GENERAL MEETINGS: Outcome of Meeting
| MALAYSIA SMELTING CORPORATION BERHAD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 02 Sep 2020 |
| Time | 10:30 AM |
| Venue(s) |
Meeting Room, Unit 15-12, Level 15, West Wing, Q Sentral, 2A, Jalan Stesen 2, KL Sentral, 50470 Kuala Lumpur Malaysia |
| Outcome of Meeting | The Board of Directors of Malaysia Smelting Corporation Berhad ("MSC") wishes to announce that all resolutions tabled at the 41st Annual General Meeting of MSC held FULLY VIRTUAL at the Broadcast Venue on 2 September 2020 were duly passed by the shareholders.
The voting in respect of the resolutions was carried out by way of poll and the results were validated by the independent scrutineer, USearch Management Services as appointed by MSC. Details of the said results are set out in the attachment.
This announcement is dated 2 September 2020. |
Voting Results |
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1. Ordinary Resolution 1 |
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| Description |
To approve the payment of a First and Final Single-Tier Dividend of RM0.02 per share in respect of the financial year ended 31 December 2019. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 23 | 1 |
| No. of Shares | 219,071,000 | 30,000 |
| % of Voted Shares | 99.9863 | 0.0137 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
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| Description |
To approve the payment of Directors Fees and Benefits of up to RM480,000.00 for the financial year ended 31 December 2019. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 18 | 5 |
| No. of Shares | 218,929,200 | 32,800 |
| % of Voted Shares | 99.9850 | 0.0150 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
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| Description |
To approve the payment of Directors Fees and Benefits of up to RM675,000.00 from 1 January 2020 until the next AGM of the Company to be held in year 2021. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 17 | 5 |
| No. of Shares | 218,919,200 | 32,800 |
| % of Voted Shares | 99.9850 | 0.0150 |
| Result | Accepted | |
4. Ordinary Resolution 4 |
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| Description |
To re-elect Ms. Chew Gek Khim as Director of the Company who is retiring pursuant to Clause 102 of the Constitution of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 23 | 1 |
| No. of Shares | 219,089,000 | 12,000 |
| % of Voted Shares | 99.9945 | 0.0055 |
| Result | Accepted | |
5. Ordinary Resolution 5 |
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| Description |
To re-elect Mr. John Mathew A/L Mathai as Director of the Company who is retiring pursuant to Clause 102 of the Constitution of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 24 | 0 |
| No. of Shares | 219,101,000 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
6. Ordinary Resolution 6 |
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| Description |
To re-appoint Messrs Ernst & Young 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 | 23 | 0 |
| No. of Shares | 219,091,000 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
7. Ordinary Resolution 7 |
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| Description |
To authorise the Directors to allot and issue shares pursuant to Sections 75 and 76 of the Companies Act 2016. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 22 | 1 |
| No. of Shares | 219,090,800 | 200 |
| % of Voted Shares | 99.9999 | 0.0001 |
| Result | Accepted | |
Please refer attachment below.
Announcement Info
| Company Name | MALAYSIA SMELTING CORPORATION BERHAD |
| Stock Name | MSC |
| Date Announced | 02 Sep 2020 |
| Category | General Meeting |
| Reference Number | GMA-02092020-00010 |
| Corporate Action ID | MY200902MEET0010 |