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Vertical Business Suite, Unit 35-01, Level 35, Tower A,
Avenue 3, Bangsar South, No. 8, Jalan Kerinchi,
59200 Kuala Lumpur,
Malaysia
Outcome of Meeting
The Board of Directors of Kotra Industries Berhad ("Kotra") is pleased to announce that at the Twenty-Third Annual General Meeting ("AGM") of Kotra held today, all the resolutions as set out in the Notice of Twenty-Third AGM dated 28 October 2022, were duly passed by the shareholders of Kotra.
The voting in respect of the resolutions were carried out by way of poll via remote participation and electronic voting and the results were validated by Quantegic Services Sdn. Bhd., the Independent Scrutineer appointed by Kotra.
The details of the poll results are set out below.
This announcement is dated 29 November 2022.
Voting Results
1. Ordinary Resolution 1
Description
To approve the payment of a final single-tier dividend of 16 sen per ordinary share for the financial year ended 30 June 2022.
Shareholder’s Action
For Voting
Voted
For
Against
No. of Shareholders
50
1
No. of Shares
88,452,414
1
% of Voted Shares
99.9999
0.0000
Result
Accepted
2. Ordinary Resolution 2
Description
To approve the payment of Directors' fees amounting to RM420,000.00 from 30 November 2022 until the next AGM of the Company in year 2023.
Shareholder’s Action
For Voting
Voted
For
Against
No. of Shareholders
41
9
No. of Shares
88,428,323
24,091
% of Voted Shares
99.9728
0.0272
Result
Accepted
3. Ordinary Resolution 3
Description
To approve the payment of Directors' benefits payable up to an amount of RM30,000.00 from 30 November 2022 until the next AGM of the Company in year 2023.
Shareholder’s Action
For Voting
Voted
For
Against
No. of Shareholders
42
9
No. of Shares
88,428,324
24,091
% of Voted Shares
99.9728
0.0272
Result
Accepted
4. Ordinary Resolution 4
Description
To re-elect the director, Datuk Piong Teck Yen, who is retiring pursuant to Clause 118 of the Company's Constitution, being eligible, has offered himself for re-election.
Shareholder’s Action
For Voting
Voted
For
Against
No. of Shareholders
50
1
No. of Shares
88,452,414
1
% of Voted Shares
99.9999
0.0000
Result
Accepted
5. Ordinary Resolution 5
Description
To re-elect the director, Mr. Piong Chee Kien, who is retiring pursuant to Clause 118 of the Company's Constitution, being eligible, has offered himself for re-election.
Shareholder’s Action
For Voting
Voted
For
Against
No. of Shareholders
50
1
No. of Shares
88,452,414
1
% of Voted Shares
99.9999
0.0000
Result
Accepted
6. Ordinary Resolution 6
Description
To re-appoint Crowe Malaysia PLT as Auditors of the Company until the conclusion of the next AGM and to authorise the Directors to fix their remuneration.
Shareholder’s Action
For Voting
Voted
For
Against
No. of Shareholders
50
1
No. of Shares
88,452,414
1
% of Voted Shares
99.9999
0.0000
Result
Accepted
7. Ordinary Resolution 7
Description
Authority to Allot and Issue Shares pursuant to the Companies Act 2016
Shareholder’s Action
For Voting
Voted
For
Against
No. of Shareholders
47
3
No. of Shares
88,448,214
3,201
% of Voted Shares
99.9964
0.0036
Result
Accepted
8. Ordinary Resolution 8
Description
Proposed Renewal of Shareholders' Mandate for Existing Recurrent Related Party Transactions of a Revenue or Trading Nature
Shareholder’s Action
For Voting
Voted
For
Against
No. of Shareholders
40
2
No. of Shares
6,705,886
2,201
% of Voted Shares
99.9672
0.0328
Result
Accepted
9. Special Resolution
Description
Proposed Amendments to the Constitution of the Company