GENERAL MEETINGS: Outcome of Meeting
| ORIENTAL FOOD INDUSTRIES HOLDINGS BERHAD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 27 Aug 2020 |
| Time | 02:30 PM |
| Venue(s) |
Tiara Function Room, Tiara Melaka Golf and Country Club Jalan Gapam, Bukit Katil 75760 Melaka Malaysia |
| Outcome of Meeting | The Board of Directors of Oriental Food Industries Holdings Berhad ("the Company") is pleased to announce that all the resolutions tabled at the Company's Annual General Meeting held on 27 August 2020 were duly passed by way of poll.
The result of the poll has been verified by Boardroom Corporate Services Sdn. Bhd., the Independent Scrutineer appointed by the Company.
Please refer to the attachment for full details of the poll result.
This announcement is dated 27 August 2020. |
Voting Results |
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1. Ordinary Resolution 1 |
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| Description |
To approve the payment of Directors fees amounting to RM316,935.49 for the financial year ended 31 March 2020. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 28 | 0 |
| No. of Shares | 166,377,016 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
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| Description |
To approve the proposed payment of Directors remuneration and benefits (excluding Directors fees) up to an amount of RM130,000.00 to the Directors with effect from 28 August 2020 until the next Annual General Meeting. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 28 | 0 |
| No. of Shares | 166,377,016 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
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| Description |
To re-elect Datuk Seri Son Chen Chuan whom retires by rotation in accordance with Clause 122 of the Constitution of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 24 | 4 |
| No. of Shares | 162,871,016 | 3,506,000 |
| % of Voted Shares | 97.8927 | 2.1073 |
| Result | Accepted | |
4. Ordinary Resolution 4 |
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| Description |
To re-elect Datuk Son Tong Leong whom retires by rotation in accordance with Clause 122 of the Constitution of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 24 | 4 |
| No. of Shares | 162,871,016 | 3,506,000 |
| % of Voted Shares | 97.8927 | 2.1073 |
| Result | Accepted | |
5. Ordinary Resolution 5 |
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| Description |
To re-appoint Messrs Crowe Malaysia PLT as Auditors of the Company for the financial year ending 31 March 2021 and to authorise the Directors to determine their remuneration. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 28 | 0 |
| No. of Shares | 166,377,016 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
6. Ordinary Resolution 6 |
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| Description |
To approve Tan Sri Dato Azizan Bin Husain who has served the Board as an Independent Non-Executive Director of the Company for a cumulative term of more than twelve (12) years since 8 June 2000 be and is hereby retained and continue to act as the Independent Non-Executive Director of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 28 | 0 |
| No. of Shares | 166,377,016 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
7. Ordinary Resolution 7 |
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| Description |
Authority under Section 75 and 76 of the Companies Act 2016 for the Directors to allot and issue shares. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 28 | 0 |
| No. of Shares | 166,377,016 | 0 |
| % of Voted Shares | 0.0000 | 0.0000 |
| Result | Accepted | |
8. Ordinary Resolution 8 |
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| 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 | 8 | 0 |
| No. of Shares | 3,529,100 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
9. Ordinary Resolution 9 |
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| Description |
Proposed Renewal of Share Buy-Back Authority for the Purchase by the Company of its Own Shares. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 28 | 0 |
| No. of Shares | 166,377,016 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
Please refer attachment below.
Announcement Info
| Company Name | ORIENTAL FOOD INDUSTRIES HOLDINGS BERHAD |
| Stock Name | OFI |
| Date Announced | 27 Aug 2020 |
| Category | General Meeting |
| Reference Number | GMA-12082020-00010 |
| Corporate Action ID | MY200812MEET0010 |