COASTAL

1.470

-0.01 (-0.7%)

GENERAL MEETINGS: Outcome of Meeting

COASTAL CONTRACTS BHD

Type of Meeting Annual General Meeting
Indicator Outcome of Meeting
Date of Meeting 26 Nov 2019
Time 10:00 AM
Venue
Block G, Lot 3B, Bandar Leila, 90000 Sandakan, Sabah
Outcome of Meeting

The Board of Directors of Coastal Contracts Bhd ("Coastal" or Company") wishes to announce that all the resolutions as set out in the Notice of the Nineteenth Annual General Meeting of COASTAL dated 29 October 2019 were duly passed by way of poll at the Nineteenth Annual General Meeting held on 26 November 2019. The results of the poll were duly verified by Messrs Tsang & Co., the independent scrutineer appointed by the Company.

Voting Results

Resolution Vote in favour Vote Against Results
No. of Shares % No. of Shares %
Ordinary Resolution 1:
To approve the payment of fees and benefits to the Non-Executive Directors.
295,401,330 100.000000 0 0.000000 Carried
Ordinary Resolution 2:
To re-elect Mr Jacob O Pang Su Yin as Director.
294,901,273 99.830000 500,057 0.170000 Carried
Ordinary Resolution 3:
To re-elect Mr Loh Thian Sang @ Lo Thian Siang as Director.
295,286,226 99.960000 115,104 0.040000 Carried
Ordinary Resolution 4:
To re-appoint Messrs Crowe Malaysia PLT as Auditors of the Company and to authorise the Directors to fix their remuneration.
295,401,330 100.000000 0 0.000000 Carried
Ordinary Resolution 5:
Proposed retention of Mr Loh Thian Sang @ Lo Thian Siang as Independent Non-Executive Director.
TIER 1
179,876,726 100.000000 0 0.000000 Carried
Ordinary Resolution 5:
Proposed retention of Mr Loh Thian Sang @ Lo Thian Siang as Independent Non-Executive Director.
TIER 2
115,409,500 99.900000 115,104 0.100000 Carried
Ordinary Resolution 6:
Authority to issue shares pursuant to the Companies Act 2016.
295,401,330 100.000000 0 0.000000 Carried
Ordinary Resolution 7:
Proposed Renewal of Share Buy-Back Authority.
295,401,330 100.000000 0 0.000000 Carried
Special Resolution 8:
Proposed Adoption of a New Constitution of the Company.
295,401,330 100.000000 0 0.000000 Carried




Announcement Info

Company Name COASTAL CONTRACTS BHD
Stock Name COASTAL
Date Announced 26 Nov 2019
Category General Meeting
Reference Number GMA-01102019-00010