GENERAL MEETINGS: Outcome of Meeting
| HO HUP CONSTRUCTION COMPANY BHD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 22 Jul 2020 |
| Time | 10:00 AM |
| Venue(s) |
Bukit Jalil Golf & Country Resort Perdana Ballroom, Jalan Jalil Perkasa 3 Bukit Jalil, 57000 Kuala Lumpur Malaysia |
| Outcome of Meeting | Ho Hup Construction Company Berhad ("Ho Hup") is pleased to announce that at the Forty-Sixth Annual General Meeting ("46th AGM") of Ho Hup held today, all the resolutions as set out in the Notice of 46th AGM dated 26 June 2020, were duly passed by the shareholders of Ho Hup.
The voting in respect of the resolutions was carried out by way of a poll and the results were validated by Sharepolls Sdn. Bhd., the Independent Scrutineer appointed by the Company. Details of the said results are set out in the attachment.
This announcement is dated 22 July 2020. |
Voting Results |
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1. 1 |
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| Description |
To approve the payment of Directors' fee of RM330,000 for the financial year ending 31 December 2020, to be payable on a quarterly basis in arrears. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 25 | 0 |
| No. of Shares | 172,888,511 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
2. 2 |
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| Description |
To approve the payment of Directors' benefits up to an amount of RM65,000 from 23 July 2020 until the next Annual General Meeting of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 25 | 1 |
| No. of Shares | 172,818,381 | 100 |
| % of Voted Shares | 99.9999 | 0.0001 |
| Result | Accepted | |
3. 3 |
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| Description |
To re-elect Dato' Mah Siew Kwok who retires in accordance with Clause 93 of the Company's Constitution. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 18 | 4 |
| No. of Shares | 93,595,849 | 70,792,132 |
| % of Voted Shares | 56.9359 | 43.0641 |
| Result | Accepted | |
4. 4 |
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| Description |
To re-elect Mr. Chow Seck Kai who retires in accordance with Clause 93 of the Company's Constitution. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 23 | 1 |
| No. of Shares | 172,200,981 | 100 |
| % of Voted Shares | 99.9999 | 0.0001 |
| Result | Accepted | |
5. 5 |
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| Description |
To re-elect Mr. Boey Tak Kong who retires in accordance with Clause 93 of the Company's Constitution. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 22 | 1 |
| No. of Shares | 153,791,707 | 100 |
| % of Voted Shares | 99.9999 | 0.0001 |
| Result | Accepted | |
6. 6 |
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| Description |
To re-appoint Messrs. UHY as Auditors of the Company for the ensuing year and to authorise the Board of Directors to fix their remuneration. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 21 | 2 |
| No. of Shares | 155,205,307 | 27,100 |
| % of Voted Shares | 99.9825 | 0.0175 |
| Result | Accepted | |
7. 7 |
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| Description |
Continuation in office of Mr. Chow Seck Kai as Independent Non-Executive Director. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 21 | 1 |
| No. of Shares | 155,907,307 | 100 |
| % of Voted Shares | 99.9999 | 0.0001 |
| Result | Accepted | |
8. 8 |
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| Description |
Authority to allot and issue shares pursuant to Sections 75 and 76 of the Companies Act, 2016. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 21 | 1 |
| No. of Shares | 126,314,682 | 100 |
| % of Voted Shares | 99.9999 | 0.0001 |
| Result | Accepted | |
9. 9 |
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| Description |
Proposed Authority for the Company to Purchase its own Ordinary Shares. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 21 | 0 |
| No. of Shares | 155,954,107 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
10. 10 |
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| Description |
Proposed Renewal of Existing Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature as set out in Section 2.4 of the Circular to Shareholders dated 26 June 2020. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 11 | 0 |
| No. of Shares | 7,160,524 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
Please refer attachment below.
Announcement Info
| Company Name | HO HUP CONSTRUCTION COMPANY BHD |
| Stock Name | HOHUP |
| Date Announced | 22 Jul 2020 |
| Category | General Meeting |
| Reference Number | GMA-21072020-00004 |
| Corporate Action ID | MY200721MEET0004 |