GENERAL MEETINGS: Outcome of Meeting
| OCB BERHAD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 25 Jun 2020 |
| Time | 10:00 AM |
| Venue(s) |
Conference Room 2B-5, Level 5, Jalan SS 6/6 Kelana Jaya, 47301 Petaling Jaya Selangor Darul Ehsan Malaysia |
| Outcome of Meeting | The Board of Directors of OCB Berhad ("the Company") is pleased to announce that all the ordinary resolutions as set out in the Notice of the Sixty-First Annual General Meeting ("AGM") of the Company dated 21 May 2020 were duly passed at the aforesaid AGM which was conducted fully virtual at the above venue on 25 June 2020.
The Audited Financial Statements of the Group and of the Company for the financial year ended 31 December 2019 and the Reports of the Directors and Auditors thereon were received and duly tabled at the Sixty-First AGM under Agenda 1.
All the ordinary resolutions were voted by way of poll via Remote Participation and Voting ("RPV") at https://tiih.online at the Sixty-First AGM in accordance with Paragraph 8.29A(1) of Bursa Malaysia Securities Berhad's Main Market Listing Requirements.
The detailed poll results were verified by the Scrutineers, Quantegic Services Sdn Bhd as per attachment.
Please refer to the table below for the poll results.
This announcement is dated 25 June 2020. |
Voting Results |
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1. Ordinary Resolution 1 |
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| Description |
To re-elect Director of the Company, Abd Aziz Bin Attan who retires pursuant to Clause 82 of the Company's Constitution. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 32 | 5 |
| No. of Shares | 55,485,492 | 7,600 |
| % of Voted Shares | 99.9860 | 0.0140 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
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| Description |
To approve the payment of Directors fees amounting to RM348,000 to the Non-Executive Directors of the Company and its subsidiaries for the financial year ended 31 December 2019. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 31 | 5 |
| No. of Shares | 55,481,492 | 7,600 |
| % of Voted Shares | 99.9860 | 0.0140 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
||
| Description |
To approve the payment of benefits of up to RM150,000 to the Non-Executive Directors of the Company and its subsidiaries for the financial year ending 31 December 2020. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 31 | 5 |
| No. of Shares | 55,481,492 | 7,600 |
| % of Voted Shares | 99.9860 | 0.0140 |
| Result | Accepted | |
4. Ordinary Resolution 4 |
||
| Description |
To re-appoint Grant Thornton Malaysia PLT as Auditors of the Company to hold office until the conclusion of the next AGM of the Company and to authorise the Directors to fix the remuneration of the Auditors. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 32 | 5 |
| No. of Shares | 55,485,492 | 7,600 |
| % of Voted Shares | 99.9860 | 0.0140 |
| Result | Accepted | |
5. Ordinary Resolution 5 |
||
| Description |
Continuation of office of Tan Sri Dato Nik Ibrahim Kamil Bin Tan Sri Dato Nik Ahmad Kamil as an Independent Non-Executive Director. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 32 | 5 |
| No. of Shares | 55,485,492 | 7,600 |
| % of Voted Shares | 99.9860 | 0.0140 |
| Result | Accepted | |
6. Ordinary Resolution 6 |
||
| Description |
Proposed authority to Directors to allot and issue shares pursuant to Sections 75 and 76 of the Companies Act, 2016. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 32 | 5 |
| No. of Shares | 55,485,492 | 7,600 |
| % of Voted Shares | 99.9860 | 0.0140 |
| Result | Accepted | |
7. Ordinary Resolution 7 |
||
| Description |
Proposed renewal of authority for the Company to purchase its own shares. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 32 | 5 |
| No. of Shares | 55,485,492 | 7,600 |
| % of Voted Shares | 99.9860 | 0.0140 |
| Result | Accepted | |
Please refer attachment below.
Announcement Info
| Company Name | OCB BERHAD |
| Stock Name | OCB |
| Date Announced | 25 Jun 2020 |
| Category | General Meeting |
| Reference Number | GMA-15062020-00010 |
| Corporate Action ID | MY200615MEET0008 |