Highway Holdings Announces Annual General Meeting Results

HONG KONG, Sept. 08, 2016 (GLOBE NEWSWIRE) -- Highway Holdings Limited (Nasdaq:HIHO) today announced shareholders at the company’s recent annual general meeting approved and ratified (i) the election of the incumbent Class III directors, Roland W. Kohl, Tiko Aharonov and Irene Wong Ping Yim as Class III directors to serve until the 2019 annual general meeting of shareholders and until their successors are duly elected and qualified, and (ii) the appointment by the board of directors of Deloitte Touche Tohmatsu Hong Kong as the independent registered public accounting firm of the company for the fiscal year ending March 31, 2017.

About Highway Holdings
Highway Holdings produces a wide variety of high-quality products for blue chip original equipment manufacturers -- from simple parts and components to sub-assemblies and finished products. Highway Holdings’ administrative offices are located in Hong Kong, and its manufacturing facilities are located in Shenzhen in the People’s Republic of China and in Yangon in Myanmar.

Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements which involve risks and uncertainties, including but not limited to economic, competitive, governmental, political and technological factors affecting the company's revenues, operations, markets, products and prices, and other factors discussed in the company’s various filings with the Securities and Exchange Commission, including without limitation, the company’s annual reports on Form 20-F.

CONTACT: Gary S. Maier Maier & Company, Inc. (310) 471-1288

Source:Highway Holdings Limited