CANONE

2.650

-0.02 (-0.7%)

GENERAL MEETINGS: Outcome of Meeting

CAN-ONE BERHAD

Type of Meeting General
Indicator Outcome of Meeting
Date of Meeting 29 Jun 2020
Time 10:00 AM

Venue(s)
Conference Room

Lot 4, Jalan Perusahaan Dua

68100 Batu Caves

Selangor Darul Ehsan

Malaysia

Outcome of Meeting

The Board of Directors of Can-One Berhad ("the Company") is pleased to announce that all the ordinary resolutions as set out in the Notice of the Sixteenth Annual General Meeting ("AGM") of the Company dated 29 May 2020 were duly passed at the aforesaid AGM which was conducted fully virtual at the above venue on 29 June 2020.


The Audited Financial Statements of the Group and of the Company for the financial year ended 31 December 2019 and the Reports of the Directors and Auditors thereon were received and duly tabled at the Sixteenth AGM under Agenda 1.

 

All the ordinary resolutions were voted by way of poll via Remote Participation and Voting ("RPV") at https://tiih.online at the Sixteenth AGM in accordance with Paragraph 8.29A(1) of Bursa Malaysia Securities Berhad's Main Market Listing Requirements.

 

The detailed poll results were verified by the Scrutineers, Asia Securities Sdn Berhad as per attachment.

 

Please refer to the table below for the poll results.

 

This announcement is dated 29 June 2020.


Voting Results


1. Ordinary Resolution 1

Description
To declare a first and final single-tier dividend of 4 sen per share in respect of the financial year ended 31 December 2019.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 98 4
No. of Shares 136,921,533 3,238
% of Voted Shares 99.9980 0.0020
Result Accepted

2. Ordinary Resolution 2

Description
To declare a special single-tier dividend of 2 sen per share in respect of the financial year ended 31 December 2019.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 98 4
No. of Shares 136,921,533 3,238
% of Voted Shares 99.9980 0.0020
Result Accepted

3. Ordinary Resolution 3

Description
To re-elect as Director, Yeoh Jin Beng who retires pursuant to Clause 82 of the Company's Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 95 6
No. of Shares 136,621,333 3,438
% of Voted Shares 99.9970 0.0030
Result Accepted

4. Ordinary Resolution 4

Description
To re-elect as Director, Foo Kee Fatt who retires pursuant to Clause 82 of the Company's Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 94 8
No. of Shares 136,725,433 199,338
% of Voted Shares 99.8540 0.1460
Result Accepted

5. Ordinary Resolution 5

Description
To approve the payment of Directors fees amounting to RM1,719,000 to Directors of
the Company and its subsidiaries for the financial year ended 31 December 2019.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 86 11
No. of Shares 126,679,233 30,138
% of Voted Shares 99.9760 0.0240
Result Accepted

6. Ordinary Resolution 6

Description
To approve the payment of benefits of up to RM200,000 to the Non-Executive Directors of the Company and its subsidiaries for the financial year ending 31 December 2020.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 88 10
No. of Shares 129,073,433 25,638
% of Voted Shares 99.9800 0.0200
Result Accepted

7. Ordinary Resolution 7

Description
To re-appoint KPMG PLT, Chartered Accountants, as Auditors of the Company to hold office until the conclusion of the next AGM of the Company and to authorise the Directors to fix the remuneration of the Auditors.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 95 7
No. of Shares 136,725,533 199,238
% of Voted Shares 99.8540 0.1460
Result Accepted

8. Ordinary Resolution 8

Description
Proposed authority to Directors to allot and issue shares pursuant to Sections 75 and 76 of the Companies Act, 2016.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 94 7
No. of Shares 136,890,233 14,538
% of Voted Shares 99.9890 0.0110
Result Accepted

9. Ordinary Resolution 9

Description
Proposed renewal of authority for the Company to purchase its own shares.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 96 6
No. of Shares 136,901,433 23,338
% of Voted Shares 99.9830 0.0170
Result Accepted

10. Ordinary Resolution 10

Description
Proposed renewal of mandate for the Company and its subsidiaries to enter into recurrent related party transactions of a revenue or trading nature.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 90 6
No. of Shares 81,117,552 11,338
% of Voted Shares 99.9860 0.0140
Result Accepted



Please refer attachment below.




Announcement Info

Company Name CAN-ONE BERHAD
Stock Name CANONE
Date Announced 29 Jun 2020
Category General Meeting
Reference Number GMA-18062020-00010
Corporate Action ID MY200618MEET0007