HUPSENG

0.815

-0.01 (-1.2%)

GENERAL MEETINGS: Outcome of Meeting

HUP SENG INDUSTRIES BERHAD

Type of Meeting General
Indicator Outcome of Meeting
Date of Meeting 14 Jul 2020
Time 11:00 AM

Venue(s)
Broadcast venue

Tricor Leadership Room, Unit 32-01, Level 32, Tower A

Vertical Business Suite, Avenue 3, Bangsar South

No. 8, Jalan Kerinchi, 59200 Kuala Lumpur

Malaysia

Outcome of Meeting

The Board of Directors of Hup Seng Industries Berhad ("the Company") wishes to announce that all the resolutions set out in the Notice of Twenty-Eighth Annual General Meeting ("28th AGM") dated 15 June 2020 were duly passed by the shareholders of the Company by way of poll at the 28th AGM held on 14 July 2020.

 

The results of the poll of the 28th AGM of the Company were validated by Coopers Professional Scrutineers Sdn Bhd, the Scrutineer appointed by the Company. 

 

The results of the poll of the 28th AGM of the Company is attached herewith.

 

This announcement is dated 14 July 2020.


Voting Results


1. 1

Description
To approve the payment of Directors fees and benefits of RM2,256,178 for the financial year ended 31 December 2019. 
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 99 11
No. of Shares 455,566,032 631,900
% of Voted Shares 99.8610 0.1390
Result Accepted

2. 2

Description
To approve the payment of Directors benefits in accordance with Section 230(1) of the Companies Act 2016 up to an amount of RM98,000 from 15 July 2020 until the next AGM of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 98 12
No. of Shares 455,567,932 635,700
% of Voted Shares 99.8610 0.1390
Result Accepted

3. 3

Description
To re-elect Mr. Kuo Choo Song who retires in accordance with Article 76 of the Company's Articles of Association.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 121 7
No. of Shares 532,659,725 615,000
% of Voted Shares 99.8850 0.1150
Result Accepted

4. 4

Description
To re-elect Ms. Kerk Chian Tung who retires in accordance with Article 76 of the Company's Articles of Association.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 122 6
No. of Shares 519,928,392 613,000
% of Voted Shares 99.8820 0.1180
Result Accepted

5. 5

Description
To re-elect Mr. Teo Lee Teck who retires in accordance with Article 76 of the Company's Articles of Association.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 121 7
No. of Shares 528,499,725 615,000
% of Voted Shares 99.8840 0.1160
Result Accepted

6. 6

Description
To re-appoint Messrs Ernst & Young PLT, the retiring auditors, as the auditors of the Company until the conclusion of the next AGM and to authorise the Directors to fix their remuneration. 
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 124 5
No. of Shares 533,662,725 612,000
% of Voted Shares 99.8850 0.1150
Result Accepted

7. 7

Description
Continuing in office of Puan Mazrina Binti Arifin as Independent Non-Executive Director. (Tier 1)
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 1 0
No. of Shares 408,000,753 0
% of Voted Shares 100.0000 0.0000
Result Accepted

8. 7

Description
Continuing in office of Puan Mazrina Binti Arifin as Independent Non-Executive Director. (Tier 2)
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 115 13
No. of Shares 105,216,972 21,057,000
% of Voted Shares 83.3240 16.6760
Result Accepted

9. 8

Description
Continuing in office of Puan Norita Binti Ja'afar as Independent Non-Executive Director. (Tier 1)
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 1 0
No. of Shares 408,000,753 0
% of Voted Shares 100.0000 0.0000
Result Accepted

10. 8

Description
Continuing in office of Puan Norita Binti Ja'afar as Independent Non-Executive Director. (Tier 2)
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 115 13
No. of Shares 105,216,972 21,057,000
% of Voted Shares 83.3240 16.6760
Result Accepted

11. 9

Description
To adopt the new Constitution of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 122 6
No. of Shares 533,659,325 614,000
% of Voted Shares 99.8850 0.1150
Result Accepted



Please refer attachment below.

Attachments

HSIB Poll Result.pdf
428.0 kB




Announcement Info

Company Name HUP SENG INDUSTRIES BERHAD
Stock Name HUPSENG
Date Announced 14 Jul 2020
Category General Meeting
Reference Number GMA-11072020-00001
Corporate Action ID MY200711MEET0001