[HSL] General on 18-Jun-2020

Stock
[HSL]: HOCK SENG LEE BHD
Announcement Date
11-Jun-2020
Type
General
Date & Time
18-Jun-2020 09:30
Depositor Date
12-Jun-2020
Venue
Grand Margherita Hotel Jalan Tunku Abdul Rahman 93748 Kuching Sarawak
Description
HOCK SENG LEE BERHAD Due to the unforeseen circumstances where the designated hotel venue for the coming AGM has become not available as a result of Covid-19 pandemic, the venue and time of our AGM shall be as follows. The date remains unchanged.
AGM Notice 2020(R).pdf
Outcome

The Board of Directors of Hock Seng Lee Berhad ("the Company") wishes to announce that at its Thirty-Nineth Annual General Meeting ("39th AGM") held this morning, all the ordinary resolutions as set out in the Notice of 39th AGM dated 18 June 2020 were duly approved by the shareholders of the Company.

All the ordinary resolutions were voted by poll and the results of the poll were validated by KSK Corporate Services Sdn Bhd, an Independent Scrutineer appointed by the Company.

The detailed results of the poll are set out in the table of "Voting Results" below.

Voting Results

1. 1

Description 
Declaration of a final single tier exempt dividend of 1.4 sen per ordinary share for the financial year ended 31 December 2019.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 30 0
No. of Shares 452,401,429 0
% of Voted Shares 100.0000 0.0000
Result Accepted

2. 2

Description 
Approval of the payment of Directors' fees of up to RM55,300 for the financial year ended 31 December 2019.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 29 0
No. of Shares 452,114,279 0
% of Voted Shares 100.0000 0.0000
Result Accepted

3. 3

Description 
Approval of the payment of Directors' fees of up to RM297,700 for the financial year ending 31 December 2020.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 29 0
No. of Shares 452,114,279 0
% of Voted Shares 100.0000 0.0000
Result Accepted

4. 4

Description 
Approval of the payment of Directors' remuneration (excluding Directors' fees) of up to an amount of RM80,000 from the date of passing of this resolution until the next AGM of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 28 0
No. of Shares 444,621,379 0
% of Voted Shares 100.0000 0.0000
Result Accepted

5. 5

Description 
Re-election of Datu Sudarsono Bin Osman as Director.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 30 0
No. of Shares 452,401,429 0
% of Voted Shares 100.0000 0.0000
Result Accepted

6. 6

Description 
Re-election of Datu Laura Lee Ngien Hion as Director.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 30 0
No. of Shares 452,401,429 0
% of Voted Shares 100.0000 0.0000
Result Accepted

7. 7

Description 
Re-election of Dato' Haji Idris Bin Buang as Director.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 25 5
No. of Shares 365,874,929 86,526,500
% of Voted Shares 80.8740 19.1260
Result Accepted

8. 8

Description 
Re-election of Dato Yu Chee Hoe as Director .
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 24 0
No. of Shares 351,012,976 0
% of Voted Shares 100.0000 0.0000
Result Accepted

9. 9

Description 
Re-election of Mr Tony Yu Yuong Wee as Director.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 26 0
No. of Shares 371,646,829 0
% of Voted Shares 100.0000 0.0000
Result Accepted

10. 10

Description 
Re-appointment of Messrs KPMG PLT as auditors of the Company and to authorise the Board of Directors to fix their remuneration.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 26 0
No. of Shares 371,646,829 0
% of Voted Shares 100.0000 0.0000
Result Accepted

11. 11

Description 
Renewal of Authority for the Proposed Share Buy-Back.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 26 4
No. of Shares 371,646,829 80,754,600
% of Voted Shares 82.1498 17.8502
Result Accepted

12. 12

Description 
Renewal of Existing Shareholder Mandate in relation to the related party transactions involving recurrent transactions of a revenue or trading nature.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 22 0
No. of Shares 104,904,946 0
% of Voted Shares 100.0000 0.0000
Result Accepted

13. 13

Description 
To retain Dato' Haji Idris Bin Buang as an Independent Director.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 25 5
No. of Shares 365,874,929 86,526,500
% of Voted Shares 80.8740 19.1260
Result Accepted

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