RSAWIT

0.240

-0.005 (-2%)

GENERAL MEETINGS: Outcome of Meeting

RIMBUNAN SAWIT BERHAD

Type of Meeting General
Indicator Outcome of Meeting
Date of Meeting 30 May 2022
Time 12:00 PM

Venue(s)
Level 2, North Wing, Menara Rimbunan Hijau,

101, Pusat Suria Permata, Jalan Upper Lanang,

96000 Sibu, Sarawak

Malaysia

Outcome of Meeting

The Board of Directors of Rimbunan Sawit Berhad ("RSB" or “the Company") is pleased to announce that all ordinary resolutions as set out in the Notice of the 17th Annual General Meeting ("17th AGM) of the Company dated 29 April 2022 were duly passed by the shareholders of the Company at the 17th AGM held today.


All resolutions were voted by poll and the results of the poll were validated by Anna Lu & Co, the independent scrutineer appointed by the Company.

 

The details of the poll results for Ordinary Resolutions 7 and 8 are as follows:

 

Ordinary Resolutions

Tier

Shareholders Action

Voted

Results

Voted

No. of Shareholders

No. of Shares

% of Voted Shares

7. To consider and, if thought fit, the continuation in office of Mr. Tiong Ing Ming as Independent Non-Executive Director, who has served as an Independent Non-Executive Director of the Company for a consecutive term of more than nine (9) years.

Tier 1

For voting

For

16 1,101,464,719 100

Accepted

Against

0 0 0

Tier 2

For voting

For

11 60,117,214 100

Accepted

Against

0 0 0

8. To consider and, if thought fit, the continuation in office of Mr. Bong Wei Leong as Independent Non-Executive Director, who has served as an Independent Non-Executive Director of the Company for a consecutive term of more than nine (9) years.

Tier 1

For voting

For

16 1,101,464,719 100

Accepted

Against

0

0

0

Tier 2

For voting

For

11 60,117,214 100

Accepted

Against

0 0

0

 

 

 

This announcement is dated 30 May 2022.


Voting Results


1. 1

Description
To approve the payment of Directors' fees of RM160,000 for the financial year ended 31 December 2021 (2020: RM115,000).
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 26 0
No. of Shares 1,155,970,025 0
% of Voted Shares 100.0000 0.0000
Result Accepted

2. 2

Description
To approve the payment of Other Benefits payable to Directors (excluding Directors' fees) up to RM100,000 for the period from 31 May 2022 until the conclusion of next Annual General Meeting of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 26 0
No. of Shares 1,155,970,025 0
% of Voted Shares 100.0000 0.0000
Result Accepted

3. 3

Description
To re-elect the Director, Mr. Tiong Chiong Ong who retires pursuant to Article 123 of the Company's Constitution and being eligible, offers himself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 26 0
No. of Shares 1,155,970,025 0
% of Voted Shares 100.0000 0.0000
Result Accepted

4. 4

Description
To re-elect the Director, Mr. Bong Wei Leong who retires pursuant to Article 123 of the Company's Constitution and being eligible, offers himself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 27 0
No. of Shares 1,161,581,933 0
% of Voted Shares 100.0000 0.0000
Result Accepted

5. 5

Description
To re-elect Mr. Wong Ing Seng who retires pursuant to Article 128 of the Company's Constitution and being eligible, offers himself for re-election as Director.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 26 1
No. of Shares 1,161,575,933 6,000
% of Voted Shares 99.9990 0.0010
Result Accepted

6. 6

Description
To re-appoint Crowe Malaysia PLT as auditors until the conclusion of the next annual general meeting and to authorise the Directors to fix their remuneration.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 27 0
No. of Shares 1,161,581,933 0
% of Voted Shares 100.0000 0.0000
Result Accepted

7. 7

Description
To consider and, if thought fit, the continuation in office of Mr. Tiong Ing Ming as Independent Non-Executive Director, who has served as an Independent Non-Executive Director of the Company for a consecutive term of more than nine (9) years.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 27 0
No. of Shares 1,161,581,933 0
% of Voted Shares 100.0000 0.0000
Result Accepted

8. 8

Description
To consider and, if thought fit, the continuation in office of Mr. Bong Wei Leong as Independent Non-Executive Director, who has served as an Independent Non-Executive Director of the Company for a consecutive term of more than nine (9) years.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 27 0
No. of Shares 1,161,581,933 0
% of Voted Shares 100.0000 0.0000
Result Accepted

9. 9

Description
Proposed renewal of and new shareholder mandates for recurrent related party transactions of a revenue or trading nature.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 11 0
No. of Shares 60,117,214 0
% of Voted Shares 100.0000 0.0000
Result Accepted






Announcement Info

Company Name RIMBUNAN SAWIT BERHAD
Stock Name RSAWIT
Date Announced 30 May 2022
Category General Meeting
Reference Number GMA-01042022-00002
Corporate Action ID MY220401MEET0002