notes to the financial statements - Investor Relations

NOTICE OF
ANNUAL GENERAL MEETING
Annual Report 2011
NOTICE IS HEREBY GIVEN that the 42 nd Annual General Meeting of the shareholders of CWT Limited (the “Company”) will be held
at 38 Tanjong Penjuru, CWT Logistics Hub 1, Singapore 609039 on 25 April 2012 at 3.30pm for the purpose of considering and, if
thought fit, passing, with or without amendments, the following resolutions relating to both ordinary and special businesses which
will be proposed as ordinary resolutions.
ORDINARY BUSINESS
1. To receive and adopt the Audited Accounts for the financial year ended 31 December 2011, and the Directors’ Report and
the Auditors’ Report thereon. (Resolution 1)
2. To approve a final one-tier cash dividend of 2.5 cents per share (or a total net dividend of S$15,007,616.25) for the financial
year ended 31 December 2011. (Resolution 2)
3. To approve Directors’ fees of S$625,000 for the financial year ended 31 December 2011 (2010: S$655,000).
(Resolution 3)
4. To re-elect the following Directors pursuant to Article 92 of the Company’s Articles of Association and who, being eligible, will
offer themselves for re-election:
Liao Chung Lik (Resolution 4)
Mr Liao Chung Lik, if re-appointed, will continue to serve as a non-executive Director and a member of the Audit Committee.
Loi Pok Yen (Resolution 5)
Mr Loi Pok Yen, if re-appointed, will continue to serve as executive Director.
To re-appoint Mr Loi Kai Meng as Director of the Company, pursuant to Section 153(6) of the Singapore Companies Act
(Cap. 50), to hold such office from the date of this Annual General Meeting until the next Annual General Meeting of the
Company. (Resolution 6)
Mr Loi Kai Meng, if re-appointed, will continue to serve as non-executive Chairman and a member of the Nominating cum
Remuneration Committee.
5. To re-appoint KPMG LLP as Auditors of the Company and to authorise the Directors to fix their remuneration.
(Resolution 7)
SPECIAL BUSINESS
To consider and, if thought fit, to pass the following Resolutions with or without amendments as Ordinary Resolutions:
6. That pursuant to Section 161 of the Singapore Companies Act (Cap. 50) (“Companies Act”) and the listing rules of the
Singapore Exchange Securities Trading Limited (“SGX-ST”), authority be and is hereby given to the directors of the Company
(“Directors”) to:
(A) (i) issue shares in the capital of the Company (“Shares”) (whether by way of rights, bonus or otherwise);
(ii) make or grant offers, agreements or options or awards (collectively, “Instruments”) that might or would require
Shares to be issued, including but not limited to the creation and issue of warrants, debentures or other instruments
convertible into Shares; and
(iii) issue additional Instruments arising from adjustments made to the number of Instruments previously issued in the
event of rights, bonus or capitalization issues,
at any time and upon such terms and conditions, and for such purposes, and to such persons as the Directors may in their
absolute discretion deem fit; and
135