Highway : Report Of Foreign Private Issuer - Form 6-K
August 28, 2023 at 06:59 pm EDT
Share
On August 25, 2023, the Company held its Annual Meeting of Shareholders (the "Annual Shareholders Meeting") at the offices of TroyGould PC, 1801 Century Park East, Suite 1600, Los Angeles, California U.S.A. At the Annual Shareholders Meeting, the Company's shareholders voted on two proposals, each of which is described in more detail in the Company's Proxy Statement filed as Exhibit 99.2 on the Company's Report of Foreign Private Issuer on Form 6-K filed with the Securities and Exchange Commission on July 14, 2023 (the "Proxy Statement"). At the Annual Shareholders Meeting, 2,625,048 common shares, or approximately 59.77% of common shares outstanding at the record date of June 28, 2023 were present at the meeting in person or by proxy. The following is a brief description of each matter voted upon and the certified results, including the number of votes cast for and against each matter.
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Proposal 1: to elect Dirk Hermann to the Company's Board of Directors as Class I director for a three-year term expiring at the 2026 Annual Meeting of Shareholders; and
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Proposal 2: a proposal to ratify the selection by the Board of Directors of ARK Pro CPA & Co as the independent accountants of the Company for the fiscal year ending March 31, 2024.
Voting Results
Proposal 1: Dirk Hermann was elected as director with 2,005,093 "FOR" votes and 20,279 "WITHHELD" votes.
Proposal 2: This proposal was approved with 2,571,434 "FOR" votes, 8,149 "AGAINST" votes and 10,359 "ABSTAIN" votes.
Highway Holdings Limited published this content on 28 August 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 August 2023 22:56:56 UTC.
Highway Holdings Limited is a holding company. The Company manufactures and supplies various metal, plastic and electric parts, components and products to its original equipment manufacturing (OEM) clients, which are used by the Company's customers in the manufacturing of products, such as photocopiers, laser printers, compact disc players, laser disc players, computer equipment, electrical components, electrical connectors, vacuum cleaners, light fixtures, electro motors, pumps, automobiles and dishwasher, and other washing machine components. The Company operates in two segments: the metal stamping and mechanical OEM segment, and the electric OEM segment. The metal stamping and mechanical OEM segment focuses on the manufacture and sale of metal parts and components, whereas the electric OEM segment focuses on the manufacture and sale of plastic and electronic parts, components and machines.
HIGHWAY HOLDINGS LIMITED 