Fourteenth Annual General Meeting

HUP SENG INDUSTRIES BERHAD

Type

Announcement
SubjectFourteenth Annual General Meeting

Contents :

HUP SENG INDUSTRIES BERHAD

FOURTEENTH ANNUAL GENERAL MEETING

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

1. Kerk Chian Tung;
2. Mazrina Binti Arifin; and
3. Teo Lee Teck.

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

(i) Article 2 - Interpretation Clause

"THAT the following interpretation in Article 2 of the Company’s Articles of Association be deleted in its entirety and replaced with the following new interpretation:

Please refer to table 1.

AND THAT all references to "Central Depository" and "Rules" throughout the Company’s whole Articles of Association be changed to "Depository" and "Rules of Depository" respectively.

(ii) Article 5(e) - Allotment of Shares


(iii) Article 127 - To whom copies of profit and loss accounts etc may be sent (iv) Article 138 - Payment by cheque


Announcement Info

Company NameHUP SENG INDUSTRIES BERHAD  
Stock Name HUPSENG    
Date Announced18 May 2006  
CategoryGeneral Announcement
Reference NoHS-060518-47809