GENERAL MEETINGS: Outcome of Meeting
HOCK SENG LEE BERHAD |
Type of Meeting | General |
Indicator | Outcome of Meeting |
Date of Meeting | 18 Jun 2020 |
Time | 09:30 AM |
Venue(s) |
Grand Margherita Hotel Jalan Tunku Abdul Rahman 93748 Kuching Sarawak Malaysia |
Outcome of Meeting | The Board of Directors of Hock Seng Lee Berhad ("the Company") wishes to announce that at its Thirty-Nineth Annual General Meeting ("39th AGM") held this morning, all the ordinary resolutions as set out in the Notice of 39th AGM dated 18 June 2020 were duly approved by the shareholders of the Company.
All the ordinary resolutions were voted by poll and the results of the poll were validated by KSK Corporate Services Sdn Bhd, an Independent Scrutineer appointed by the Company.
The detailed results of the poll are set out in the table of "Voting Results" below. |
Voting Results |
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1. 1 |
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Description |
Declaration of a final single tier exempt dividend of 1.4 sen per ordinary share for the financial year ended 31 December 2019. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 30 | 0 |
No. of Shares | 452,401,429 | 0 |
% of Voted Shares | 100.0000 | 0.0000 |
Result | Accepted | |
2. 2 |
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Description |
Approval of the payment of Directors' fees of up to RM55,300 for the financial year ended 31 December 2019. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 29 | 0 |
No. of Shares | 452,114,279 | 0 |
% of Voted Shares | 100.0000 | 0.0000 |
Result | Accepted | |
3. 3 |
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Description |
Approval of the payment of Directors' fees of up to RM297,700 for the financial year ending 31 December 2020. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 29 | 0 |
No. of Shares | 452,114,279 | 0 |
% of Voted Shares | 100.0000 | 0.0000 |
Result | Accepted | |
4. 4 |
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Description |
Approval of the payment of Directors' remuneration (excluding Directors' fees) of up to an amount of RM80,000 from the date of passing of this resolution until the next AGM of the Company. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 28 | 0 |
No. of Shares | 444,621,379 | 0 |
% of Voted Shares | 100.0000 | 0.0000 |
Result | Accepted | |
5. 5 |
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Description |
Re-election of Datu Sudarsono Bin Osman as Director. |
|
Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 30 | 0 |
No. of Shares | 452,401,429 | 0 |
% of Voted Shares | 100.0000 | 0.0000 |
Result | Accepted | |
6. 6 |
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Description |
Re-election of Datu Laura Lee Ngien Hion as Director. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 30 | 0 |
No. of Shares | 452,401,429 | 0 |
% of Voted Shares | 100.0000 | 0.0000 |
Result | Accepted | |
7. 7 |
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Description |
Re-election of Dato' Haji Idris Bin Buang as Director. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 25 | 5 |
No. of Shares | 365,874,929 | 86,526,500 |
% of Voted Shares | 80.8740 | 19.1260 |
Result | Accepted | |
8. 8 |
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Description |
Re-election of Dato Yu Chee Hoe as Director . |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 24 | 0 |
No. of Shares | 351,012,976 | 0 |
% of Voted Shares | 100.0000 | 0.0000 |
Result | Accepted | |
9. 9 |
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Description |
Re-election of Mr Tony Yu Yuong Wee as Director. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 26 | 0 |
No. of Shares | 371,646,829 | 0 |
% of Voted Shares | 100.0000 | 0.0000 |
Result | Accepted | |
10. 10 |
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Description |
Re-appointment of Messrs KPMG PLT as auditors of the Company and to authorise the Board of Directors to fix their remuneration. |
|
Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 26 | 0 |
No. of Shares | 371,646,829 | 0 |
% of Voted Shares | 100.0000 | 0.0000 |
Result | Accepted | |
11. 11 |
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Description |
Renewal of Authority for the Proposed Share Buy-Back. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 26 | 4 |
No. of Shares | 371,646,829 | 80,754,600 |
% of Voted Shares | 82.1498 | 17.8502 |
Result | Accepted | |
12. 12 |
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Description |
Renewal of Existing Shareholder Mandate in relation to the related party transactions involving recurrent transactions of a revenue or trading nature. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 22 | 0 |
No. of Shares | 104,904,946 | 0 |
% of Voted Shares | 100.0000 | 0.0000 |
Result | Accepted | |
13. 13 |
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Description |
To retain Dato' Haji Idris Bin Buang as an Independent Director. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 25 | 5 |
No. of Shares | 365,874,929 | 86,526,500 |
% of Voted Shares | 80.8740 | 19.1260 |
Result | Accepted | |
Please refer attachment below.
Announcement Info
Company Name | HOCK SENG LEE BERHAD |
Stock Name | HSL |
Date Announced | 18 Jun 2020 |
Category | General Meeting |
Reference Number | GMA-15062020-00015 |
Corporate Action ID | MY200615MEET0012 |