KOTRA

2.700

-0.02 (-0.7%)

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


1. Ordinary Resolution 1

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.
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

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.
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

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.
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

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.
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

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.
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

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.
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

Description
Authority to Issue Shares pursuant to the Companies Act 2016.
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

Description
Proposed Renewal of Shareholders Mandate for Existing Recurrent Related Party Transactions of a Revenue or Trading Nature.
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