HCK Capital Group Bhd recently held an extraordinary general meeting (EGM) in its office in Wisma HCK, Section 19, Petaling Jaya. Two resolutions were put to a vote and they were unanimously carried by the shareholders.
The resolutions were to subdivide each HCK Capital Group’s share into five lots and the issuing of one warrant at RM0.05 for every two subdivided shares. The resolutions were approved by way of polling and the results were validated by scrutineers appointed by the company.
The EGM was chaired by the company’s Executive Chairman, Tan Sri Clement Hii. In his welcoming speech, Hii said the corporate exercise was to increase the liquidity of the company’s shares and make them more affordable. HCK Capital Group’s share price has been steadily climbing since Hii took control of the company in 2014.
HCK Capital Group Bhd is primarily involved in the property sector, including development, management and en bloc purchase and resale. The company also has direct and indirect interests in education, media and food and beverages.
Part of the shareholders who attended the EGM.
Tan Sri Clement Hii (holding the microphone) chaired the EGM.