GENERAL MEETINGS: Outcome of Meeting

KEIN HING INTERNATIONAL BERHAD

Type of Meeting General
Indicator Outcome of Meeting
Date of Meeting 15 Oct 2020
Time 10:00 AM

Venue(s)
Broadcast Venue in Tricor Leadership Room

Unit 32-01, Level 32, Tower A, Vertical Business Suites,

Avenue 3, Bangsar South, No. 8, Jalan Kerinchi

59200 Kuala Lumpur

Malaysia

Outcome of Meeting

The Board of Directors of Kein Hing International Berhad (“Kein Hing” or “the Company”) is pleased to announce that all the resolutions as set out in the Notice of Seventeenth Annual General Meeting (“AGM”) dated 28 August 2020 were duly passed by way of poll at the Seventeenth AGM held on 15 October 2020. The results of the poll were validated by Strategy Corporate House Sdn Bhd, the independent scrutineer appointed by KHIB.

 

Please refer to the attachment for the details of the result of the poll.

 

This announcement is dated 15 October 2020.

 


Voting Results


1. Ordinary Resolution 1

Description
To approve the Aggregate Directors fees and benefits of an amount not exceeding RM180,000 from 15 October 2020 until the Eighteenth Annual General Meeting of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 124 7
No. of Shares 84,733,989 3,920
% of Voted Shares 99.9954 0.0046
Result Accepted

2. Ordinary Resolution 2

Description
To re-elect Madam Yong Elaine who is retiring in accordance with Clause 92 of the Company's Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 125 6
No. of Shares 84,735,199 2,710
% of Voted Shares 99.9968 0.0032
Result Accepted

3. Ordinary Resolution 3

Description
To re-elect Mr. Swee Soo Mang who is retiring in accordance with Clause 92 of the Company's Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 125 6
No. of Shares 84,735,199 2,710
% of Voted Shares 99.9968 0.0032
Result Accepted

4. Ordinary Resolution 4

Description
To re-elect Mr. Khor Yew Chye who is retiring in accordance with Clause 92 of the Companys Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 123 6
No. of Shares 84,691,259 2,710
% of Voted Shares 99.9968 0.0032
Result Accepted

5. Ordinary Resolution 5

Description
To re-appoint Messrs. KPMG PLT, the retiring Auditors of the Company and to authorise the Board of Directors to fix their remuneration.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 125 5
No. of Shares 84,703,579 1,500
% of Voted Shares 99.9982 0.0018
Result Accepted

6. Ordinary Resolution 6

Description
Authority to Directors to allot and issue shares pursuant to Sections 75 and 76 of the Companies Act, 2016
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 124 7
No. of Shares 84,733,989 3,920
% of Voted Shares 99.9954 0.0046
Result Accepted

7. Ordinary Resolution 7

Description
Proposed renewal of shareholders mandate for recurrent related party transactions of a revenue or trading nature with T.C.Yap Holdings Sdn. Bhd. and Mr. Yap Toon Choy
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 122 7
No. of Shares 20,549,330 3,920
% of Voted Shares 99.9809 0.0191
Result Accepted

8. Ordinary Resolution 8

Description
Proposed renewal of shareholders mandate for recurrent related party transactions of a revenue or trading nature with Kam Loong Mining Sdn. Bhd.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 121 7
No. of Shares 71,789,359 3,920
% of Voted Shares 99.9945 0.0055
Result Accepted

9. Ordinary Resolution 9

Description
Proposed renewal of shareholders mandate for share buy-back
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 124 7
No. of Shares 84,733,989 3,920
% of Voted Shares 99.9954 0.0046
Result Accepted

10. Ordinary Resolution 10

Description
Authority for Mr. Darsan Singh A/L Balwant Singh to continue in office as Independent Non-Executive Director
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 125 6
No. of Shares 84,735,199 2,710
% of Voted Shares 99.9968 0.0032
Result Accepted

11. Ordinary Resolution 11

Description
Authority for Mr. Swee Soo Mang to continue in office as Independent Non-Executive Director
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 125 6
No. of Shares 84,735,199 2,710
% of Voted Shares 99.9968 0.0032
Result Accepted

12. Ordinary Resolution 12

Description
Authority for Mr. Gan Chee Tsong to continue in office as Independent Non-Executive Director
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 124 6
No. of Shares 84,702,369 2,710
% of Voted Shares 99.9968 0.0032
Result Accepted



Please refer attachment below.

Attachments

KHIB - AGM -Poll Results.pdf
23.5 kB




Announcement Info

Company Name KEIN HING INTERNATIONAL BERHAD
Stock Name KEINHIN
Date Announced 15 Oct 2020
Category General Meeting
Reference Number GMA-13102020-00005
Corporate Action ID MY201013MEET0004