[KSSC] General on 22-Jul-2020

Stock
[KSSC]: K. SENG SENG CORPORATION BHD
Announcement Date
29-Jun-2020
Type
General
Date & Time
22-Jul-2020 10:00
Depositor Date
14-Jul-2020
Venue
Hang Tuah Room, Level 3 Philea Mines Beach Resort City Jalan Dulang, Mines Resort City 43300 Seri Kembangan, Selangor
Description
Notice of the Thirty-Fifth Annual General Meeting ("35th AGM") of K. Seng Seng Corporation Berhad ("KSSC").
KSSC-Notice of AGM (final).pdf
Outcome

The Board of Directors of K.Seng Seng Corporation Berhad ("KSSC" or "Company") is pleased to announce that all resolutions as set out in the Notice of the Thirty-Fifth Annual General Meeting ("35th AGM") of KSSC and tabled at the 35th AGM of KSSC held today, 22 July 2020, were duly caried, voted by poll.

The results of the poll were duly verified by Mega Business Consultancy Division,the Independent Scrutineer appointed by the Company. The details of the poll results are set out below.

Voting Results

1. Ordinary Resolution 1

Description 
To approve the payment of Directors' fees and benefits totalling RM189,600 for the financial year ended 31 December 2019.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 11 0
No. of Shares 19,712,500 0
% of Voted Shares 100.0000 0.0000
Result Accepted

2. Ordinary Resolution 2

Description 
To re-elect Tuan Haji Zainal Rashid Bin Haji Mohd Eusoff retires in accordance with Article 83 of the Constitution of the Company and being eligible, has offered himself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 12 0
No. of Shares 19,812,500 0
% of Voted Shares 100.0000 0.0000
Result Accepted

3. Ordinary Resolution 3

Description 
To re-elect Lim Pang Kiam who retires in accordance with Article 90 of the Constitution of the Company and being eligible, has offered himself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 12 0
No. of Shares 19,812,500 0
% of Voted Shares 100.0000 0.0000
Result Accepted

4. Ordinary Resolution 4

Description 
To re-appoint Messrs Baker Tilly Monteiro Heng 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 12 0
No. of Shares 19,812,500 0
% of Voted Shares 100.0000 0.0000
Result Accepted

5. Ordinary Resolution 5

Description 
To retain Tuan Haji Zainal Rahisd Bin Haji Mohd Eusoff who has served the Board for more than nine (9) years as Independent Non-Executive Director of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 11 0
No. of Shares 19,712,500 0
% of Voted Shares 100.0000 0.0000
Result Accepted

6. Ordinary Resolution 6

Description 
To approve the authority to Directors pursuant to Sections 75 and 76 of the Companies Act 2016.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 9 3
No. of Shares 19,718,400 94,100
% of Voted Shares 99.5250 0.4750
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
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 8 3
No. of Shares 3,217,200 94,100
% of Voted Shares 97.1582 2.8418
Result Accepted

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