4 people like this.

62 comment(s). Last comment by Marcus Liew 2018-04-02 23:29

qqq3

13,202 posts

Posted by qqq3 > 2018-03-26 15:40 | Report Abuse

To approve a final single tier dividend of 43.5 cents per share in respect of the financial year end 31 December 2017.

the 59th HENGYUAN AGM and to vote (FOR/AGAINST) the resolutions with or without modification:
============================================================

cannot be done
by then audited for the year already signed.
in any case 2 sen dividend already gone ex.

u need to choose your fight

Posted by kennyyap1962 > 2018-03-26 17:22 | Report Abuse

Anyone know when d IB sell their share holdings after c.warrant expired?
Will These affect share price ?
Thanks.

Sslee

5,503 posts

Posted by Sslee > 2018-03-26 21:13 | Report Abuse

Dear qqq3,
The 2 cent dividend already ex is interim dividend. Final dividend needs shareholders approval at AGM.
If approval obtained then BOD will decide on ex and payment date. This final dividend has no effect on Audited 2017 financial report but had to be account for in 2018 financial report. My understanding can be wrong but my intention is not fighting anyone but to encourage minority shareholders to exercise their right to put forward their reasonable requests/resolutions to be debated at the AGM. If this requisition is successful going into voting stage then a precedent is set and such move can be apply onto any listed companies. Hopefully what we intend to do in Hengyuan will resonate into a major activism movement where minority shareholders right can no more be ignored by major shareholder that controlled the board anymore.
I am now preparing questions I would like to bring up during the incoming AGM and one of the questions is: Will the board consider rewarding the shareholders with share split, bonus share, and free warrant?

Anyhow your advice and point taken
Thank you.

makcik73

208 posts

Posted by makcik73 > 2018-03-27 06:33 | Report Abuse

Bonus share bagus. Sekarang manyak volatile. tapi selepas bonus share, dividend juga turun per share. may be 3 shares kasi 1 free shares.

supersaiyan3

3,128 posts

Posted by supersaiyan3 > 2018-03-31 10:38 | Report Abuse

Sslee, your director list is wrong, half of them (the reputable ones) already resigned.

You address the wrong persons, how can they support your resolution? Haha!

The only one person in the board i trust is the KIWI. If he resigns, it will go down to 50c.

You need a lot of luck to win money in Bursa. So, good luck!

qqq3

13,202 posts

Posted by qqq3 > 2018-03-31 10:55 | Report Abuse

by Sslee > Mar 26, 2018 09:13 PM | Report Abuse

Dear qqq3,
The 2 cent dividend already ex is interim dividend. Final dividend needs shareholders approval at AGM.
If approval obtained then BOD will decide on ex and payment date. This final dividend has no effect on Audited 2017 financial report but had to be account for in 2018 financial report
==============

well, final dividend for FY 2017 have to be incorporated in the audited accounts for FY 2017....in the form of a provision.

probability

14,460 posts

Posted by probability > 2018-03-31 11:55 |

Post removed.Why?

probability

14,460 posts

Posted by probability > 2018-03-31 12:46 | Report Abuse

Do it first thing on Monday morning at your office if you do not have a printer with scanner.

tehka

1,928 posts

Posted by tehka > 2018-04-02 14:36 | Report Abuse

Mr SS Lee, me and family will surely support a better dividend policy for HengYuan.
Btw, please may i know how do you derive 43.5 sen?

chang0509

167 posts

Posted by chang0509 > 2018-04-02 20:26 | Report Abuse

I have received their email of acknowledgement .

Your e-mail is received.



Thank you for your continuous support of the Company.



Regards,

HRC Corporate Affairs Team

Posted by Marcus Liew > 2018-04-02 23:29 | Report Abuse

Me2 received

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