GENERAL MEETINGS: Outcome of Meeting
| MUAR BAN LEE GROUP BERHAD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 27 May 2025 |
| Time | 02:00 PM |
| Venue(s) |
Conference Room of No. JR52, Lot 1818, Jalan Raja, Kawasan Perindustrian Bukit Pasir, 84300 Muar, Johor Darul Takzim. Malaysia |
| Outcome of Meeting | The Board of Directors of Muar Ban Lee Group Berhad (“the Company”) wishes to announce that all the resolutions set out in the Notice of the Nineteenth Annual General Meeting ("19th AGM") of the Company dated 28 April 2025 were duly passed by the shareholders of the Company by way of poll at the 19th AGM held on 27 May 2025.
The results of the poll were verified by the Independent Scrutineer appointed by the Company, Quantegic Services Sdn. Bhd.
This announcement is dated 27 May 2025. |
Voting Results |
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1. Ordinary Resolution 1 |
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| Description |
To re-elect Chua En Hom, the Director who retires in accordance with Clause 21.5(a) of the Company's Constitution. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 48 | 1 |
| No. of Shares | 134,784,768 | 10,100 |
| % of Voted Shares | 99.9925 | 0.0075 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
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| Description |
To re-elect Ng Mei Wan, the Director who retires in accordance with Clause 21.5(a) of the Company's Constitution. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 49 | 1 |
| No. of Shares | 135,084,768 | 10,100 |
| % of Voted Shares | 99.9925 | 0.0075 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
||
| Description |
To re-elect Lim Choo Hooi, the Director who retires in accordance with Clause 21.5(a) of the Company's Constitution. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 49 | 1 |
| No. of Shares | 135,084,768 | 10,100 |
| % of Voted Shares | 99.9925 | 0.0075 |
| Result | Accepted | |
4. Ordinary Resolution 4 |
||
| Description |
To re-elect Lee Sher Lu, the Director who retires in accordance with Clause 22.1 of the Company's Constitution. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 49 | 1 |
| No. of Shares | 135,084,768 | 10,100 |
| % of Voted Shares | 99.9925 | 0.0075 |
| Result | Accepted | |
5. Ordinary Resolution 5 |
||
| Description |
To approve and ratify the additional payment of meeting allowances amounting to RM1,000, which was in excess of the earlier approved amount of RM10,500 for the period commencing from 24 May 2024 until the conclusion of 19th AGM of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 49 | 1 |
| No. of Shares | 135,084,768 | 10,100 |
| % of Voted Shares | 99.9925 | 0.0075 |
| Result | Accepted | |
6. Ordinary Resolution 6 |
||
| Description |
To approve the payment of Directors' fees and meeting allowances as per Table A as stated in Explanation Note to Agenda 5, for the period commencing from the conclusion of the 19th AGM of the Company until the conclusion of the next AGM of the Company in the year of 2026. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 49 | 1 |
| No. of Shares | 135,084,768 | 10,100 |
| % of Voted Shares | 99.9925 | 0.0075 |
| Result | Accepted | |
7. Ordinary Resolution 7 |
||
| Description |
To re-appoint Messrs. Morison LC PLT as Auditors of the Company and to authorise the Directors to fix their remuneration. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 49 | 1 |
| No. of Shares | 135,084,768 | 10,100 |
| % of Voted Shares | 99.9925 | 0.0075 |
| Result | Accepted | |
8. Ordinary Resolution 8 |
||
| Description |
Authority to Issue Shares Pursuant to Sections 75 and 76 of the Companies Act 2016 and Waiver of Pre-Emptive Rights. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 49 | 1 |
| No. of Shares | 135,084,768 | 10,100 |
| % of Voted Shares | 99.9925 | 0.0075 |
| Result | Accepted | |
9. Ordinary Resolution 9 |
||
| Description |
Proposed Renewal of Authority for Share Buy-Back. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 49 | 1 |
| No. of Shares | 135,084,768 | 10,100 |
| % of Voted Shares | 99.9925 | 0.0075 |
| Result | Accepted | |
Announcement Info
| Company Name | MUAR BAN LEE GROUP BERHAD |
| Stock Name | MBL |
| Date Announced | 27 May 2025 |
| Category | General Meeting |
| Reference Number | GMA-23052025-00003 |
| Corporate Action ID | MY250523MEET0003 |