STRAITS

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GENERAL MEETINGS: Outcome of Meeting

STRAITS ENERGY RESOURCES BERHAD

Type of Meeting General
Indicator Outcome of Meeting
Date of Meeting 25 Jun 2024
Time 10:00 AM

Venue(s)
Online Meeting Platform

via TIIH Online at https://tiih.online

as provided by Tricor Investor & Issuing House Services Sdn. Bhd.

Malaysia

Outcome of Meeting

The Board of Directors of Straits Energy Resources Berhad ("Straits" or "the Company”) wishes to announce that the Audited Financial Statements for the financial year ended 31 December 2023 and the Reports of the Directors and Auditors thereon were duly tabled and received at the 27th Annual General Meeting (“AGM”) of the Company held today under Agenda 1 as set out in the Notice of the 27th AGM dated 30 April 2024.


The Board also wishes to announce that all the resolutions as set out in the Notice of the 27th AGM dated 30 April 2024 and Notice of Additional Resolution dated 11 June 2024 have been passed by the shareholders at the 27th AGM held today.

 

The voting in respect of all the resolutions were carried out by way of poll and the results were validated by Asia Securities Sdn. Berhad, the independent scrutineer appointed by the Company.

 

Please refer to the attachment for the results of the poll as validated by the independent scrutineer.

                                                                                                                                                                     

This announcement is dated 25 June 2024.


Voting Results


1. Ordinary Resolution 1

Description
To re-elect Tan Sri Mohd Bakri Bin Mohd Zinin as Director of the Company who retire in accordance with Clause 21.6 of the Constitution of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 970 73
No. of Shares 395,579,790 57,760
% of Voted Shares 99.9854 0.0146
Result Accepted

2. Ordinary Resolution 2

Description
To re-elect Captain Tony Tan Han (Chen Han) as Director of the Company who retire in accordance with Clause 21.6 of the Constitution of the Company
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 962 79
No. of Shares 358,792,445 54,666
% of Voted Shares 99.9848 0.0152
Result Accepted

3. Ordinary Resolution 3

Description
To re-elect  Harison Binti Yusoff as Director of the Company who retire in accordance with Clause 21.6 of the Constitution of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 964 78
No. of Shares 395,507,089 130,460
% of Voted Shares 99.9670 0.0330
Result Accepted

4. Ordinary Resolution 4

Description
To approve the payment of Directors Fee up to an amount of RM534,000 for the period from 1 July 2024 until 30 June 2025.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 925 109
No. of Shares 264,856,239 397,670
% of Voted Shares 99.8501 0.1499
Result Accepted

5. Ordinary Resolution 5

Description
To approve the payment of Directors Benefits to the Non-Executive Directors up to an amount of RM310,000 for the period from 1 July 2024 until 30 June 2025
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 934 106
No. of Shares 395,286,881 350,468
% of Voted Shares 99.9114 0.0886
Result Accepted

6. Ordinary Resolution 6

Description
To re-appoint Messrs. Moore Stephens Associates PLT as Auditors of the Company for the financial year ending 31 December 2024 and to authorise the Directors to fix their remuneration.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 957 81
No. of Shares 394,377,187 1,259,062
% of Voted Shares 99.6818 0.3182
Result Accepted

7. Ordinary Resolution 7

Description
Authority to Issue Shares Pursuant to Sections 75 and 76 of the Companies Act, 2016
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 952 89
No. of Shares 395,448,990 178,460
% of Voted Shares 99.9549 0.0451
Result Accepted

8. Ordinary Resolution 8

Description
Proposed Renewal of Existing Shareholders Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 960 79
No. of Shares 353,778,751 68,359
% of Voted Shares 99.9807 0.0193
Result Accepted

9. Ordinary Resolution 9

Description
Proposed New Shareholders Mandate on Recurrent Related Party Transactions of a Revenue or Trading Nature
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 959 77
No. of Shares 201,070,251 69,160
% of Voted Shares 99.9656 0.0344
Result Accepted



Please refer attachment below.




Announcement Info

Company Name STRAITS ENERGY RESOURCES BERHAD
Stock Name STRAITS
Date Announced 25 Jun 2024
Category General Meeting
Reference Number GMA-25062024-00014
Corporate Action ID MY240625MEET0014