GENERAL MEETINGS: Outcome of Meeting
| KRONOLOGI ASIA BERHAD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 24 Jun 2025 |
| Time | 10:00 AM |
| Venue(s) |
Astor Room 2 & 3, Lobby Level, The St. Regis Kuala Lumpur, 6, Jalan Stesen Sentral 2, Kuala Lumpur Sentral, 50470 Kuala Lumpur, Wilayah Persekutuan, Malaysia |
| Outcome of Meeting | The Board of Directors of Kronologi Asia Berhad (“the Company”) is pleased to announce that all the resolutions as prescribed in the Notice of Eleventh Annual General Meeting (“11th AGM”) dated 30 May 2025 were duly passed by the shareholders of the Company by way of poll at the 11th AGM.
The result of the poll was validated by Coopers Professional Scrutineers Sdn. Bhd., the independent scrutineer appointed by the Company.
The Audited Financial Statements for the financial year ended 31 January 2025 together with the Reports of the Directors and Auditors thereon were received and duly tabled at the 11th AGM of the Company under Agenda 1.
Please refer to the attachment for the details of the outcome.
This announcement is dated 24 June 2025. |
Voting Results |
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1. Ordinary Resolution 1 |
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| Description |
To approve the payment of Directors' fees and benefits of up to RM600,000 for the period commencing from the date immediately after this 11th AGM until the date of the next Annual General Meeting ("AGM") of the Company.
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 48 | 13 |
| No. of Shares | 338,663,122 | 6,662,400 |
| % of Voted Shares | 98.0707 | 1.9293 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
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| Description |
To re-elect Mr. Edmond Tay Nam Hiong as Director of the Company. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 55 | 6 |
| No. of Shares | 291,041,722 | 5,755,920 |
| % of Voted Shares | 98.0607 | 1.9393 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
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| Description |
To re-elect Ms. Lai Ching Thing as Director of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 55 | 6 |
| No. of Shares | 339,041,722 | 5,755,920 |
| % of Voted Shares | 98.3306 | 1.6694 |
| Result | Accepted | |
4. Ordinary Resolution 4 |
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| Description |
To re-appoint PKF PLT as Auditors of the Company until the conclusion of the next AGM and to authorise the Directors to fix their remuneration. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 57 | 5 |
| No. of Shares | 339,063,722 | 5,737,920 |
| % of Voted Shares | 98.3359 | 1.6641 |
| Result | Accepted | |
5. Ordinary Resolution 5 |
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| Description |
To retain Mr. John Chin Shoo Ted as the Senior Independent Non-Executive Director of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 1 | 0 |
| No. of Shares | 119,564,526 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
6. Ordinary Resolution 5 - Tier 2 |
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| Description |
To retain Mr. John Chin Shoo Ted as the Senior Independent Non-Executive Director of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 49 | 11 |
| No. of Shares | 219,412,756 | 5,820,360 |
| % of Voted Shares | 97.4159 | 2.5841 |
| Result | Accepted | |
7. Ordinary Resolution 6 |
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| Description |
To approve the general authority for the Directors to issue and allot 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 | 51 | 11 |
| No. of Shares | 339,020,202 | 6,305,440 |
| % of Voted Shares | 98.1741 | 1.8259 |
| Result | Accepted | |
8. Ordinary Resolution 7 |
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| Description |
To approve the Proposed Renewal of the Authority for the Company to purchase its own shares of up to ten per centum (10%) of its total number of issued shares. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 57 | 5 |
| No. of Shares | 338,908,102 | 5,889,560 |
| % of Voted Shares | 98.2919 | 1.7081 |
| Result | Accepted | |
Please refer attachment below.
Announcement Info
| Company Name | KRONOLOGI ASIA BERHAD |
| Stock Name | KRONO |
| Date Announced | 24 Jun 2025 |
| Category | General Meeting |
| Reference Number | GMA-20062025-00003 |
| Corporate Action ID | MY250620MEET0003 |