GENTING

4.700

-0.02 (-0.4%)

GENERAL MEETINGS: Outcome of Meeting

GENTING BERHAD

Type of Meeting General
Indicator Outcome of Meeting
Date of Meeting 22 Jun 2020
Time 02:30 PM

Venue(s)
Broadcast Venue, 14th Floor, Wisma Genting

Jalan Sultan Ismail

50250 Kuala Lumpur

Malaysia

Outcome of Meeting
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.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 872 84
No. of Shares 756,635,561 159,448,616
% of Voted Shares 82.5950 17.4050
Result Accepted






Announcement Info

Company Name GENTING BERHAD
Stock Name GENTING
Date Announced 22 Jun 2020
Category General Meeting
Reference Number GMA-22062020-00042
Corporate Action ID MY200622MEET0041