SEEHUP

0.890

(%)

GENERAL MEETINGS: Outcome of Meeting

SEE HUP CONSOLIDATED BERHAD

Type of Meeting Annual General Meeting
Indicator Outcome of Meeting
Date of Meeting 11 Sep 2019
Time 11:30 AM
Venue 
The Wembley Hotel, Wembley Room 8, 
Jalan Magazine, 10300 Penang
Outcome of Meeting

The Board of Directors of See Hup Consolidated Berhad ("See Hup" or "the Company") is pleased to announce that all the 9 Ordinary Resolutions and the sole Special Resolution as set out in the Notice of Twenty-Third Annual General Meeting ("23rd AGM") of the Company dated 31 July 2019 were duly passed by the shareholders of the Company by way of poll at the AGM held today. The results of the poll were duly verified by Quantegic Services Sdn Bhd, the independent scrutineer appointed by the Company.

Voting Results

Resolution Vote in favour Vote Against Results
No. of Shares % No. of Shares % 
1.   Re-election of Lee Phay Chian as Director pursuant to Article 96 of the Company’s Constitution.
 37,205,659 100.000000 0 0.000000 Carried 
2.    Re-election of Mak Cheow Yeong as Director pursuant to Article 96 of the Company’s Constitution.
 37,205,659 100.000000 0 0.000000 Carried 
3.   Approval of Directors’ fees of RM58,000.00 for the financial year ended 31 March 2019.
 35,411,129 100.000000 0 0.000000 Carried 
4.   Approval of Directors’ benefits of up to an aggregate amount of approximately RM43,000.00 from the period commencing this AGM through to the next AGM of the Company in 2020.
 35,376,129 100.000000 0 0.000000 Carried 
5.   Re-appointment of Messrs UHY as Auditors of the Company for the ensuing year and to authorise the Directors to fix their remuneration.
 37,170,659 100.000000 0 0.000000 Carried 
6.   Authority to issue shares pursuant to Sections 75 and 76 of the Companies Act 2016.
 37,205,659 100.000000 0 0.000000 Carried 
7.   Proposed new and renewal of shareholders' mandate for recurrent related party transactions of a revenue or trading nature and the provision of financial assistance between the Company and its subsidiaries via the Centralised Treasury Management System
 2,431,810 100.000000 0 0.000000 Carried 
8.   Proposed renewal of authority to buy-back its own shares by the Company
 37,205,659 100.000000 0 0.000000 Carried 
9. Retention of Ng Sheik Nee as Independent Non-Executive  Director
 37,185,659 100.000000 0 0.000000 Carried 
10. Proposed adoption of new Constitution of the Company
 37,205,659 100.000000 0 0.000000 Carried


Please refer attachment below.

Attachments

SHC-2019AGM-Outcome.pdf
93.5 kB


Announcement Info

Company Name SEE HUP CONSOLIDATED BERHAD
Stock Name SEEHUP
Date Announced 11 Sep 2019
Category General Meeting
Reference Number GMA-10092019-00008


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