Hong Leong Finance : Resolutions passed at the 64th Annual General Meeting
April 26, 2024 at 07:51 pm IST
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HONG LEONG FINANCE LIMITED (Co. Reg. No. 196100003D)
RESOLUTIONS PASSED AT THE 64TH ANNUAL GENERAL MEETING OF
HONG LEONG FINANCE LIMITED HELD ON 25 APRIL 2024
The Board of Directors of Hong Leong Finance Limited (the "Company") wishes to announce that at the Company's 64th Annual General Meeting held today, 25 April 2024 ("AGM"), all resolutions referred to in the Notice of the AGM dated 27 March 2024 were duly passed by way of poll which was conducted electronically.
The results of the votes cast at the AGM are set out below:
Ordinary Business - Ordinary Resolutions
Resolution number and
Total
For
Against
details
number of
shares
Number of
As a
Number of
As a
represented
percentage
shares
shares
percentage
by votes for
of total
of total
and against
number of
number of
the relevant
votes for
votes for
resolution
and against
and against
the
the
resolution
resolution
(%)
(%)
Resolution 1
Receipt of
the
Directors'
239,830,878
239,777,678
99.98
53,200
0.02
Statement,
Audited
Financial
Statements
and the
Auditors'
Report thereon
Resolution 2
Declaration of a Final Dividend
240,095,113
240,067,913
99.99
27,200
0.01
Resolution 3
Approval of Directors' Fees
238,910,013
238,791,901
99.95
118,112
0.05
Resolution 4
Re-election of Directors:
(a) Mr Kwek Leng Kee
238,327,234
236,843,529
99.38
1,483,705
0.62
Page 1 of 3
HONG LEONG FINANCE LIMITED (Co. Reg. No. 196100003D)
RESOLUTIONS PASSED AT THE 64TH ANNUAL GENERAL MEETING OF
HONG LEONG FINANCE LIMITED HELD ON 25 APRIL 2024
Ordinary Business - Ordinary Resolutions (cont'd)
Resolution number and
Total
For
Against
details
number of
shares
Number of
As a
Number of
As a
represented
shares
percentage
shares
percentage
by votes for
of total
of total
and against
number of
number of
the relevant
votes for
votes for
resolution
and against
and against
the
the
resolution
resolution
(%)
(%)
(b)
Mr Kevin Hangchi
238,834,997
238,705,445
99.95
129,552
0.05
(c)
Mr Peter Chay Fook Yuen
239,882,513
238,458,029
99.41
1,424,484
0.59
(d) Mr Christian Gautier de
239,882,513
239,720,699
99.93
161,814
0.07
Charnace
Resolution 5
Re-appointment of KPMG LLP
239,900,513
237,459,337
98.98
2,441,176
1.02
as Auditors
Special Business - Ordinary Resolutions
Resolution 6
Authority for Directors to issue
239,874,213
239,094,071
99.67
780,142
0.33
shares and/or make or grant
offers,
agreements
or
options
pursuant to Section 161 of the
Companies Act 1967 and the
Listing
Manual
of
Singapore
Exchange
Securities
Trading
Limited
Resolution 7
Authority for Directors to offer
230,421,120
225,000,622
97.65
5,420,498
2.35
and grant options to eligible
participants
under
the Hong
Leong
Finance
Share
Option
Scheme 2001 (the "SOS") other
than Parent Group Employees
and Parent Group Non-
Executive Directors and to issue
shares in accordance with the
provisions of the SOS
Page 2 of 3
HONG LEONG FINANCE LIMITED (Co. Reg. No. 196100003D)
RESOLUTIONS PASSED AT THE 64TH ANNUAL GENERAL MEETING OF
HONG LEONG FINANCE LIMITED HELD ON 25 APRIL 2024
Details of parties who are required to abstain from voting on the following resolutions:
Details of Party(ies)
Number of shares held
Resolution number
(in own name and/or
name of nominee)
Mr Kwek Leng Beng
6,667,567
7
Mr Kwek Leng Peck
517,359
7
Mr Kwek Leng Kee
1,595,079
4(a) and 7
Mr Kevin Hangchi
648,016
4(b) and 7
Appointment of Scrutineer
T S Tay Public Accounting Corporation was appointed the Scrutineer for the AGM.
Re-election of Director to the Audit Committee ("AC")
Pursuant to Rule 704(8) of the Listing Manual of Singapore Exchange Securities Trading Limited, we wish to inform that Mr Peter Chay Fook Yuen was re-elected as Director of the Company at the AGM. Mr Chay will remain as the chairman of the AC. The Board considers Mr Chay to be independent.
BY ORDER OF THE BOARD
Yeo Swee Gim, Joanne
Ng Siew Ping, Jaslin
Company Secretaries
25 April 2024
Singapore
Page 3 of 3
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HLF - Hong Leong Finance Limited published this content on
26 April 2024 and is solely responsible for the information contained therein. Distributed by
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26 April 2024 14:20:31 UTC.
Hong Leong Finance Limited is a Singapore-based finance company. The Company offers a suite of financial products and services ranging from deposits and savings, corporate and consumer loans to government assistance programs for small and medium sized enterprises (SMEs), corporate finance and advisory services. Its deposits and savings include business current account, fixed deposits, Silver 40 Plus, Golden 55 Plus, fixed savings account, savings account and Savers Plus. Its SME loans include accounts receivable financing, block discounting, medical equipment loan, medical property loan, medical working capital loan and property development loan. Its corporate finance and advisory services consist of catalist full sponsor, catalist continuing sponsor, financial advisory, independent financial advisory and mergers and acquisitions. Its personal loan services include car loans, home loans, premium financing and share financing. It has a network of over 28 branches and 12 SME centers.
HONG LEONG FINANCE LIMITED 