GENERAL MEETINGS: Outcome of Meeting
| KRETAM HOLDINGS BERHAD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 10 Jul 2020 |
| Time | 10:00 AM |
| Venue(s) |
Lot 6, Block 44, Leboh Tiga, 90000 Sandakan, Sabah. Malaysia |
| Outcome of Meeting | The Board of Directors of Kretam Holdings Berhad (“Kretam” or “the Company”) wishes to announce that all resolutions as set out in the Notice of the 32nd Annual General Meeting (“AGM”) dated 12 June 2020 were duly passed and carried at the 32nd AGM of the Company duly convened and held on 10 July 2020. All the resolutions were voted by poll and the results of the poll were validated by Datuk Liaw Chee Shing, John, the Independent Scrutineer appointed by the Company. Details of the results of the poll are set out in the attachment. This announcement is dated 10 July 2020. |
Voting Results |
||
1. Ordinary Resolution 1 |
||
| Description |
To re-elect Mr Lee Kok Toong @ Lee Ming Heng who retires by rotation pursuant to Article 79 of the Company's Constitution. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 21 | 2 |
| No. of Shares | 311,220,745 | 6,582,300 |
| % of Voted Shares | 97.9300 | 2.0700 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
||
| Description |
To approve the payment of Directors' fees of RM60,000 for the financial year ended 31 December 2019. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 18 | 0 |
| No. of Shares | 18,674,500 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
||
| Description |
To approve the payment of Directors' remuneration (excluding Directors' fees) of up to an amount of RM180,000 to the Independent Non-Executive Directors from 1 June 2020 to the next AGM of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 23 | 0 |
| No. of Shares | 317,803,045 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
4. Ordinary Resolution 4 |
||
| Description |
To re-appoint Messrs Ernst & Young 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 | 23 | 0 |
| No. of Shares | 317,803,045 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
5. Ordinary Resolution 5 |
||
| Description |
To approve Mr Tan Kung Ming's continuation in office as Independent Non-Executive Director. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 23 | 0 |
| No. of Shares | 317,803,045 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
6. Ordinary Resolution 6 |
||
| Description |
To approve Ms Teo Gim Suan's continuation in office as Independent Non-Executive Director. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 23 | 0 |
| No. of Shares | 317,803,045 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
7. Ordinary Resolution 7 |
||
| Description |
To approve the grant of authority for the Directors to issue and allot shares pursuant to Sections 75 & 76 of the Companies Act 2016. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 23 | 0 |
| No. of Shares | 317,803,045 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
8. Ordinary Resolution 8 |
||
| Description |
To approve the proposed renewal of the existing Shareholders mandate for Recurrent Related Party Transactions of a revenue or trading nature. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 14 | 0 |
| No. of Shares | 11,679,000 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
9. Special Resolution 1 |
||
| Description |
To approve the proposed Amendments to the Constitution. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 23 | 0 |
| No. of Shares | 317,803,045 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
Please refer attachment below.
Announcement Info
| Company Name | KRETAM HOLDINGS BERHAD |
| Stock Name | KRETAM |
| Date Announced | 10 Jul 2020 |
| Category | General Meeting |
| Reference Number | GMA-10072020-00007 |
| Corporate Action ID | MY200710MEET0007 |