The Board of Directors of Xin Hwa Holdings Berhad ("XHHB") wishes to announce that the shareholders of XHHB have at the Seventh AnnualGeneral Meeting ("AGM") held this morning, approved all the resolutions as set out in the Notice of AGM dated 28 August2020("Resolutions").
The voting in respect of the Resolutions was carried out by way of a poll, results of which were validated by Toh Jick Hui, an independent scrutineer appointed by XHHB. The voting results are set out below.
Voting Results |
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1. Ordinary Resolution 1 |
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Description |
To approve the payment of Directors' fees up to an amount of RM460,000 from 1 October 2020 until the next Annual General Meeting of the Company |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 27 | 1 |
No. of Shares | 70,735,080 | 1,200 |
% of Voted Shares | 99.9983 | 0.0017 |
Result | Accepted | |
2. Ordinary Resolution 2 |
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Description |
To approve the payment of Directors' benefits to Non-Executive Directors up to an amount of RM60,000 from 1 October 2020 until the next Annual General Meeting of the Company |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 27 | 1 |
No. of Shares | 70,735,080 | 1,200 |
% of Voted Shares | 99.9983 | 0.0017 |
Result | Accepted | |
3. Ordinary Resolution 3 |
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Description |
To re-elect Datuk Jory Leong Kam Weng who is retiring pursuant to Article 107(1)(b) of the Company's Constitution as Director |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 31 | 1 |
No. of Shares | 71,215,080 | 1,200 |
% of Voted Shares | 99.9983 | 0.0017 |
Result | Accepted | |
4. Ordinary Resolution 4 |
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Description |
To re-elect Mr. Ng Aik Chuan who is retiring pursuant to Article 107(1)(b) of the Company's Constitution as Director |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 31 | 1 |
No. of Shares | 71,215,080 | 1,200 |
% of Voted Shares | 99.9983 | 0.0017 |
Result | Accepted | |
5. Ordinary Resolution 5 |
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Description |
To re-elect Mr. Kok Poh Fui who is retiring pursuant to Article 107(1)(a) of the Company's Constitution as Director |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 31 | 1 |
No. of Shares | 71,215,080 | 1,200 |
% of Voted Shares | 99.9983 | 0.0017 |
Result | Accepted | |
6. Ordinary Resolution 6 |
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Description |
To appoint Crowe Malaysia PLT as Auditors of the Company 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 | 31 | 1 |
No. of Shares | 71,215,080 | 1,200 |
% of Voted Shares | 99.9983 | 0.0017 |
Result | Accepted | |
7. Ordinary Resolution 7 |
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Description |
Authority to allot shares pursuant to the Companies Act 2016 |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 31 | 1 |
No. of Shares | 71,215,080 | 1,200 |
% of Voted Shares | 99.9983 | 0.0017 |
Result | Accepted | |