SAUDEE

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GENERAL MEETINGS: Outcome of Meeting

SAUDEE GROUP BERHAD

Type of Meeting	General
Indicator	Outcome of Meeting
Date of Meeting	21 Dec 2020
Time	09:00 AM

Venue(s)

Mahkota 4 Hall,

The Jerai Hotel Sungai Petani,

427 Jalan Kolam Air,

08000 Sungai Petani, Kedah

Malaysia

Outcome of Meeting

The Board of Directors of Saudee Group Berhad ("Saudee" or "the Company") is pleased to announce that at the Twelfth Annual General Meeting (“AGM”) of the Company held on 21 December 2020, all the resolutions as set out in the Notice of AGM dated 20 November 2020 were duly passed by the shareholders by way of poll.

The results of the poll were duly verified by Scrutineer Solutions Sdn. Bhd., the independent Scrutineer appointed by the Company. Details of the results of the poll are set out below.

This announcement is dated 21 December 2020.

Voting Results

1. Ordinary Resolution 1
Description	To re-elect Ms. Koay San San retiring under Clause 102(1) and (2) of the Company's Constitution as a Director of the Company and who, being eligible offers herself for re-election.
Shareholder’s Action	For Voting
Voted	For	Against
No. of Shareholders	22	0
No. of Shares	44,074,877	0
% of Voted Shares	100.0000	0.0000
Result	Accepted

2. Ordinary Resolution 2
Description	To re-elect Mr. Mak Siew Wei retiring under Clause 107(2) of the Company's Constitution as a Director of the Company and who, being eligible offers himself for re-election.
Shareholder’s Action	For Voting
Voted	For	Against
No. of Shareholders	22	0
No. of Shares	44,074,877	0
% of Voted Shares	100.0000	0.0000
Result	Accepted

3. Ordinary Resolution 3
Description	To re-elect Datuk Chong Loong Men retiring under Clause 107(2) of the Company's Constitution as a Director of the Company and who, being eligible offers himself for re-election.
Shareholder’s Action	For Voting
Voted	For	Against
No. of Shareholders	22	0
No. of Shares	44,074,877	0
% of Voted Shares	100.0000	0.0000
Result	Accepted

4. Ordinary Resolution 4
Description	To re-elect Mr. Chen Chee Peng retiring under Clause 107(2) of the Company's Constitution as a Director of the Company and who, being eligible offers himself for re-election.
Shareholder’s Action	For Voting
Voted	For	Against
No. of Shareholders	22	0
No. of Shares	44,074,877	0
% of Voted Shares	100.0000	0.0000
Result	Accepted

5. Ordinary Resolution 5
Description	To re-appoint Messrs. Grant Thornton as Auditors of the Company and to authorise the Board of Directors to fix their remuneration.
Shareholder’s Action	For Voting
Voted	For	Against
No. of Shareholders	22	0
No. of Shares	44,074,877	0
% of Voted Shares	100.0000	0.0000
Result	Accepted

6. Ordinary Resolution 6
Description	To approve the payment of Directors fees of not exceeding RM250,000.00 (FY2020:RM250,000) to Directors of the Company for the financial year ending 31 July 2021.
Shareholder’s Action	For Voting
Voted	For	Against
No. of Shareholders	22	0
No. of Shares	44,074,877	0
% of Voted Shares	100.0000	0.0000
Result	Accepted

7. Ordinary Resolution 7
Description	To approve the payment of benefits of not exceeding RM36,000 to the Directors of the Company from 22 December 2020 until the next Annual General Meeting of the Company.
Shareholder’s Action	For Voting
Voted	For	Against
No. of Shareholders	22	0
No. of Shares	44,074,877	0
% of Voted Shares	100.0000	0.0000
Result	Accepted

8. Ordinary Resolution 8
Description	To authorise Mr.Sim Yee Fuan who has served as an Independent Non Executive Director of the Company for a cumulative term of more than 9 years to continue to act as an Independent Non-Executive Director of the Company.
Shareholder’s Action	For Voting
Voted	For	Against
No. of Shareholders	21	0
No. of Shares	44,064,877	0
% of Voted Shares	100.0000	0.0000
Result	Accepted

9. Ordinary Resolution 9
Description	To empower the Directors to issue and allot up to 20% of the total number of issued shares of the Company.
Shareholder’s Action	For Voting
Voted	For	Against
No. of Shareholders	22	0
No. of Shares	44,074,877	0
% of Voted Shares	100.0000	0.0000
Result	Accepted

10. Ordinary Resolution 10
Description	To approve the proposed renewal of authority for the Company to purchase its own shares of up to 10% of its total number of issued shares.
Shareholder’s Action	For Voting
Voted	For	Against
No. of Shareholders	22	0
No. of Shares	44,074,877	0
% of Voted Shares	100.0000	0.0000
Result	Accepted

11. Ordinary Resolution 11
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	22	0
No. of Shares	44,074,877	0
% of Voted Shares	100.0000	0.0000
Result	Accepted

Announcement Info

Company Name	SAUDEE GROUP BERHAD
Stock Name	SAUDEE
Date Announced	21 Dec 2020
Category	General Meeting
Reference Number	GMA-21122020-00005
Corporate Action ID	MY201221MEET0005