SSTEEL

0.575

-0.005 (-0.9%)

GENERAL MEETINGS: Outcome of Meeting

SOUTHERN STEEL BERHAD

Type of Meeting Annual General Meeting
Indicator Outcome of Meeting
Date of Meeting 21 Nov 2019
Time 12:00 PM
Venue 
Training Room C, Level 1, Southern Steel Berhad, 2723 Lorong Perusahaan 12, Prai Industrial Estate, 13600 Prai, Penang
Outcome of Meeting

We wish to announce that all the resolutions set out in the Notice of 57th Annual General Meeting of Southern Steel Berhad ("the Company") held on 21 November 2019 were duly passed by way of a poll.  The results of the poll were duly verified by Symphony Merchant Sdn Bhd, the Independent Scrutineer appointed by the Company.

 

This announcement is dated 21 November 2019.

Voting Results

Resolution Vote in favour Vote Against Results
No. of Shares % No. of Shares % 
Ordinary Resolution 1
- Payment of Director Fees and Directors' Other Benefits
 302,276,808 99.997684 7,000 0.002316 Carried 
Ordinary Resolution 2
- Re-election of YBhg Datuk Kwek Leng San as a Director
 351,419,383 99.999455 1,916 0.000545 Carried 
Ordinary Resolution 3
- Re-election of Mr Chow Chong Long as a Director
 351,421,299 100.000000 0 0.000000 Carried 
Ordinary Resolution 4
- Re-election of Dr Kwa Lay Keng as a Director
 302,283,808 100.000000 0 0.000000 Carried 
Ordinary Resolution 5
- Re-appointment of KPMG PLT as Auditors
 349,849,546 100.000000 0 0.000000 Carried 
Ordinary Resolution 6
- Authority to Directors to allot shares pursuant to Sections 75 and 76 of the Companies Act 2016
 349,945,109 100.000000 0 0.000000 Carried 
Ordinary Resolution 7
- Proposed renewal of Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature with Hong Leong Company (Malaysia) Berhad ("HLCM") and persons connected with HLCM
 57,689,237 100.000000 0 0.000000 Carried 
Ordinary Resolution 8
- Proposed renewal of Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature with Su Hock Company Sdn Berhad and its subsidiary
 302,259,054 100.000000 0 0.000000 Carried 
Ordinary Resolution 9
- Proposed renewal of Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature with Hong Bee Hardware Company, Sdn Berhad and its subsidiary
 342,999,694 100.000000 0 0.000000 Carried 
Ordinary Resolution 10
- Proposed new Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature with Hong Leong Investment Holdings Pte. Ltd. ("HLIH") and persons connected with HLIH
 294,912,315 100.000000 0 0.000000 Carried 
Special Resolution
- Proposed adoption of new Constitution of the Company
 351,313,736 100.000000 0 0.000000 Carried



Announcement Info

Company Name SOUTHERN STEEL BERHAD
Stock Name SSTEEL
Date Announced 21 Nov 2019
Category General Meeting
Reference Number GMA-18112019-00010


View original announcement