General Meetings: Outcome Of Meeting
BackMay 28, 2025
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 28 May 2025 |
| Time | 10:00 AM |
| Venue(s) | Ballroom, Ground Floor, d'Tempat Country Club, PT 12653, Jalan Pusat Dagangan Sendayan 1, Bandar Sri Sendayan, 71950 Seremban, Negeri Sembilan Malaysia |
| Outcome of Meeting |
The Board of Directors of Hengyuan Refining Company Berhad ("the Company") wishes to announce that the resolutions as set out in the Notice of Annual General Meeting of the Company dated 25 April 2025 and tabled at the said Annual General Meeting held on 28 May 2025 were carried out by way of poll. The results of the poll are set out in the attachment below.
The Board of Directors is also pleased to announce that the poll results have been duly verified by the Independent Scrutineer namely, Scrutineer Solutions Sdn. Bhd..
This announcement is dated 28 May 2025. |
Voting Results |
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1. Ordinary Resolution 1 |
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| Description | To re-elect Madam Tai Sook Yee who retire in accordance with Article 81(c) of the Constitution of the Company, and being eligible, have offered herself for re-election. | |
| Shareholder's Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 44 | 5 |
| No. of Shares | 154,447,726 | 11,824 |
| % of Voted Shares | 99.9923 | 0.0077 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
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| Description | To re-elect Mr Peter Ho Kok Wai who retire in accordance with Article 81(h) of the Constitution of the Company, and being eligible, have offered himself for re-election. | |
| Shareholder's Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 44 | 5 |
| No. of Shares | 154,447,726 | 11,824 |
| % of Voted Shares | 99.9923 | 0.0077 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
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| Description | To appoint KPMG PLT as auditors of the Company for the financial year ending 31 December 2025 and to hold office until conclusion of the next annual general meeting at a remuneration to be determined by the directors. | |
| Shareholder's Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 47 | 2 |
| No. of Shares | 154,449,450 | 10,100 |
| % of Voted Shares | 99.9935 | 0.0065 |
| Result | Accepted | |
4. Ordinary Resolution 4 |
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| Description | To approve the payment of Non-Executive Directors' fees and benefits of up to RM2,400,000.00 for the period from 1 June 2025 until 31 May 2026. | |
| Shareholder's Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 35 | 14 |
| No. of Shares | 154,248,226 | 211,324 |
| % of Voted Shares | 99.8632 | 0.1368 |
| Result | Accepted | |
5. Ordinary Resolution 5 |
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| Description | Proposed Renewal of Authority to Issue and Allot Shares Pursuant to Sections 75 and 76 of the Companies Act 2016. | |
| Shareholder's Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 42 | 7 |
| No. of Shares | 154,445,226 | 14,324 |
| % of Voted Shares | 99.9907 | 0.0093 |
| Result | Accepted | |
6. Ordinary Resolution 6 |
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| Description | Proposed Renewal of Authority for Share Buy-Back. | |
| Shareholder's Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 44 | 5 |
| No. of Shares | 154,447,250 | 12,300 |
| % of Voted Shares | 99.9920 | 0.0080 |
| Result | Accepted | |
7. Ordinary Resolution 7 |
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| Description | Proposed Renewal of Existing Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature. | |
| Shareholder's Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 41 | 7 |
| No. of Shares | 1,376,224 | 14,324 |
| % of Voted Shares | 98.9699 | 1.0301 |
| Result | Accepted | |
Please refer attachment below.
Announcement Info
| Company Name | HENGYUAN REFINING COMPANY BERHAD |
| Stock Name | HENGYUAN |
| Date Announced | 28 May 2025 |
| Category | General Meeting |
| Reference Number | GMA-27052025-00001 |
| Corporate Action ID | MY250527MEET0001 |
Attachments
- HRC_-_Polling_Results_for_66th_AGM_20250528.pdf (Size: 57,391 bytes)