GENERAL MEETINGS: Outcome of Meeting
| ILB GROUP BERHAD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 28 Apr 2023 |
| Time | 10:00 AM |
| Venue(s) |
Broadcast Venue at Level 12, Menara Symphony, No. 5, Jalan Prof. Khoo Kay Kim, Seksyen 13, 46200 Petaling Jaya, Selangor Meeting Platform via https://meeting.boardroomlimited.my with Remote Participation and Electronic Voting facilities Malaysia |
| Outcome of Meeting | The Board of Directors of IILB Group Berhad ("ILB" or "the Company") is pleased to announce that all the resolutions as set out in the Notice of the Thirty-First Annual General Meeting ("31st AGM") of ILB dated 30 March 2023 were duly passed by way of poll at the 31st AGM of ILB which was conducted fully virtual at the Broadcast Venue at Level 12, Menara Symphony, No. 5, Jalan Prof. Khoo Kay Kim, Seksyen 13, 46200 Petaling Jaya, Selangor on Friday, 28 April 2023 at 10.00 a.m.
The results of the poll were validated by Sky Corporate Services Sdn Bhd, being the Independent Scrutineer appointed by the Company.
The details of the poll results are set out below.
This announcement is dated 28 April 2023. |
Voting Results |
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1. Ordinary Resolution 1 |
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| Description |
To approve the payment of Directors' Fees to Non-Executive Directors up to an amount of RM378,000 for the period from 31st Annual General Meeting until the next Annual General Meeting of the Company. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 376 | 46 |
| No. of Shares | 133,086,114 | 7,234 |
| % of Voted Shares | 99.9946 | 0.0054 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
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| Description |
To approve payment of Directors' Benefits to Non-Executive Directors up to an amount of RM63,000 for the period from 31st Annual General Meeting until the next Annual General Meeting of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 366 | 56 |
| No. of Shares | 133,080,068 | 13,280 |
| % of Voted Shares | 99.9900 | 0.0100 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
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| Description |
To re-elect Tee Tuan Sem as Director in accordance with Clause 100 of the Company's Constitution. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 380 | 42 |
| No. of Shares | 97,810,595 | 35,279,516 |
| % of Voted Shares | 73.4920 | 26.5080 |
| Result | Accepted | |
4. Ordinary Resolution 4 |
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| Description |
To re-elect Dato Wan Hashim bin Wan Jusoh as Director in accordance with Clause 100 of the Company's Constitution. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 384 | 38 |
| No. of Shares | 133,089,394 | 717 |
| % of Voted Shares | 99.9995 | 0.0005 |
| Result | Accepted | |
5. Ordinary Resolution 5 |
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| Description |
To re-appoint Messrs Baker Tilly Monteiro Heng PLT as the Company's Auditors until the conclusion of the next Annual General Meeting and to authorize the Directors to fix their remuneration. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 385 | 37 |
| No. of Shares | 133,089,396 | 715 |
| % of Voted Shares | 99.9995 | 0.0005 |
| Result | Accepted | |
6. Ordinary Resolution 6 |
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| Description |
Proposed Renewal of Share Buy-Back Authority. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 381 | 42 |
| No. of Shares | 97,802,350 | 35,291,001 |
| % of Voted Shares | 73.4840 | 26.5160 |
| Result | Accepted | |
7. Ordinary Resolution 7 |
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| Description |
Authority to issue shares pursuant to Sections 75, 76 and 85 of the Companies Act, 2016 and Clause 54 of the Company's Constitution. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 367 | 56 |
| No. of Shares | 97,291,481 | 35,801,870 |
| % of Voted Shares | 73.1002 | 26.8998 |
| Result | Accepted | |
Please refer attachment below.
Announcement Info
| Company Name | ILB GROUP BERHAD |
| Stock Name | ILB |
| Date Announced | 28 Apr 2023 |
| Category | General Meeting |
| Reference Number | GMA-28042023-00013 |
| Corporate Action ID | MY230428MEET0011 |