GENERAL MEETINGS: Outcome of Meeting
| KIM HIN JOO (MALAYSIA) BERHAD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 29 Jul 2020 |
| Time | 02:30 PM |
| Venue(s) |
Broadcast Venue: TR12-R01 & TR12-R02, 12th Floor, Menara Symphony No. 5, Jalan Professor Khoo Kay Kim, Seksyen 13 46200 Petaling Jaya, Selangor Darul Ehsan Malaysia |
| Outcome of Meeting | The Board of Directors of Kim Hin Joo (Malaysia) Berhad ("the Company") is pleased to announce that all the resolutions set out in the Notice of Thirty Ninth Annual General Meeting ("39th AGM") of the Company dated 30 June 2020 were duly passed by the shareholders at the 39th AGM of the Company held earlier today.
All the resolutions were voted on by poll via remote participation and electronic voting, and the results of the poll were validated by Malaysian Issuing House Sdn Bhd, the independent Scrutineer appointed by the Company. Details of the poll results are set out below.
This announcement is dated 29 July 2020. |
Voting Results |
||
1. Ordinary Resolution 1 |
||
| Description |
To approve the additional payment of Directors' Fees amounting to RM6,000 which was in excess of the earlier approved amount of RM200,000 for the financial year ended 31 December 2019. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 34 | 3 |
| No. of Shares | 269,654,000 | 15,000 |
| % of Voted Shares | 99.9944 | 0.0056 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
||
| Description |
To approve the payment of Directors' Fees payable to the Directors of the Company on quarterly basis in arrears after each quarter of completed service of the Directors up to an aggregate of RM430,000 from 1 January 2020 until the conclusion of the next AGM of the Company in year 2021. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 23 | 5 |
| No. of Shares | 12,736,100 | 5,082,200 |
| % of Voted Shares | 71.4776 | 28.5224 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
||
| Description |
To re-elect Mr Pang Kim Hin who is retiring in accordance with Clause 95 of the Constitution of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 34 | 2 |
| No. of Shares | 269,656,000 | 7,000 |
| % of Voted Shares | 99.9974 | 0.0026 |
| Result | Accepted | |
4. Ordinary Resolution 4 |
||
| Description |
To re-elect Ms Goh Poh Teng who is retiring in accordance with Clause 95 of the Constitution of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 34 | 2 |
| No. of Shares | 269,656,000 | 7,000 |
| % of Voted Shares | 99.9974 | 0.0026 |
| Result | Accepted | |
5. Ordinary Resolution 5 |
||
| Description |
To re-elect Mr Hew Moh Yung who is retiring in accordance with Clause 101 of the Constitution of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 35 | 1 |
| No. of Shares | 269,660,000 | 3,000 |
| % of Voted Shares | 99.9989 | 0.0011 |
| Result | Accepted | |
6. Ordinary Resolution 6 |
||
| Description |
To re-elect Mr Pang Fu Wei who is retiring in accordance with Clause 101 of the Constitution of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 35 | 1 |
| No. of Shares | 269,660,000 | 3,000 |
| % of Voted Shares | 99.9989 | 0.0011 |
| Result | Accepted | |
7. Ordinary Resolution 7 |
||
| Description |
To re-appoint Messrs. Deloitte PLT as Auditors of the Company and to authorise the Directors to fix their remuneration. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 36 | 0 |
| No. of Shares | 269,663,000 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
8. Ordinary Resolution 8 |
||
| Description |
Proposed Authority to Allot and Issue Shares pursuant to Section 76 of the Companies Act 2016. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 29 | 8 |
| No. of Shares | 253,747,700 | 15,921,300 |
| % of Voted Shares | 94.0960 | 5.9040 |
| Result | Accepted | |
9. Ordinary Resolution 9 |
||
| Description |
Proposed Shareholders' Ratification for Recurrent Related Party Transactions of a Revenue or Trading Nature and Proposed Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 30 | 4 |
| No. of Shares | 16,654,100 | 5,134,200 |
| % of Voted Shares | 76.4360 | 23.5640 |
| Result | Accepted | |
Announcement Info
| Company Name | KIM HIN JOO (MALAYSIA) BERHAD |
| Stock Name | KHJB |
| Date Announced | 29 Jul 2020 |
| Category | General Meeting |
| Reference Number | GMA-17072020-00010 |
| Corporate Action ID | MY200717MEET0008 |