NOVA LIFESTYLE, INC. (NASDAQ:NVFY) Files An 8-K Submission of Matters to a Vote of Security Holders

ME Staff 8-k
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NOVA LIFESTYLE, INC. (NASDAQ:NVFY) Files An 8-K Submission of Matters to a Vote of Security Holders

Item 5.07

Submission of Matters to a Vote of Security Holders.
On June 8, 2017, Nova Life>Company), held its 2017 Annual Meeting of Shareholders. A
quorum was present at the meeting as required by the Amended and
Restated Bylaws of the Company. The final voting results of the
matters submitted to a shareholder vote at the meeting are as
follows:
Proposal 1: Election of Directors
The following five individuals were elected to the Board of
Directors of the Company to serve as directors until the 2018
Annual Meeting of Shareholders and until their successors have
been duly elected and qualified by votes as follows:
Nominees
Votes
Cast For
Votes
Withheld
Broker
Non-Votes
Yuen Ching Ho
12,942,360
107,834
2,923,692
Thanh H. Lam
12,944,202
105,992
2,923,692
Bin Liu
12,913,646
136,548
2,923,692
Huy (Charlie) La
12,943,602
106,592
2,923,692
Umesh Patel
12,943,602
106,592
2,923,692
Proposal 2: Approval and Ratification of the Appointment
of Centurion ZD CPA as the Companys Independent Registered
Public Accounting Firm
The shareholders approved and ratified the appointment of
Centurion ZD CPA as the Companys independent registered public
accounting firm for the fiscal year ending December 31, 2017, as
follows:
For
Against
Abstain
Broker Non-Votes
15,864,163
95,367
14,356
N/A
Proposal 3: Advisory Vote on the Compensation of Named
Executive Officers
The shareholders approved, on an advisory, non-binding basis,
the compensation of our named executive officers as follows:
For
Against
Abstain
Broker Non-Votes
12,764,402
263,573
22,219
2,923,692


About NOVA LIFESTYLE, INC. (NASDAQ:NVFY)

Nova LifeStyle, Inc. is a manufacturer of contemporary styled residential furniture incorporated into a marketing and sales platform offering retail, as well as online selection. The Company operates through the design, manufacture and sale of furniture segment. The Company monitors trending and work to create design elements that are then integrated into its product lines that can be used as standalone, as well as whole room and home furnishing solutions. Through its global network, the Company also sells (through a third-party manufacturing partner) a range of bedding foundation components. Its LifeStyle brand family includes Diamond Sofa (www.diamondsofa.com), Colorful World, Giorgio Mobili and Bright Swallow International Group Limited (Bright Swallow). The Company’s customers principally consist of distributors and retailers having a specific geographic coverage that deploy middle to high-end private label home furnishings.