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Training Centre Ownership Room, 2nd Floor, Kossan R&D Centre,
PT 7836, Jalan Haji Abdul Manan/ KU8,
Kawasan Perindustrian Meru Selatan,
41050 Klang, Selangor Darul Ehsan.
Malaysia
Outcome of Meeting
The Board of Directors of Kossan Rubber Industries Bhd ("Kossan") is pleased to announce that all resolutions as set out in the Notice of Annual General Meeting ("AGM") dated 11 June 2020 were duly passed by the shareholders of the Company at the 40th AGM of the Company held on 10 July 2020. Voting on all the resolutions were carried out by way of poll.
Voting Results
1. Ordinary Resolution 1
Description
To approve the payment of Directors fees of RM330,000 for the financial year ended 31 December 2019. (2018: RM300,000.00)
Shareholder’s Action
For Voting
Voted
For
Against
No. of Shareholders
449
21
No. of Shares
971,348,783
493,662
% of Voted Shares
99.9492
0.0508
Result
Accepted
2. Ordinary Resolution 2
Description
To re-elect the following Directors retiring by rotation pursuant to Article 86 of the Company's Constitution and being eligible have offered themselves for re-election: Mohamed Shafeii Bin Abdul Gaffoor
Shareholder’s Action
For Voting
Voted
For
Against
No. of Shareholders
414
53
No. of Shares
936,195,527
17,482,018
% of Voted Shares
98.1669
1.8331
Result
Accepted
3. Ordinary Resolution 3
Description
To re-elect the following Directors retiring by rotation pursuant to Article 86 of the Company's Constitution and being eligible have offered themselves for re-election : Lee Choo Hock
Shareholder’s Action
For Voting
Voted
For
Against
No. of Shareholders
453
19
No. of Shares
970,684,083
1,183,662
% of Voted Shares
99.8782
0.1218
Result
Accepted
4. Ordinary Resolution 4
Description
To re-elect the following Directors retiring by rotation pursuant to Article 86 of the Company's Constitution and being eligible have offered themselves for re-election: Hoh Kim Hyan
Shareholder’s Action
For Voting
Voted
For
Against
No. of Shareholders
453
14
No. of Shares
970,684,083
1,183,546
% of Voted Shares
99.8782
0.1218
Result
Accepted
5. Ordinary Resolution 5
Description
To re-appoint KPMG PLT as Auditors of the Company for the ensuing year and to authorise the Directors to fix their remuneration
Shareholder’s Action
For Voting
Voted
For
Against
No. of Shareholders
457
10
No. of Shares
971,623,473
13,106
% of Voted Shares
99.9987
0.0013
Result
Accepted
6. Ordinary Resolution 6
Description
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
428
39
No. of Shares
916,647,597
48,460,132
% of Voted Shares
94.9788
5.0212
Result
Accepted
7. Ordinary Resolution 7
Description
Proposed Renewal Of Shareholders Mandate For Recurrent Related Party Transactions Of A Revenue Or Trading Nature
Shareholder’s Action
For Voting
Voted
For
Against
No. of Shareholders
452
11
No. of Shares
336,039,029
13,182
% of Voted Shares
99.9961
0.0039
Result
Accepted
8. Ordinary Resolution 8
Description
Proposed Renewal Of Shareholders Mandate For Share Buy-Back (Proposed Share Buy-Back)