GENERAL MEETINGS: Outcome of Meeting
| ISKANDAR WATERFRONT CITY BERHAD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 30 Jul 2020 |
| Time | 10:00 AM |
| Venue(s) |
Danga Bay Convention Centre Jalan Persiaran Abu Bakar Sultan, Danga Bay, 80200 Johor Bahru, Johor Darul Takzim Malaysia |
| Outcome of Meeting | The Board of Directors of Iskandar Waterfront City Berhad ("IWC" or "the Company") wishes to announce that all the resolutions set out in the Notice of the 51st Annual General Meeting ("51st AGM") dated 30 June 2020 were duly passed by the shareholders of the Company by way of poll at its 51st AGM held today. Aegis Communication Sdn Bhd was appointed to act as Scrutineer to validate the votes cast at the meeting.
The results of the poll are set out below and the details of the poll results are as attached.
This announcement is dated 30 July 2020. |
Voting Results |
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1. Resolution 1 |
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| Description |
To re-elect Mr. Wong Khai Shiuan, the Director retiring in accordance with Clause 76(3) of the Company's Constitution |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 31 | 1 |
| No. of Shares | 398,463,238 | 1,000 |
| % of Voted Shares | 99.9998 | 0.0002 |
| Result | Accepted | |
2. Resolution 2 |
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| Description |
To re-elect Dato' Hj. Ayub bin Mion, the Director retiring in accordance with Clause 76(3) of the Company's Constitution |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 28 | 3 |
| No. of Shares | 398,366,038 | 3,000 |
| % of Voted Shares | 99.9993 | 0.0007 |
| Result | Accepted | |
3. Resolution 3 |
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| Description |
To re-elect Mr. Khoo Boon Ho, the Director retiring in accordance with Clause 76(3) of the Company's Constitution |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 30 | 1 |
| No. of Shares | 398,368,038 | 1,000 |
| % of Voted Shares | 99.9998 | 0.0002 |
| Result | Accepted | |
4. Resolution 4 |
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| Description |
To approve the payment of Directors' fees, allowances and any other benefits payable not exceeding RM420,000 for the financial year ending 31 December 2020 |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 31 | 1 |
| No. of Shares | 398,463,238 | 1,000 |
| % of Voted Shares | 99.9998 | 0.0002 |
| Result | Accepted | |
5. Resolution 5 |
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| Description |
To re-appoint Messrs. Ernst & Young as Auditors of the Company for the financial year ending 31 December 2020 and to authorise the Directors to fix their remuneration |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 31 | 1 |
| No. of Shares | 398,463,238 | 1,000 |
| % of Voted Shares | 99.9998 | 0.0002 |
| Result | Accepted | |
6. Resolution 6 |
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| Description |
To authorise the Directors to issue and allot shares pursuant to Sections 75 and 76 of the Companies Act 2016 |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 31 | 1 |
| No. of Shares | 398,463,238 | 1,000 |
| % of Voted Shares | 99.9998 | 0.0002 |
| Result | Accepted | |
7. Resolution 7 |
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| Description |
To approve the Proposed Renewal of shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 28 | 1 |
| No. of Shares | 29,021,902 | 1,000 |
| % of Voted Shares | 99.9966 | 0.0034 |
| Result | Accepted | |
8. Resolution 8 |
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| Description |
To approve Mr. Khoo Boon Ho, the Director who has served as Independent Non-Executive Director for a cumulative term of more than nine (9) years to continue to act as Senior Independent Non-Executive Director of the Company |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 30 | 2 |
| No. of Shares | 398,369,038 | 96,200 |
| % of Voted Shares | 99.9759 | 0.0241 |
| Result | Accepted | |
9. Resolution 9 |
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| Description |
To approve Mr. Bernard Hilary Lawrence, the Director who has served as Independent Non-Executive Director for a cumulative term of more than nine (9) years to continue to act as Independent Non-Executive Director of the Company |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 31 | 1 |
| No. of Shares | 398,463,238 | 1,000 |
| % of Voted Shares | 99.9997 | 0.0003 |
| Result | Accepted | |
Please refer attachment below.
Announcement Info
| Company Name | ISKANDAR WATERFRONT CITY BERHAD |
| Stock Name | IWCITY |
| Date Announced | 30 Jul 2020 |
| Category | General Meeting |
| Reference Number | GMA-29072020-00006 |
| Corporate Action ID | MY200729MEET0006 |