GENERAL MEETINGS: Outcome of Meeting
| LB ALUMINIUM BERHAD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 28 Oct 2021 |
| Time | 10:00 AM |
| Venue(s) |
TIIH Online website at https://tiih.online or https://tiih.com.my (Domain registration number with MYNIC: D1A282781) provided by Tricor Investor & Issuing House Services Sdn Bhd Malaysia |
| Outcome of Meeting | The Board of Directors of LB Aluminium Berhad ("Company") wishes to announce that all the resolutions as set out in the notice convening the Annual General Meeting ("AGM") dated 29 September 2021 were duly passed at the AGM of the Company held earlier today.
The voting in respect of the resolutions were carried out by way of poll, results of which were validated by Asia Securities Sdn. Berhad, being the independent scrutineer appointed by the Company.
Details of the results of the polling in respect of all the resolutions at the AGM are set out below. |
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 2.50 sen per ordinary share in respect of the financial year ended 30 April 2021. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 86 | 5 |
| No. of Shares | 172,681,711 | 15,004 |
| % of Voted Shares | 99.9913 | 0.0087 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
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| Description |
To approve the payment of Directors' fees of RM400,000.00 for the financial year ended 30 April 2021. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 81 | 8 |
| No. of Shares | 172,673,300 | 18,865 |
| % of Voted Shares | 99.9891 | 0.0109 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
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| Description |
To approve the payment of Directors' benefits of up to RM45,000.00 for the period from the conclusion of this annual general meeting until the next annual general meeting of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 77 | 12 |
| No. of Shares | 172,655,700 | 36,465 |
| % of Voted Shares | 99.9789 | 0.0211 |
| Result | Accepted | |
4. Ordinary Resolution 4 |
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| Description |
To re-elect Mr Mark Wing Kong as Director. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 82 | 7 |
| No. of Shares | 172,647,651 | 44,514 |
| % of Voted Shares | 99.9742 | 0.0258 |
| Result | Accepted | |
5. Ordinary Resolution 5 |
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| Description |
To re-elect Mr Yap Chee Woon as Director. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 82 | 6 |
| No. of Shares | 172,647,651 | 43,514 |
| % of Voted Shares | 99.9748 | 0.0252 |
| Result | Accepted | |
6. Ordinary Resolution 6 |
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| Description |
To re-elect Mr Neoh Lay Keong as Director. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 81 | 8 |
| No. of Shares | 172,647,476 | 44,689 |
| % of Voted Shares | 99.9741 | 0.0259 |
| Result | Accepted | |
7. Ordinary Resolution 7 |
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| Description |
To re-appoint Messrs 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 | 84 | 5 |
| No. of Shares | 172,678,151 | 14,014 |
| % of Voted Shares | 99.9919 | 0.0081 |
| Result | Accepted | |
8. Ordinary Resolution 8 (First Tier) |
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| Description |
To approve Mr Neoh Lay Keong to continue to act as an Independent Director. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 2 | 0 |
| No. of Shares | 131,203,460 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
9. Ordinary Resolution 8 (Second Tier) |
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| Description |
To approve Mr Neoh Lay Keong to continue to act as an Independent Director. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 81 | 6 |
| No. of Shares | 41,474,516 | 14,189 |
| % of Voted Shares | 99.9658 | 0.0342 |
| Result | Accepted | |
10. Ordinary Resolution 9 (First Tier) |
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| Description |
To approve Dato' Dr Mohd Husni Bin Ahmad to continue to act as an Independent Director. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 2 | 0 |
| No. of Shares | 131,203,460 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
11. Ordinary Resolution 9 (Second Tier) |
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| Description |
To approve Dato' Dr Mohd Husni Bin Ahmad to continue to act as an Independent Director. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 79 | 7 |
| No. of Shares | 41,472,291 | 15,414 |
| % of Voted Shares | 99.9628 | 0.0372 |
| Result | Accepted | |
12. Ordinary Resolution 10 |
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| Description |
To grant authority 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 | 80 | 9 |
| No. of Shares | 172,642,301 | 50,614 |
| % of Voted Shares | 99.9707 | 0.0293 |
| Result | Accepted | |
13. Ordinary Resolution 11 |
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| Description |
To approve the Proposed Renewal of Authority for Share Buy-Back. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 84 | 6 |
| No. of Shares | 172,679,026 | 14,889 |
| % of Voted Shares | 99.9914 | 0.0086 |
| Result | Accepted | |
14. Ordinary Resolution 12 |
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| Description |
To approve the Proposed Renewal of the Existing Shareholders' Mandate for the Company and/or its subsidiaries to enter into Recurrent Related Party Transactions of a Revenue or Trading Nature. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 81 | 7 |
| No. of Shares | 41,446,066 | 44,389 |
| % of Voted Shares | 99.8930 | 0.1070 |
| Result | Accepted | |
Please refer attachment below.
Announcement Info
| Company Name | LB ALUMINIUM BERHAD |
| Stock Name | LBALUM |
| Date Announced | 28 Oct 2021 |
| Category | General Meeting |
| Reference Number | GMA-28102021-00036 |
| Corporate Action ID | MY211028MEET0036 |