GENERAL MEETINGS: Outcome of Meeting
| AFFIN BANK BERHAD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 27 Jul 2020 |
| Time | 02:30 PM |
| Venue(s) |
Level 18, Menara Affin, 80, Jalan Raja Chulan, 50200 Kuala Lumpur Malaysia |
| Outcome of Meeting | The Board of Directors of Affin Bank Berhad (the "Company") wishes to announce that all the resolutions set out in the Notice of the 44th Annual General Meeting ("AGM") of the Company dated 26 June 2020 were duly passed by the shareholders of the Company at the 44th AGM held on 27 July 2020.
The Audited Financial Statements 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 44th AGM under Agenda 1.
All the resolutions were voted by poll in accordance with Paragraph 8.29A of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad and the results of the poll were validated by Messrs. Asia Securities Sdn Bhd, the independent scrutineers appointed by the Company.
Please refer to the attachment for the detailed poll results.
This announcement is dated 27 July 2020. |
Voting Results |
||
1. Resolution 1 |
||
| Description |
To re-elect Dato' Mohd Hata bin Robani who retires by rotation pursuant to Article 118 of the Company's Constitution. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 361 | 45 |
| No. of Shares | 1,751,259,689 | 135,166 |
| % of Voted Shares | 99.9923 | 0.0077 |
| Result | Accepted | |
2. Resolution 2 |
||
| Description |
To re-elect Dato' Abdul Aziz bin Abu Bakar who retires by rotation pursuant to Article 118 of the Company's Constitution. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 341 | 64 |
| No. of Shares | 1,743,333,664 | 8,060,191 |
| % of Voted Shares | 99.5398 | 0.4602 |
| Result | Accepted | |
3. Resolution 3 |
||
| Description |
To re-elect Dato' Md Agil bin Mohd Natt who retires pursuant to Article 124 of the Company's Constitution. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 360 | 45 |
| No. of Shares | 1,751,258,689 | 135,166 |
| % of Voted Shares | 99.9923 | 0.0077 |
| Result | Accepted | |
4. Resolution 4 |
||
| Description |
To re-elect Mr. Yuen Peter Wai Hung who retires pursuant to Article 124 of the Company's Constitution. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 361 | 45 |
| No. of Shares | 1,750,528,692 | 866,163 |
| % of Voted Shares | 99.9505 | 0.0495 |
| Result | Accepted | |
5. Resolution 5 |
||
| Description |
To re-elect Pn. Marzida binti Mohd Noor who retires pursuant to Article 124 of the Company's Constitution. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 362 | 44 |
| No. of Shares | 1,751,259,690 | 135,165 |
| % of Voted Shares | 99.9923 | 0.0077 |
| Result | Accepted | |
6. Resolution 6 |
||
| Description |
To re-elect Mr. Gregory Jerome Gerald Fernandes who retires pursuant to Article 124 of the Company's Constitution. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 362 | 43 |
| No. of Shares | 1,751,260,792 | 132,763 |
| % of Voted Shares | 99.9924 | 0.0076 |
| Result | Accepted | |
7. Resolution 7 |
||
| Description |
To approve the payment of Directors' Fees, other emoluments and benefits amounting to RM2,664,000.00 for the financial year ended 31 December 2019. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 329 | 73 |
| No. of Shares | 1,751,213,884 | 178,321 |
| % of Voted Shares | 99.9898 | 0.0102 |
| Result | Accepted | |
8. Resolution 8 |
||
| Description |
To approve the following fees to Non-Executive Directors for the period from the 44th AGM to the 45th AGM of the Company:- (a) Chairman's fee - RM160,000 per annum; (b) Director's fee - RM130,000 per annum for each Non-Executive Director; (c) Board Committee Chairman's fee - RM40,000 per annum; and (d) Board Committee Member's fee - RM35,000 per annum for each member of Board Committee. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 330 | 72 |
| No. of Shares | 1,751,217,234 | 178,121 |
| % of Voted Shares | 99.9898 | 0.0102 |
| Result | Accepted | |
9. Resolution 9 |
||
| Description |
To approve an amount of up to RM1.4 million as benefits payable to eligible Non-Executive Directors from 44th AGM to 45th AGM of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 331 | 72 |
| No. of Shares | 1,750,998,533 | 164,579 |
| % of Voted Shares | 99.9906 | 0.0094 |
| Result | Accepted | |
10. Resolution 10 |
||
| Description |
To re-appoint Messrs PricewaterhouseCoopers PLT as the Company's Auditors for the financial year ending 31 December 2020 and to authorise the Directors to fix the Auditors' remuneration. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 371 | 37 |
| No. of Shares | 1,751,315,032 | 84,223 |
| % of Voted Shares | 99.9952 | 0.0048 |
| Result | Accepted | |
11. Resolution 11 |
||
| Description |
Authority for Directors to Allot and Issue New Ordinary Shares in Affin Bank Berhad |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 355 | 52 |
| No. of Shares | 1,751,258,189 | 140,066 |
| % of Voted Shares | 99.9920 | 0.0080 |
| Result | Accepted | |
12. Resolution 12 |
||
| Description |
Allotment and Issuance of New Ordinary Shares of Affin Bank Berhad ("ABB Shares") in relation to the Dividend Reinvestment Plan by the Company that gives the Shareholders of the Company the Option to Reinvest their whole or a portion of the Dividend for which the Reinvestment Option applies in New ABB Shares ("Dividend Reinvestment Plan")
|
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 361 | 47 |
| No. of Shares | 1,751,303,779 | 95,476 |
| % of Voted Shares | 99.9945 | 0.0055 |
| Result | Accepted | |
13. Resolution 13 |
||
| Description |
Proposed Renewal of Shareholders' Mandate and Proposed New Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature ("Proposed Shareholders' Mandate")
|
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 357 | 44 |
| No. of Shares | 637,917,873 | 88,224 |
| % of Voted Shares | 99.9862 | 0.0138 |
| Result | Accepted | |
Please refer attachment below.
Announcement Info
| Company Name | AFFIN BANK BERHAD |
| Stock Name | AFFIN |
| Date Announced | 27 Jul 2020 |
| Category | General Meeting |
| Reference Number | GMA-27072020-00013 |
| Corporate Action ID | MY200727MEET0013 |