GENERAL MEETINGS: Outcome of Meeting
| MAH SING GROUP BERHAD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 30 Jun 2020 |
| Time | 10:00 AM |
| Venue(s) |
Broadcast Venue Penthouse Suite 1, Wisma Mah Sing No. 163, Jalan Sungai Besi 57100 Kuala Lumpur Malaysia |
| Outcome of Meeting | The Board of Directors of Mah Sing Group Berhad (“Mah Sing” or "Company") wishes to announce that the shareholders of Mah Sing had, at the Twenty-Eighth Annual General Meeting ("AGM") of Mah Sing held on 30 June 2020 approved all resolutions set out in the notice of AGM dated 29 May 2020 contained in the Annual Report for the financial year ended 31 December 2019. All the resolutions were voted by poll and the results of the poll were validated by Asia Securities Sdn Bhd, the Independent Scrutineer appointed by the Company. Details of the said results are set out below. In connection thereto, the final single-tier dividend of 3.35 sen per ordinary share in respect of the financial year ended 31 December 2019 will be paid on 29 September 2020 to the shareholders registered in the Record of Depositors on 17 September 2020. This announcement is dated 30 June 2020. |
Voting Results |
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1. Ordinary Resolution 1 |
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| Description |
To approve the declaration of a first and final single-tier dividend of 3.35 sen per ordinary share in respect of the financial year ended 31 December 2019. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 209 | 5 |
| No. of Shares | 1,453,800,406 | 10,815 |
| % of Voted Shares | 99.9990 | 0.0010 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
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| Description |
To approve the Directors' fees of RM213,863 for the financial year ended 31 December 2019. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 189 | 21 |
| No. of Shares | 1,453,449,974 | 158,547 |
| % of Voted Shares | 99.9890 | 0.0110 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
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| Description |
To re-elect Tan Sri Dato' Seri Siti Norma Binti Yaakob who retire pursuant to Article 107 of the Company's Constitution. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 192 | 20 |
| No. of Shares | 1,452,272,998 | 1,522,723 |
| % of Voted Shares | 99.8950 | 0.1050 |
| Result | Accepted | |
4. Ordinary Resolution 4 |
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| Description |
To re-elect Datuk Ho Hon Sang who retire pursuant to Article 107 of the Company's Constitution. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 196 | 16 |
| No. of Shares | 1,450,014,354 | 3,778,467 |
| % of Voted Shares | 99.7400 | 0.2600 |
| Result | Accepted | |
5. Ordinary Resolution 5 |
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| Description |
To re-appoint Messrs Deloitte 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 | 201 | 11 |
| No. of Shares | 1,453,724,604 | 71,117 |
| % of Voted Shares | 99.9950 | 0.0050 |
| Result | Accepted | |
6. Ordinary Resolution 6 |
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| Description |
To approve the proposed authority to allot shares pursuant to Sections 75 and 76 of the Companies Act 2016. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 180 | 33 |
| No. of Shares | 1,206,322,268 | 247,478,453 |
| % of Voted Shares | 82.9770 | 17.0230 |
| Result | Accepted | |
7. Ordinary Resolution 7 |
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| Description |
To approve the proposed renewal of shareholders' mandate for recurrent related party transactions of a revenue or trading nature as specified in Section 2.3.1 of the Circular to Shareholders of the Company dated 29 May 2020. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 182 | 16 |
| No. of Shares | 599,909,415 | 112,947 |
| % of Voted Shares | 99.9810 | 0.0190 |
| Result | Accepted | |
8. Ordinary Resolution 8 |
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| Description |
To approve the proposed renewal of share buy-back authority. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 191 | 21 |
| No. of Shares | 1,233,856,943 | 219,764,478 |
| % of Voted Shares | 84.8820 | 15.1180 |
| Result | Accepted | |
9. Special Resolution |
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| Description |
To approve the proposed amendment to the Company's Constitution. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 195 | 17 |
| No. of Shares | 1,451,709,523 | 120,267 |
| % of Voted Shares | 99.9920 | 0.0080 |
| Result | Accepted | |
Announcement Info
| Company Name | MAH SING GROUP BERHAD |
| Stock Name | MAHSING |
| Date Announced | 30 Jun 2020 |
| Category | General Meeting |
| Reference Number | GMA-26062020-00007 |
| Corporate Action ID | MY200626MEET0007 |