CAI Corp — Proxy Solicitation & Information Statement 2020

Mar 16, 2020

CHINA NEW ECONOMY FUND LIMITED 中國新經濟投資有限公司

(an exempted company incorporated in the Cayman Islands with limited liability)

(Stock Code: 80)

Form of Proxy for the Extraordinary General Meeting to be held on Friday, 3 April 2020 at 10:00 a.m.

I/We[1] (name) of (address) being the registered holder(s) of ordinary shares[2] of HK$0.01 each in the share capital of China New Economy Fund Limited (the “ Company ”), HEREBY APPOINT THE CHAIRMAN OF THE MEETING[3] or (name) of (address)

as my/our proxy to vote and act for me/us at the extraordinary general meeting of the Company to be held at Room 4608, 46/F., The Center, 99 Queen’s Road Central, Hong Kong on Friday, 3 April 2020 at 10:00 a.m. (and at any adjournment thereof) (the “ Meeting ”) for the purpose of considering and, if thought fit, passing the resolutions as set out in the notice dated 16 March 2020 convening the said Meeting (“ Notice ”) to vote on my/our behalf in respect of the resolution as indicated below, or if no such indication is given, as my/our proxy thinks fit.

			ORDINARY RESOLUTIONS		FOR4	AGAINST4	AGAINST4	AGAINST4
	1.	To approve the proposed consolidation of every four (4) issued and unissued
		shares of HK$0.01 each in the share capital of the Company into one (1)
		consolidated	share with par value of HK$0.04, details of which are set out in
		ordinary resolution number 1 in the Notice.
	2.	To approve the proposed rights issue on the basis of one (1) rights share for
		every one (1) consolidated share with par value of HK$0.04 held on the
		record date,	details of which are set out in ordinary resolution number 2 in
		the Notice.

Dated this day of 2020 Signed[5]

Notes:

1. Full name(s) and address(es) to be inserted in BLOCK CAPITALS .

2. Please insert the number of ordinary shares to which this form of proxy relates in the space provided. If no number is inserted, this form of proxy will be deemed to relate to all ordinary shares in the Company registered in your name(s).

3. If any proxy other than the Chairman of the meeting is preferred, strike out the words “THE CHAIRMAN OF THE MEETING or” and insert the name and address of the proxy desired in the space provided. ANY ALTERATION MADE TO THIS FORM OF PROXY MUST BE INITIALLED BY THE PERSON WHO SIGNS IT.

4. IMPORTANT: IF YOU WISH TO VOTE FOR THE RESOLUTIONS, TICK ( ✔ ) THE APPROPRIATE BOX MARKED “FOR”. IF YOU WISH TO VOTE AGAINST THE RESOLUTIONS, TICK ( ✔ ) THE APPROPRIATE BOX MARKED “AGAINST”. Failure to complete any of the boxes will entitle your proxy to vote or abstain at his discretion. Your proxy will also be entitled to vote at his discretion on any resolution properly put to the Meeting other than those referred to in the Notice.

5. This form of proxy must be signed by you or your attorney duly authorised in writing or, in the case of a corporation, must be either executed under its common seal or under the hand of an officer or attorney duly authorized.

6. In the case of joint holders of a share, the vote of the senior who tenders a vote, whether in person or by proxy, will be accepted to the exclusion of the votes of the other joint holder(s) and for this purpose, seniority will be determined by the order in which the names stand in the Register of Members.

7. To be valid, this form of proxy, together with any power of attorney or other authority (if any) under which it is signed or a certified copy thereof, must be deposited at the branch share registrar and transfer office in Hong Kong, Computershare Hong Kong Investor Services Limited of 17M Floor, Hopewell Centre, 183 Queen’s Road East, Wanchai, Hong Kong not less than 48 hours before the time appointed for holding the Meeting or any adjourned meeting.

8. The proxy need not be a member of the Company but must attend the meeting in person to represent you.

9. Completion and delivery of the form of proxy will not preclude you from attending and voting at the Meeting if you so wish and, in such event, the instrument appointing the proxy shall be deemed to be revoked.