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Meeting Hall, Level 16, Lion Office Tower, No. 1 Jalan Nagasari, 50200 Kuala Lumpur, Wilayah Persekutuan
Outcome of Meeting
The Board of Directors of Lion Forest Industries Berhad (“LFIB”) wishes to announce that all the resolutions set out in the Notice of the 37th Annual General Meeting of LFIB held on 26 November 2019 were duly passed by way of poll. The results of the poll were duly verified by Messrs Ong Boon Bah & Co., the Independent Scrutineers appointed by the Company.
Details of the results of the poll are set out below.
Voting Results
Resolution
Vote in favour
Vote Against
Results
No. of Shares
%
No. of Shares
%
Ordinary Resolution
1. To approve Directors’ fees
171,240,879
99.999533
800
0.000467
Carried
Ordinary Resolution
2. To approve Directors’ benefits
171,240,879
99.999533
800
0.000467
Carried
Ordinary Resolution
3. To re-elect Mr Chan Ho Wai as Director
171,240,879
99.999533
800
0.000467
Carried
Ordinary Resolution
4. To re-elect Y. Bhg. Tan Sri Abd Karim bin Shaikh Munisar as Director
171,240,879
99.999533
800
0.000467
Carried
Ordinary Resolution
5. To re-elect Dr Folk Jee Yoong as Director
171,240,879
99.999533
800
0.000467
Carried
Ordinary Resolution
6. To re-appoint Messrs Deloitte PLT as Auditors
171,240,879
99.999533
800
0.000467
Carried
Ordinary Resolution
7. Authority to Directors to Issue Shares
171,239,979
99.999007
1,700
0.000993
Carried
Ordinary Resolution
8. Proposed Renewal of Shareholders’ Mandate for Recurrent Related Party Transactions
1,099,886
99.927318
800
0.072682
Carried
Special Resolution
9. Proposed Change of Name of Company from "Lion Forest Industries Berhad" to "Lion Posim Berhad"