[HUPSENG] General on 14-Jul-2020

Stock
[HUPSENG]: HUP SENG INDUSTRIES BHD
Announcement Date
12-Jun-2020
Type
General
Date & Time
14-Jul-2020 11:00
Depositor Date
06-Jul-2020
Venue
Broadcast venue Tricor Leadership Room, Unit 32-01, Level 32, Tower A Vertical Business Suite, Avenue 3, Bangsar South No. 8, Jalan Kerinchi, 59200 Kuala Lumpur
Description
Notice of Virtual Twenty-Eighth ("28th") Annual General Meeting ("AGM") of Hup Seng Industries Berhad. The 28th AGM will be conducted fully virtual at the Broadcast Venue via Remote Participation and Voting facilities at https://tiih.online.
Notice of AGM and Admin Details.pdf
Outcome

The Board of Directors of Hup Seng Industries Berhad ("the Company") wishes to announce thatall the resolutions set out in the Notice of Twenty-Eighth Annual General Meeting ("28th AGM") dated 15 June 2020 were duly passed by the shareholders of the Company by way of poll at the 28th AGMheld on 14 July2020.

The results of the poll of the 28th AGM of the Company were validated by Coopers Professional Scrutineers Sdn Bhd, the Scrutineer appointed by the Company.

The results of the poll of the 28th AGM of the Company is attached herewith.

This announcement is dated 14 July 2020.

Voting Results

1. 1

Description 
To approve the payment of Directors fees and benefits of RM2,256,178 for the financial year ended 31 December 2019.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 99 11
No. of Shares 455,566,032 631,900
% of Voted Shares 99.8610 0.1390
Result Accepted

2. 2

Description 
To approve the payment of Directors benefits in accordance with Section 230(1) of the Companies Act 2016 up to an amount of RM98,000 from 15 July 2020 until the next AGM of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 98 12
No. of Shares 455,567,932 635,700
% of Voted Shares 99.8610 0.1390
Result Accepted

3. 3

Description 
To re-elect Mr. Kuo Choo Song who retires in accordance with Article 76 of the Company's Articles of Association.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 121 7
No. of Shares 532,659,725 615,000
% of Voted Shares 99.8850 0.1150
Result Accepted

4. 4

Description 
To re-elect Ms. Kerk Chian Tung who retires in accordance with Article 76 of the Company's Articles of Association.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 122 6
No. of Shares 519,928,392 613,000
% of Voted Shares 99.8820 0.1180
Result Accepted

5. 5

Description 
To re-elect Mr. Teo Lee Teck who retires in accordance with Article 76 of the Company's Articles of Association.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 121 7
No. of Shares 528,499,725 615,000
% of Voted Shares 99.8840 0.1160
Result Accepted

6. 6

Description 
To re-appoint Messrs Ernst & Young PLT, the retiring auditors, as the auditors of the Company until the conclusion of the next AGM and to authorise the Directors to fix their remuneration.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 124 5
No. of Shares 533,662,725 612,000
% of Voted Shares 99.8850 0.1150
Result Accepted

7. 7

Description 
Continuing in office of Puan Mazrina Binti Arifin as Independent Non-Executive Director. (Tier 1)
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 1 0
No. of Shares 408,000,753 0
% of Voted Shares 100.0000 0.0000
Result Accepted

8. 7

Description 
Continuing in office of Puan Mazrina Binti Arifin as Independent Non-Executive Director. (Tier 2)
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 115 13
No. of Shares 105,216,972 21,057,000
% of Voted Shares 83.3240 16.6760
Result Accepted

9. 8

Description 
Continuing in office of Puan Norita Binti Ja'afar as Independent Non-Executive Director. (Tier 1)
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 1 0
No. of Shares 408,000,753 0
% of Voted Shares 100.0000 0.0000
Result Accepted

10. 8

Description 
Continuing in office of Puan Norita Binti Ja'afar as Independent Non-Executive Director. (Tier 2)
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 115 13
No. of Shares 105,216,972 21,057,000
% of Voted Shares 83.3240 16.6760
Result Accepted

11. 9

Description 
To adopt the new Constitution of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 122 6
No. of Shares 533,659,325 614,000
% of Voted Shares 99.8850 0.1150
Result Accepted

Remark
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