GENERAL MEETINGS: Outcome of Meeting
| SEE HUP CONSOLIDATED BERHAD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 19 Sep 2023 |
| Time | 09:45 AM |
| Venue(s) |
Conference Room, No. 1062, Mukim 6 Jalan Perusahaan, Kawasan Perusahaan Perai 13600 Perai, Pulau Pinang Malaysia Malaysia |
| Outcome of Meeting | The Board of Directors of See Hup Consolidated Berhad ("the Company") is pleased to announce that all the 8 Ordinary Resolutions as set out in the Notice of the Twenty-Seventh Annual General Meeting ("27th AGM") of the Company dated 31 July 2023 were duly passed by the shareholders of the Company by way of poll at the AGM held today.
The Audited Financial Statements for the financial year ended 31 March 2023 and the Reports of the Directors and Auditors thereon were duly tabled and received at the 27th AGM of the Company held under item 1 as set out in the Notice for the 27th AGM.
The results of the poll were duly verified by Messrs Quantegic Services Sdn. Bhd., the independent scrutineer appointed by the Company.
Details of the said voting results are as tabulated below.
This announcement is dated 19 September 2023. |
Voting Results |
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1. ORDINARY RESOLUTION 1 |
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| Description |
To re-elect Mr. Soon Gim Wooi, the Director who retires in accordance with Clause 114 of the Company's Constitution. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 19 | 0 |
| No. of Shares | 34,639,212 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
2. ORDINARY RESOLUTION 2 |
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| Description |
To approve the following payments to Directors of the Company: (a) Directors' fees of RM61,000.00 (2022: RM58,000.00) for the period commencing one day after this AGM through to the next AGM of the Company in 2024. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 16 | 1 |
| No. of Shares | 31,518,812 | 400 |
| % of Voted Shares | 99.9987 | 0.0013 |
| Result | Accepted | |
3. ORDINARY RESOLUTION 3 |
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| Description |
To approve the following payments to Directors of the Company: (b) Directors' benefits payable under Section 230 of the Companies Act 2016 of up to an aggregate amount of RM38,000.00 for the period commencing one day after this AGM through to the next AGM of the Company in 2024. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 16 | 1 |
| No. of Shares | 31,518,812 | 400 |
| % of Voted Shares | 99.9987 | 0.0013 |
| Result | Accepted | |
4. ORDINARY RESOLUTION 4 |
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| Description |
THAT Crowe Malaysia PLT be and are hereby appointed as auditors of the Company in place of the retiring auditors, UHY, and to hold office until the conclusion of the next Annual General Meeting of the Company AND THAT the Directors be authorised to fix their remuneration. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 19 | 0 |
| No. of Shares | 34,639,212 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
5. ORDINARY RESOLUTION 5 |
||
| Description |
Authority to issue shares pursuant to Sections 75 and 76 of the Companies Act 2016. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 19 | 0 |
| No. of Shares | 34,639,212 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
6. ORDINARY RESOLUTION 6 |
||
| Description |
Proposed 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 (Proposed Shareholders Mandate). |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 19 | 0 |
| No. of Shares | 34,639,212 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
7. ORDINARY RESOLUTION 7 |
||
| Description |
Proposed renewal of authority to buy-back its own shares by the Company (Proposed Share Buy-back). |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 19 | 0 |
| No. of Shares | 34,639,212 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
8. ORDINARY RESOLUTION 8 |
||
| Description |
Retention of Mr. Lee Phay Chian as Independent Non-Executive Director of the Company and to hold office until the conclusion of the next Annual General Meeting. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 18 | 1 |
| No. of Shares | 34,639,112 | 100 |
| % of Voted Shares | 99.9980 | 0.0020 |
| Result | Accepted | |
Announcement Info
| Company Name | SEE HUP CONSOLIDATED BERHAD |
| Stock Name | SEEHUP |
| Date Announced | 19 Sep 2023 |
| Category | General Meeting |
| Reference Number | GMA-28072023-00028 |
| Corporate Action ID | MY230728MEET0026 |