LBALUM

0.480

+0.035 (+7.9%)

GENERAL MEETINGS: Outcome of Meeting

LB ALUMINIUM BERHAD

Type of Meeting Annual General Meeting
Indicator Outcome of Meeting
Date of Meeting 30 Sep 2019
Time 10:00 AM
Venue
Ujong Pandang Room, Staffield Country Resort, Batu 13, Jalan Seremban-Kuala Lumpur (Country Road),
71700 Mantin, Negeri Sembilan Darul Khusus
Outcome of Meeting

The Board of Directors of LB Aluminium Berhad ("the Company") wishes to announce that all the resolutions as set out in the notice convening the Annual General Meeting ("AGM") dated 30 August 2019 were duly passed at the AGM of the Company held earlier today.

 

The voting in respect of all the resolutions was carried out by way of poll, results of which was validated by Lawco Corporate Services Sdn. Bhd., being the independent scrutineer appointed by the Company.

 

Details of the results of the polling in respect of all the resolutions at the AGM are set out below. 

 

This annoucement is dated 30 September 2019.

Voting Results

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

To approve the payment of a first and final single tier dividend of 1.50 sen per ordinary share in respect of the financial year ended 30 April 2019.
100,010,670 100.000000 0 0.000000 Carried
Resolution 2

To approve the payment of Directors’ fees of RM400,000.00 for the financial year ended 30 April 2019.
2,180,960 100.000000 0 0.000000 Carried
Resolution 3

To approve the payment of Directors’ Benefits of up to RM45,000.00 for the period from 1 October 2019 until the next Annual General Meeting of the Company.
2,180,960 100.000000 0 0.000000 Carried
Resolution 4

To re-elect Mr Toh Khiam Huat as Director.
100,010,670 100.000000 0 0.000000 Carried
Resolution 5

To re-elect Mr Chew Kat Nyap as Director.
100,010,670 100.000000 0 0.000000 Carried
Resolution 6

To re-elect Mr Teh Kok Heng as Director.
100,010,670 100.000000 0 0.000000 Carried
Resolution 7

To re-appoint Messrs BDO PLT as Auditors of the Company and to authorise the Directors to fix their remuneration.
100,010,670 100.000000 0 0.000000 Carried
Resolution 8 (Tier 1)
(Large Shareholders)

To approve Mr Neoh Lay Keong to continue to act as an Independent Director.
74,973,406 100.000000 0 0.000000 Carried
Resolution 8 (Tier 2)
(Other Shareholders)

To approve Mr Neoh Lay Keong to continue to act as an Independent Director.
25,037,120 99.999425 144 0.000575 Carried
Resolution 9 (Tier 1)
(Large Shareholders)

To approve Dato’ Dr Mohd Husni Bin Ahmad to continue to act as an Independent Director.
74,973,406 100.000000 0 0.000000 Carried
Resolution 9 (Tier 2)
(Other Shareholders)

To approve Dato’ Dr Mohd Husni Bin Ahmad to continue to act as an Independent Director.
25,037,120 99.999425 144 0.000575 Carried
Resolution 10

To grant authority to allot shares pursuant to Sections 75 and 76 of the Companies Act 2016.
100,010,626 99.999956 44 0.000044 Carried
Resolution 11

To approve the Proposed Renewal of Authority for Share Buy-Back.
100,010,670 100.000000 0 0.000000 Carried
Resolution 12

To approve the Proposed Renewal of the Existing Shareholders’ Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature.
25,037,264 100.000000 0 0.000000 Carried
Resolution 13

To approve the Proposed Alteration of the Existing Memorandum and Articles of Association by Replacing with a New Constitution
100,010,670 100.000000 0 0.000000 Carried




Announcement Info

Company Name LB ALUMINIUM BERHAD
Stock Name LBALUM
Date Announced 30 Sep 2019
Category General Meeting
Reference Number GMA-25092019-00027