GENERAL MEETINGS: Outcome of Meeting
| KEIN HING INTERNATIONAL BERHAD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 13 Oct 2022 |
| Time | 10:00 AM |
| Venue(s) |
Fully virtual manner at the Broadcast Venue in Tricor Business Centre, Manuka 2 & 3 Meeting Room, Unit 29-01, Level 29, 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 ("the Company") wishes to announce that the shareholders of the Company have at the Nineteenth Annual General Meeting ("AGM") held this morning at 10:00 a.m. passed all the resolutions set out in the Notice of AGM dated 26 August 2022 by way of poll. The results of the poll were validated by the Poll Administrator, Tricor Investor & Issuing House Services Sdn. Bhd.and Strategy Corporate House Sdn. Bhd., the independent scrutineer, appointed by the Company.
This announcement is dated 13 October 2022. |
Voting Results |
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1. RESOLUTION 1 |
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| Description |
To approve the Aggregate Directors' fees and benefits of an amount not exceeding RM270,000 from 14 October 2022 until the Twentieth Annual General Meeting of the Company. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 276 | 30 |
| No. of Shares | 81,882,059 | 5,922 |
| % of Voted Shares | 99.9928 | 0.0072 |
| Result | Accepted | |
2. RESOLUTION 2 |
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| Description |
To approve a First and Final Single-Tier Dividend of 1.5 sen per ordinary share for the year ended 30 April 2022. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 285 | 22 |
| No. of Shares | 81,884,901 | 3,081 |
| % of Voted Shares | 99.9962 | 0.0038 |
| Result | Accepted | |
3. RESOLUTION 3 |
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| Description |
To re-elect the following Directors who are retiring in accordance with Clause 92 of the Company's Constitution: Mr. Yap Toon Choy. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 286 | 21 |
| No. of Shares | 81,883,901 | 4,081 |
| % of Voted Shares | 99.9950 | 0.0050 |
| Result | Accepted | |
4. RESOLUTION 4 |
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| Description |
To re-elect the following Directors who are retiring in accordance with Clause 92 of the Company's Constitution: Madam Yong Elaine. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 285 | 22 |
| No. of Shares | 81,883,790 | 4,192 |
| % of Voted Shares | 99.9949 | 0.0051 |
| Result | Accepted | |
5. 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 | 285 | 22 |
| No. of Shares | 81,881,101 | 6,881 |
| % of Voted Shares | 99.9916 | 0.0084 |
| Result | Accepted | |
6. 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 | 284 | 23 |
| No. of Shares | 81,880,991 | 6,991 |
| % of Voted Shares | 99.9915 | 0.0085 |
| Result | Accepted | |
7. 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 | 283 | 22 |
| No. of Shares | 17,696,442 | 6,881 |
| % of Voted Shares | 99.9611 | 0.0389 |
| Result | Accepted | |
8. 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 | 284 | 23 |
| No. of Shares | 81,833,901 | 54,081 |
| % of Voted Shares | 99.9340 | 0.0660 |
| Result | Accepted | |
9. 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 | 284 | 23 |
| No. of Shares | 81,840,900 | 47,082 |
| % of Voted Shares | 99.9425 | 0.0575 |
| Result | Accepted | |
10. RESOLUTION 10 |
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| Description |
Authority for Mr. Darsan Singh A/L Balwant Singh to continue in office as Independent Director. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 285 | 22 |
| No. of Shares | 81,884,911 | 3,071 |
| % of Voted Shares | 99.9962 | 0.0038 |
| Result | Accepted | |
11. RESOLUTION 11 |
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| Description |
Authority for Mr. Swee Soo Mang to continue in office as Independent Director. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 285 | 22 |
| No. of Shares | 81,884,911 | 3,071 |
| % of Voted Shares | 99.9962 | 0.0038 |
| Result | Accepted | |
12. RESOLUTION 12 |
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| Description |
Authority for Mr. Gan Chee Tsong to continue in office as Independent Director. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 285 | 22 |
| No. of Shares | 81,844,911 | 3,071 |
| % of Voted Shares | 99.9962 | 0.0038 |
| Result | Accepted | |
Please refer attachment below.
Announcement Info
| Company Name | KEIN HING INTERNATIONAL BERHAD |
| Stock Name | KEINHIN |
| Date Announced | 13 Oct 2022 |
| Category | General Meeting |
| Reference Number | GMA-13102022-00004 |
| Corporate Action ID | MY221013MEET0004 |