HAPSENG

2.900

-0.09 (-3%)

GENERAL MEETINGS: Outcome of Meeting

HAP SENG CONSOLIDATED BERHAD

Type of Meeting General
Indicator Outcome of Meeting
Date of Meeting 26 May 2026
Time 10:00 AM

Venue(s) 
Sandakan Room, Ground Floor

Menara Hap Seng, Jalan P. Ramlee

50250 Kuala Lumpur

Malaysia

Outcome of Meeting

The Board of Directors of Hap Seng Consolidated Berhad ("the Company") is pleased to announce that all resolutions set out in the notice of 50th annual general meeting ("AGM") dated 28 April 2026, were duly passed by the shareholders of the Company at the AGM held on even date.


The Audited Financial Statements of the Company for the financial year ended 31 December 2025 and the Reports of the Directors and Auditors thereon were received and duly tabled at the AGM under Agenda 1.


All resolutions were voted upon by poll and the poll results were validated by GovernAce Advisory & Solutions Sdn Bhd, the independent scrutineer appointed by the Company.


Please refer to the attachment for the poll results.


This announcement is dated 26 May 2026.

Voting Results

1. Ordinary Resolution 1

Description 
To re-elect Mr. Thomas Karl Rapp who shall retire by rotation in acccrdance with clause 116 of the Company's ccnstitution and being eligible, has offered himself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 145 14
No. of Shares 1,615,844,133 801,250
% of Voted Shares 99.9504 0.0496
Result Accepted

2. Ordinary Resolution 2

Description 
To re-elect Mr. Tan Boon Peng who shall retire by rotation in acccrdance with clause 116 of the Company's ccnstitution and being eligible, has offered himself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 148 9
No. of Shares 1,616,341,816 302,567
% of Voted Shares 99.9813 0.0187
Result Accepted

3. Ordinary Resolution 3

Description 
To approve payment of directors' fees of the Company and its subsidiary amounting to RM909,513.00 for the financial year ended 31 December 2025.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 147 8
No. of Shares 1,616,725,346 32,900
% of Voted Shares 99.9980 0.0020
Result Accepted

4. Ordinary Resolution 4

Description 
To reappoint Messrs Ernst & Young PLT as auditors of the Company lo hold office until the conclusion of the next annual general meeting at a remuneration to be determined by the directors of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 147 14
No. of Shares 1,616,013,489 763,824
% of Voted Shares 99.9528 0.0472
Result Accepted

5. Ordinary Resolution 5

Description 
Authority to allot shares pursuant to section 75 of the Companies Act 2016.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 148 7
No. of Shares 1,616,747,013 29,300
% of Voted Shares 99.9982 0.0018
Result Accepted

6. Ordinary Resolution 6

Description 
To approve renewal of and new shareholders' mandate for recurrent related party transactions of a revenue or trading nature.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 145 12
No. of Shares 56,797,546 520,645
% of Voted Shares 99.0917 0.9083
Result Accepted

7. Ordinary Resolution 7

Description 
To approve renewal of share buy-back authority.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 147 7
No. of Shares 1,616,739,940 17,306
% of Voted Shares 99.9989 0.0011
Result Accepted



Please refer attachment below.

Attachments

Hap Seng Consolidated Berhad - Independent Scrutineer Report (AGM) 2026.pdf
339.3 kB



Announcement Info

Company Name HAP SENG CONSOLIDATED BERHAD
Stock Name HAPSENG
Date Announced 26 May 2026
Category General Meeting
Reference Number GMA-26052026-00022
Corporate Action ID MY260526MEET0019


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