The Board of Directors of Hong Seng Consolidated Berhad ("the Company") is pleased to announce that all the resolutions under Ordinary and Special Businesses as prescribed in the Notice of Twenty-Third Annual General Meeting ("23rd AGM") of the Company dated 31 July 2024 were duly passed by the shareholders of the Company by way of poll at the 23rd AGM, except Special Resolution 2 in respect to the Proposed Change of Name which was not carried.

The results of the poll were validated by Quantegic Services Sdn. Bhd., the independent scrutineer appointed by the Company.

The Audited Financial Statements for the financial period ended 31 March 2024 together with the Reports of the Directors and Auditors thereon were received and duly tabled at the 23rd AGM of the Company under Agenda 1.

Please refer to the attachment for the details of the outcome.

This announcement is dated 29 August 2024.

To approve the payment of Directors' fees and/or benefits of up to RM450,000.00 for the period commencing from the date immediately after this 23rd AGM until the date of the
next Annual General Meeting of the Company.

To re-elect Mr. Christopher Chan Hooi Guan as a Director of the Company.

To re-elect Mr. Yap Kien Ming as a Director of the Company.

To re-elect Mr. Leong Seng Wui as a Director of the Company.

To re-appoint Grant Thornton Malaysia PLT as Auditors of the Company.

To approve the general authority for the Directors to issue and allot shares pursuant to Sections 75 and 76 of the Companies Act 2016.

To approve the Proposed New Shareholders' Mandate.

To approve the Proposed Amendments to the Constitution of the Company.

To approve the Proposed Change of Name.