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KMLOONG

1.130

(%)

GENERAL MEETINGS: Outcome of Meeting

KIM LOONG RESOURCES BERHAD

Type of Meeting Annual General Meeting
Indicator Outcome of Meeting
Date of Meeting 25 Jul 2019
Time 11:00 AM
Venue
Lido Room, Level 6, Amari Johor Bahru, No. 82C, Jalan Trus, 80000 Johor Bahru, Johor Darul Takzim
Outcome of Meeting

The Board of Directors of Kim Loong Resources Berhad ("KLRB") wishes to announce that at the Forty-fourth Annual General Meeting of KLRB duly convened and held this morning, all the resolutions as set out in the Notice of Annual General Meeting dated 30th May, 2019 were duly passed by the members present by way of poll.

 

The results of the poll which were validated by Messrs. SKW Associates, Chartered Accountants, the Independent Scrutineer appointed by the Company, are as set out below -

Voting Results

Resolution Vote in favour Vote Against Results
No. of Shares % No. of Shares %
Ordinary Resolution 1
Adoption of Directors’ Report and the Audited Financial Statements for the financial year ended 31 January 2019 together with the Auditors’ Report thereon.
628,352,811 100.000000 0 0.000000 Carried
Ordinary Resolution 2
Declaration of a final single tier dividend of 3 sen per share in respect of the financial year ended 31 January 2019. 
628,352,811 100.000000 0 0.000000 Carried
Ordinary Resolution 3
Approval of payment of Directors’ fees totalling RM288,000 for the financial year ended 31 January 2019.
628,352,811 100.000000 0 0.000000 Carried
Ordinary Resolution 4
Approval of payment of Directors’ benefits up to RM40,000 from this Annual General Meeting until the next annual general meeting of the Company
628,352,811 100.000000 0 0.000000 Carried
Ordinary Resolution 5
Re-election of Mr. Gooi Seong Lim as a Director pursuant to Article 77 of the Articles of Association (Constitution) of the Company.
628,352,811 100.000000 0 0.000000 Carried
Ordinary Resolution 6
Re-election of Mr. Gooi Seong Gum as a Director pursuant to Article 77 of the Articles of Association (Constitution) of the Company.
628,352,811 100.000000 0 0.000000 Carried
Ordinary Resolution 7
Re-appointment of M/s. Ernst & Young as Auditors of the Company and to authorise the Directors to fix their remuneration.
628,352,811 100.000000 0 0.000000 Carried
Ordinary Resolution 8
Authority to allot and issue shares not exceeding 10% of the total number of issued shares of the Company.
628,352,811 100.000000 0 0.000000 Carried
Ordinary Resolution 9
Proposed Renewal of Authority for Share Buy-Back
628,352,811 100.000000 0 0.000000 Carried
Ordinary Resolution 10
Retention of Independent Non-Executive Director : Mr. Gan Kim Guan
628,284,211 99.999905 600 0.000095 Carried
Ordinary Resolution 11
Proposed Renewal of Shareholders’ Mandate for Recurrent Related Party Transactions of a Revenue of Trading Nature.
16,234,360 100.000000 0 0.000000 Carried
Special Resolution 1
Proposed Alteration of the whole of the existing Memorandum and Articles of Association by replacing with a new Constitution.
624,739,155 99.425400 3,610,656 0.574600 Carried




Announcement Info

Company Name KIM LOONG RESOURCES BERHAD
Stock Name KMLOONG
Date Announced 25 Jul 2019
Category General Meeting
Reference Number GMA-25072019-00012