GENERAL MEETINGS: Outcome of Meeting
| LAY HONG BERHAD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 28 Sep 2020 |
| Time | 11:00 AM |
| Venue(s) |
Level 9, Wisma Lay Hong Jalan Empayar Off Persiaran Sultan Ibrahim/KU1 41150 Klang Selangor Darul Ehsan Malaysia |
| Outcome of Meeting | Lay Hong Berhad ("LHB") wishes to announce that at the 36th Annual General Meeting ("36th AGM") held today, all the Ordinary Resolutions as set out in the Notice of 36th AGM dated 21 August 2020 were duly passed by the shareholders of LHB. The voting in respect of the resolutions was carried out by way of a poll and the results were validated by Commercial Quest Sdn. Bhd., the Independent Scrutineer appointed for the purpose. The details of the said results are set out below. This announcement is dated 28 September 2020. |
Voting Results |
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1. Ordinary Resolution 1 |
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| Description |
To approve the payment of a Final Single Tier Dividend of 0.75 sen per ordinary share for the financial year ended 31 March 2020. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 109 | 11 |
| No. of Shares | 235,574,310 | 6,328 |
| % of Voted Shares | 99.9973 | 0.0027 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
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| Description |
To approve the payment of Directors Fees of RM323,000.00 for the financial year ended 31 March 2020. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 94 | 27 |
| No. of Shares | 235,469,610 | 129,028 |
| % of Voted Shares | 99.9452 | 0.0548 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
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| Description |
To re-elect Dato' Yeap Weng Hong as Director who retires pursuant to Clause 134 of the Company's Constitution. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 102 | 17 |
| No. of Shares | 235,337,010 | 36,928 |
| % of Voted Shares | 99.9843 | 0.0157 |
| Result | Accepted | |
4. Ordinary Resolution 4 |
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| Description |
To re-elect Dato' Yap Chor How as Director who retires pursuant to Clause 134 of the Company's Constitution. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 101 | 18 |
| No. of Shares | 235,322,010 | 54,928 |
| % of Voted Shares | 99.9767 | 0.0233 |
| Result | Accepted | |
5. Ordinary Resolution 5 |
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| Description |
To re-elect Mr. Yeap Fock Hoong as Director who retires pursuant to Clause 134 of the Company's Constitution. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 101 | 17 |
| No. of Shares | 235,322,010 | 36,928 |
| % of Voted Shares | 99.9843 | 0.0157 |
| Result | Accepted | |
6. Ordinary Resolution 6 |
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| Description |
To re-appoint Messrs Tai, Yapp & Co. PLT as Auditors for the financial year ending 31 March 2021 and to authorise the Directors to fix their remuneration. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 101 | 18 |
| No. of Shares | 235,322,010 | 54,928 |
| % of Voted Shares | 99.9767 | 0.0233 |
| Result | Accepted | |
7. Ordinary Resolution 7 |
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| Description |
Proposed Renewal of Existing Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 90 | 18 |
| No. of Shares | 1,047,520 | 54,928 |
| % of Voted Shares | 95.0176 | 4.9824 |
| Result | Accepted | |
8. Ordinary Resolution 8 |
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| Description |
Authority to Issue Shares Pursuant to Sections 75 and 76 of the Companies Act 2016. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 100 | 20 |
| No. of Shares | 235,216,510 | 160,528 |
| % of Voted Shares | 99.9318 | 0.0682 |
| Result | Accepted | |
Announcement Info
| Company Name | LAY HONG BERHAD |
| Stock Name | LAYHONG |
| Date Announced | 28 Sep 2020 |
| Category | General Meeting |
| Reference Number | GMA-28092020-00022 |
| Corporate Action ID | MY200928MEET0022 |