsubjecttoreviewfromtimetotime.
InformationthatneedstobedisclosedandmattersthatneedtobebroughttotheattentionoftheShareholders
ThereisnoinformationwhichisdiscloseablenorisMr.HaninvolvedinanyofthemattersrequiredtobedisclosedpursuanttoanyoftherequirementsunderRules13.51(2)(h) to13.51(2)(v) oftheListingRulesandtherearenoothermattersconcerningMr.HanthatneedtobebroughttotheattentionoftheShareholders.
(3) | Mr.WANHuojin,aged68,ExecutiveDirectorandChiefTechnicalOfficer |
PositionandExperience
Mr. WAN Huojin was appointed as the executive Director and chief technical officer of the Company in December 2013. He is also a member of the corporate social responsibility committee of the Company. Mr. Wan is primarily responsible for overseeing the coal mine construction and coal production of the Group. He has served as a director of Jinsha Juli Energy Resources Co. Ltd., a subsidiary of the Company, since November 2012. Mr. Wan has over 45 years of experience in the mining industry, particularly on coal production. He was the deputy general manager of a subsidiary of the Group from March 2010 to June 2010, and has been its general manager since June 2010. His responsibilities include determining and overseeing the overall business strategies and plans, including the plans for coal mine operation and development. During the period between August 1968 and December 2007, Mr. Wan served different positions in Fengcheng Mining Bureau of Jiangxi Province (江西省豐城礦務局) and was finally promoted to its head in January 2001. Mr. Wan graduated from Jiangxi Polytechnic College (江西工業工程職業技術學院) with a secondary vocational school’s diploma in coal mining in August 1968. He was accredited as a senior engineer by the Jiangxi Branch of China Universal Allocation Coal Mining Company (中國統配煤礦總公司江西公司) in September 1992. He has received a number of awards in recognition of his contribution to the coal mining industry over the years. Mr. Wan did not hold any directorship in other listed public companies in the past three years.
– 8 – |
APPENDIX I | DETAILS OF THE RETIRING DIRECTORS PROPOSED TO BE RE-ELECTED AT THE ANNUAL GENERAL MEETING |
Lengthofservice
Mr.WanwasappointedasanexecutiveDirectoroftheCompanyon23December2013.Mr.Wanhasenteredintoaserviceagreementwiththe Companyforatermofthreeyearsto22December2016.Mr.Wanissubjecttoretirementbyrotationandre-electionatannualgeneralmeetingsoftheCompanypursuanttotheArticlesofAssociation.
Relationships
Mr.Wan does nothave anyrelationshipwith anyDirectors,seniormanagement,substantialshareholders(asdefinedintheListingRules),orcontrollingshareholders(asdefinedintheListingRules)oftheCompany.
InterestsinShares
AsattheLatestPracticableDate,Mr.WandoesnotholdanyinterestintheSharesorunderlyingSharespursuanttoPartXVoftheSFO.
Director’semoluments
Mr.WanisentitledtoanannualDirector’sfee ofHK$1.00andanannualsalaryofCNY291,000.00togetherwithadiscretionarybonus,whichisdeterminedbytheBoardwithreferencetohisdutiesandresponsibilitiesandsubjecttoreviewfromtimetotime.
InformationthatneedstobedisclosedandmattersthatneedtobebroughttotheattentionoftheShareholders
ThereisnoinformationwhichisdiscloseablenorisMr.Wan involvedinanyofthemattersrequiredtobedisclosedpursuanttoanyoftherequirementsunderRules13.51(2)(h) to13.51(2)(v) oftheListingRulesandtherearenoothermattersconcerningMr.WanthatneedtobebroughttotheattentionoftheShareholders.
(4) | Mr.TAMCheukHo,aged51,ExecutiveDirector |
PositionandExperience
Mr.TAMCheukHo wasappointedasthe executiveDirectorofthe CompanyinFebruary2013.HeisalsoamemberofthenominationcommitteeoftheCompany.Mr. TamhadbeenwiththeCHNRgroupformorethan20yearsandresignedfrompositionofexecutivevice presidentand executivedirectorofCHNRuponthecompletionofthespin-off.DuringtheperiodfromMay2002toApril2003,Mr.TamwasanexecutivedirectorandthedeputychairmanofaHongKonglistedcompanyengagedin propertydevelopmentandsecuritiesinvestmentoperations.Hehasbeen apartnerof acertifiedpublicaccountantfirminHongKongsinceJuly1995,andwasthefinancedirectorof a
– 9 – |
APPENDIX I | DETAILS OF THE RETIRING DIRECTORS PROPOSED TO BE RE-ELECTED AT THE ANNUAL GENERAL MEETING |
privateinvestmentcompanyfromOctober1992toDecember1994.Hewas thecompanysecretaryof aHongKonglistedcompanyoperatingChineserestaurantschainandengaginginpropertyinvestmentsfrom February1993 toDecember2012,andwasitsfinancialcontrollerfromFebruarytoSeptember1992.FromJuly1984toDecember1991,Mr.Tamworkedataninternationalcertifiedpublicaccountantfirmandhislastpositionatsuchfirmwas asanauditmanager.Mr.Tamgraduatedfromthe ChineseUniversityofHongKongwith abachelor’sdegreeinbusinessadministrationin1984.Hewasaccreditedasacertifiedpublicaccountant(practicing)bytheHongKongInstituteofCertifiedPublicAccountantsinJuly1992,andwasadmittedas afellowinNovember1999.HewasalsoadmittedasafellowoftheAssociationofChartered CertifiedAccountantsinOctober1992. Save asdisclosedabove,Mr.Tamhasnotheldanydirectorshipinotherlistedpubliccompaniesinthepastthreeyears.
Lengthofservice
Thelengthofservice ofMr.TamwiththeCompanyisapproximately1.2years.Mr.TamhasenteredintoaserviceagreementwiththeCompanyfor atermofthreeyearsto22December2016.Mr.Tamissubjecttoretirementbyrotationand re-electionatannualgeneralmeetingsoftheCompanypursuanttotheArticlesofAssociation.
Relationships
Mr.Tam does nothave anyrelationshipwith anyDirectors,seniormanagement,substantialshareholders(asdefinedintheListingRules),orcontrollingshareholders(asdefinedintheListingRules)oftheCompany.
InterestsinShares
AsattheLatestPracticableDate,Mr.Tamwas interestedin1,409,630SharespursuanttoPartXVoftheSFO.
Director’semoluments
Mr.TamisentitledtoanannualDirector’sfee ofHK$1.00togetherwithadiscretionarybonus,whichisdeterminedbytheBoardwithreferencetohisdutiesandresponsibilitiesandsubjecttoreviewfromtimetotime.
InformationthatneedstobedisclosedandmattersthatneedtobebroughttotheattentionoftheShareholders
ThereisnoinformationwhichisdiscloseablenorisMr.Tam involvedinanyofthemattersrequiredtobedisclosedpursuanttoanyoftherequirementsunderRules13.51(2)(h) to13.51(2)(v) oftheListingRulesandtherearenoothermattersconcerningMr.TamthatneedtobebroughttotheattentionoftheShareholders.
– 10 – |
APPENDIX I | DETAILS OF THE RETIRING DIRECTORS PROPOSED TO BE RE-ELECTED AT THE ANNUAL GENERAL MEETING |
(5) | Mr.WONGWahOnEdward,aged50,ExecutiveDirector |
PositionandExperience
Mr.WONGWahOnEdwardwasappointedastheexecutiveDirectoroftheCompanyinFebruary2013.Mr.Wonghasbeenwiththe CHNRgroupfor morethan20yearsandresignedfromthepositionsof chieffinancialofficer,executivedirectorandcompanysecretaryuponthecompletionofthespin-offinJanuary2014.Hehasservedas adirectorofHongKongSmartactLimited, asubsidiaryoftheCompany,sinceJanuary2010.FromDecember2000toDecember2006,Mr.Wongwasanindependentnon-executivedirectorofaHongKonglistedcompanyengagedinthetrading ofconstructionmaterials.Hehasalsoservedas apartnerof acertifiedpublicaccountantfirminHongKongsinceJuly1995.FromOctober1992toDecember1994,Mr.Wongwas thedeputyfinancedirectorofaprivateinvestmentcompany.FromJuly 1988toOctober1992,Mr.Wongworkedattheauditdepartmentofaninternationalcertifiedpublicaccountantfirm, providingprofessionalauditingservicestoclientsinavarietyofbusinesssectors,andheleftthefirmas aseniorauditor.Mr.WonggraduatedfromtheHongKongPolytechnicUniversitywithaprofessionaldiplomain companysecretaryshipandadministrationin1988.Hewasaccreditedas acertifiedpublicaccountant(practicing)bytheHongKongInstituteofCertifiedPublicAccountantsinSeptember1993,and was admittedasafellowinNovember1999.He was alsoafellowoftheAssociationofCharteredCertifiedAccountantsandanassociateoftheHongKongInstituteofCharteredSecretaries.Saveasdisclosedabove,Mr.Wonghasnotheldanydirectorshipinotherlistedpubliccompaniesinthepastthreeyears.
Lengthofservice
ThelengthofserviceofMr.WongwiththeCompanyisapproximately1.2years.Mr.WonghasenteredintoaserviceagreementwiththeCompanyfor atermofthreeyearsto22December2016.Mr.Wongissubjecttoretirementbyrotationandre-electionatannualgeneralmeetingsoftheCompanypursuanttotheArticlesofAssociation.
Relationships
Mr.WongdoesnothaveanyrelationshipwithanyDirectors,seniormanagement,substantialshareholders(asdefinedintheListingRules),orcontrollingshareholders(asdefinedintheListingRules)oftheCompany.
InterestsinShares
AsattheLatestPracticableDate,Mr.Wongwas interestedin2,000,000SharespursuanttoPartXVoftheSFO.
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APPENDIX I | DETAILS OF THE RETIRING DIRECTORS PROPOSED TO BE RE-ELECTED AT THE ANNUAL GENERAL MEETING |
Director’semoluments
Mr.WongisentitledtoanannualDirector’sfee ofHK$1.00togetherwithadiscretionarybonus,whichisdeterminedbytheBoardwithreferencetohisdutiesandresponsibilitiesandsubjecttoreviewfromtimetotime.
InformationthatneedstobedisclosedandmattersthatneedtobebroughttotheattentionoftheShareholders
ThereisnoinformationwhichisdiscloseablenorisMr.WonginvolvedinanyofthemattersrequiredtobedisclosedpursuanttoanyoftherequirementsunderRules13.51(2)(h) to13.51(2)(v) oftheListingRulesandtherearenoothermattersconcerningMr.WongthatneedtobebroughttotheattentionoftheShareholders.
(6) | Mr.LOKinCheung,aged49,IndependentNon-executiveDirector |
PositionandExperience
Mr.LOKinCheungwasappointedastheindependentnon-executiveDirectorinDecember2013.He isalsothe chairmanofauditcommitteeandamemberoftheremunerationcommitteeandnominationcommitteeoftheCompany.Heactedasanindependentnon-executivedirectorofCHNR fromDecember2004toJune2006andanindependentnon-executivedirectorofChinaResourcesDevelopment,Inc.,amemberofthepredecessorgroupofCHNR,from May 2000 toDecember2004.Healsoservedasanindependentnon-executivedirectorof aHongKonglistedcompanyoperatingChineserestaurantchainsandengagedinpropertyinvestmentsduringtheperiodfromAugust2004toAugust2011.Mr.Lohasbeenthechieffinancialofficerof aprivatecompanyengaginginthe printingbusinesssinceSeptember2001.FromMarch1998toJuly2001,Mr.Lowasanexecutivedirectorof aHongKonglistedcompanytheninvolvedinthebabycareproductindustryandthemultimediaindustry.FromJuly1986,Mr.Lospentnearly12years with aninternationalcertifiedpublicaccountantfirm andhislastpositionatsuchfirmwasasaprincipal.Overtheseyears,Mr.Lohasgained extensiveexperienceinfinanceandaccounting.HegraduatedfromtheUniversityofHongKongwith abachelor’sdegreeinsciencein1986andcompletedtheadvancedmanagementprogramat HarvardBusinessSchoolin May2004.Mr.LowasadmittedasafellowoftheHongKongInstituteofCertifiedPublicAccountantsandtheAssociationofCharteredCertifiedAccountantsinMarch2000 andJuly1994, respectively.HewasalsoanassociateoftheInstituteofCharteredAccountantsinEnglandand Walesand amemberandcertifiedgeneralaccountantoftheCertifiedGeneralAccountantsAssociationofCanada.Saveasdisclosedabove,Mr.Lohasnotheld anydirectorshipinother listedpubliccompaniesinthepastthreeyears.
– 12 – |
APPENDIX I | DETAILS OF THE RETIRING DIRECTORS PROPOSED TO BE RE-ELECTED AT THE ANNUAL GENERAL MEETING |
Lengthofservice
Mr.Lowasappointedasanindependentnon-executiveDirector oftheCompanyon23December2013.Mr.LohasenteredintoaserviceagreementwiththeCompanyfor atermofthreeyearsto22December2016.Mr.Lois subjecttoretirementbyrotationandre-electionatannualgeneralmeetings oftheCompanypursuant totheArticlesofAssociation.
Relationships
Mr.Lodoes nothave anyrelationshipwith anyDirectors,seniormanagement,substantialshareholders(asdefinedintheListingRules),orcontrollingshareholders(asdefinedintheListingRules)oftheCompany.
InterestsinShares
AsattheLatestPracticableDate,Mr. Lodoesnothold any interestintheSharesorunderlyingSharespursuanttoPartXVoftheSFO.
Director’semoluments
Mr.LoisentitledtoanannualDirector’sfeeofHK$120,000whichisdeterminedbytheBoardwithreferencetohisdutiesandresponsibilitiesandsubjecttoreviewfromtimetotime.
InformationthatneedstobedisclosedandmattersthatneedtobebroughttotheattentionoftheShareholders
There is no information which is discloseable nor is Mr. Lo involved in any of the matters required to be disclosed pursuant to any of the requirements under Rules 13.51(2)(h) to 13.51(2)(v) of the Listing Rules and there are no other matters concerning Mr. Lo that need to be brought to the attention of the Shareholders.
(7) | Mr.HUANGZuye,aged69,IndependentNon-executiveDirector |
PositionandExperience
Mr. HUANG Zuye was appointed as the independent non-executive Director in December 2013. He is also the chairman of the nomination committee and a member of the audit committee and remuneration committee of the Company. Mr. Huang has over 35 years of experience in the coal mining industry. He retired from the Coal Mining Engineering Institute of Guizhou Province (貴州省煤礦設計研究院) in April 2005. Prior to that, he had worked at the institute for 30 years since May 1975, serving as its Communist Party of China (“CPC”) secretary from December 1997 to March 2005, its
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APPENDIX I | DETAILS OF THE RETIRING DIRECTORS PROPOSED TO BE RE-ELECTED AT THE ANNUAL GENERAL MEETING |
head of institute from June 1994 to March 2003, its deputy head of institute from February 1988 to May 1994 and taking positions of assistant engineer and engineer from May 1975 to February 1988. During such period, Mr. Huang’s responsibilities ranged from project construction design, coal mine design, research and development to the overall management of the institute. He worked as a technician at Laoying mine of Shuicheng Mining Bureau (水城礦務局老鷹山礦) from August 1967 to April 1975 and was primarily responsible for handling the general technological issues relating to coal mine extraction. Mr. Huang graduated from Guizhou Institute of Technology (貴州工學院) with a diploma in underground coal mining extraction in August 1967. He obtained his master’s degree in project management from University of Quebec at Chicoutimi in Canada in March 2006. Mr. Huang was accredited a number of professional qualifications, such as a senior engineer by the Department of Personnel of Guizhou Province (貴州省人事廳) in August 1992, a consultant engineer and a cost engineer jointly by the Ministry of Personnel of the PRC (中華人民共和國人事部) and the Ministry of Construction of the PRC (中華人民共和國建設部) in March 1997 and October 2001, respectively, and a registered consulting engineer jointly by the Ministry of Personnel of the PRC (中華人民共和國人事部) and the State Development Planning Commission of the PRC (中華人民共和國國家發展計劃委員會) in March 2003. Mr. Huang did not hold any directorship in other listed public companies in the past three years.
Lengthofservice
Mr.Huangwasappointedasanindependentnon-executiveDirectoroftheCompanyon 23 December2013.Mr.HuanghasenteredintoaserviceagreementwiththeCompanyforatermofthreeyearsto22December2016.Mr. Huangissubjecttoretirementbyrotationandre-electionatannualgeneralmeetingsoftheCompanypursuanttotheArticlesofAssociation.
Relationships
Mr.Huangdoes nothave anyrelationshipwith anyDirectors,seniormanagement,substantialshareholders(asdefinedintheListingRules),orcontrollingshareholders(asdefinedintheListingRules)oftheCompany.
InterestsinShares
AsattheLatestPracticableDate,Mr.HuangdoesnotholdanyinterestintheSharesorunderlyingSharespursuanttoPartXVoftheSFO.
Director’semoluments
Mr.HuangisentitledtoanannualDirector’sfeeofHK$120,000whichisdeterminedbytheBoardwithreferencetohisdutiesandresponsibilitiesandsubjecttoreviewfromtimetotime.
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APPENDIX I | DETAILS OF THE RETIRING DIRECTORS PROPOSED TO BE RE-ELECTED AT THE ANNUAL GENERAL MEETING |
InformationthatneedstobedisclosedandmattersthatneedtobebroughttotheattentionoftheShareholders
ThereisnoinformationwhichisdiscloseablenorisMr.HuanginvolvedinanyofthemattersrequiredtobedisclosedpursuanttoanyoftherequirementsunderRules13.51(2)(h) to13.51(2)(v) oftheListingRulesandtherearenoothermattersconcerningMr.HuangthatneedtobebroughttotheattentionoftheShareholders.
(8) | Mr.GUJianshe,aged61,IndependentNon-executiveDirector |
PositionandExperience
Mr. GU Jianshe was appointed as the independent non-executive Director in December 2013. He is also the chairman of the corporate social responsibility committee and remuneration committee, and a member of the audit committee and the nomination committee of the Company. Mr. Gu has approximately 40 years of experience in the mining industry. He was a member of the CPC committee and also the head of the discipline and inspection group of Guizhou Energy Bureau (貴州能源局) from May 2009 to May 2013. He took a number of positions including the member of the CPC committee, a professional discipline and inspection supervisor, the head of the discipline and inspection group as well as the head of office and the deputy secretary of the CPC committee during his stay with Guizhou Coal Management Bureau (貴州省煤炭管理局) from November 2002 to May 2009. He was a senior economist and the head of the development and planning department of Shuicheng Mining (Group) Corporation (水城礦業(集團)公司) from September 2001 to November 2002. Prior to that, he worked at Shuicheng Mining Bureau (水城礦務局) from July 1985 to September 2001, during which he served as a senior economist and the head of its office from June 1997 to September 2001, the deputy secretary of the CPC committee and the secretary of the discipline committee of its mechatronic general factory from June 1995 to June 1997, the secretary and deputy manager of its office from July 1985 to June 1995. Between September 1983 and July 1985, Mr. Gu stayed at Yunnan Normal University (雲南師範大學) as a student of the politics and education faculty. He worked at Wangjiazhai Coal Selection Plant (汪家寨選煤廠) of Shuicheng Mining Bureau (水城礦務局) from September 1971 to September 1983 during which he also served as the deputy head of the publicity division of Shuicheng Mining Bureau’s (水城礦務局) mechatronic general factory. Mr. Gu obtained a junior college’s diploma in politics and education from Yunan Normal University (雲南師範大學) in July 1985. He also obtained his bachelor’s degree in economics and management from CPC Guizhou Committee Party School (中共貴州省委黨校) in July 1997. Mr. Gu was accredited as a senior economist by the Department of Personnel of Guizhou Province (貴州省人事廳) in December 1999. Mr. Gu did not hold any directorship in other listed public companies in the past three years.
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APPENDIX I | DETAILS OF THE RETIRING DIRECTORS PROPOSED TO BE RE-ELECTED AT THE ANNUAL GENERAL MEETING |
Lengthofservice
Mr.Guwasappointedasanindependentnon-executiveDirectoroftheCompanyon23December2013.Mr.GuhasenteredintoaserviceagreementwiththeCompanyfor atermofthreeyearsto22December2016.Mr.Guissubjecttoretirementbyrotationandre-electionatannualgeneralmeetingsoftheCompanypursuanttotheArticlesofAssociation.
Relationships
Mr.Gudoes nothave anyrelationshipwith anyDirectors,seniormanagement,substantialshareholders(asdefinedintheListingRules),orcontrollingshareholders(asdefinedintheListingRules)oftheCompany.
InterestsinShares
AsattheLatestPracticableDate,Mr.GudoesnotholdanyinterestintheSharesorunderlyingSharespursuanttoPartXVoftheSFO.
Director’semoluments
Mr.GuisentitledtoanannualDirector’sfeeofHK$120,000whichisdeterminedbytheBoardwithreferencetohisdutiesandresponsibilitiesandsubjecttoreviewfromtimetotime.
InformationthatneedstobedisclosedandmattersthatneedtobebroughttotheattentionoftheShareholders
ThereisnoinformationwhichisdiscloseablenorisMr.GuinvolvedinanyofthemattersrequiredtobedisclosedpursuanttoanyoftherequirementsunderRules13.51(2)(h) to13.51(2)(v) oftheListingRulesandtherearenoothermattersconcerningMr.GuthatneedtobebroughttotheattentionoftheShareholders.
– 16 – |
APPENDIX II | EXPLANATORY STATEMENT ON THE SHARE REPURCHASE MANDATE |
ThefollowingisanexplanatorystatementrequiredbytheListingRulestoprovidetheShareholderswithrequisiteinformationreasonablynecessaryforthemtomakeaninformeddecision onwhether tovotefororagainsttheordinary resolutiontobeproposedattheAnnualGeneralMeetinginrelationtothegrantingoftheShareRepurchaseMandate.
1. | SHARECAPITAL |
AsattheLatestPracticableDate,theissuedsharecapitaloftheCompanycomprised124,554,580Shares.
Subjecttothepassingoftheordinaryresolutionsetoutinitem4ofthenoticeoftheAnnualGeneralMeetinginrespectofthegrantingoftheShareRepurchaseMandateandassumingthat theissuedsharecapitaloftheCompanyremainsunchangedaftertheLatestPracticableDateanduptothedateoftheAnnualGeneralMeeting,i.e.being124,554,580Shares,theDirectorswouldbeauthorizedundertheShareRepurchaseMandatetorepurchase,duringtheperiodinwhichtheShareRepurchaseMandateremainsinforce,anaggregatenominalamountofSharesuptoHK$124,554.58(equivalentto12,455,458Shares),representing10%oftheaggregatenominalamountofSharesinissueasatthedateoftheAnnualGeneralMeeting.
2. | REASONSFORSHAREREPURCHASE |
TheDirectorsbelievethatthegrantingoftheShareRepurchaseMandateisinthebestinterestsoftheCompanyandtheShareholdersasawhole.
RepurchasesofSharesmay,dependingonthemarketconditionsandfundingarrangementsatthetime,leadtoanenhancementofthenetassetvalueperShareand/orearningsperShareandwillonlybemadewhentheDirectorsbelievethatsucharepurchasewillbenefittheCompanyandtheShareholdersasawhole.
3. | FUNDINGOFREPURCHASE |
InrepurchasingShares,theCompanymayonlyapply funds legallyavailableforsuchpurposeinaccordancewithitsArticlesofAssociation,thelawsofBritishVirginIslandsand/oranyotherapplicablelaws,asthecasemaybe.
4. | IMPACTOFREPURCHASE |
Theremightbea materialadverseimpactontheworkingcapitalorgearingratiooftheCompany(as comparedwiththe positiondisclosedinthe auditedaccountscontainedintheannualreportoftheCompanyfortheyearended31December2013)intheeventthattheShareRepurchaseMandatewastobecarriedoutinfullatanytime duringtheproposedrepurchaseperiod.However,theDirectorsdonotintendtoexercisetheShareRepurchaseMandatetosuchextentaswould,inthecircumstances,have amaterialadverseeffectontheworkingcapitalrequirementsoftheCompanyorthegearingratiowhichintheopinionoftheDirectorsarefromtimetotimeappropriatefortheCompany.
– 17 – |
APPENDIX II | EXPLANATORY STATEMENT ON THE SHARE REPURCHASE MANDATE |
5. | MARKETPRICESOFSHARES |
ThehighestandlowestpricesperShareatwhichShareshavetradedontheStockExchangeduringtheperiodfrom22January2014(thedateoflistingoftheSharesontheStockExchange)uptoandincludingtheLatestPracticableDatewereasfollows:
Month | Highest | Lowest |
HK$ | HK$ | |
January 2014 | 30.00 | 16.90 |
February 2014 | 19.20 | 14.00 |
March 2014 | 14.50 | 12.20 |
April 2014 (up to the Latest Practicable Date) | 12.80 | 8.80 |
6. | GENERAL |
Tothebest oftheirknowledgeand havingmadeallreasonableenquiries,noneoftheDirectorsnoranyoftheirrespectiveassociates(asdefinedintheListingRules)haveanypresentintentiontosellanySharestothe Companyinthe eventthatthe grantingof the ShareRepurchaseMandateisapprovedbytheShareholdersandexercised.
TheCompanyhas not beennotifiedby anyconnectedpersons(as definedinthe ListingRules)oftheCompanythattheyhaveapresentintentiontosellanySharestotheCompany,orthattheyhaveundertakennottosellanySharesheldbythemtotheCompanyintheeventthatthegrantingoftheShare RepurchaseMandateisapprovedbytheShareholdersandexercised.
The DirectorshaveundertakentotheStockExchangetoexercisethepoweroftheCompanytomakerepurchasesofSharespursuanttotheShareRepurchaseMandateinaccordancewiththeListingRulesandtheapplicablelawsoftheBritishVirginIslands.
7. | TAKEOVERSCODECONSEQUENCES |
IfasaresultofarepurchaseofSharespursuanttotheShareRepurchaseMandate,aShareholder’sproportionateinterestinthevotingrightsoftheCompanyincreases,suchincreasewillbetreatedasanacquisitionofvotingrightsforthepurposesoftheTakeoversCode.Accordingly,aShareholderor agroupofShareholders actinginconcert(withinthemeaningunderthe TakeoversCode),dependingonthelevelofincreaseintheShareholder’sinterest,couldobtainorconsolidatecontroloftheCompanyandtherebybecomeobligedtomake amandatoryofferinaccordancewithRule26ofthe TakeoversCode.
TothebestknowledgeoftheCompany,asattheLatestPracticableDate,Mr.LiFeilie,thecontrollingshareholderoftheCompany(asdefinedintheListingRules),wasinterestedanddeemedtobeinterestedin73,902,965Sharesrepresentingapproximately59.33%ofthetotalissuedsharecapitaloftheCompany.Such73,902,965Sharescomprised1,500,000Shares
– 18 – |
APPENDIX II | EXPLANATORY STATEMENT ON THE SHARE REPURCHASE MANDATE |
(representingapproximately1.20%ofthetotalissuedsharecapitaloftheCompany)heldbyhimselfdirectlyasbeneficialownerand72,402,965Shares(representingapproximately58.13%ofthe totalissuedsharecapitalofthe Company)heldbyFeishangGroupLimited.FeishangGroupLimitedisawholly-ownedsubsidiaryofLaitanInvestmentsLimited,whichis in turnwhollyownedby Mr.Li Feilie.In theeventthattheDirectorsexercisetheproposedShare RepurchaseMandateinfull,theaggregateshareholdingofMr.LiFeilie would beincreasedtoapproximately65.92%oftheissuedsharecapitaloftheCompany.
TheDirectorsarenotaware ofanyShareholderoragroup ofShareholdersacting inconcert,whowillbecomeobligedto makeamandatoryofferin accordancewithRule26 of theTakeoversCodeasaresultoftherepurchaseofShares.
TheDirectorswillusetheirbestendeavoursto ensurethattheShareRepurchaseMandatewillnotbe exercisedto suchextentthatthenumberof listedsharesheldby thepublicwillfallbelowtherelevantminimumpercentageasdeterminedbytheStockExchange.
8. | REPURCHASEOFSHARESMADEBYTHECOMPANY |
FromthedateoflistingoftheCompanyon22January2014anduptotheLatestPracticableDate, theCompanyhadnotrepurchasedanyoftheShares(whetherontheStockExchangeorotherwise).
– 19 – |
NOTICE OF ANNUAL GENERAL MEETING |
FeishangAnthraciteResourcesLimited
飛尚無煙煤資源有限公司
(IncorporatedintheBritishVirginIslandswithlimitedliability)
(Stockcode:1738)
NOTICEISHEREBYGIVEN THATtheAnnualGeneralMeetingoftheshareholders ofFeishangAnthraciteResourcesLimited(the“Company”)willbeheldatMonacoRoom,Basement1,RegalHongKongHotel,88Yee WooStreet,CausewayBay,HongKongonFriday,30May2014at3:00pmforthefollowingpurposes:
1. | ToreceivetheauditedconsolidatedfinancialstatementsoftheCompanyandthereportsofthedirectorsandauditorsfortheyearended31December2013. |
2. | Tore-electtheretiringdirectorsoftheCompany(the“Directors”)andtoauthorizetheboardofDirectors(the“Board”)tofixtherespectiveDirectors’remuneration. |
3. | Tore-appointauditorsandtoauthorizetheBoardtofixtheirremuneration. |
Asspecialbusiness,toconsiderand,ifthoughtfit,passwithorwithoutamendments,thefollowingresolutionsasordinaryresolutions:
4. | “THAT: |
(a) | subjecttoparagraph(b)below, ageneralmandatebeandisherebygenerallyandunconditionallygiventotheDirectorstoexerciseduringtheRelevantPeriod(asdefinedbelow)allthepowersoftheCompanytorepurchaseitssharesonTheStockExchangeofHongKongLimited(the“StockExchange”)oronanyotherstockexchangeonwhichthesecuritiesoftheCompanymaybelistedandrecognizedbytheSecuritiesandFuturesCommissionandtheStockExchangeforthispurpose,subjecttoandinaccordancewithallapplicablelawsandrequirementsoftheRules GoverningtheListingofSecuritiesontheStockExchange(the“ListingRules”)orofanyotherstockexchangeonwhichthesecuritiesoftheCompanymaybelistedasamendedfromtimetotime; |
(b) | thetotalnominalamountofshares oftheCompanytoberepurchasedpursuanttothemandateinparagraph(a) aboveshallnot exceed10%ofthe aggregatenominalamountoftheissuedsharecapitaloftheCompanyasatthedateofpassingofthisresolution;and |
– 20 – |
NOTICE OF ANNUAL GENERAL MEETING |
(c) | forthepurposesofthisresolution: |
“RelevantPeriod”meanstheperiodfromthepassingofthisresolutionuntilwhicheveristheearliestof:
(i) | theconclusionofthenextannualgeneralmeetingoftheCompany; |
(ii) | theexpirationoftheperiodwithinwhichthenextannualgeneralmeetingoftheCompanyisrequiredbythearticlesofassociationoftheCompanyoranyapplicablelawstobeheld;and |
(iii) | thedateonwhichtheauthoritysetoutinthisresolutionisrevokedorvariedbyanordinaryresolutionoftheshareholders ingeneralmeeting.” |
5. | “THAT: |
(a) | subjecttoparagraph(c)below, ageneralmandatebeandisherebygenerallyandunconditionallygiventotheDirectorsduringtheRelevant Period(asdefinedbelow)toallot,issueanddealwithadditionalsharesinthecapitaloftheCompanyandtomakeorgrantoffers,agreementsandoptionswhichmightrequiretheexerciseofsuchpowers; |
(b) | themandateinparagraph(a)aboveshallauthorizetheDirectorstomakeorgrantoffers,agreementsandoptionsduringtheRelevantPeriodwhichwouldormightrequiretheexerciseofsuchpowersaftertheendoftheRelevantPeriod; |
(c) | theaggregatenominalamountofsharecapitalallottedoragreedconditionallyorunconditionallytobeallottedbytheDirectorspursuanttothemandateinparagraph(a)above,otherwisethanpursuantto: |
(i) | aRightsIssue(asdefinedbelow); |
(ii) | theexercise ofoptionsunder ashareoptionschemeoftheCompany;and |
(iii) | anyscrip dividendschemeorsimilararrangementprovidingfortheallotmentofsharesinlieuofthewholeor partofadividendonsharesoftheCompanyinaccordancewith thearticlesofassociationoftheCompany, |
shallnotexceed20%oftheaggregatenominalamountoftheissuedsharecapitaloftheCompanyonthedateofpassingofthisresolution;and
– 21 – |
NOTICE OF ANNUAL GENERAL MEETING |
(d) | forthepurposesofthisresolution: |
“RelevantPeriod”meanstheperiodfromthepassingofthisresolutionuntilwhicheveristheearliestof:
(i) | theconclusionofthenextannualgeneralmeetingoftheCompany; |
(ii) | theexpirationoftheperiodwithinwhichthenextannualgeneralmeetingoftheCompanyisrequiredbythearticlesofassociationoftheCompanyoranyapplicablelawstobeheld;and |
(iii) | thedateonwhichtheauthoritysetoutinthisresolutionisrevokedorvariedbyanordinaryresolutionoftheshareholdersingeneralmeeting. |
“RightIssue”meansanoffer ofsharesopen foraperiodfixed bytheDirectorstoholdersof sharesof the Companyor anyclassthereofon the registeronafixedrecorddateinproportiontotheirthenholdingsofsuchsharesorclassthereof(subjecttosuchexclusionsorotherarrangementsastheDirectorsmaydeem necessaryorexpedientinrelationtofractionalentitlementsorhavingregardtoany restrictionsorobligationsunderthelawsofany relevantjurisdictionortherequirementsofanyrecognizedregulatorybodyoranystockexchange).”
6. | “THATconditionaluponthepassingofresolutionssetoutinitems 4and5ofthenoticeconveningthis meeting(the“Notice”),the generalmandatereferredtointheresolutionsetoutinitem 5oftheNoticebeandisherebyextendedbytheadditiontotheaggregatenominalamountofshareswhichmaybeallottedandissuedoragreedconditionallyorunconditionallytobeallottedandissuedbytheDirectorspursuanttosuchgeneralmandateofanamountrepresentingtheaggregatenominalamountofsharesrepurchasedbytheCompanypursuanttothemandatereferredtoinresolutionsetoutinitem 4oftheNotice,providedthatsuchamountshallnotexceed10%ofthe aggregatenominalamountofthe issuedsharecapitalof theCompanyasatthedateofpassingofthisresolution.” |
By Order of the Board | |
Feishang Anthracite Resources Limited | |
LI Feilie | |
Chairman |
HongKong,25April2014
– 22 – |
NOTICE OF ANNUAL GENERAL MEETING |
Notes:
1. | Allresolutionsatthemeetingwillbetakenbypoll(exceptwherethechairman decidestoallow aresolutionrelatingtoaproceduraloradministrativemattertobevotedonbyashowofhands)pursuanttotheListingRules.TheresultsofthepollwillbepublishedonthedesignatedwebsiteoftheStockExchangeandthewebsiteoftheCompanyinaccordancewiththeListingRules. |
2. | AnyshareholderoftheCompanyentitledtoattendandvoteattheabovemeetingisentitledtoappointoneproxyormorethanoneproxytoattendandvoteinsteadofhim.Aproxyneednotbe ashareholderoftheCompany.Ifmorethanone proxyisappointed,the numberofsharesinrespectofwhicheachsuchproxysoappointedmustbespecifiedintherelevantformofproxy. |
3. | Inordertobevalid,theformofproxytogetherwiththepowerofattorneyorotherauthority,ifany,underwhichitissignedoracertifiedcopyofthatpowerofattorneyorauthority,mustbedepositedattheCompany’sbranchshareregistrarinHongKong,TricorInvestorServicesLimited,atLevel22,HopewellCentre,183Queen’sRoadEast,HongKongnot lessthan48 hoursbeforethetimeappointedforthe holdingof the meetingoranyadjournmentthereof.Deliveryoftheformofproxyshallnotpreclude ashareholderoftheCompanyfromattending andvotinginpersonatthemeetingand,insuchevent,theinstrumentappointing aproxyshallbedeemedtoberevoked. |
4. | Fordeterminingtheentitlementtoattendandvoteattheabovemeeting,theRegisterofMembersoftheCompanywillbeclosedfromWednesday,28May2014 toFriday,30May2014, both dates inclusive,duringwhichperiodnotransferofshareswillberegistered.InordertobeeligibletoattendandvoteattheAnnualGeneralMeeting,unregisteredholdersofsharesoftheCompanyshall ensurethatalltransferdocumentsaccompaniedbytherelevantshare certificatesmustbelodgedwiththeCompany’sbranchshareregistrarinHongKong, TricorInvestorServicesLimited,atLevel22,HopewellCentre,183Queen’sRoadEast,HongKongforregistrationnotlaterthan4:30p.m.on Tuesday,27May2014. |
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