[HWATAI] General on 19-Aug-2020

Stock
[HWATAI]: HWA TAI INDUSTRIES BHD
Announcement Date
25-Jun-2020
Type
General
Date & Time
19-Aug-2020 11:30
Depositor Date
12-Aug-2020
Venue
The Katerina Hotel, Sapphire Ballroom, Level 1, No. 8 Jalan Zabedah, 83000 Batu Pahat, Johor Darul Takzim
Description
HWA TAI INDUSTRIES BERHAD - NOTICE OF FORTY-FIFTH ANNUAL GENERAL MEETING
Notice2019 - Bursa.pdf
Outcome

Hwa Tai Industries Berhad ("the Company") wishes to inform that at the Forty-Fifth Annual General Meeting of the Company held on 19 August 2020, all the resolutions tabled were duly passed by way of poll voting.

The results of the poll was verified by the independent scrutineer, Asia Securities Sdn. Berhad. The details of the poll results is disclosed in the Table attached..

Voting Results

1. Ordinary Resolution 1

Description 
To approve payment of Directors' fee of RM90,000.00 for the financial year ended 31 December 2019.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 18 0
No. of Shares 37,672,117 0
% of Voted Shares 100.0000 0.0000
Result Accepted

2. Ordinary Resolution 2

Description 
To approve an amount of RM10,000.00 per month as allowance to the Non-Executive Chairman from the Forty-Fifth Annual General Meeting to the next Annual General Meeting of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 16 0
No. of Shares 6,722,550 0
% of Voted Shares 100.0000 0.0000
Result Accepted

3. Ordinary Resolution 3

Description 
To re-elect the following Directors who retire in accordance with the Company's Constitution:-
Mr. Soo Thien Ming @ Soo Thien See
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 18 0
No. of Shares 37,672,117 0
% of Voted Shares 100.0000 0.0000
Result Accepted

4. Ordinary Resolution 4

Description 
To re-elect the following Directors who retire in accordance with the Company's Constitution:-
Mr. Yee Fook Loong
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 18 0
No. of Shares 37,672,117 0
% of Voted Shares 100.0000 0.0000
Result Accepted

5. Ordinary Resolution 5

Description 
To appoint Messrs. Baker Tilly Monteiro Heng PLT as Auditors of the Company for the financial year ending 31 December 2020 and to authorise the Directors to fix their remuneration.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 18 0
No. of Shares 37,672,117 0
% of Voted Shares 100.0000 0.0000
Result Accepted

6. Ordinary Resolution 6

Description 
ORDINARY RESOLUTION - AUTHORITY TO ALLOT AND ISSUE SHARES IN GENERAL PURSUANT TO SECTIONS 75 AND 76  OF THE COMPANIES ACT, 2016

That, subject to the Companies Act, 2016 and approvals from the relevant governmental or regulatory authorities, the Directors be and are hereby empowered pursuant to Sections 75 and 76 of the Companies Act, 2016 to allot and issue shares in the Company from time to time upon such terms and conditions and for such purposes as the Directors may in their discretion deem fit provided that the aggregate number of shares issued pursuant to this resolution does not exceed 20% of the issued shares (excluding treasury shares) of the Company for the time being and that such authority shall continue in force until the conclusion of the next Annual General Meeting of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 18 0
No. of Shares 37,672,117 0
% of Voted Shares 100.0000 0.0000
Result Accepted

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