Attached files
| file | filename |
|---|---|
| EX-99.2 - EXHIBIT 99.2 - China Housing & Land Development, Inc. | v428064_ex99-2.htm |
| EX-99.1 - EXHIBIT 99.1 - China Housing & Land Development, Inc. | v428064_ex99-1.htm |
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of Earliest Event Reported): December 30, 2015
CHINA HOUSING & LAND DEVELOPMENT, INC.
(Exact name of registrant as specified in its charter)
| Nevada | 000-51429 | 20-1334845 |
| (State or Other Jurisdiction of Incorporation) |
(Commission File Number) | (I.R.S. Employer Identification Number) |
1008, Liuxue Road, Baqiao District
Xi’an, Shaanxi Province
China 710038
(Address of principal executive offices) (zip code)
86-29- 83328813
(Registrant’s telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A2. below):
£ Written communications pursuant to Rule 425 under the Securities Act (17 CFR230.425)
£ Soliciting material pursuant to Rule 14-a-12 under the Exchange Act (17 CFR240.14a-12)
£ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CPR240.14d-2(b))
£ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 5.07. Submission of Matters to a Vote of Security Holders.
Annual Meeting of Stockholders
On December 30, 2015, Beijing time (December 29, 2015 U.S. Eastern Time), China Housing & Land Development, Inc. (the “Company”) held its 2015 Annual Meeting of Stockholders (the “Annual Meeting”).
The following proposals, which are further described in the definitive proxy statement for the Annual Meeting filed with the Securities and Exchange Commission on November 25, 2015 (the “Annual Meeting Proxy Statement”), were submitted to the Company’s stockholders at the Annual Meeting:
| (1) | Election of seven (7) directors to hold office until the next annual meeting of stockholders and until their respective successors have been duly elected and qualified. |
The following nominees were elected as directors, by the votes set forth in the table below:
| NOMINEE | FOR | WITHHELD | ||
| Pingji Lu | 4,296,502 | 318,011 | ||
| Jing Lu | 4,296,502 | 318,011 | ||
| Fang Nie | 4,296,542 | 317,971 | ||
| Suiyin Gao | 4,296,635 | 317,878 | ||
| Yusheng Lin | 4,296,575 | 317,938 | ||
| Maosheng Luo | 4,296,575 | 317,938 | ||
| Mingduo Yang | 4,296,575 | 317,938 |
| (2) | Advisory vote to approve, on a non-binding basis, the compensation of the Company’s named executive officers, as described in the Annual Meeting Proxy Statement. |
The proposal was approved by the votes set forth in the table below:
| FOR | AGAINST | ABSTAIN | ||
| 4,283,250 | 326,311 | 5,052 |
| (3) | Advisory vote to recommended, on a non-binding basis, the frequency of advisory stockholder voting to approve the compensation of the Company’s named executive officers. |
The stockholders recommended that the Company conduct advisory stockholder votes every three years by the votes set forth in the table below:
| THREE YEARS | TWO YEARS | ONE YEAR | ABSTAIN | |||
| 4,270,095 | 10,749 | 332,069 | 0 |
| (4) | Ratification of the selection of the Company’s independent registered public accounting firm for the 2015 fiscal year. |
The proposal was approved by the votes set forth in the table below:
| FOR | AGAINST | ABSTAIN | ||
| 4,298,107 | 308,297 | 8,112 |
Special Meeting of Stockholders
Also on December 30, 2015, Beijing time (December 29, 2015 U.S. Eastern Time), the Company held a special meeting of Stockholders (the “Special Meeting”). The following proposals, which are further described in the definitive proxy statement for the Special Meeting filed with the Securities and Exchange Commission on November 25, 2015 (the “Special Meeting Proxy Statement”), were submitted to the Company’s stockholders at the Special Meeting:
| (1) | Approval of a 1-for-50,000 reverse stock split of the Company’s common stock, wherein the Company would make a cash payment in lieu of issuing any fractional shares, as further described in the Special Meeting Proxy Statement (the “Transaction”). |
The proposal was approved by the votes set forth in the table below:
| FOR | AGAINST | ABSTAIN | ||
| 4,280,003 | 331,630 | 2,980 |
| (2) | Approval of the adjournment of the Special Meeting, if necessary or appropriate, to solicit additional proxies if there are insufficient votes at the time of the Special Meeting to approve the Transaction. |
The proposal was approved by the votes set forth in the table below:
| FOR | AGAINST | ABSTAIN | ||
| 4,287,014 | 313,717 | 13,782 |
Item 8.01. Other Events.
On December 30, 2015, the Company issued a press release announcing the re-election of all directors currently serving on its board of directors at the Annual Meeting, as specified in Item 5.07 above. A copy of this press release is attached hereto as Exhibit 99.1 and incorporated by reference herein.
Also on December 30, 2015, the Company issued another press release announcing the approval of the Transaction at the Special Meeting, as specified in Item 5.07 above. A copy of this press release is attached hereto as Exhibit 99.2 and incorporated by reference herein. The Board of Directors expects to establish a record date for the effectiveness of the reverse stock split approved by stockholders at the Special Meeting sometime in the first quarter of 2016.
Item 9.01. Financial Statements and Exhibits
(d) Exhibits
| 99.1 | Press Release announcing the re-election of all current directors, dated December 30, 2015. |
| 99.2 | Press Release announcing the approval of the Transaction, dated December 30, 2015. |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Dated: December 30, 2015 | CHINA HOUSING & LAND DEVELOPMENT, INC. | |
| By: | /s/ Pingji Lu | |
| Name: Pingji Lu Title: Chairman | ||