GENERAL MEETINGS: Outcome of Meeting
| STAR MEDIA GROUP BERHAD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 22 Jun 2020 |
| Time | 10:00 AM |
| Venue(s) |
Broadcast venue : Cyberhub, Level 2 Menara Star, 15, Jalan 16/11 46350 Petaling Jaya Selangor Darul Ehsan Malaysia |
| Outcome of Meeting | The Board of Directors of Star Media Group Berhad ("the Company") wishes to announce that all the resolutions set out in the Notice of 48th Annual General Meeting ("AGM") dated 22 May 2020 which were tabled at the 48th AGM of the Company held today, 22 June 2020 were duly passed at the said AGM.
All the resolutions were voted by poll in accordance with Paragraph 8.29A of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad. The results of the poll were validated by Coopers Professional Scrutineers Sdn Bhd, the Independent Scrutineers appointed by the Company.
Please refer to the attachment for the poll results. |
Voting Results |
||
1. Ordinary Resolution 1 |
||
| Description |
To re-elect Dato' Fu Ah Kiow who retires pursuant to Clause 116 of the Constitution of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 75 | 24 |
| No. of Shares | 325,622,796 | 77,218,101 |
| % of Voted Shares | 80.8320 | 19.1680 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
||
| Description |
To re-elect Madam Wong You Fong who retires pursuant to Clause 116 of the Constitution of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 78 | 22 |
| No. of Shares | 402,406,496 | 439,401 |
| % of Voted Shares | 99.8910 | 0.1090 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
||
| Description |
To approve the Directors' fees up to an amount of RM700,000 to the Non-Executive Directors for the financial year ended 31 December 2019. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 69 | 30 |
| No. of Shares | 402,230,896 | 666,001 |
| % of Voted Shares | 99.8350 | 0.1650 |
| Result | Accepted | |
4. Ordinary Resolution 4 |
||
| Description |
To approve the payment of Directors' benefits (excluding Directors' fees) to the Non-Executive Directors up to RM500,000 from the conclusion of the Forth-Eighth Annual General Meeting ("AGM") until the next AGM of the Company.
|
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 68 | 29 |
| No. of Shares | 402,253,196 | 565,701 |
| % of Voted Shares | 99.8600 | 0.1400 |
| Result | Accepted | |
5. Ordinary Resolution 5 |
||
| Description |
To re-appoint Messrs. BDO PLT as Auditors of the Company for the financial year ending 31 December 2020 and to authorise the Directors to fix their remuneration. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 84 | 16 |
| No. of Shares | 402,506,796 | 409,101 |
| % of Voted Shares | 99.8980 | 0.1020 |
| Result | Accepted | |
6. Ordinary Resolution 6 |
||
| Description |
To approve the proposed authority to allot and issue shares pursuant to Section 75 of the Companies Act 2016. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 72 | 25 |
| No. of Shares | 324,929,296 | 77,943,601 |
| % of Voted Shares | 80.6530 | 19.3470 |
| Result | Accepted | |
7. Ordinary Resolution 7 |
||
| Description |
To approve the proposed renewal of share buy back authority. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 82 | 18 |
| No. of Shares | 402,111,796 | 805,101 |
| % of Voted Shares | 99.8000 | 0.2000 |
| Result | Accepted | |
Please refer attachment below.
Announcement Info
| Company Name | STAR MEDIA GROUP BERHAD |
| Stock Name | STAR |
| Date Announced | 22 Jun 2020 |
| Category | General Meeting |
| Reference Number | GMA-18062020-00021 |
| Corporate Action ID | MY200618MEET0015 |