[KHJB] General on 29-Jul-2020

Stock
[KHJB]: KIM HIN JOO (MALAYSIA) BERHAD
Announcement Date
29-Jun-2020
Type
General
Date & Time
29-Jul-2020 14:30
Depositor Date
21-Jul-2020
Venue
Broadcast Venue: TR12-R01 & TR12-R02, 12th Floor, Menara Symphony No. 5, Jalan Professor Khoo Kay Kim, Seksyen 13 46200 Petaling Jaya, Selangor Darul Ehsan
Description
Kim Hin Joo (Malaysia) Berhad - Notice of Thirty Ninth Annual General Meeting ("39th AGM") The 39th AGM will be conducted fully virtual at the Broadcast Venue and vide Remote Participation and Voting facilities.
Kim Hin Joo (Malaysia) Berhad - Notice of 39th AGM with Administrative Guide.pdf
Outcome

The Board of Directors of Kim Hin Joo (Malaysia) Berhad ("the Company") is pleased to announce that all the resolutions set out in the Notice of Thirty NinthAnnual General Meeting ("39th AGM") of the Company dated 30June2020were duly passed by the shareholders at the 39th AGM of the Company held earlier today.

All the resolutions were voted on by poll via remote participation and electronic voting, and the results of the poll were validated by Malaysian Issuing House Sdn Bhd, the independent Scrutineer appointed by the Company. Details of the poll results are set out below.

This announcement is dated 29 July2020.

Voting Results

1. Ordinary Resolution 1

Description 
To approve the additional payment of Directors' Fees amounting to RM6,000 which was in excess of the earlier approved amount of RM200,000 for the financial year ended 31 December 2019.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 34 3
No. of Shares 269,654,000 15,000
% of Voted Shares 99.9944 0.0056
Result Accepted

2. Ordinary Resolution 2

Description 
To approve the payment of Directors' Fees payable to the Directors of the Company on quarterly basis in arrears after each quarter of completed service of the Directors up to an aggregate of RM430,000 from 1 January 2020 until the conclusion of the next AGM of the Company in year 2021.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 23 5
No. of Shares 12,736,100 5,082,200
% of Voted Shares 71.4776 28.5224
Result Accepted

3. Ordinary Resolution 3

Description 
To re-elect Mr Pang Kim Hin who is retiring in accordance with Clause 95 of the Constitution of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 34 2
No. of Shares 269,656,000 7,000
% of Voted Shares 99.9974 0.0026
Result Accepted

4. Ordinary Resolution 4

Description 
To re-elect Ms Goh Poh Teng who is retiring in accordance with Clause 95 of the Constitution of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 34 2
No. of Shares 269,656,000 7,000
% of Voted Shares 99.9974 0.0026
Result Accepted

5. Ordinary Resolution 5

Description 
To re-elect Mr Hew Moh Yung who is retiring in accordance with Clause 101 of the Constitution of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 35 1
No. of Shares 269,660,000 3,000
% of Voted Shares 99.9989 0.0011
Result Accepted

6. Ordinary Resolution 6

Description 
To re-elect Mr Pang Fu Wei who is retiring in accordance with Clause 101 of the Constitution of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 35 1
No. of Shares 269,660,000 3,000
% of Voted Shares 99.9989 0.0011
Result Accepted

7. Ordinary Resolution 7

Description 
To re-appoint Messrs. Deloitte 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 36 0
No. of Shares 269,663,000 0
% of Voted Shares 100.0000 0.0000
Result Accepted

8. Ordinary Resolution 8

Description 
Proposed Authority to Allot and Issue Shares pursuant to Section 76 of the Companies Act 2016.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 29 8
No. of Shares 253,747,700 15,921,300
% of Voted Shares 94.0960 5.9040
Result Accepted

9. Ordinary Resolution 9

Description 
Proposed Shareholders' Ratification for Recurrent Related Party Transactions of a Revenue or Trading Nature and Proposed Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 30 4
No. of Shares 16,654,100 5,134,200
% of Voted Shares 76.4360 23.5640
Result Accepted

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