GENERAL MEETINGS: Outcome of Meeting
| STAR MEDIA GROUP BERHAD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 27 May 2024 |
| Time | 10:00 AM |
| Venue(s) |
Broadcast Venue at Cyberhub, Level 2, Menara Star, 15, Jalan 16/11 46350 Petaling Jaya, Selangor Darul Ehsan Virtual Meeting Platform via https://tiih.online with Remote Participation and Voting facilities Malaysia |
| Outcome of Meeting | The Board of Directors of Star Media Group Berhad ("the Company") is pleased to announce that all the resolutions set out in the Notice of the 52nd Annual General Meeting ("AGM") dated 26 April 2024 were duly passed at the AGM of the Company held today.
Details of the poll results validated by Coopers Professional Scrutineers Sdn. Bhd., the Independent Scrutineer appointed by the Company are provided in the attachment and outlined below.
This announcement is dated 27 May 2024. |
Voting Results |
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1. Ordinary Resolution 1 |
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| Description |
To approve the payment of a first and final single-tier dividend of 1.0 sen per ordinary share in respect of the financial year ended 31 December 2023. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 212 | 29 |
| No. of Shares | 352,944,195 | 352,613 |
| % of Voted Shares | 99.9002 | 0.0998 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
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| Description |
To re-elect Ms Tee Chew Lay who retires as a director pursuant to Clause 96(c) of the Company's Constitution. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 195 | 45 |
| No. of Shares | 352,678,695 | 608,113 |
| % of Voted Shares | 99.8279 | 0.1721 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
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| Description |
To approve the payment of Non-Executive Directors' fees from the 52nd Annual General Meeting ("AGM") until the next AGM of the Company.
|
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 174 | 61 |
| No. of Shares | 351,873,701 | 639,003 |
| % of Voted Shares | 99.8187 | 0.1813 |
| Result | Accepted | |
4. Ordinary Resolution 4 |
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| Description |
To approve the payment of benefits payable to the Non-Executive Directors (excluding Non-Executive Directors' fees) of up to RM600,000 from the 52nd AGM until the next AGM of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 174 | 61 |
| No. of Shares | 351,873,701 | 639,003 |
| % of Voted Shares | 99.8187 | 0.1813 |
| Result | Accepted | |
5. Ordinary Resolution 5 |
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| Description |
To re-appoint Messrs BDO PLT as Auditors of the Company and to authorise the Directors of the Company to fix their remuneration. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 194 | 44 |
| No. of Shares | 349,569,195 | 3,714,613 |
| % of Voted Shares | 98.9845 | 1.0515 |
| Result | Accepted | |
6. Ordinary Resolution 6 |
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| Description |
To approve the proposed authority to allot and issue shares pursuant to Sections 75 and 76 of the Companies Act 2016. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 183 | 54 |
| No. of Shares | 349,065,505 | 4,197,203 |
| % of Voted Shares | 98.8119 | 1.1881 |
| Result | Accepted | |
7. Ordinary Resolution 7 |
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| Description |
To approve the proposed renewal of share buy back authority. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 193 | 46 |
| No. of Shares | 352,280,235 | 1,004,573 |
| % of Voted Shares | 99.7156 | 0.2844 |
| Result | Accepted | |
8. Ordinary Resolution 8 |
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| Description |
To approve the Proposed Variation. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 185 | 53 |
| No. of Shares | 352,636,245 | 643,563 |
| % of Voted Shares | 99.8178 | 0.1822 |
| Result | Accepted | |
Please refer attachment below.
Announcement Info
| Company Name | STAR MEDIA GROUP BERHAD |
| Stock Name | STAR |
| Date Announced | 27 May 2024 |
| Category | General Meeting |
| Reference Number | GMA-27052024-00013 |
| Corporate Action ID | MY240527MEET0012 |