Our website is made possible by displaying non-intrusive online advertisements to our visitors.
Please consider supporting us by disabling or pausing your ad blocker.
The Board of Directors of Genting Berhad ("GENT") is pleased to inform that the shareholders of GENT had, at the Fifty-Second Annual General Meeting ("52nd AGM") of GENT held on Monday, 22 June 2020 approved all the 10 Ordinary Resolutions as set out in the Notice of the 52nd AGM by way of poll.
The results of the poll were duly validated by Deloitte Risk Advisory Sdn Bhd, the Independent Scrutineer appointed by GENT.
Details of the results of the poll are set out below.
This announcement is dated 22 June 2020.
Voting Results
1. Ordinary Resolution 1
Description
To approve the declaration of a final single-tier dividend of 6.0 sen per ordinary share for the financial year ended 31 December 2019 to be paid on 27 July 2020 to members registered in the Record of Depositors on 30 June 2020.
Shareholder’s Action
For Voting
Voted
For
Against
No. of Shareholders
954
18
No. of Shares
2,638,132,267
1,236,800
% of Voted Shares
99.9530
0.0470
Result
Accepted
2. Ordinary Resolution 2
Description
To approve the payment of Directors' fees of RM1,071,008 for the financial year ended 31 December 2019.
Shareholder’s Action
For Voting
Voted
For
Against
No. of Shareholders
882
79
No. of Shares
2,566,439,866
4,689,221
% of Voted Shares
99.8180
0.1820
Result
Accepted
3. Ordinary Resolution 3
Description
To approve the payment of Directors' benefits-in-kind for the period from 22 June 2020 (except for Meeting Allowance for Risk Management Committee from 1 January 2020) until the next annual general meeting of the Company in 2021.
Shareholder’s Action
For Voting
Voted
For
Against
No. of Shareholders
867
93
No. of Shares
2,634,465,346
4,768,721
% of Voted Shares
99.8190
0.1810
Result
Accepted
4. Ordinary Resolution 4
Description
To re-elect Tan Sri Foong Cheng Yuen as a Director of the Company pursuant to Paragraph 107 of the Company's Constitution.
Shareholder’s Action
For Voting
Voted
For
Against
No. of Shareholders
903
60
No. of Shares
2,614,368,946
24,891,921
% of Voted Shares
99.0570
0.9430
Result
Accepted
5. Ordinary Resolution 5
Description
To re-elect Dato' Dr. R. Thillainathan as a Director of the Company pursuant to Paragraph 107 of the Company's Constitution.
Shareholder’s Action
For Voting
Voted
For
Against
No. of Shareholders
807
163
No. of Shares
2,483,918,421
155,379,346
% of Voted Shares
94.1130
5.8870
Result
Accepted
6. Ordinary Resolution 6
Description
To re-elect Mr Tan Kong Han as a Director of the Company pursuant to Paragraph 112 of the Company's Constitution.
Shareholder’s Action
For Voting
Voted
For
Against
No. of Shareholders
911
51
No. of Shares
2,625,292,932
13,873,335
% of Voted Shares
99.4740
0.5260
Result
Accepted
7. Ordinary Resolution 7
Description
To re-appoint PricewaterhouseCoopers PLT as Auditors of the Company and to authorise the Directors to fix their remuneration.
Shareholder’s Action
For Voting
Voted
For
Against
No. of Shareholders
898
66
No. of Shares
2,621,989,221
14,190,046
% of Voted Shares
99.4620
0.5380
Result
Accepted
8. Ordinary Resolution 8
Description
To approve the authority to Directors pursuant to Sections 75 and 76 of the Companies Act 2016.
Shareholder’s Action
For Voting
Voted
For
Against
No. of Shareholders
874
74
No. of Shares
2,360,566,071
137,547,216
% of Voted Shares
94.4940
5.5060
Result
Accepted
9. Ordinary Resolution 9
Description
To renew the authority for the Company to purchase its own shares.
Shareholder’s Action
For Voting
Voted
For
Against
No. of Shareholders
927
43
No. of Shares
2,632,363,851
5,974,216
% of Voted Shares
99.7740
0.2260
Result
Accepted
10. Ordinary Resolution 10
Description
To approve the proposed renewal of shareholders' mandate for recurrent related party transactions of a revenue or trading nature and proposed new shareholders' mandate for additional recurrent related party transactions of a revenue or trading nature.