[MMCCORP] General on 10-May-2021

Stock
[MMCCORP]: MMC CORPORATION BHD
Announcement Date
08-Apr-2021
Type
General
Date & Time
10-May-2021 10:00
Depositor Date
03-May-2021
Venue
Training Room, Ground Floor, MMC Corporation Berhad, Wisma Budiman, Persiaran Raja Chulan, 50200 Kuala Lumpur,
Description
Notice of Forty-Fifth Annual General Meeting of MMC Corporation Berhad
MMC - Notice of 45th AGM.pdf
Outcome

The Board of Directors of MMC Corporation Berhad (“the Company”) wishes to announce that all resolutions as set out in the Notice of the Forty-Fifth Annual General Meeting ("45th AGM") of the Company dated9 April 2021were duly passed by the shareholders of the Company at the 45th AGM held today.

All the resolutions were voted by poll via remote participation and electronic voting and the results of the poll were validated by SKY Corporate Services SdnBhd, the independent scrutineers appointed by the Company.

Details of the poll voting results are set out in the table below.

This announcement is dated 10 May 2021.

Voting Results

1. Resolution 1

Description 
To approve the payment of Directors' fees up to an amount of RM1,690,000.00 to the Non-Executive Directors (NEDs) of the Company for the period from 11 May 2021 until the conclusion of the next Annual General Meeting (AGM).
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 393 171
No. of Shares 2,400,662,841 356,685
% of Voted Shares 99.9851 0.0149
Result Accepted

2. Resolution 2

Description 
To approve the benefits payable to the Directors of the Company up to an amount of RM1,670,000.00 for the period from 11 May 2021 until the conclusion of the next AGM.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 391 178
No. of Shares 2,398,337,043 2,083,920
% of Voted Shares 99.9132 0.0868
Result Accepted

3. Resolution 3

Description 
To re-elect Syed Naqiz Shahabuddin Syed Abdul Jabbar who retires in accordance with Article 18.3 of the Company's Constitution and who being eligible, offers himself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 429 139
No. of Shares 2,385,369,863 15,714,496
% of Voted Shares 99.3455 0.6545
Result Accepted

4. Resolution 4

Description 
To re-elect Sharifah Sofia Syed Mokhtar Shah who retires in accordance with Article 18.3 of the Company's Constitution and who being eligible, offers herself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 432 136
No. of Shares 2,383,733,114 17,351,343
% of Voted Shares 99.2774 0.7226
Result Accepted

5. Resolution 5

Description 
To re-elect Datuk Seri Tajuddin Atan who retires in accordance with Article 18.9 of the Company's Constitution and who being eligible, offers himself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 427 134
No. of Shares 2,383,466,299 17,609,648
% of Voted Shares 99.2666 0.7334
Result Accepted

6. Resolution 6

Description 
To re-appoint Messrs. PricewaterhouseCoopers PLT (PwC), having consented to act as Auditors of the Company, to hold office until the conclusion of the next AGM and to authorise the Board of Directors to determine their remuneration.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 462 101
No. of Shares 2,399,294,876 1,790,471
% of Voted Shares 99.9254 0.0746
Result Accepted

7. Resolution 7

Description 
To retain Datuk Ooi Teik Huat, who has served as an Independent Non-Executive Director of the Company for a cumulative term of more than nine (9) years, to continue to act as an Independent Non-Executive Director of the Company and to hold office until the conclusion of the next AGM of the Company in accordance with Practice 4.2 of the Malaysian Code on Corporate Governance 2017.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 405 155
No. of Shares 1,682,626,194 718,447,153
% of Voted Shares 70.0781 29.9219
Result Accepted

8. Resolution 8

Description 
To retain Dato' Abdul Hamid Sh Mohamed, who has served as an Independent Non-Executive Director of the Company for a cumulative term of more than nine (9) years, to continue to act as an Independent Non-Executive Director of the Company and to hold office until the conclusion of the next AGM of the Company in accordance with Practice 4.2 of the Malaysian Code on Corporate Governance 2017.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 430 132
No. of Shares 1,727,573,287 673,503,060
% of Voted Shares 71.9500 28.0500
Result Accepted

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