The Board of Directors of Kluang Rubber Company (Malaya) Berhad is pleased to announce that all resolutions as set out in the Notice of the 58th Annual General Meeting ("AGM")of the Company dated27 October 2017and tabled at the said AGM, held today, havebeen duly passed. All the resolutions were votedby poll at the 58th AGM of the Company. The results of the poll were validated by Messrs. Deloitte, the Independent Scrutineers appointed by the Company.
- Ordinary Resolution 1 - Single tier First and Final tax exempt Dividendof 1.0% for the financial year ended 30 June 2017.
- Ordinary Resolution 2 -Director s fees and benefit up to the maximum amount of RM500,000 for the financial year ending 30 June 2018.
- Ordinary Resolution 3 -Re-election of MrLee Chung Shih as Director.
- Ordinary Resolution 4 -Re-election of MrTay Beng Chai as Director.
- Ordinary Resolution5 - Re-appointment of Messrs Ernst & Young as Auditors of the Company.
- Ordinary Resolution6 - Re-appointment of Mr Lee Soo Hoon as Director.
- Ordinary Resolution7 - Continuation of terms of office of Mr Lee Soo Hoon as Independent Director.
- Ordinary Resolution8 - Resolution pursuant to Section 76 of the Companies Act, 2016.
- Ordinary Resolution9 - Resolution pursuant to the Proposed Renewal of Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature.
- Ordinary Resolution 10-Resolution pursuant to the Proposed Renewal of Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature.
- Ordinary Resolution 11-Resolution pursuant to the Proposed Renewal of Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature.
- Ordinary Resolution 12-Adoption of the NewConstitution of the Company.
The details of theresultsare as per enclosure.