GENERAL MEETINGS: Outcome of Meeting
| KOTRA INDUSTRIES BERHAD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 20 Nov 2020 |
| Time | 10:00 AM |
| Venue(s) |
Broadcast Venue Vertical Business Suite, Unit 35-01, Level 35, Tower A, Avenue 3, Bangsar South, No. 8, Jalan Kerinchi, 59200 Kuala Lumpur Malaysia |
| Outcome of Meeting | The Board of Directors of Kotra Industries Berhad ('Kotra') is pleased to announce that at the Twenty-First Annual General Meeting ('AGM') of Kotra held today, all the resolutions as set out in the Notice of Twenty-First AGM dated 22 October 2020, were duly passed by the shareholders of Kotra. The voting in respect of the resolutions were carried out by way of poll via remote participation and electronic voting and the results were validated by Cygnus IT Solutions PLT, the Independent Scrutineer appointed by Kotra. The details of the poll results are set out below. This announcement is dated 20 November 2020. |
Voting Results |
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1. Ordinary Resolution 1 |
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| Description |
To approve the payment of a final single-tier dividend of 4.5 sen per ordinary share for the financial year ended 30 June 2020. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 58 | 3 |
| No. of Shares | 73,957,686 | 9,501 |
| % of Voted Shares | 99.9872 | 0.0128 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
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| Description |
To approve the payment of Directors fees amounting to RM425,000.00 from 21 November 2020 until the next AGM of the Company in year 2021. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 50 | 11 |
| No. of Shares | 73,943,486 | 23,701 |
| % of Voted Shares | 99.9680 | 0.0320 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
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| Description |
To approve the payment of Directors benefits payable up to an amount of RM25,000.00 from 21 November 2020 until the next AGM of the Company in year 2021. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 47 | 14 |
| No. of Shares | 73,937,286 | 29,901 |
| % of Voted Shares | 99.9596 | 0.0404 |
| Result | Accepted | |
4. Ordinary Resolution 4 |
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| Description |
To re-elect the director, Mr. Piong Teck Onn, who is retiring pursuant to Clause 118 of the Companys Constitution, being eligible, has offered himself for re-election. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 55 | 6 |
| No. of Shares | 73,949,486 | 17,701 |
| % of Voted Shares | 99.9761 | 0.0239 |
| Result | Accepted | |
5. Ordinary Resolution 5 |
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| Description |
To re-elect the director, Mr. Lee Min Onn, who is retiring pursuant to Clause 118 of the Companys Constitution, being eligible, has offered himself for re-election. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 56 | 5 |
| No. of Shares | 73,954,486 | 12,701 |
| % of Voted Shares | 99.9828 | 0.0172 |
| Result | Accepted | |
6. Ordinary Resolution 6 |
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| Description |
To re-appoint Crowe Malaysia PLT as Auditors of the Company until the conclusion of the next AGM and to authorise the Directors to fix their remuneration. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 58 | 3 |
| No. of Shares | 73,956,686 | 10,501 |
| % of Voted Shares | 99.9858 | 0.0142 |
| Result | Accepted | |
7. Ordinary Resolution 7 |
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| Description |
Authority to Issue Shares pursuant to the Companies Act 2016. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 54 | 7 |
| No. of Shares | 73,949,186 | 18,001 |
| % of Voted Shares | 99.9757 | 0.0243 |
| Result | Accepted | |
8. Ordinary Resolution 8 |
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| Description |
Proposed Renewal of Shareholders Mandate for Existing Recurrent Related Party Transactions of a Revenue or Trading Nature. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 50 | 8 |
| No. of Shares | 4,860,904 | 18,721 |
| % of Voted Shares | 99.6163 | 0.3837 |
| Result | Accepted | |
Announcement Info
| Company Name | KOTRA INDUSTRIES BERHAD |
| Stock Name | KOTRA |
| Date Announced | 20 Nov 2020 |
| Category | General Meeting |
| Reference Number | GMA-19112020-00007 |
| Corporate Action ID | MY201119MEET0005 |