Thirteenth Annual General Meeting

HUP SENG INDUSTRIES BERHAD

Type

Announcement
SubjectThirteenth Annual General Meeting

Contents :

HUP SENG INDUSTRIES BERHAD

THIRTEENTH ANNUAL GENERAL MEETING

On behalf of the Board of Directors of Hup Seng Industries Berhad, we are pleased to announce that at the Thirteenth Annual General Meeting of the Company held today, all resolutions were approved, including the re-electioin of the following Directors pursuant to Articles 76 and 83 respectively of the Company's Article of Association:-

1. Keh (Kerk) Chu Koh;
2. Ke (Kek) Kim Soon @ Kerk Choo Soon;
3. Kerk Chiew Siong; and
4. Woon Chin Chan.

In addition, Kuo Choo Song was re-appointed pursuant to Section 129(6) of the Companies Act, 1965 as Director of the Company to hold office until the conclusion of the next Annual General Meeting.

The following resolution under Special Business was unanimously approved:-

Ordinary Resolution
Authority To Allot Shares

"THAT subject to Companies Act, 1965, Articles of Association of the Company and approvals from Bursa Malaysia Securities Berhad and other governmental or regulatory bodies where such approval is necessary, full authority be and is hereby given to the Directors pursuant to Section 132D of Companies Act, 1965 to issue shares in the capital of the Company at any time until the conclusion of the next Annual General Meeting and upon such terms and conditions and for such purposes as the Directors may in their discretion, deem fit provided always that the aggregate number of shares to be issued pursuant to this resolution, does not exceed 10% of the issued share capital of the Company for the time being."

Also, the following Special Resolution was unanimously approved:-

Proposed Amendments to the Articles of Association of the Company

Article 100 - Notice of Directors’ Meeting

To delete the words "seven (7)" and replace with the words "fourteen (14)" appearing in line 6 of Article 100;

Existing Article 100 - Notice of Directors’ meeting

It shall not be necessary to give any Director or Alternate Director, who does not have an address in Malaysia, registered with the Company, notice of a meeting of the Directors. Unless otherwise determined by the Directors from time to time a seven (7) days’ notice of all Directors’ meetings shall be given to all Directors and their Alternate Directors, who have a registered address in Malaysia, except in the case of an emergency, where reasonable notice of every Directors’ meeting shall be given in writing. Any Director may waive notice of any meeting and any such waiver may be retroactive. The notice of each Directors’ meeting shall be deemed to be served in the case of a Director having an address in Peninsular Malaysia, two (2) days following that on which a properly stamped letter containing the notice is posted in Peninsular Malaysia and in the case of a Director having an address in East Malaysia seven (7) days following that on which a properly stamped letter containing the notice is posted within Peninsular Malaysia. Amended Article 100 - Notice of Directors’ meeting

It shall not be necessary to give any Director or Alternate Director, who does not have an address in Malaysia, registered with the Company, notice of a meeting of the Directors. Unless otherwise determined by the Directors from time to time a fourteen (14) days’ notice of all Directors’ meetings shall be given to all Directors and their Alternate Directors, who have a registered address in Malaysia, except in the case of an emergency, where reasonable notice of every Directors’ meeting shall be given in writing. Any Director may waive notice of any meeting and any such waiver may be retroactive. The notice of each Directors’ meeting shall be deemed to be served in the case of a Director having an address in Peninsular Malaysia, two (2) days following that on which a properly stamped letter containing the notice is posted in Peninsular Malaysia and in the case of a Director having an address in East Malaysia seven (7) days following that on which a properly stamped letter containing the notice is posted within Peninsular Malaysia.



Announcement Info

Company NameHUP SENG INDUSTRIES BERHAD  
Stock Name HUPSENG    
Date Announced17 May 2005  
CategoryGeneral Announcement
Reference NoHS-050517-66702