Bridge Street
SYDNEY NSW 2000
Dear Sir/Madam
NOTICE OF ANNUAL GENERAL MEETING AND EXPLANATORY STATEMENT
Please be advised that the Company has today despatched the Notice of Annual General Meeting and Explanatory Statement to all Shareholders. A personalised Proxy Form was also included.
The Annual General Meeting has been convened to be held on Thursday, 19 May 2016 at the Grand Mercure Roxy Singapore, 50 East Coast Road, Roxy Square, Singapore 428769, commencing at 10.00am (Singapore time).
Yours faithfully
OM HOLDINGS LIMITED
Heng Siow Kwee/Julie Wolseley
Company Secretary
#08 - 08, Parkway Parade 1
80 Marine Parade Road, 449269 Singapore
Tel: 65-6346 5515 Fax: 65-6342 2242
Email address: [email protected] Website: www.omholdingsltd.com ASX Code: OMH
BACKGROUND PROFILE OF OM HOLDINGS LIMITED
OMH Holdings Limited (OMH) was listed on the ASX in March 1998 and has its foundations in metal materials trading - incorporating the sourcing and distribution of manganese ore products.
OMH is involved in mining manganese product in Australia and South Africa and smelting in Sarawak, East Malaysia.
The smelter in Sarawak is 75% owned by OMH and physical construction of Phase 1 of the ferrosilicon production facility has been completed.
Having commenced construction in Q3 2012, first tapping was achieved on 22 September 2014. The facilities' capacity of 308,000 tonnes per annum will make it one of the largest ferrosilicon smelters in the world. Manganese Alloy production is under review and is expected to commence in 2016.
OMH, through a wholly owned subsidiary, owns the Bootu Creek manganese mine in the Northern Territory. This mine has the capacity to produce up to 1,000,000 tonnes of manganese product per annum.
OMH also owns a 26% investment in Main Street 774 (Pty) Limited, which, in turn owns 50.1% interest in the world class Tshipi Borwa ("Tshipi") manganese mine in South Africa. This mine has the capacity to produce up to 2,400,000 tonnes of manganese product per annum when the permanent processing plant is completed.
The manganese products of Bootu Creek, and those from Tshipi, are exclusively marketed through OMH's trading division, OM Materials (S) Pte Ltd, and OM Tshipi Pte Ltd (33.33% owned) respectively. Through all these activities OMH has established itself as a significant manganese supplier to the global market.
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OM HOLDINGS LIMITED
ARBN 081 028 337
NOTICE OF ANNUAL GENERAL MEETING EXPLANATORY STATEMENT
AND PROXY FORM
Date of Meeting
Thursday, 19 May 2016
Time of Meeting
10.00am (Singapore time)
Place of Meeting
Grand Mercure Roxy Singapore 50 East Coast Road
Roxy Square
Singapore 428769
THIS NOTICE OF ANNUAL GENERAL MEETING AND EXPLANATORY STATEMENT SHOULD BE READ IN ITS ENTIRETY. IF SHAREHOLDERS ARE IN ANY DOUBT AS TO HOW THEY SHOULD VOTE, THEY SHOULD SEEK ADVICE FROM THEIR PROFESSIONAL ADVISORS WITHOUT DELAY.
OM HOLDINGS LIMITED
ARBN 081 028 337
NOTICE OF ANNUAL GENERAL MEETING
Notice is hereby given that the Annual General Meeting of the shareholders of OM Holdings Limited ARBN 081 028 337 ("Company") will be held at the Grand Mercure Roxy Singapore, 50 East Coast Road, Roxy Square, Singapore 428769 on Thursday, 19 May 2016 commencing at 10.00am (Singapore time), for the purpose of transacting the following business.
ITEMS OF BUSINESS:
An explanatory statement containing information in relation to each of the following Resolutions accompanies this Notice ("Explanatory Statement").
RESOLUTION 1 - FINANCIAL STATEMENTS AND REPORTS
To consider and, if thought fit, to pass, with or without amendment, the following Resolution as an ordinary resolution:
"That, the Company receive and consider the following documents:
To consider and, if thought fit, to pass, with or without amendment, the following Resolution as an ordinary resolution:
"That, in accordance with Bye-law 88, Mr Thomas Teo Liang Huat retires and, being eligible for re-election, be re-elected as a Director."
To consider and, if thought fit, to pass, with or without amendment, the following Resolution as an ordinary resolution:
"That, in accordance with Bye-law 88, Mr Zainul Abidin Rasheed retires and, being eligible for re-election, be re-elected as a Director."
To consider and, if thought fit, to pass, with or without amendment, the following Resolution as an ordinary resolution:
"That, in accordance with Bye-laws 155 and 157, shareholders of the Company ("Shareholders") re-appoint Foo Kon Tan LLP (formerly known as Foo Kon Tan Grant Thornton LLP) as Auditor with a remuneration to be determined by the Directors."