SEEHUP

0.885

-0.01 (-1.1%)

GENERAL MEETINGS: Outcome of Meeting

SEE HUP CONSOLIDATED BERHAD

Type of Meeting General
Indicator Outcome of Meeting
Date of Meeting 28 Sep 2020
Time 09:45 AM

Venue(s)
The Wembley Hotel, Wembley Room 8,

Jalan Magazine, 10300 Penang

Malaysia

Outcome of Meeting

The Board of Directors of See Hup Consolidated Berhad ("the Company") is pleased to announce that all the 9 Ordinary Resolutions as set out in the Notice of Twenty-Fourth Annual General Meeting ("24th AGM") of the Company dated 28 August 2020 were duly passed by the shareholders of the Company by way of poll at the AGM held today.

 

The results of the poll were duly verified by Messrs Quantegic Services Sdn Bhd, the independent scrutineer appointed by the Company.

 

Details of the said results are set out in the attachment.

 

This announcement is dated 28 September 2020.


Voting Results


1. Ordinary Resolution 1

Description
To re-elect the following Directors who retire in accordance with Clause 107 of the Companys Constitution:-
(a)	Lee Hean Huat
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 19 0
No. of Shares 30,020,536 0
% of Voted Shares 100.0000 0.0000
Result Accepted

2. Ordinary Resolution 2

Description
To re-elect the following Directors who retire in accordance with Clause 107 of the Companys Constitution:-
(b)	Datuk Haji Muhadzir Bin Mohd Isa
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 19 0
No. of Shares 30,020,536 0
% of Voted Shares 100.0000 0.0000
Result Accepted

3. Ordinary Resolution 3

Description
To approve the following payments to Directors of the Company: 
(a)	Directors' fees of RM58,000.00 for the financial year ended 31 March 2020.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 19 0
No. of Shares 30,020,536 0
% of Voted Shares 100.0000 0.0000
Result Accepted

4. Ordinary Resolution 4

Description
To approve the following payments to Directors of the Company: 
(b)	Directors' benefits of up to an aggregate amount of approximately RM43,000.00 from the period commencing this AGM through to the next AGM of the Company in 2021.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 19 0
No. of Shares 30,020,536 0
% of Voted Shares 100.0000 0.0000
Result Accepted

5. Ordinary Resolution 5

Description
To re-appoint Messrs UHY as Auditors of the Company for the ensuing year and to authorise the Directors to fix their remuneration.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 19 0
No. of Shares 30,020,536 0
% of Voted Shares 100.0000 0.0000
Result Accepted

6. Ordinary Resolution 6

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 19 0
No. of Shares 30,020,536 0
% of Voted Shares 100.0000 0.0000
Result Accepted

7. Ordinary Resolution 7

Description
Proposed Renewal of Shareholders Mandate for Recurrent Related Party Transactions of A Revenue or Trading Nature and the provision of financial assistance between the Company and its subsidiaries via the Centralised Treasury Management System.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 5 0
No. of Shares 2,631,710 0
% of Voted Shares 100.0000 0.0000
Result Accepted

8. Ordinary Resolution 8

Description
Proposed Renewal of Authority To Buy-Back its own shares by the Company
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 19 0
No. of Shares 30,020,536 0
% of Voted Shares 100.0000 0.0000
Result Accepted

9. Ordinary Resolution 9

Description
Retention of Ms Ng Sheik Nee as Independent Non-Executive Director of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 19 0
No. of Shares 30,020,536 0
% of Voted Shares 100.0000 0.0000
Result Accepted



Please refer attachment below.

Attachments

SHC-AGM2020-Outcome.pdf
962.7 kB




Announcement Info

Company Name SEE HUP CONSOLIDATED BERHAD
Stock Name SEEHUP
Date Announced 28 Sep 2020
Category General Meeting
Reference Number GMA-27082020-00042
Corporate Action ID MY200827MEET0039