TOCEAN

1.570

+0.02 (+1.3%)

GENERAL MEETINGS: Outcome of Meeting

TRANSOCEAN HOLDINGS BHD

Type of Meeting	General
Indicator	Outcome of Meeting
Date of Meeting	02 Jun 2022
Time	10:00 AM

Venue(s)

Dewan Bungaraya,

Level 2, WP Hotel,

362, Jalan Tuanku Abdul Rahman,

50100 Kuala Lumpur

Malaysia

Outcome of Meeting

Transocean Holdings Bhd. ("THB" or "the Company") is pleased to announce that all the resolutions as set out in the Notice of the Forty-Fourth Annual General Meeting ("44th AGM") of the Company dated 29 April 2022 were duly passed by way of poll.

The results of the poll were verified by Commercial Quest Sdn. Bhd., the Independent Scrutineer appointed by the Company.

The details of the poll results for Ordinary Resolution 8 and 9 which were voted through two-tier voting process are as follows: -

Resolution	Description	Shareholder's Action	Voted				Result
			Voted	No. of shareholders	No. of shares	%of voted shares
Ordinary Resolution 8 (Tier 1)	Mandate for Mr. Woo Kok Boon who has served as Independent Non-Executive Director of the Company for a cumulative term of more than nine (9) years, to continue to act as an Independent Non-Executive Director of the Company.	For voting	For	1	20,000,000	100.00	Carried
			Against	0	0	0
Ordinary Resolution 8 (Tier 2)	Mandate for Mr. Woo Kok Boon who has served as Independent Non-Executive Director of the Company for a cumulative term of more than nine (9) years, to continue to act as an Independent Non-Executive Director of the Company.	For voting	For	8	20,638,289	100.00	Carried
			Against	0	0	0
Ordinary Resolution 9 (Tier 1)	Mandate for Encik Muhammad Adib Bin Ariffin who has served as Independent Non-Executive Director of the Company for a cumulative term of more than twelve (12) years, to continue to act as an Independent Non-Executive Director of the Company.	For voting	For	1	20,000,000	100.00	Carried
			Against	0	0	0
Ordinary Resolution 9 (Tier 2)	Mandate for Encik Muhammad Adib Bin Ariffin who has served as Independent Non-Executive Director of the Company for a cumulative term of more than twelve (12) years, to continue to act as an Independent Non-Executive Director of the Company.	For voting	For	8	20,638,289	100.00	Carried
			Against	0	0	0

Voting Results

1. Ordinary Resolution 1
Description	To approve the payment of Directors' fee amounting to Ringgit Malaysia One Hundred and Thirteen Thousand (RM113,000.00) only for the financial year ended 31 December 2021.
Shareholder’s Action	For Voting
Voted	For	Against
No. of Shareholders	9	0
No. of Shares	40,638,289	0
% of Voted Shares	100.0000	0.0000
Result	Accepted

2. Ordinary Resolution 2
Description	To approve the payment of benefits payable to the Directors of the Company up to an amount of Ringgit Malaysia Thirty Thousand (RM30,000.00) only for the period from the conclusion of this AGM until next AGM of the Company pursuant to Section 230(1) (b) of the Companies Act 2016.
Shareholder’s Action	For Voting
Voted	For	Against
No. of Shareholders	9	0
No. of Shares	40,638,289	0
% of Voted Shares	100.0000	0.0000
Result	Accepted

3. Ordinary Resolution 3
Description	To re-elect En. Muhammad Adib Bin Ariffin who retires in accordance with Regulation 96 of the Company's Constitution and being eligible, offers himself for re-election.
Shareholder’s Action	For Voting
Voted	For	Against
No. of Shareholders	9	0
No. of Shares	40,638,289	0
% of Voted Shares	100.0000	0.0000
Result	Accepted

4. Ordinary Resolution 4
Description	To re-elect YBhg. Dato Syed Budriz Putra who retires in accordance with Regulation 103 of the Company's Constitution and being eligible, offers himself for re-election.
Shareholder’s Action	For Voting
Voted	For	Against
No. of Shareholders	9	0
No. of Shares	40,638,289	0
% of Voted Shares	100.0000	0.0000
Result	Accepted

5. Ordinary Resolution 5
Description	To re-appoint Messrs. Grant Thornton Malaysia PLT as Auditors of the Company, to hold office until the conclusion of the next AGM, at a remuneration to be determined by the Directors.
Shareholder’s Action	For Voting
Voted	For	Against
No. of Shareholders	9	0
No. of Shares	40,638,289	0
% of Voted Shares	100.0000	0.0000
Result	Accepted

6. Ordinary Resolution 6
Description	Authority for Directors to issue and allot shares.
Shareholder’s Action	For Voting
Voted	For	Against
No. of Shareholders	9	0
No. of Shares	40,638,289	0
% of Voted Shares	100.0000	0.0000
Result	Accepted

7. Ordinary Resolution 7
Description	Proposed renewal of shareholders' mandate.
Shareholder’s Action	For Voting
Voted	For	Against
No. of Shareholders	7	0
No. of Shares	25,921,929	0
% of Voted Shares	100.0000	0.0000
Result	Accepted

8. Ordinary Resolution 8
Description	Mandate for Mr. Woo Kok Boon who has served as Independent Non-Executive Director of the Company for a cumulative term of more than nine (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	9	0
No. of Shares	40,638,289	0
% of Voted Shares	100.0000	0.0000
Result	Accepted

9. Ordinary Resolution 9
Description	Mandate for Encik Muhammad Adib Bin Ariffin who has served as Independent Non-Executive Director of the Company for a cumulative term of more than twelve (12) 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	9	0
No. of Shares	40,638,289	0
% of Voted Shares	100.0000	0.0000
Result	Accepted

Announcement Info

Company Name	TRANSOCEAN HOLDINGS BHD
Stock Name	TOCEAN
Date Announced	02 Jun 2022
Category	General Meeting
Reference Number	GMA-31052022-00020
Corporate Action ID	MY220531MEET0019