[LIIHEN] General on 06-Sep-2021

Stock
[LIIHEN]: LII HEN INDUSTRIES BHD
Announcement Date
06-Aug-2021
Type
General
Date & Time
06-Sep-2021 11:00
Depositor Date
30-Aug-2021
Venue
Meeting hosted virtually through the online meeting platform at: https://agm.digerati.com.my/pasbonline
Description
Notice of Fully Virtual Postponed Twenty-Seventh (27th) Annual General Meeting
LHIB - Amended AGM Notice.pdf
Outcome

The Board of Directors of Lii Hen Industries Bhd. ("LHIB" or "the Company") wishes to announce that all the resolutions as set out in the Notice of the Twenty-Seventh Annual General Meeting ("27th AGM") dated 8August2021were duly passed by the shareholders of LHIB in the 27th AGM held on 6September 2021.

The voting on all the resolutions were carried out by way of poll and the results were validated by Quantegic Services Sdn. Bhd., an independent scrutineer appointed by the Company. Details of the said results are as set out in the attachment.

Voting Results

1. Ordinary Resolution 1

Description 
To re-elect Mr Chua Lee Seng who retires in accordance with Clause 149 of the Company's Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 88 4
No. of Shares 87,320,727 118,758
% of Voted Shares 99.8642 0.1358
Result Accepted

2. Ordinary Resolution 2

Description 
To re-elect Mr Tok Heng Leong who retires in accordance with Clause 149 of the Company's Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 88 4
No. of Shares 87,320,727 118,758
% of Voted Shares 99.8642 0.1358
Result Accepted

3. Ordinary Resolution 3

Description 
To re-elect Mr Tan Bee Eng who retires in accordance with Clause 149 of the Company's Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 87 4
No. of Shares 86,878,633 118,758
% of Voted Shares 99.8635 0.1365
Result Accepted

4. Ordinary Resolution 4

Description 
To approve the payment of Directors' fees of RM20,000 to the Executive Directors of the Company for the financial year ended 31 December 2020.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 85 3
No. of Shares 86,511,271 10,001
% of Voted Shares 99.9884 0.0116
Result Accepted

5. Ordinary Resolution 5

Description 
To approve the payment of Directors' fees of up to RM115,000 in aggregate to the Directors of the Company for the financial year ending 31 December 2021.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 85 3
No. of Shares 86,511,271 10,001
% of Voted Shares 99.9884 0.0116
Result Accepted

6. Ordinary Resolution 6

Description 
To approve the payment of Directors' benefits of up to RM300,000 in aggregate to the Independent Non-Executive Directors of the Company during the course of the period from 17 June 2021 until the next Annual General Meeting of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 81 9
No. of Shares 86,321,846 1,041,520
% of Voted Shares 98.8078 1.1922
Result Accepted

7. Ordinary Resolution 7

Description 
To re-appoint Messrs Peter Chong & Co. as Auditors of the Company and to authorise the Directors to determine their remuneration.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 88 3
No. of Shares 86,860,366 538,474
% of Voted Shares 99.3839 0.6161
Result Accepted

8. Ordinary Resolution 8

Description 
Authority to Issue Shares pursuant to the Companies Act 2016.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 85 6
No. of Shares 87,260,984 176,001
% of Voted Shares 99.7987 0.2013
Result Accepted

9. Ordinary Resolution 9

Description 
Proposed Renewal of Existing Shareholders' Mandate for Recurrent Related Party Transactions of Revenue or Trading Nature ("RRPTs") and Proposed New Shareholders' Mandate for Additional RRPTs.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 83 3
No. of Shares 6,874,886 41,001
% of Voted Shares 99.4071 0.5929
Result Accepted

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