ELEKTROMOTIVE GROUP LIMITED: (1) RESOLUTIONS PASSED AT ANNUAL GENERAL MEETING AND (2) RETIREMENT OF DIRECTORS

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* Asterisks denote mandatory information
Name of Announcer *	ELEKTROMOTIVE GROUP LIMITED
Company Registration No.	199407135Z
Announcement submitted on behalf of	ELEKTROMOTIVE GROUP LIMITED
Announcement is submitted with respect to *	ELEKTROMOTIVE GROUP LIMITED
Announcement is submitted by *	Ricky Ang Gee Hing
Designation *	Executive Vice-Chairman and Managing Director
Date & Time of Broacast	30-Jul-2012 19:17:22
Announcement No.	00169
Price Sensitivity	No

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Announcement Title *

(1) RESOLUTIONS PASSED AT ANNUAL GENERAL MEETING AND (2) RETIREMENT OF DIRECTORS

Description

(1) RESOLUTIONS PASSED AT ANNUAL GENERAL MEETING Pursuant to Rule 704(15) of the Listing Manual Section B: Rules of Catalist (the 'Catalist Rules') of the Singapore Exchange Securities Trading Limited ('SGX-ST'), ELEKTROMOTIVE GROUP LIMITED (the 'Company') wishes to inform that all items of ordinary and special business as set forth in the Notice of Annual General Meeting ('AGM') dated 15 July 2012 and put to the AGM held on Monday, 30 July 2012, were duly passed by the shareholders of the Company. (2) RETIREMENT OF DIRECTORS The Board of Directors of the Company also wishes to announce that:- (i) Mr Francis Xavier who did not seek for re-election at the AGM has retired as an Independent Director of the Company at the conclusion of the AGM. Subsequent to his retirement, Mr Xavier has also ceased to be the Chairman of the Nominating Committee and a member of the Audit and Remuneration Committees. (ii) Mr Teo Lai Wah Timothy who wishes to retire at the AGM has retired as an Independent Director of the Company at the conclusion of the AGM. Subsequent to his retirement, Mr Teo has also ceased to be the Chairman of the Audit and Remuneration Committees and a member of the Nominating Committee. The Board would like to extend its appreciation to Mr Xavier and Mr Teo for their valuable contribution to the Company during their tenures of service. The full details of the retirement of Mr Xavier and Mr Teo as required under Rule 704(6) of the Catalist Rules of the SGX-ST are disclosed in separate announcements made today. Due to the retirement of Mr Xavier and Mr Teo as Independent Directors of the Company, the Company will be left with only one Independent Director. The Board will source for new Independent Directors and the relevant announcements in respect of the appointment of new Independent Directors will be released in due course. This announcement has been reviewed by the Company's Sponsor, RHT Capital Pte. Ltd. ("Sponsor"), for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited ("SGX-ST"). The Sponsor has not independently verified the contents of this announcement. This announcement has not been examined or approved by the SGX-ST and the SGX-ST assumes no responsibility for the contents of this document, including the correctness of any of the statements or opinions made or reports contained in this announcement. The details of the contact person for the Sponsor are: Name: Mr. Wong Chee Meng Lawrence, Registered Professional Address: Six Battery Road #10-01 Singapore 049909 Tel: [phone]