GENERAL MEETINGS: Outcome of Meeting
| HUP SENG INDUSTRIES BERHAD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 18 May 2022 |
| 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 Thirtieth Annual General Meeting ("30th AGM") dated 20 April 2022 were duly passed by the shareholders of the Company by way of poll at the 30th AGM held on 18 May 2022.
The results of the poll of the 30th 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 30th AGM of the Company is attached herewith.
This announcement is dated 18 May 2022. |
Voting Results |
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1. 1 |
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| Description |
To approve the payment of Directors' fees and benefits of RM2,171,249 for the financial year ended 31 December 2021. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 155 | 51 |
| No. of Shares | 414,343,160 | 1,053,853 |
| % of Voted Shares | 99.7463 | 0.2537 |
| 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 RM59,000 from 19 May 2022 until the next Annual General Meeting (AGM) of the Company. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 153 | 53 |
| No. of Shares | 414,339,948 | 1,065,565 |
| % of Voted Shares | 99.7435 | 0.2565 |
| Result | Accepted | |
3. 3 |
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| Description |
To re-elect Dato' Keh (Kerk) Chu Koh who retires by rotation in accordance with Article 103 of the Company's Constitution and being eligible, offer himself for re-election. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 183 | 40 |
| No. of Shares | 484,654,686 | 1,072,320 |
| % of Voted Shares | 99.7792 | 0.2208 |
| Result | Accepted | |
4. 4 |
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| Description |
To re-elect Mr. Kerk Kar Han who retires by rotation in accordance with Article 103 of the Company's Constitution and being eligible, offer himself for re-election. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 183 | 40 |
| No. of Shares | 485,505,726 | 1,081,280 |
| % of Voted Shares | 99.7778 | 0.2222 |
| Result | Accepted | |
5. 5 |
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| Description |
To re-elect Mr. Kuo Liong Yok who retires in accordance with Article 112 of the Company's Constitution, being the first AGM after his appointment, and being eligible, offer himself for re-election. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 183 | 40 |
| No. of Shares | 487,827,059 | 1,073,280 |
| % of Voted Shares | 99.7805 | 0.2195 |
| Result | Accepted | |
6. 6 |
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| Description |
To re-elect Ms. Ho Wei Lih who retires in accordance with Article 112 of the Company's Constitution, being the first AGM after her appointment, and being eligible, offer herself for re-election. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 189 | 36 |
| No. of Shares | 492,785,892 | 250,780 |
| % of Voted Shares | 99.9491 | 0.0509 |
| Result | Accepted | |
7. 7 |
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| Description |
To re-elect Dr. Voon Yuen Hoong who retires in accordance with Article 112 of the Company's Constitution, being the first AGM after her appointment, and being eligible, offer herself for re-election. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 188 | 36 |
| No. of Shares | 492,782,892 | 250,780 |
| % of Voted Shares | 99.9491 | 0.0509 |
| Result | Accepted | |
8. 8 |
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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 | 200 | 24 |
| No. of Shares | 492,932,558 | 95,114 |
| % of Voted Shares | 99.9807 | 0.0193 |
| Result | Accepted | |
9. 9 |
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| Description |
Continuing in office of Raja Khairul Anuar bin Raja Mokhtar as Independent Non-Executive Director. (Tier 2) |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 180 | 42 |
| No. of Shares | 83,953,939 | 1,073,480 |
| % of Voted Shares | 98.7375 | 1.2625 |
| Result | Accepted | |
Please refer attachment below.
Announcement Info
| Company Name | HUP SENG INDUSTRIES BERHAD |
| Stock Name | HUPSENG |
| Date Announced | 18 May 2022 |
| Category | General Meeting |
| Reference Number | GMA-10052022-00009 |
| Corporate Action ID | MY220510MEET0007 |