GENERAL MEETINGS: Outcome of Meeting
| KEIN HING INTERNATIONAL BERHAD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 15 Oct 2020 |
| Time | 10:00 AM |
| Venue(s) |
Broadcast Venue in Tricor Leadership Room Unit 32-01, Level 32, Tower A, Vertical Business Suites, Avenue 3, Bangsar South, No. 8, Jalan Kerinchi 59200 Kuala Lumpur Malaysia |
| Outcome of Meeting | The Board of Directors of Kein Hing International Berhad (“Kein Hing” or “the Company”) is pleased to announce that all the resolutions as set out in the Notice of Seventeenth Annual General Meeting (“AGM”) dated 28 August 2020 were duly passed by way of poll at the Seventeenth AGM held on 15 October 2020. The results of the poll were validated by Strategy Corporate House Sdn Bhd, the independent scrutineer appointed by KHIB.
Please refer to the attachment for the details of the result of the poll.
This announcement is dated 15 October 2020.
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Voting Results |
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1. Ordinary Resolution 1 |
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| Description |
To approve the Aggregate Directors fees and benefits of an amount not exceeding RM180,000 from 15 October 2020 until the Eighteenth Annual General Meeting of the Company. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 124 | 7 |
| No. of Shares | 84,733,989 | 3,920 |
| % of Voted Shares | 99.9954 | 0.0046 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
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| Description |
To re-elect Madam Yong Elaine who is retiring in accordance with Clause 92 of the Company's Constitution. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 125 | 6 |
| No. of Shares | 84,735,199 | 2,710 |
| % of Voted Shares | 99.9968 | 0.0032 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
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| Description |
To re-elect Mr. Swee Soo Mang who is retiring in accordance with Clause 92 of the Company's Constitution. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 125 | 6 |
| No. of Shares | 84,735,199 | 2,710 |
| % of Voted Shares | 99.9968 | 0.0032 |
| Result | Accepted | |
4. Ordinary Resolution 4 |
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| Description |
To re-elect Mr. Khor Yew Chye who is retiring in accordance with Clause 92 of the Companys Constitution. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 123 | 6 |
| No. of Shares | 84,691,259 | 2,710 |
| % of Voted Shares | 99.9968 | 0.0032 |
| Result | Accepted | |
5. Ordinary Resolution 5 |
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| Description |
To re-appoint Messrs. KPMG PLT, the retiring 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 | 125 | 5 |
| No. of Shares | 84,703,579 | 1,500 |
| % of Voted Shares | 99.9982 | 0.0018 |
| Result | Accepted | |
6. Ordinary Resolution 6 |
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| Description |
Authority to Directors 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 | 124 | 7 |
| No. of Shares | 84,733,989 | 3,920 |
| % of Voted Shares | 99.9954 | 0.0046 |
| Result | Accepted | |
7. Ordinary Resolution 7 |
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| Description |
Proposed renewal of shareholders mandate for recurrent related party transactions of a revenue or trading nature with T.C.Yap Holdings Sdn. Bhd. and Mr. Yap Toon Choy |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 122 | 7 |
| No. of Shares | 20,549,330 | 3,920 |
| % of Voted Shares | 99.9809 | 0.0191 |
| Result | Accepted | |
8. Ordinary Resolution 8 |
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| Description |
Proposed renewal of shareholders mandate for recurrent related party transactions of a revenue or trading nature with Kam Loong Mining Sdn. Bhd. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 121 | 7 |
| No. of Shares | 71,789,359 | 3,920 |
| % of Voted Shares | 99.9945 | 0.0055 |
| Result | Accepted | |
9. Ordinary Resolution 9 |
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| Description |
Proposed renewal of shareholders mandate for share buy-back |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 124 | 7 |
| No. of Shares | 84,733,989 | 3,920 |
| % of Voted Shares | 99.9954 | 0.0046 |
| Result | Accepted | |
10. Ordinary Resolution 10 |
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| Description |
Authority for Mr. Darsan Singh A/L Balwant Singh to continue in office as Independent Non-Executive Director |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 125 | 6 |
| No. of Shares | 84,735,199 | 2,710 |
| % of Voted Shares | 99.9968 | 0.0032 |
| Result | Accepted | |
11. Ordinary Resolution 11 |
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| Description |
Authority for Mr. Swee Soo Mang to continue in office as Independent Non-Executive Director |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 125 | 6 |
| No. of Shares | 84,735,199 | 2,710 |
| % of Voted Shares | 99.9968 | 0.0032 |
| Result | Accepted | |
12. Ordinary Resolution 12 |
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| Description |
Authority for Mr. Gan Chee Tsong to continue in office as Independent Non-Executive Director |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 124 | 6 |
| No. of Shares | 84,702,369 | 2,710 |
| % of Voted Shares | 99.9968 | 0.0032 |
| Result | Accepted | |
Please refer attachment below.
Announcement Info
| Company Name | KEIN HING INTERNATIONAL BERHAD |
| Stock Name | KEINHIN |
| Date Announced | 15 Oct 2020 |
| Category | General Meeting |
| Reference Number | GMA-13102020-00005 |
| Corporate Action ID | MY201013MEET0004 |