[KRONO] General on 29-May-2020

Stock
[KRONO]: KRONOLOGI ASIA BERHAD
Announcement Date
19-May-2020
Type
General
Date & Time
29-May-2020 11:00
Depositor Date
21-May-2020
Venue
Conference Room of Kronologi Asia Berhad Level 28-D, Axiata Tower No. 9, Jalan Stesen Sentral 5,Kuala Lumpur Sentral, 50470 Kuala Lumpur
Description
Kronologi Asia Berhad - Notification to shareholders of a fully virtual Sixth Annual General Meeting due to Conditional Movement Control Order to 9 June 2020. The date and time remain unchanged.
Notification Letter to Shareholders on Fully Virtual Meeting.pdf
Outcome
The Board of Directors of Kronologi Asia Berhad ("the Company") is pleased to announce that all the resolutions under Ordinary and Special Business as prescribed in the Notice of Sixth Annual General Meeting ("6th AGM") of the Company dated 6 May 2020 were duly passed by the shareholders of the Company by way of poll via remote participation and voting at the 6th AGM.

The result of the poll was validated by Cygnus IT Solutions PLT, the independent scrutineer appointed by the Company.

Please refer to the attachment for the details of the outcome.

This announcement is dated 29 May 2020.

Voting Results

1. Ordinary Resolution 1

Description 
To approve the payment of additional Directors fees and benefits of RM22,500 for the financial year ended 31 December 2019.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 15 5
No. of Shares 228,228,842 103,000
% of Voted Shares 99.9549 0.0451
Result Accepted

2. Ordinary Resolution 2

Description 
To approve the payment of Directors fees and benefits of up to RM400,000 for the financial year ending 31 December 2020.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 14 6
No. of Shares 228,158,842 173,000
% of Voted Shares 99.9242 0.0758
Result Accepted

3. Ordinary Resolution 3

Description 
To re-elect Mr. John Chin Shoo Ted as Director of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 18 2
No. of Shares 228,239,942 91,900
% of Voted Shares 99.9598 0.0402
Result Accepted

4. Ordinary Resolution 4

Description 
To re-elect Mr. Kok Cheang-hung as Director of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 18 2
No. of Shares 228,239,942 91,900
% of Voted Shares 99.9598 0.0402
Result Accepted

5. Ordinary Resolution 5

Description 
To re-appoint PKF Malaysia as Auditors of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 17 3
No. of Shares 228,236,942 94,900
% of Voted Shares 99.9584 0.0416
Result Accepted

6. Ordinary Resolution 6

Description 
To approve the authority for the Directors to allot and issue shares pursuant to Sections 75 and 76 of the Companies Act 2016.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 17 3
No. of Shares 228,239,842 92,000
% of Voted Shares 99.9597 0.0403
Result Accepted

7. Ordinary Resolution 7

Description 
To approve the Proposed Share Buy-Back of up to 10% of the total number of issued shares of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 19 1
No. of Shares 228,329,942 1,900
% of Voted Shares 99.9992 0.0008
Result Accepted

8. Ordinary Resolution 8

Description 
To approve the Proposed Participation of Mr. Edmond Tay Nam Hiong under the Company's Share Grant Plan.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 16 3
No. of Shares 204,023,722 94,900
% of Voted Shares 99.9535 0.0465
Result Accepted

9. Special Resolution

Description 
To approve the proposed amendments to the Company's Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 18 2
No. of Shares 228,239,942 91,900
% of Voted Shares 99.9598 0.0402
Result Accepted

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