GENERAL MEETINGS: Outcome of Meeting
| INTEGRATED LOGISTICS BHD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 30 Jul 2020 |
| Time | 10:00 AM |
| Venue(s) |
Broadcast Venue at No. 6, Jalan Sungai Buloh 27/101A, Seksyen 27, 40400 Shah Alam, Selangor Darul Ehsan Malaysia |
| Outcome of Meeting | The Board of Directors of Integrated Logistics Berhad ("ILB" or "the Company") is pleased to announce that all the resolutions as set out in the Notice of the Twenty-Eighth Annual General Meeting ("28th AGM") of ILB dated 1 July 2020 were duly passed by way of poll at the 28th AGM of ILB which was conducted fully virtual at the Broadcast Venue at No. 6, Jalan Sungai Buloh 27/101A, Seksyen 27 40400 Shah Alam, Selangor on Thursday, 30 July 2020 at 10.00 a.m.
The results of the poll were validated by Niche & Milestones International Sdn. Bhd. (Company No. 533444-V), being the Independent Scrutineer appointed by the Company.
The details of the poll results are set out below.
This announcement is dated 30 July 2020. |
Voting Results |
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1. Ordinary Resolution 1 |
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| Description |
To approve the payment of Directors Fees to the Non-Executive Directors up to an amount of RM318,000 for the period from 1 April 2020 until the next Annual General Meeting of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 36 | 2 |
| No. of Shares | 120,546,598 | 1,170 |
| % of Voted Shares | 99.9990 | 0.0010 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
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| Description |
To approve the payment of Directors Benefits to Non-Executive Directors amounting to RM31,765 for the period from 1 April 2020 until the next Annual General Meeting of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 35 | 2 |
| No. of Shares | 120,546,598 | 1,170 |
| % of Voted Shares | 99.9990 | 0.0010 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
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| Description |
To re-elect the following Director retiring by rotation in accordance with Clause 100 of the Companys Constitution :- a) Mr. Tee Tuan Sem |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 38 | 0 |
| No. of Shares | 120,547,768 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
4. Ordinary Resolution 4 |
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| Description |
To re-elect the following Director retiring by rotation in accordance with Clause 100 of the Companys Constitution :- b) Dato' Wan Hashim bin Wan Jusoh |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 38 | 0 |
| No. of Shares | 120,547,768 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
5. Ordinary Resolution 5 |
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| Description |
To re-appoint Messrs Baker Tilly Monteiro Heng PLT as the Companys Auditors until the conclusion of the next AGM and to authorise the Directors to fix their remuneration. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 38 | 0 |
| No. of Shares | 120,547,768 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
6. Ordinary Resolution 6 (Tier 1) |
||
| Description |
Retention of Independent Director of the Company pursuant to Practice 4.2 of The Malaysian Code of Corporate Governance:- -Datuk R. Karunakaran |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 2 | 0 |
| No. of Shares | 28,095,673 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
7. Ordinary Resolution 6 (Tier 2) |
||
| Description |
Retention of Independent Director of the Company pursuant to Practice 4.2 of The Malaysian Code of Corporate Governance:- -Datuk R. Karunakaran |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 35 | 1 |
| No. of Shares | 71,867,312 | 20,584,783 |
| % of Voted Shares | 77.7346 | 22.2654 |
| Result | Accepted | |
8. Ordinary Resolution 7 |
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| Description |
Proposed Renewal of Share Buy-Back Authority |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 38 | 0 |
| No. of Shares | 120,547,768 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
9. Special Resolution |
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| Description |
Proposed Amendments to the Constitution of the Company |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 38 | 0 |
| No. of Shares | 120,547,768 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
10. Ordinary Resolution 8 |
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| Description |
Authority to Issue Shares pursuant to Sections 75 and 76 of The Companies Act, 2016 |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 37 | 1 |
| No. of Shares | 120,547,228 | 540 |
| % of Voted Shares | 99.9996 | 0.0004 |
| Result | Accepted | |
Please refer attachment below.
Announcement Info
| Company Name | INTEGRATED LOGISTICS BHD |
| Stock Name | ILB |
| Date Announced | 30 Jul 2020 |
| Category | General Meeting |
| Reference Number | GMA-30072020-00019 |
| Corporate Action ID | MY200730MEET0018 |