[HSPLANT] General on 01-Jul-2020

Stock
[HSPLANT]: HAP SENG PLANTATIONS HOLDINGS
Announcement Date
28-May-2020
Type
General
Date & Time
01-Jul-2020 10:00
Depositor Date
24-Jun-2020
Venue
Kinabalu Room, Ground Floor Menara Hap Seng Jalan P. Ramlee 50250 Kuala Lumpur
Description
The 13th Annual General Meeting of Hap Seng Plantations Holdings Berhad will be conducted by way of a full virtual meeting at its broadcast venue through live streaming and online remote voting via remote participation and voting facilities.
HSP-Notice of AGM and Admin Guide.pdf
Outcome

The Board of Directors of Hap Seng Plantations Holdings Berhad ("the Company") is pleased to announce that all resolutions set out in the notice of 13th annual general meeting ("AGM") dated 29 May 2020, were duly passed by the shareholders of the Company at the AGM held on even date.

The Audited Financial Statements of the Company for the financial year ended 31 December 2019 and the Reports of the Directors and Auditors thereon were received and duly tabled at the AGM under Agenda 1.

All resolutions were voted upon by poll via remote participation and voting facilities and the poll results were validated by GovernAce Advisory & Solutions Sdn Bhd, the independent scrutineer appointed by the Company.

Please refer to the attachment for the poll results.

This announcement is dated 1 July 2020.

Voting Results

1. Ordinary Resolution 1

Description 
To re-elect Ms. Cheah Yee Leng who shall retire by rotation in accordance with clause 116 of the Company's constitution and being eligible, has offered herself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 66 13
No. of Shares 560,413,316 54,703
% of Voted Shares 99.9902 0.0098
Result Accepted

2. Ordinary Resolution 2

Description 
To re-elect Mr. Au Yong Siew Fah who shall retire by rotation in accordance with clause 116 of the Company's constitution and being eligible, has offered himself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 70 9
No. of Shares 560,293,616 35,603
% of Voted Shares 99.9936 0.0064
Result Accepted

3. Ordinary Resolution 3

Description 
To re-elect Datuk Amat Asri @ A.Asrie B.Ab Kadir @ A.Kadir, JP who shall retire by rotation in accordance with clause 116 of the Company's constitution and being eligible, has offered himself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 67 12
No. of Shares 560,468,116 40,103
% of Voted Shares 99.9928 0.0072
Result Accepted

4. Ordinary Resolution 4

Description 
To re-elect Dato' Mohammed Bin Haji Che Hussein who shall retire in accordance with clause 122 of the Company's constitution and being eligible, has offered himself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 68 11
No. of Shares 560,470,616 38,103
% of Voted Shares 99.9932 0.0068
Result Accepted

5. Ordinary Resolution 5

Description 
To re-elect Tan Sri Amirsham Bin A Aziz who shall retire in accordance with clause 122 of the Company's constitution and being eligible, has offered himself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 66 13
No. of Shares 560,455,016 53,703
% of Voted Shares 99.9904 0.0096
Result Accepted

6. Ordinary Resolution 6

Description 
To re-elect Datuk Jasa @ Ismail Bin Rauddah who shall retire in accordance with clause 122 of the Company's constitution and being eligible, has offered himself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 67 13
No. of Shares 680,432,016 54,703
% of Voted Shares 99.9920 0.0080
Result Accepted

7. Ordinary Resolution 7

Description 
To re-elect Mr. Andrew John Barber who shall retire in accordance with clause 122 of the Company's constitution and being eligible, has offered himself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 68 10
No. of Shares 560,471,316 36,603
% of Voted Shares 99.9935 0.0065
Result Accepted

8. Ordinary Resolution 8

Description 
To approve the payment of directors fees of the Company and its subsidiaries amounting to RM708,273.00 for the financial year ended 31 December 2019.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 54 24
No. of Shares 560,437,716 70,203
% of Voted Shares 99.9875 0.0125
Result Accepted

9. Ordinary Resolution 9

Description 
To reappoint Messrs KPMG PLT as auditors of the Company to hold office until the conclusion of the next annual general meeting at a remuneration to be determined by the directors of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 72 6
No. of Shares 560,476,316 31,603
% of Voted Shares 99.9944 0.0056
Result Accepted

10. Ordinary Resolution 10

Description 
Authority to allot shares pursuant to section 75 of the Companies Act 2016.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 65 13
No. of Shares 560,461,816 46,103
% of Voted Shares 99.9918 0.0082
Result Accepted

11. Ordinary Resolution 11

Description 
To approve renewal of and new shareholders mandate for recurrent related party transactions of a revenue or trading nature.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 67 10
No. of Shares 70,214,216 35,903
% of Voted Shares 99.9489 0.0511
Result Accepted

12. Ordinary Resolution 12

Description 
To approve renewal of share buy-back authority.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 69 9
No. of Shares 560,503,416 4,503
% of Voted Shares 99.9992 0.0008
Result Accepted

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