[HLIND] General on 04-Nov-2020

Stock
[HLIND]: HONG LEONG INDUSTRIES BHD
Announcement Date
22-Oct-2020
Type
General
Date & Time
04-Nov-2020 10:30
Depositor Date
27-Oct-2020
Venue
Broadcast Venue: Auditorium, Ground Floor Menara Hong Leong, No. 6, Jalan Damanlela Bukit Damansara 50490 Kuala Lumpur
Description
In view of the COVID-19 pandemic, the 57th AGM shall be a fully virtual meeting to be held at the Broadcast Venue. The date & time remain unchanged. The Administrative Notes containing the details of the virtual AGM will be made available in due course.
HLI - Notification to Shareholders (22102020).pdf
Outcome

We wish to announce that all resolutions set out in the Notice of the 57th Annual General Meeting of Hong Leong Industries Berhad ("the Company") held on 4November 2020were duly passed by way of a poll. The results of the poll were duly verified by Boardroom Corporate Services Sdn Bhd, the Independent Scrutineer appointed by the Company.

This announcement is dated 4 November 2020.

Voting Results

1. Ordinary Resolution 1

Description 
To approve the payment of Director Fees of RM382,000/- (2019: RM382,000/-) for the financial year ended 30 June 2020 to be divided amongst the Directors in such manner as the Directors may determine and Directors' Other Benefits of up to an amount of RM39,000/- from the Fifty-seventh Annual General Meeting ("AGM") to the Fifty-eighth AGM of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 136 13
No. of Shares 268,938,485 51,866
% of Voted Shares 99.9807 0.0193
Result Accepted

2. Ordinary Resolution 2

Description 
To re-elect YBhg Dato' Jim Khor Mun Wei as a Director.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 144 6
No. of Shares 270,870,786 51,910
% of Voted Shares 99.9808 0.0192
Result Accepted

3. Ordinary Resolution 3

Description 
To re-appoint KPMG PLT as Auditors of the Company and to authorise the Directors to fix their remuneration.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 145 6
No. of Shares 270,875,232 64,500
% of Voted Shares 99.9762 0.0238
Result Accepted

4. Ordinary Resolution 4

Description 
To approve the Authority To Directors To Allot Shares.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 125 23
No. of Shares 263,933,086 6,893,110
% of Voted Shares 97.4548 2.5452
Result Accepted

5. Ordinary Resolution 5

Description 
To approve the Proposed Renewal Of Shareholders' Mandate for Recurrent Related Party Transactions Of A Revenue Or Trading Nature With Hong Leong Company (Malaysia) Berhad ("HLCM") And Persons Connected With HLCM.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 133 8
No. of Shares 25,287,616 284,900
% of Voted Shares 98.8859 1.1141
Result Accepted

6. Ordinary Resolutions 6

Description 
To approve the Proposed Renewal Of Shareholders' Mandate For Recurrent Related Party Transactions Of A Revenue Or Trading Nature With Hong Bee Hardware Company, Sdn Berhad And Hong Bee Motors Sdn Bhd.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 139 7
No. of Shares 268,557,552 53,700
% of Voted Shares 99.9800 0.0200
Result Accepted

7. Ordinary Resolution 7

Description 
To approve the Proposed Renewal Of Shareholders' Mandate For Recurrent Related Party Transactions Of A Revenue Or Trading Nature With Yamaha Motor Co., Ltd And Its Subsidiaries.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 146 3
No. of Shares 270,863,388 6,100
% of Voted Shares 99.9977 0.0023
Result Accepted

8. Ordinary Resolution 8

Description 
To approve the Proposed Renewal Of Shareholders' Mandate For Recurrent Related Party Transactions Of A Revenue Or Trading Nature With Hong Leong Investment Holdings Pte. Ltd. ("HLIH") And Persons Connected With HLIH.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 139 6
No. of Shares 270,582,488 275,400
% of Voted Shares 99.8983 0.1017
Result Accepted

Remark
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