[HEXIND] General Meeting on 25-May-2023

Stock
[HEXIND]: HEXTAR INDUSTRIES BERHAD
Announcement Date
25-Apr-2023
Reference No.
GMA-20042023-00009
Corporate Action ID
MY230420MEET0009
Type
General Meeting
Date & Time
25-May-2023 10:00
Depositor Date
18-May-2023
Venue
Broadcast Venue at,No 64, Jalan Bayu Laut 4/KS09,,Kota Bayuemas,,41200 Klang, Selangor Darul Ehsan,,MY
Description
HEXTAR INDUSTRIES BERHAD - Notice of Eleventh (11th) Annual General Meeting ("11th AGM")
Hextar - Notice of 11th AGM and Admin Guide.pdf
Outcome

The Board of Directors of Hextar Industries Berhad (“the Company”) is pleased to announce that all resolutions set out in the Notice of the Eleventh Annual General Meeting ("11th AGM") dated 26April2023were duly passed by the shareholders of the Company at the 11th AGM held today, 25 May 2023using online meeting platform provided by Tricor Investor & Issuing House Services Sdn. Bhd. in Malaysia.


All the resolutions were voted by way of poll and the results of the poll were validated by Scrutineer Solutions Sdn. Bhd., an independent scrutineer appointed by the Company.


This announcement is dated 25May 2023.

Voting Results

1. Ordinary Resolution 1

Description 
To approve the Directors' fees amounting of up to RM600,000 for the period from 11th AGM until the conclusion of the 12th AGM of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 74 18
No. of Shares 1,968,021,856 48,670
% of Voted Shares 99.9975 0.0025
Result Accepted

2. Ordinary Resolution 2

Description 
To approve the payment of Directors' benefits of up to RM100,000 for the period from 11th AGM until the conclusion of the 12th AGM of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 73 17
No. of Shares 1,967,208,256 12,270
% of Voted Shares 99.9994 0.0006
Result Accepted

3. Ordinary Resolution 3

Description 
To re-elect Dato' Chan Choun Sien who is retiring pursuant to the Clause 103(1) of the Company's Constitution and being eligible, has offered himself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 80 13
No. of Shares 1,984,500,958 2,268
% of Voted Shares 99.9999 0.0001
Result Accepted

4. Ordinary Resolution 4

Description 
To re-elect Ong Tzu Chuen who is retiring pursuant to the Clause 103(1) of the Company's Constitution and being eligible, has offered herself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 80 13
No. of Shares 1,984,500,958 2,268
% of Voted Shares 99.9999 0.0001
Result Accepted

5. Ordinary Resolution 5

Description 
To re-elect Sham Weng Kong who is retiring pursuant to Clause 110 of the Company's Constitution and being eligible, has offered himself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 79 13
No. of Shares 1,983,750,958 2,268
% of Voted Shares 99.9999 0.0001
Result Accepted

6. Ordinary Resolution 6

Description 
To re-appoint Messrs. Ecovis Malaysia PLT as Auditors of the Company for the ensuing year and to authorise the Directors to fix their remuneration.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 80 13
No. of Shares 1,984,500,958 2,268
% of Voted Shares 99.9999 0.0001
Result Accepted

7. Ordinary Resolution 7

Description 
Authority to issue shares pursuant to Sections 75 and 76 of the Companies Act 2016
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 77 16
No. of Shares 1,984,463,525 39,701
% of Voted Shares 99.9980 0.0020
Result Accepted

8. Ordinary Resolution 8

Description 
Proposed authority for the Company to undertake a Share Buy-Back of up to Ten percent (10%) of its total number of issued shares
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 80 13
No. of Shares 1,984,500,958 2,268
% of Voted Shares 99.9999 0.0001
Result Accepted

9. Ordinary Resolution 9

Description 
Proposed new and renewal of shareholders' mandate for recurrent related party transactions of a revenue or trading nature
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 70 13
No. of Shares 300,183,761 2,268
% of Voted Shares 99.9992 0.0008
Result Accepted

10. Ordinary Resolution 10

Description 
Proposed continuation in office of Sim Yee Fuan as Independent Non-Executive Director
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 10 0
No. of Shares 1,684,317,197 0
% of Voted Shares 100.0000 0.0000
Result Accepted

11. Ordinary Resolution 10 - Tier 2

Description 
Proposed continuation in office of Sim Yee Fuan as Independent Non-Executive Director
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 68 15
No. of Shares 300,183,695 2,334
% of Voted Shares 99.9992 0.0008
Result Accepted

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