GADANG

0.390

(%)

GENERAL MEETINGS: Outcome of Meeting

GADANG HOLDINGS BHD

Type of Meeting Annual General Meeting
Indicator Outcome of Meeting
Date of Meeting 06 Nov 2019
Time 10:00 AM
Venue 
Ballroom 3, First Floor
Sime Darby Convention Centre
1A Jalan Bukit Kiara 1
60000 Kuala Lumpur
Outcome of Meeting

Gadang Holdings Berhad ("Company") is pleased to announce that all the resolutions as set out in the Notice of 26th Annual General Meeting ("AGM") of the Company dated 27 September 2019, were duly passed by way of poll at the 26th AGM held on 6 November 2019. The results of the poll were duly verified by Coopers Professional Scrutineers Sdn Bhd, the independent scrutineer appointed by the Company.

 

The details of the poll results are set out below.

 

This announcement is dated 6 November 2019.

 

Voting Results

Resolution Vote in favour Vote Against Results
No. of Shares % No. of Shares % 
Ordinary Resolution No. 1:

Payment of a first and final dividend of 1.2 sen per share in respect of the financial year ended 31 May 2019.
 293,974,939 100.000000 0 0.000000 Carried 
Ordinary Resolution No. 2:

Payment of Directors' fees of RM240,000 for the financial year ending 31 May 2020, to be made payable quarterly.
 292,017,939 100.000000 0 0.000000 Carried 
Ordinary Resolution No. 3:

Payment of benefits payable to the Non-Executive Directors of the Company up to an amount of RM150,000 from 7 November 2019 until the next Annual General Meeting of the Company.
 292,017,939 100.000000 0 0.000000 Carried 
Ordinary Resolution No. 4:

Re-election of Tan Sri Dato' Seri Dr. Mohamed Ismail Bin Merican, who retires by rotation pursuant to Article 108 of the Company's Articles of Association, as Director of the Company.
 293,974,939 100.000000 0 0.000000 Carried 
Ordinary Resolution No. 5:

Re-election of Mr Huang Shi Chin, who retires by rotation pursuant to Article 108 of the Company's Articles of Association, as Director of the Company.
 293,817,939 100.000000 0 0.000000 Carried 
Ordinary Resolution No. 6:

Re-appointment of Messrs Crowe Malaysia PLT as Auditors of the Company for the financial year ending 31 May 2020 and authority to the Directors to fix their remuneration.
 293,974,939 100.000000 0 0.000000 Carried 
Ordinary Resolution No. 7:

Authority to Directors to issue shares pursuant to Sections 75 and 76 of the Companies Act, 2016.
 293,974,939 100.000000 0 0.000000 Carried 
Ordinary Resolution No. 8:

Renewal of shareholders' mandate for recurrent related party transactions of a revenue or trading nature.
 110,499,886 100.000000 0 0.000000 Carried 
Ordinary Resolution No. 9:

Approval given for Mr Boey Tak Kong to continue to act as an Independent Non-Executive Director of the Company.
291,736,489 99.850000 438,450 0.150000 Carried 
Special Resolution:

Proposed adoption of new Constitution of the Company
 293,974,939 100.000000 0 0.000000 Carried


Please refer attachment below.

Attachments

Gadang-2019 AGM Poll Results.pdf
157.2 kB


Announcement Info

Company Name GADANG HOLDINGS BHD
Stock Name GADANG
Date Announced 06 Nov 2019
Category General Meeting
Reference Number GMA-06112019-00008


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