GENERAL MEETINGS: Outcome of Meeting
| AMALGAMATED INDUSTRIAL STEEL BERHAD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 18 Jun 2020 |
| Time | 11:00 AM |
| Venue(s) |
Level 3, Menara LGB, No. 1, Jalan Wan Kadir, Taman Tun Dr. Ismail, 60000 Kuala Lumpur Malaysia |
| Outcome of Meeting | The Board of Amalgamated Industrial Steel Berhad (“the Company”) is pleased to announce that all the resolutions tabled at the Company’s 49th Annual General Meeting (“AGM”) conducted fully virtual at the Broadcast Venue at Level 3, Menara LGB, No. 1, Jalan Wan Kadir, Taman Tun Dr. Ismail, 60000 Kuala Lumpur held on 18 June 2020 were duly passed by the shareholders. All the resolutions were voted by e-votting and the results of the e-votting which were validated by Boardroom Corporate Services Sdn Bhd, the independent scrutineer appointed by the Company.
This announcement is dated 18 June 2020. |
Voting Results |
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1. Ordinary Resolution 1 |
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| Description |
To approve the payment of Directors fees of RM96,000.00 for the financial year ended 31 December 2019. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 20 | 9 |
| No. of Shares | 79,146,090 | 691 |
| % of Voted Shares | 99.9991 | 0.0009 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
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| Description |
To approve the payment of Directors benefits (other than Directors fees) up to an amount of RM132,724.00 for the period from 19 June 2020 until the next AGM of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 20 | 10 |
| No. of Shares | 79,148,015 | 891 |
| % of Voted Shares | 99.9989 | 0.0011 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
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| Description |
To re-elect Dato Lim Yew Boon, Director who retires by rotation pursuant to Clause 123 of the Companys Constitution. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 29 | 4 |
| No. of Shares | 79,495,581 | 450 |
| % of Voted Shares | 99.9994 | 0.0006 |
| Result | Accepted | |
4. Ordinary Resolution 4 |
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| Description |
To re-elect Dato Ghazali Bin Mat Ariff, Director who retires by rotation pursuant to Clause 123 of the Companys Constitution. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 28 | 5 |
| No. of Shares | 79,495,381 | 650 |
| % of Voted Shares | 99.9992 | 0.0008 |
| Result | Accepted | |
5. Ordinary Resolution 5 |
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| Description |
To re-appoint Crowe Malaysia PLT as Auditors of the Company for the ensuing year and to authorise the Directors to fix their remuneration. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 32 | 2 |
| No. of Shares | 79,495,941 | 190 |
| % of Voted Shares | 99.9998 | 0.0002 |
| Result | Accepted | |
6. Ordinary Resolution 6 |
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| Description |
To authorise the allotment of shares pursuant to Sections 75 and 76 of the Companies Act, 2016. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 28 | 6 |
| No. of Shares | 79,495,641 | 490 |
| % of Voted Shares | 99.9994 | 0.0006 |
| Result | Accepted | |
7. Ordinary Resolution 7 |
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| Description |
To retain Tuan Haji Fauzi Bin Mustapha as Independent Non-Executive Director. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 28 | 5 |
| No. of Shares | 79,475,581 | 550 |
| % of Voted Shares | 99.9993 | 0.0007 |
| Result | Accepted | |
Please refer attachment below.
Announcement Info
| Company Name | AMALGAMATED INDUSTRIAL STEEL BERHAD |
| Stock Name | AISB |
| Date Announced | 18 Jun 2020 |
| Category | General Meeting |
| Reference Number | GMA-17062020-00019 |
| Corporate Action ID | MY200617MEET0017 |