GENERAL MEETINGS: Outcome of Meeting
| MALAYSIA BUILDING SOCIETY BERHAD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 30 Jun 2020 |
| Time | 10:00 AM |
| Venue(s) |
Penthouse, 12th Floor, Wisma MBSB No. 48, Jalan Dungun, Damansara Heights 50490 Kuala Lumpur Malaysia |
| Outcome of Meeting | The Board of Directors of Malaysia Building Society Berhad ("MBSB" or "the Company") wishes to announce that the resolutions as set out in the Notice of the 50th Annual General Meeting ("AGM") dated 29 May 2020 were duly passed by the shareholders of MBSB at the AGM held today, 30 June 2020. The resolutions were voted by poll and results of the poll were validated by Coopers Professional Scrutineers Sdn Bhd, the independent scrutineer appointed by the Company. Please refer to the attachment for the poll result. This announcement is dated 30 June 2020. |
Voting Results |
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1. Ordinary Resolution 1 |
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| Description |
To declare a Single-Tier Final Dividend of 3.0 sen per ordinary share for the financial year ended 31 December 2019. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 690 | 44 |
| No. of Shares | 4,556,499,900 | 609,545 |
| % of Voted Shares | 99.9866 | 0.0134 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
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| Description |
To approve payment of Directors Fees amounting to RM1,815,000.00 (MBSB : RM 660,000.00 and MBSB Bank : RM 1,155,000.00) for the financial year ended 31 December 2019. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 618 | 101 |
| No. of Shares | 4,553,625,397 | 2,658,596 |
| % of Voted Shares | 99.9416 | 0.0584 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
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| Description |
To approve the payment of Directors Fees payable to Directors for the period from January 2020 until the next AGM of the Company in 2021. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 632 | 97 |
| No. of Shares | 4,554,831,929 | 1,709,754 |
| % of Voted Shares | 99.9625 | 0.0375 |
| Result | Accepted | |
4. Ordinary Resolution 4 |
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| Description |
To approve payment of benefits (excluding Directors Fees) payable to Directors from the date of this AGM until the next AGM of the Company in 2021. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 621 | 102 |
| No. of Shares | 4,554,083,792 | 2,219,207 |
| % of Voted Shares | 99.9513 | 0.0487 |
| Result | Accepted | |
5. Ordinary Resolution 5 |
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| Description |
To re-elect Tan Sri Abdul Halim bin Ali, who retire in accordance with Clause 100 of the Company's Constitution, and who being eligible offer himself for re-election. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 662 | 66 |
| No. of Shares | 4,554,316,524 | 2,456,461 |
| % of Voted Shares | 99.9461 | 0.0539 |
| Result | Accepted | |
6. Ordinary Resolution 6 |
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| Description |
To re-elect Encik Lim Tian Huat, who retire in accordance with Clause 100 of the Company's Constitution, and who being eligible offer himself for re-election. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 680 | 51 |
| No. of Shares | 4,555,961,365 | 1,107,817 |
| % of Voted Shares | 99.9757 | 0.0243 |
| Result | Accepted | |
7. Ordinary Resolution 7 |
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| Description |
To re-elect Puan Lynette Yeow Su-Yin, who retire in accordance with Clause 100 of the Company's Constitution, and who being eligible offer herself for re-election. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 680 | 51 |
| No. of Shares | 4,555,550,375 | 1,518,807 |
| % of Voted Shares | 99.9667 | 0.0333 |
| Result | Accepted | |
8. Ordinary Resolution 8 |
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| Description |
To re-elect Puan Zaidatul Mazwin binti Idrus who retire in accordance with Clause 90 of the Company's Constitution, and who being eligible offer herself for re-election. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 676 | 54 |
| No. of Shares | 4,555,749,572 | 877,110 |
| % of Voted Shares | 99.9808 | 0.0192 |
| Result | Accepted | |
9. Ordinary Resolution 9 |
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| Description |
To re-elect Encik Mohamad Abdul Halim bin Ahmad who retire in accordance with Clause 90 of the Company's Constitution, and who being eligible offer himself for re-election. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 674 | 56 |
| No. of Shares | 4,555,750,572 | 876,110 |
| % of Voted Shares | 99.9808 | 0.0192 |
| Result | Accepted | |
10. Ordinary Resolution 10 |
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| Description |
To re-appoint Messrs KPMG PLT as Auditors of the Company for the financial year ending 31 December 2020 and to authorise the Directors to fix their remuneration. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 687 | 47 |
| No. of Shares | 4,556,212,171 | 905,174 |
| % of Voted Shares | 99.9801 | 0.0199 |
| Result | Accepted | |
11. Ordinary Resolution 11 |
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| Description |
To approve and allow Encik Lim Tian Huat to continue to act as a Senior Independent Non-Executive Director of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 678 | 53 |
| No. of Shares | 4,556,003,397 | 1,065,785 |
| % of Voted Shares | 99.9766 | 0.0234 |
| Result | Accepted | |
12. Ordinary Resolution 12 |
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| Description |
Authority to allot and issue shares. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 673 | 59 |
| No. of Shares | 4,555,907,747 | 759,098 |
| % of Voted Shares | 99.9833 | 0.0167 |
| Result | Accepted | |
13. Ordinary Resolution 13 |
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| Description |
To allot and issue shares in relation to the Dividend Reinvestment Plan. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 678 | 55 |
| No. of Shares | 4,556,016,440 | 1,099,905 |
| % of Voted Shares | 99.9759 | 0.0241 |
| Result | Accepted | |
Please refer attachment below.
Announcement Info
| Company Name | MALAYSIA BUILDING SOCIETY BERHAD |
| Stock Name | MBSB |
| Date Announced | 30 Jun 2020 |
| Category | General Meeting |
| Reference Number | GMA-30062020-00028 |
| Corporate Action ID | MY200630MEET0025 |