[KTC] AGM on 09-Dec-2019

Stock
[KTC]: KIM TECK CHEONG CONSOLIDATED BERHAD
Announcement Date
30-Oct-2019
Type
AGM
Date & Time
09-Dec-2019 10:00
Depositor Date
03-Dec-2019
Venue
Kim Teck Cheong Consolidated Berhad, Lot 73, Jalan Kilang SEDCO Light Industrial Estate Mile 5 ½, Jalan Tuaran 88450 Kota Kinabalu, Sabah, Malaysia
Description
Fifth Annual General Meeting
KTC - Notice of 5th AGM.pdf
Outcome

The Board of Directors of Kim Teck Cheong Consolidated Berhad is pleased to announce that, save for Resolution 5 in relation to the re-election of Y. Bhg. Datuk Deleon Quadra @ Kamal Quadra which was withdrawn, all the resolutions as set out in the Notice of the FifthAnnual General Meeting ("5thAGM") dated 31 October 2019were approved by the shareholders at the 5thAGM held on 9 December 2019.

Details areset out as below voting results.

This announcement is dated 9 December 2019.

Voting Results

1. Resolution 1

Description 
To approve the following payments to Non-Executive Directors:
Directors fees of RM253,500 for the financial year ended 30 June 2019
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 18 1
No. of Shares 388,117,800 422,500
% of Voted Shares 99.8890 0.1110
Result Accepted

2. Resolution 2

Description 
To approve the following payments to Non-Executive Directors:
Directors fees of up to RM260,160 from 1 July 2019 up to the next Annual General Meeting of the Company to be held in 2020
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 18 1
No. of Shares 381,117,800 422,500
% of Voted Shares 99.8890 0.1110
Result Accepted

3. Resolution 3

Description 
To approve the following payments to Non-Executive Directors:
Meeting allowance of  RM40,000 from 1 July 2019 up to the next Annual General Meeting of the Company to be held in 2020.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 18 1
No. of Shares 381,117,800 422,500
% of Voted Shares 99.8890 0.1110
Result Accepted

4. Resolution 4

Description 
Re-election of Director - Y. Bhg. Datuk Lau Koh Sing @ Lau Kok Sing
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 19 0
No. of Shares 381,540,300 0
% of Voted Shares 100.0000 0.0000
Result Accepted

5. Resolution 5

Description 
Re-election of Director - Y. Bhg. Datuk Deleon Quadra @ Kamal Quadra
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 0 0
No. of Shares 0 0
% of Voted Shares 0.0000 0.0000
Result Withdrawn/ Postponed

6. Resolution 6

Description 
Re-election of Director - Mr. Lau Wei Dick @ Dexter Dick Lau
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 19 0
No. of Shares 381,540,300 0
% of Voted Shares 100.0000 0.0000
Result Accepted

7. Resolution 7

Description 
To appoint Messrs. PKF Malaysia as the Auditors of the Company and to authorise the Board of Directors to fix their remuneration
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 19 0
No. of Shares 381,540,300 0
% of Voted Shares 100.0000 0.0000
Result Accepted

8. Resolution 8

Description 
Authority to Issue Shares Pursuant to Section 76 of the Companies Act, 2016
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 19 0
No. of Shares 381,540,300 0
% of Voted Shares 100.0000 0.0000
Result Accepted

9. Resolution 9

Description 
Adoption of new Constitution
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 19 0
No. of Shares 381,540,300 0
% of Voted Shares 100.0000 0.0000
Result Accepted

Remark
-
Market Buzz
Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment