GENERAL MEETINGS: Outcome of Meeting
| HOCK HENG STONE INDUSTRIES BHD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 24 Aug 2020 |
| Time | 10:30 AM |
| Venue(s) |
THE BOARD ROOM, ORNARESORT BERHAD, BATU 16, JALAN GAPAM, LADANG GAPAM, BEMBAN, 77200 MELAKA Malaysia |
| Outcome of Meeting | The Board of Directors of Hock Heng Stone Industries Bhd. (“HOCK HENG” or “the Company”) wishes to announce that the shareholders of the Company have approved all the resolutions as set out in the Notice of the Eleventh Annual General Meeting (“AGM”) dated 24 July 2020 at the Eleventh AGM held on 24 August 2020.
All the resolutions were voted by poll at the Eleventh AGM and the results were verified by the representative from Ivan Law & Co., the Independent Scrutineer appointed by the Company.
The details of the poll results are set out below.
This announcement is dated 24 August 2020. |
Voting Results |
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1. Resolution 1 |
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| Description |
Ordinary Resolution 1 - To approve the payment of Directors' fees amounting to RM444,280/- for the financial year ending 31 December 2020 |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 13 | 0 |
| No. of Shares | 50,422,650 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
2. Resolution 2 |
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| Description |
Ordinary Resolution 2 - To approve the payment of Directors' benefits payable up to an amount of RM20,000/- from 25 August 2020 until the next AGM of the Company in year 2021 |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 13 | 0 |
| No. of Shares | 50,422,650 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
3. Resolution 3 |
||
| Description |
Ordinary Resolution 3 - To re-elect Mr. Low Kim Hock who is retiring in accordance with Clause 118 of the Company's Constitution |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 13 | 0 |
| No. of Shares | 50,422,650 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
4. Resolution 4 |
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| Description |
Ordinary Resolution 4 - To re-elect Mr. Yap Koon Roy who is retiring in accordance with Clause 118 of the Company's Constitution |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 12 | 0 |
| No. of Shares | 50,392,650 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
5. Resolution 5 |
||
| Description |
Ordinary Resolution 5 - To re-elect Mr. Low Yong Seng who is retiring in accordance with Clause 118 of the Company's Constitution |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 13 | 0 |
| No. of Shares | 50,422,650 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
6. Resolution 6 |
||
| Description |
Ordinary Resolution 6 - To re-appoint Messrs. BDO PLT as 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 | 13 | 0 |
| No. of Shares | 50,422,650 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
7. Resolution 7 |
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| Description |
Ordinary Resolution 7 - Authority to Issue Shares pursuant to the Companies Act 2016 |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 13 | 0 |
| No. of Shares | 50,422,650 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
8. Resolution 8 |
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| Description |
Ordinary Resolution 8 - Proposed Retention of Mr. Peter Yong Kuen Fook as an Independent Non-Executive Director |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 12 | 0 |
| No. of Shares | 50,392,650 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
9. Resolution 9 |
||
| Description |
Ordinary Resolution 9 - Proposed Retention of Mr. Chong Peng Khang as an Independent Non-Executive Director |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 13 | 0 |
| No. of Shares | 50,422,650 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
10. Resolution 10 |
||
| Description |
Ordinary Resolution 10 - Proposed Retention of Mr. Yap Koon Roy as an Independent Non-Executive Director |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 13 | 0 |
| No. of Shares | 50,422,650 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
11. Resolution 11 |
||
| Description |
Ordinary Resolution 11 - Proposed Renewal of Existing Shareholders' Mandate for Existing Recurrent Related Party Transactions of a Revenue or Trading Nature |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 10 | 0 |
| No. of Shares | 42,273,450 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
12. Resolution 12 |
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| Description |
Ordinary Resolution 12 - Proposed Renewal of Authority for Share Buy-Back |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 13 | 0 |
| No. of Shares | 50,422,650 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
13. Resolution 13 |
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| Description |
Special Resolution - Proposed Change of Name from "Hock Heng Stone Industries Bhd." to "DFCITY Group Berhad" |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 13 | 0 |
| No. of Shares | 50,422,650 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
Announcement Info
| Company Name | HOCK HENG STONE INDUSTRIES BHD |
| Stock Name | HOKHENG |
| Date Announced | 24 Aug 2020 |
| Category | General Meeting |
| Reference Number | GMA-21082020-00026 |
| Corporate Action ID | MY200821MEET0026 |