GENERAL MEETINGS: Outcome of Meeting
| BOUSTEAD HEAVY INDUSTRIES CORPORATION BHD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 21 Jul 2020 |
| Time | 09:30 AM |
| Venue(s) |
Mutiara 5, Ground Floor, Royale Chulan Damansara 2 Jalan PJU 7/3, Mutiara Damansara 47810 Petaling Jaya Selangor Malaysia |
| Outcome of Meeting | The Board of Directors of Boustead Heavy Industries Corporation Berhad ("BHIC" or "the Company") wishes to inform that all the resolutions as per the Notice of the 48th Annual General Meeting (48th AGM) dated 22 June 2020 were duly passed and approved by the shareholders of the Company.
All the resolutions were voted by poll and the results of the poll were validated by Mega Corporate Services Sdn Bhd, the independent scrutineer appointed by the Company.
The details of the poll results are set out below.
This announcement is dated 21 July 2020. |
Voting Results |
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1. Ordinary Resolution 1 |
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| Description |
To re-elect Rozi Baharudin who retires by rotation in accordance with Article 107(b) of the Company's Constitution |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 185 | 37 |
| No. of Shares | 191,733,230 | 9,009 |
| % of Voted Shares | 99.9953 | 0.0047 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
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| Description |
To re-elect Admiral Tan Sri Dato' Seri Ramlan Mohamed Ali (Retired) who retires in accordance with Article 100 of the Company's Constitution |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 185 | 37 |
| No. of Shares | 191,761,230 | 9,009 |
| % of Voted Shares | 99.9953 | 0.0047 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
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| Description |
To re-elect Tan Sri Dato' Wira Aziah Ali who retires in accordance with Article 100 of the Company's Constitution |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 186 | 37 |
| No. of Shares | 191,763,230 | 9,009 |
| % of Voted Shares | 99.9953 | 0.0047 |
| Result | Accepted | |
4. Ordinary Resolution 4 |
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| Description |
To re-elect Vice Admiral Dato' Syed Zahiruddin Putra Syed Osman (Retired) who retires in accordance with Article 100 of the Company's Constitution |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 186 | 37 |
| No. of Shares | 191,763,230 | 9,009 |
| % of Voted Shares | 99.9953 | 0.0047 |
| Result | Accepted | |
5. Ordinary Resolution 5 |
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| Description |
To re-elect Dato' Maznah Abdul Jalil who retires in accordance with Article 100 of the Company's Constitution |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 186 | 37 |
| No. of Shares | 191,763,230 | 9,009 |
| % of Voted Shares | 99.9953 | 0.0047 |
| Result | Accepted | |
6. Ordinary Resolution 6 |
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| Description |
To re-elect (Dr.) Salihin Abang who retires in accordance with Article 100 of the Company's Constitution |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 185 | 37 |
| No. of Shares | 191,733,230 | 9,009 |
| % of Voted Shares | 99.9953 | 0.0047 |
| Result | Accepted | |
7. Ordinary Resolution 7 |
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| Description |
To re-elect Hajah Saadatul Nafisah Bashir Ahmad who retires in accordance with Article 100 of the Company's Constitution |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 186 | 37 |
| No. of Shares | 191,763,230 | 9,009 |
| % of Voted Shares | 99.9953 | 0.0047 |
| Result | Accepted | |
8. Ordinary Resolution 8 |
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| Description |
To re-elect Izaddeen Daud who retires in accordance with Article 100 of the Company's Constitution |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 186 | 37 |
| No. of Shares | 191,763,230 | 9,009 |
| % of Voted Shares | 99.9953 | 0.0047 |
| Result | Accepted | |
9. Ordinary Resolution 9 |
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| Description |
To approve payment of Directors' fees of RM666,513.00 for the financial year ended 31 December 2019 |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 168 | 51 |
| No. of Shares | 191,744,964 | 24,575 |
| % of Voted Shares | 99.9872 | 0.0128 |
| Result | Accepted | |
10. Ordinary Resolution 10 |
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| Description |
To approve payment of Directors' fees, Directors' benefits and meeting allowances with effect from 1 January 2020 until the next Annual General Meeting of the Company |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 175 | 47 |
| No. of Shares | 191,757,374 | 12,865 |
| % of Voted Shares | 99.9933 | 0.0067 |
| Result | Accepted | |
11. Ordinary Resolution 11 |
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| Description |
To re-appoint Messrs. Ernst & Young PLT as Auditors of the Company and to hold office until the conclusion of the next Annual General Meeting, at a remuneration to be determined by the Directors |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 190 | 32 |
| No. of Shares | 191,735,180 | 7,059 |
| % of Voted Shares | 99.9963 | 0.0037 |
| Result | Accepted | |
12. Ordinary Resolution 12 |
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| Description |
Authority to allot shares |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 187 | 36 |
| No. of Shares | 191,763,580 | 8,659 |
| % of Voted Shares | 99.9955 | 0.0045 |
| Result | Accepted | |
13. Ordinary Resolution 13 |
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| Description |
Proposed Renewal of Shareholders' Mandate for Recurrent Related Party Transactions |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 185 | 35 |
| No. of Shares | 9,999,332 | 6,659 |
| % of Voted Shares | 99.9334 | 0.0666 |
| Result | Accepted | |
Please refer attachment below.
Announcement Info
| Company Name | BOUSTEAD HEAVY INDUSTRIES CORPORATION BHD |
| Stock Name | BHIC |
| Date Announced | 21 Jul 2020 |
| Category | General Meeting |
| Reference Number | GMA-19072020-00001 |
| Corporate Action ID | MY200719MEET0001 |