GENERAL MEETINGS: Outcome of Meeting
| LII HEN INDUSTRIES BHD. |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 15 Jun 2022 |
| Time | 11:00 AM |
| Venue(s) |
Meeting hosted virtually through the online meeting platform at https://agm.digerati.com.my/pasb-online Malaysia |
| Outcome of Meeting | The Board of Directors of Lii Hen Industries Bhd. ("LHIB" or "the Company") wishes to announce that all the resolutions as set out in the Notice of the Twenty-Eight Annual General Meeting ("28th AGM") dated 29 April 2022 were duly passed by the shareholders of LHIB in the 28th AGM held on 15 June 2022.
The voting on all the resolutions were carried out by way of poll and the results were validated by Quantegic Services Sdn. Bhd., an independent scrutineer appointed by the Company. Details of the said results are as set out in the attachment. |
Voting Results |
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1. Ordinary Resolution 1 |
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| Description |
To re-elect Mr Chua Yong Haup who retires in accordance with Clause 149 of the Company's Constitution. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 119 | 6 |
| No. of Shares | 87,684,004 | 120,841 |
| % of Voted Shares | 99.8624 | 0.1377 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
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| Description |
To re-elect Mr Chik Chan Chee @ Cheok Chan Chee who retires in accordance with Clause 149 of the Company's Constitution. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 113 | 12 |
| No. of Shares | 86,669,385 | 1,135,460 |
| % of Voted Shares | 98.7068 | 1.2932 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
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| Description |
To re-elect Mr Lee Min On who retires in accordance with Clause 149 of the Company's Constitution. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 114 | 11 |
| No. of Shares | 86,733,985 | 1,070,860 |
| % of Voted Shares | 98.7804 | 1.2196 |
| Result | Accepted | |
4. Ordinary Resolution 4 |
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| Description |
To approve the payment of Directors' fees of up to RM115,000 in aggregate to the Directors of the Company for the financial year ending 31 December 2022. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 114 | 9 |
| No. of Shares | 87,682,024 | 54,402 |
| % of Voted Shares | 99.9380 | 0.0620 |
| Result | Accepted | |
5. Ordinary Resolution 5 |
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| Description |
To approve the payment of Directors' benefits of up to RM300,000 in aggregate to the Independent Non-Executive Directors of the Company during the course of the period from 16 June 2022 until the next Annual General Meeting of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 107 | 17 |
| No. of Shares | 86,719,505 | 1,057,566 |
| % of Voted Shares | 98.7952 | 1.2048 |
| Result | Accepted | |
6. Ordinary Resolution 6 |
||
| Description |
To re-appoint Messrs. Peter Chong & Co. as Auditors of the Company and to authorise the Directors to determine their remuneration. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 122 | 3 |
| No. of Shares | 87,749,145 | 55,700 |
| % of Voted Shares | 99.9366 | 0.0634 |
| Result | Accepted | |
7. Ordinary Resolution 7 |
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| Description |
Authority to Issue Shares pursuant to the Companies Act 2016. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 116 | 9 |
| No. of Shares | 87,716,843 | 88,002 |
| % of Voted Shares | 99.8998 | 0.1002 |
| Result | Accepted | |
8. Ordinary Resolution 8 |
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| Description |
Proposed Renewal of Shareholders Mandate for Recurrent Related Party Transactions of Revenue or Trading Nature. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 107 | 6 |
| No. of Shares | 7,295,917 | 37,902 |
| % of Voted Shares | 99.4832 | 0.5168 |
| Result | Accepted | |
9. Ordinary Resolution 9 (Tier 1) |
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| Description |
Continuing in Office as Independent Non-Executive Director. (Tier 1) |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 2 | 0 |
| No. of Shares | 77,058,510 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
10. Ordinary Resolution 9 (Tier 2) |
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| Description |
Continuing in Office as Independent Non-Executive Director. (Tier 2) |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 113 | 10 |
| No. of Shares | 10,536,394 | 209,941 |
| % of Voted Shares | 98.0464 | 1.9536 |
| Result | Accepted | |
Please refer attachment below.
Announcement Info
| Company Name | LII HEN INDUSTRIES BHD. |
| Stock Name | LIIHEN |
| Date Announced | 15 Jun 2022 |
| Category | General Meeting |
| Reference Number | GMA-15062022-00016 |
| Corporate Action ID | MY220615MEET0015 |