GENERAL MEETINGS: Outcome of Meeting
| HIAP TECK VENTURE BERHAD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 13 Dec 2024 |
| Time | 10:00 AM |
| Venue(s) |
Virtual platform at the Broadcast Venue located at Level 12, Menara Symphony, No. 5, Jalan Prof. Khoo Kay Kim, Seksyen 13, 46200 Petaling Jaya, Selangor Darul Ehsan, Malaysia |
| Outcome of Meeting | The Board of Directors of HIAP TECK VENTURE BERHAD ("the Company") wishes to announce that the shareholders of the Company have at the Twenty-Eighth Annual General Meeting ("AGM") held this morning at 10:00 a.m. passed all the resolutions set out in the Notice of AGM dated 15 November 2024 by way of poll. The results of the poll were validated by the Poll Administrator, Boardroom Share Registrars Sdn. Bhd. and Strategy Corporate House Sdn. Bhd., the independent scrutineer, appointed by the Company.
This announcement is dated 13 December 2024. |
Voting Results |
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1. Ordinary Resolution 1 |
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| Description |
To approve the Directors' fees of RM459,411.00 for the financial year ended 31 July 2024. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 99 | 24 |
| No. of Shares | 668,757,934 | 110,696 |
| % of Voted Shares | 99.9835 | 0.0165 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
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| Description |
To approve the Directors' allowances and benefits payable of RM40,000.00 in respect of the period from 14 December 2024 up to the next Annual General Meeting of the Company to be held in 2025. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 97 | 26 |
| No. of Shares | 668,174,934 | 693,696 |
| % of Voted Shares | 99.8963 | 0.1037 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
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| Description |
To approve a First and Final Single-Tier Dividend of 0.5 sen per share for the financial year ended 31 July 2024. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 112 | 12 |
| No. of Shares | 668,794,409 | 74,321 |
| % of Voted Shares | 99.9889 | 0.0111 |
| Result | Accepted | |
4. Ordinary Resolution 4 |
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| Description |
To re-elect Tan Sri Dato' Seri Law Tien Seng who is retiring in accordance with Clause 92 of the Company's Constitution. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 108 | 16 |
| No. of Shares | 668,790,307 | 78,423 |
| % of Voted Shares | 99.9883 | 0.0117 |
| Result | Accepted | |
5. Ordinary Resolution 5 |
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| Description |
To re-elect Mr. Tan Shau Ming who is retiring in accordance with Clause 92 of the Company's Constitution. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 107 | 16 |
| No. of Shares | 668,406,007 | 62,723 |
| % of Voted Shares | 99.9906 | 0.0094 |
| Result | Accepted | |
6. Ordinary Resolution 6 |
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| Description |
To re-elect Mr. Sherman Lam Yuen Suen who is retiring in accordance with Clause 92 of the Company's Constitution. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 108 | 16 |
| No. of Shares | 668,790,307 | 78,423 |
| % of Voted Shares | 99.9883 | 0.0117 |
| Result | Accepted | |
7. Ordinary Resolution 7 |
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| Description |
To re-appoint Messrs. KPMG PLT as the Company's Auditors for the ensuing year and to authorise the Directors to fix their remuneration. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 108 | 16 |
| No. of Shares | 668,789,709 | 79,021 |
| % of Voted Shares | 99.9882 | 0.0118 |
| Result | Accepted | |
8. Ordinary Resolution 8 |
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| Description |
To consider and, if thought fit, to pass with or without modifications, the Resolution for the Authority to Directors to Allot Shares pursuant to Sections 75 and 76 of the Companies Act 2016 |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 95 | 28 |
| No. of Shares | 631,930,205 | 36,938,425 |
| % of Voted Shares | 94.4775 | 5.5225 |
| Result | Accepted | |
9. Ordinary Resolution 9 |
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| Description |
To consider and, if thought fit, to pass with or without modifications, the Resolution for the Proposed Renewal of Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 102 | 18 |
| No. of Shares | 176,075,783 | 79,523 |
| % of Voted Shares | 99.9549 | 0.0451 |
| Result | Accepted | |
Please refer attachment below.
Announcement Info
| Company Name | HIAP TECK VENTURE BERHAD |
| Stock Name | HIAPTEK |
| Date Announced | 13 Dec 2024 |
| Category | General Meeting |
| Reference Number | GMA-13122024-00006 |
| Corporate Action ID | MY241213MEET0006 |