GENERAL MEETINGS: Outcome of Meeting
| HAP SENG CONSOLIDATED BERHAD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 28 May 2025 |
| 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 49th annual general meeting ("AGM") dated 30 April 2025, 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 2024 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.
|
Voting Results |
||
1. Ordinary Resolution 1 |
||
| Description |
To re-elect Datuk Simon Shim Kong Yip, JP who shall retire by rotation in accordance with clause 116 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 | 116 | 19 |
| No. of Shares | 1,616,467,215 | 1,512,785 |
| % of Voted Shares | 99.9065 | 0.0935 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
||
| Description |
To re-elect Ms. Cheah Yee Leng who shall retire by rotation in accordance with clause 116 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 | 126 | 5 |
| No. of Shares | 1,617,606,457 | 509,143 |
| % of Voted Shares | 99.9685 | 0.0315 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
||
| Description |
To approve payment of directors' fees of the Company and its subsidiary amounting to RM1,009,752.00 for the financial year ended 31 December 2024. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 126 | 3 |
| No. of Shares | 1,618,110,095 | 1,705 |
| % of Voted Shares | 99.9999 | 0.0001 |
| Result | Accepted | |
4. Ordinary Resolution 4 |
||
| Description |
To reappoint Messrs Ernst & Young PLT as auditors of the Company to 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 | 128 | 2 |
| No. of Shares | 1,618,105,900 | 9,700 |
| % of Voted Shares | 99.9994 | 0.0006 |
| 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 | 128 | 2 |
| No. of Shares | 1,618,115,095 | 505 |
| % of Voted Shares | 100.0000 | 0.0000 |
| 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 | 125 | 6 |
| No. of Shares | 58,094,417 | 562,061 |
| % of Voted Shares | 99.0418 | 0.9582 |
| 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 | 127 | 2 |
| No. of Shares | 1,618,105,895 | 505 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
Please refer attachment below.
Announcement Info
| Company Name | HAP SENG CONSOLIDATED BERHAD |
| Stock Name | HAPSENG |
| Date Announced | 28 May 2025 |
| Category | General Meeting |
| Reference Number | GMA-28052025-00032 |
| Corporate Action ID | MY250528MEET0030 |