[HUPSENG] General Meeting on 16-May-2024

Stock
[HUPSENG]: HUP SENG INDUSTRIES BHD
Announcement Date
15-Apr-2024
Reference No.
GMA-10042024-00002
Corporate Action ID
MY240410MEET0002
Type
General Meeting
Date & Time
16-May-2024 09:00
Depositor Date
07-May-2024
Venue
The Mezzanine Floor, The Katerina Hotel 8, Jalan Zabedah 83000 Batu Pahat Johor
Description
The Thirty-Second Annual General Meeting (32nd AGM) of Hup Seng Industries Berhad ("the Company") will be held at the Mezzanine Floor, The Katerina Hotel, 8, Jalan Zabedah, 83000 Batu Pahat, Johor Darul Tazim on Thursday, 16 May 2024 at 9.00 a.m.
Notice of AGM 2024.pdf
Outcome

The Board of Directors of Hup Seng Industries Berhad ("the Company") wishes to announce thatall the resolutions set out in the Notice of Thirty SecondAnnual General Meeting ("32ndAGM") dated 16April 2024were duly passed by the shareholders of the Company by way of poll at the 32ndAGMheld on 16 May 2024.

The results of the poll of the 32ndAGM of the Company were validated by Coopers Professional Scrutineers Sdn Bhd, the Scrutineer appointed by the Company.

The results of the poll of the 32ndAGM of the Company is attached herewith.

This announcement is dated 16May 2024.

Voting Results

1. 1

Description 
To approve the payment of Directors fees of RM1,731,667 for the financial year ended 31 December 2023.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 48 0
No. of Shares 460,926,146 0
% of Voted Shares 100.0000 0.0000
Result Accepted

2. 2

Description 
To approve the payment of Directors benefits in accordance with Section 230(1) of the Companies Act 2016 up to an amount of RM93,000 from 17 May 2024 until the next Annual General Meeting (AGM) of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 46 0
No. of Shares 454,260,147 0
% of Voted Shares 100.0000 0.0000
Result Accepted

3. 3

Description 
To re-elect Mr. Kerk Chiew Siong who retires by rotation in accordance with Article 103 of the Company's Constitution and being eligible, offers himself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 45 1
No. of Shares 459,997,246 179,800
% of Voted Shares 99.9609 0.0391
Result Accepted

4. 4

Description 
To re-elect Mr. Kerk Kar Han who retires by rotation in accordance with Article 103 of the Company's Constitution and being eligible, offers himself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 43 1
No. of Shares 456,590,480 179,800
% of Voted Shares 99.9606 0.0394
Result Accepted

5. 5

Description 
To re-elect Mr. Kuo Liong Yok who retires by rotation in accordance with Article 103 of the Company's Constitution and being eligible, offers himself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 29 18
No. of Shares 459,675,479 3,944,900
% of Voted Shares 99.1491 0.8509
Result Accepted

6. 6

Description 
To re-elect Mr. Lee Ting Kiat who retires in accordance with Article 112 of the Company's Constitution, being the first AGM after his appointment, and being eligible, offers himself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 48 0
No. of Shares 464,329,479 0
% of Voted Shares 100.0000 0.0000
Result Accepted

7. 7

Description 
To re-appoint Ernst & Young PLT, the retiring auditors, as the auditors of the Company until the conclusion of the next AGM and to authorise the Directors to fix their remuneration.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 47 1
No. of Shares 460,886,146 40,000
% of Voted Shares 100.0000 0.0087
Result Accepted

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