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 |
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1. 1 |
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Description |
To approve the payment of Directors fees and benefits of RM2,256,178 for the financial year ended 31 December 2019. |
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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 |
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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. |
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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 |
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Description |
To re-elect Mr. Kuo Choo Song who retires in accordance with Article 76 of the Company's Articles of Association. |
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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 |
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Description |
To re-elect Ms. Kerk Chian Tung who retires in accordance with Article 76 of the Company's Articles of Association. |
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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 |
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Description |
To re-elect Mr. Teo Lee Teck who retires in accordance with Article 76 of the Company's Articles of Association. |
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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 |
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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. |
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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 |
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Description |
Continuing in office of Puan Mazrina Binti Arifin as Independent Non-Executive Director. (Tier 1) |
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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 |
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Description |
Continuing in office of Puan Mazrina Binti Arifin as Independent Non-Executive Director. (Tier 2) |
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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 |
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Description |
Continuing in office of Puan Norita Binti Ja'afar as Independent Non-Executive Director. (Tier 1) |
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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 |
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Description |
Continuing in office of Puan Norita Binti Ja'afar as Independent Non-Executive Director. (Tier 2) |
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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 |
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Description |
To adopt the new Constitution of the Company. |
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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.
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 |