FACBIND

1.200

(%)

GENERAL MEETINGS: Outcome of Meeting

FACB INDUSTRIES INCORPORATED BERHAD

Type of Meeting General
Indicator Outcome of Meeting
Date of Meeting 02 Dec 2020
Time 11:00 AM

Venue(s)
Broadcast Venue:

Centennial Business Suites, Level 25 Tower 2, Etiqa Twins,

11 Jalan Pinang, 50450 Kuala Lumpur

Malaysia

Outcome of Meeting

We are pleased to announce that all proposed resolutions at the 41st Annual General Meeting of FACB Industries Incorporated Berhad held on 2 December 2020 were passed by way of poll.

 

Resolutions 6, 7 and 8 below went through a two-tier voting process. The results of the poll were validated by the independent scrutineer Lawco Corporate Services Sdn Bhd.

 

This announcement is dated 2 December 2020.


Voting Results


1. Ordinary Resolution 1

Description
To approve payment of Directors' fees and benefits up to RM252,460/- for the period 2 December 2020 until the conclusion of the next Annual General Meeting of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 52 13
No. of Shares 38,398,311 6,232
% of Voted Shares 99.9838 0.0162
Result Accepted

2. Ordinary Resolution 2

Description
To re-elect Mr Chen Yiy Fon, the Director who is retiring pursuant to Article 21.2 of the Company's Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 54 11
No. of Shares 38,403,311 1,232
% of Voted Shares 99.9968 0.0032
Result Accepted

3. Ordinary Resolution 3

Description
To re-elect Mr Lim Mun Kee, the Director who is retiring pursuant to Article 21.2 of the Company's Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 54 11
No. of Shares 38,403,311 1,232
% of Voted Shares 99.9968 0.0032
Result Accepted

4. Ordinary Resolution 4

Description
To re-appoint BDO 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 56 9
No. of Shares 38,404,331 212
% of Voted Shares 99.9994 0.0006
Result Accepted

5. Ordinary Resolution 5

Description
To approve the authority to allot and issue shares pursuant to Section 75 and 76 of the Companies Act 2016.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 54 11
No. of Shares 38,403,311 1,232
% of Voted Shares 99.9968 0.0032
Result Accepted

6. Ordinary Resolution 6

Description
To approve the continuing in office for Datuk Wan Kassim bin Ahmed as an Independent Non-Executive Director
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 4 0
No. of Shares 25,804,882 0
% of Voted Shares 100.0000 0.0000
Result Accepted

7. Ordinary Resolution 7

Description
To approve the continuing in office for Dato' Dr. Abdul Razak bin Abdul as an Independent Non-Executive Director
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 4 0
No. of Shares 25,804,882 0
% of Voted Shares 100.0000 0.0000
Result Accepted

8. Ordinary Resolution 8

Description
To approve the continuing in office for Mr Lim Mun Kee as an Independent Non-Executive Director
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 4 0
No. of Shares 25,804,882 0
% of Voted Shares 100.0000 0.0000
Result Accepted

9. Ordinary Resolution 6 - Tier 2

Description
To approve the continuing in office for Datuk Wan Kassim bin Ahmed as an Independent Non-Executive Director
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 49 12
No. of Shares 12,597,429 2,232
% of Voted Shares 99.9823 0.0177
Result Accepted

10. Ordinary Resolution 7 - Tier 2

Description
To approve the continuing in office for Dato' Dr. Abdul Razak bin Abdul as an Independent Non-Executive Director
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 49 12
No. of Shares 12,597,429 2,232
% of Voted Shares 99.9823 0.0177
Result Accepted

11. Ordinary Resolution 8 - Tier 2

Description
To approve the continuing in office for Mr Lim Mun Kee as an Independent Non-Executive Director
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 50 11
No. of Shares 12,598,429 1,232
% of Voted Shares 99.9902 0.0098
Result Accepted






Announcement Info

Company Name FACB INDUSTRIES INCORPORATED BERHAD
Stock Name FACBIND
Date Announced 02 Dec 2020
Category General Meeting
Reference Number GMA-02122020-00009
Corporate Action ID MY201202MEET0009