Newsroom
General Meetings: Outcome Of Meeting
BackAug 30, 2023
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 30 Aug 2023 |
| Time | 10:30 AM |
| Venue(s) | 4th Floor, C-21, Jalan Medan Selayang 1, Medan Selayang, 68100 Batu Caves, Selangor, Malaysia |
| Outcome of Meeting |
The Board of Directors of Hua Yang Berhad ("the Company") is pleased to announce that all the resolutions as prescribed in the notice convening the Annual General Meeting ("AGM") of the Company dated 28 July 2023 were duly passed by way of poll at the AGM of the Company held at 4th Floor, C-21 Jalan Medan Selayang 1, Medan Selayang, 68100 Batu Caves, Selangor on Wednesday, 30 August 2023.
The results of the poll which were validated by Ms Elaine Chen, the representative from Sky Corporate Services Sdn Bhd, the Independent Scrutineer appointed by the Company, are as set out below:- |
Voting Results |
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1. Ordinary Resolution 1 |
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| Description | To approve the payment of Directors' fees of RM621,197 and benefits for the financial year ended 31 March 2023 | |
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 30 | 1 |
| No. of Shares | 156,174,869 | 164,400 |
| % of Voted Shares | 99.8948 | 0.1052 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
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| Description | To approve the payment of meeting attendance allowance of RM1,000 per meeting day for each Non-Executive Director from August 2023 till July 2024 | |
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 29 | 2 |
| No. of Shares | 156,174,856 | 164,413 |
| % of Voted Shares | 99.8948 | 0.1052 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
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| Description | To re-elect Chew Hoe Soon who is retiring pursuant to Article 97(1) of the Company's Constitution | |
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 31 | 2 |
| No. of Shares | 157,058,921 | 164,600 |
| % of Voted Shares | 99.8953 | 0.1047 |
| Result | Accepted | |
4. Ordinary Resolution 4 |
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| Description | To re-elect Chew Po Sim who is retiring pursuant to Article 97(1) of the Company's Constitution | |
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 33 | 1 |
| No. of Shares | 157,551,063 | 164,400 |
| % of Voted Shares | 99.8958 | 0.1042 |
| Result | Accepted | |
5. Ordinary Resolution 5 |
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| Description | To re-appoint TGS TW PLT as Auditors of the Company for the ensuing year and to authorise the Board of Directors to fix their remuneration. | |
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 33 | 1 |
| No. of Shares | 157,551,063 | 164,400 |
| % of Voted Shares | 99.8958 | 0.1042 |
| Result | Accepted | |
6. Ordinary Resolution 6 |
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| Description | Authority to allot shares pursuant to Sections 75 & 76 of the Companies Act 2016 | |
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 33 | 1 |
| No. of Shares | 157,551,063 | 164,400 |
| % of Voted Shares | 99.8958 | 0.1042 |
| Result | Accepted | |
7. Ordinary Resolution 7 |
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| Description | Proposed authority for the Company to purchase its own shares of up to 10% of the issued and paid-up share capital | |
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 33 | 1 |
| No. of Shares | 157,551,063 | 164,400 |
| % of Voted Shares | 99.8958 | 0.1042 |
| Result | Accepted | |
Announcement Info
| Company Name | HUA YANG BERHAD |
| Stock Name | HUAYANG |
| Date Announced | 30 Aug 2023 |
| Category | General Meeting |
| Reference Number | GMA-30082023-00006 |
| Corporate Action ID | MY230830MEET0006 |