Midland IC&I : POLL RESULTS OF THE EXTRAORDINARY GENERAL MEETING HELD ON 1 APRIL 2021

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

POLL RESULTS OF

THE EXTRAORDINARY GENERAL MEETING HELD ON 1 APRIL 2021

References are made to the circular (the "Circular") and the notice of extraordinary general meeting of Midland IC&I Limited (the "Company") dated 15 March 2021. Unless otherwise specified, capitalised terms used in this announcement shall have the same meanings as those defined in the Circular.

The Board is pleased to announce that the resolution proposed at the EGM held on 1 April 2021 was duly passed by the Independent Shareholders by way of poll. The poll results in respect of the resolution proposed at the EGM are as follows:

		Number of Votes
	Ordinary Resolution	(Approximate %)
	For	Against
(a)	To approve, ratify and confirm the entering into of the Cross
	Referral Services Framework Agreement (2021) between the
	Company and Midland Holdings Limited and the transactions
	contemplated thereunder and in connection therewith and any
	other documents ancillary to it;
(b)	To approve, ratify and confirm the Proposed Annual Caps as
	contemplated under the Cross Referral Services Framework
	Agreement (2021); and	34,558,889	43
(c)	To authorize any director(s) of the Company, for and on behalf	(99.99%)	(0.01%)
	of the Company, to do all acts and things and execute any
	agreements, deeds, instruments and any other documents, as
	he/she/they may determine to be appropriate, necessary or
	desirable to give effect to or in connection with the Cross
	Referral Services Framework Agreement (2021) and the
	transactions contemplated thereunder.

As more than 50% of the votes were cast in favour of the resolution, the resolution was duly passed by the Independent Shareholders as an ordinary resolution.

• For identification purpose only

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As at the date of the EGM, the total number of issued Shares was 1,805,282,608 Shares. Mr. Wong, Wealth Builder and Sunluck, holding an aggregate of 930,463,428 Shares (representing approximately 51.54% of all issued Shares) as at the date of the EGM, were required under the Listing Rules to abstain, and had abstained, from voting on the resolution at the EGM. Accordingly, the total number of Shares entitling the holders to attend and vote on the resolution at the EGM was 874,819,180 Shares (representing approximately 48.46% of all issued Shares). There were no Shares entitling the holders to attend and abstain from voting in favour of the resolution at the EGM as set out in Rule 13.40 of the Listing Rules. Save as disclosed above, there were no other Shareholders required to abstain from voting on the resolution proposed at the EGM under the Listing Rules. No Shareholder has stated his/her/its intention in the Circular to vote against the resolution at the EGM.

Tricor Tengis Limited, the Company's Hong Kong branch share registrar and transfer office, was appointed as the scrutineer for vote-taking at the EGM.

By Order of the Board

Midland IC&I Limited

MUI Ngar May, Joel

Company Secretary

Hong Kong, 1 April 2021

As at the date of this announcement, the Board comprises six Directors, of which three are Executive Directors, namely Mr. WONG Kin Yip, Freddie, Ms. WONG Ching Yi, Angela and Mr. WONG Hon Shing, Daniel; and three are Independent Non-Executive Directors, namely Mr. YING Wing Cheung, William, Mr. SHA Pau, Eric and Mr. HO Kwan Tat, Ted.

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