GENERAL MEETINGS: Outcome of Meeting
| HUP SENG INDUSTRIES BERHAD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 20 May 2021 |
| Time | 11:00 AM |
| Venue(s) |
Tricor Leadership Room, Unit 32-01, Level 32, Tower A Vertical Business Suite, Avenue 3, Bangsar South No. 8, Jalan Kerinchi, 59200 Kuala Lumpur Malaysia |
| Outcome of Meeting | The Board of Directors of Hup Seng Industries Berhad ("the Company") wishes to announce that all the resolutions set out in the Notice of Twenty-Ninth Annual General Meeting ("29th AGM") dated 22 April 2021 were duly passed by the shareholders of the Company by way of poll at the 29th AGM held on 20 May 2021.
The results of the poll of the 29th AGM of the Company were validated by Coopers Professional Scrutineers Sdn Bhd, the Scrutineer appointed by the Company.
The results of the poll of the 29th AGM of the Company is attached herewith.
This announcement is dated 20 May 2021. |
Voting Results |
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1. 1 |
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| Description |
To approve the payment of Directors fees and benefits of RM2,221,709 for the financial year ended 31 December 2020. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 196 | 41 |
| No. of Shares | 432,405,063 | 1,003,801 |
| % of Voted Shares | 99.7684 | 0.2316 |
| Result | Accepted | |
2. 2 |
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| Description |
To approve the payment of Directors benefits in accordance with Section 230(1) of the Companies Act 2016 up to an amount of RM55,500 from 21 May 2021 until the next AGM of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 197 | 40 |
| No. of Shares | 432,425,163 | 983,701 |
| % of Voted Shares | 99.7730 | 0.2270 |
| Result | Accepted | |
3. 3 |
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| Description |
To re-elect Mr Kerk Chiew Siong who retires in accordance with Article 76 of the Company's Articles of Association. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 229 | 26 |
| No. of Shares | 498,921,056 | 1,004,801 |
| % of Voted Shares | 99.7990 | 0.2010 |
| Result | Accepted | |
4. 4 |
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| Description |
To re-elect Puan Mazrina Binti Arifin who retires in accordance with Article 76 of the Company's Articles of Association. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 217 | 36 |
| No. of Shares | 495,478,122 | 17,147,101 |
| % of Voted Shares | 96.6550 | 3.3450 |
| Result | Accepted | |
5. 5 |
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| Description |
To re-elect Puan Norita Binti Ja'afar who retires in accordance with Article 76 of the Company's Articles of Association. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 219 | 36 |
| No. of Shares | 495,498,522 | 17,143,701 |
| % of Voted Shares | 96.6558 | 3.3442 |
| Result | Accepted | |
6. 6 |
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| Description |
To re-appoint Ernst & Young PLT, the retiring auditors, as the auditors of the Company until the conclusion of the next AGM and to authorise the Directors to fix their remuneration. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 231 | 23 |
| No. of Shares | 511,807,722 | 811,501 |
| % of Voted Shares | 99.8417 | 0.1583 |
| Result | Accepted | |
7. 7 |
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| Description |
Continuing in office of Puan Mazrina Binti Arifin as Independent Non-Executive Director. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 1 | 0 |
| No. of Shares | 408,000,753 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
8. 8 |
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| Description |
Continuing in office of Puan Norita Binti Ja'afar as Independent Non-Executive Director. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 1 | 0 |
| No. of Shares | 408,000,753 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
9. 7 |
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| Description |
Continuing in office of Puan Mazrina Binti Arifin as Independent Non-Executive Director. (Tier 2) |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 210 | 40 |
| No. of Shares | 86,889,269 | 17,711,201 |
| % of Voted Shares | 83.0678 | 16.9322 |
| Result | Accepted | |
10. 8 |
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| Description |
Continuing in office of Puan Norita Binti Ja'afar as Independent Non-Executive Director. (Tier 2) |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 211 | 39 |
| No. of Shares | 86,893,369 | 17,707,101 |
| % of Voted Shares | 83.0717 | 16.9283 |
| Result | Accepted | |
Please refer attachment below.
Announcement Info
| Company Name | HUP SENG INDUSTRIES BERHAD |
| Stock Name | HUPSENG |
| Date Announced | 20 May 2021 |
| Category | General Meeting |
| Reference Number | GMA-20052021-00023 |
| Corporate Action ID | MY210520MEET0018 |