The Board of Directors of Cahya Mata Sarawak Berhad ("the Company") wishes to announce that all the resolutions set out in the Notice of 45thAnnual General Meeting ("AGM") dated 19 May 2020which were tabled at the 45thAGM of the Company held today, 18 June 2020 were duly passed at the said AGM.
All the resolutions were voted by poll via the remote participation and voting facilities (Boardroom Smart Investor Portal at https://web.lumiagm.com/) in accordance with Article 89 of the Company's Constitution and Paragraph 8.29A of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad. The results of the poll were validated by Malaysian Issuing House Sdn Bhd,the Independent Scrutineer appointed by the Company.
Please refer to the attachment for the poll results.
This announcement is dated 18 June 2020.
Voting Results |
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1. Ordinary Resolution 1 |
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Description |
To declare a first and final tax exempt (single-tier) dividend of 3.0 sen per ordinary share in respect of the financial year ended 31 December 2019. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 167 | 1 |
No. of Shares | 690,146,611 | 100 |
% of Voted Shares | 99.9999 | 0.0001 |
Result | Accepted | |
2. Ordinary Resolution 2 |
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Description |
To re-elect the Director, Y Bhg Dato Sri Mahmud Abu Bekir Taib, who retires pursuant to Article 111 of the Companys Constitution. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 145 | 16 |
No. of Shares | 662,141,710 | 15,993,901 |
% of Voted Shares | 97.6415 | 2.3585 |
Result | Accepted | |
3. Ordinary Resolution 3 |
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Description |
To re-elect the Director, Y Bhg Datuk Seri Yam Kong Choy, who retires pursuant to Article 111 of the Companys Constitution. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 163 | 4 |
No. of Shares | 688,815,711 | 1,271,000 |
% of Voted Shares | 99.8158 | 0.1842 |
Result | Accepted | |
4. Ordinary Resolution 4 |
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Description |
To re-elect the Director, Y Bhg Dato Isaac Lugun, who retires pursuant to Article 113 of the Companys Constitution. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 151 | 12 |
No. of Shares | 679,612,010 | 3,680,701 |
% of Voted Shares | 99.4613 | 0.5387 |
Result | Accepted | |
5. Ordinary Resolution 5 |
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Description |
To re-elect the Director, Y Bhg Datuk Ir Kamarudin bin Zakaria, who retires pursuant to Article 113 of the Companys Constitution. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 160 | 7 |
No. of Shares | 688,181,310 | 1,951,501 |
% of Voted Shares | 99.7172 | 0.2828 |
Result | Accepted | |
6. Ordinary Resolution 6 |
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Description |
To approve the payment of Directors' fees amounting to RM150,000 per annum for the Non-Executive Chairman, RM150,000 per annum for the Non-Executive Deputy Chairman and RM100,000 per annum for each of the Non-Executive Directors for the financial year ended 31 December 2019. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 161 | 3 |
No. of Shares | 688,867,111 | 5,700 |
% of Voted Shares | 99.9992 | 0.0008 |
Result | Accepted | |
7. Ordinary Resolution 7 |
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Description |
To approve the payment of Directors' remuneration (excluding Directors' fees) to the Non-Executive Directors up to an amount of RM5,500,000 from the date of the forthcoming Annual General Meeting ("AGM") to the next AGM of the Company. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 157 | 6 |
No. of Shares | 592,210,511 | 96,662,000 |
% of Voted Shares | 85.9681 | 14.0319 |
Result | Accepted | |
8. Ordinary Resolution 8 |
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Description |
To re-appoint Messrs Ernst & Young PLT as Auditors of the Company for the financial year ending 31 December 2020 and to authorise the Directors to fix their remuneration. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 153 | 11 |
No. of Shares | 679,535,310 | 4,007,401 |
% of Voted Shares | 99.4137 | 0.5863 |
Result | Accepted | |
9. Ordinary Resolution 9 |
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Description |
Authority to Allot and Issue Shares Pursuant to Section 76 of the Companies Act 2016 |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 153 | 14 |
No. of Shares | 571,303,411 | 22,200,600 |
% of Voted Shares | 96.2594 | 3.7406 |
Result | Accepted | |
10. Ordinary Resolution 10 |
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Description |
Proposed Renewal of Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature and New Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature ("Proposed Shareholders Mandate for RRPT") |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 161 | 3 |
No. of Shares | 553,363,605 | 100,700 |
% of Voted Shares | 99.9818 | 0.0182 |
Result | Accepted | |
11. Ordinary Resolution 11 |
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Description |
Proposed Renewal of Shareholders' Mandate in respect of the Authority for Purchase by the Company of its Own Shares ("Proposed Shareholders Mandate for Share Buy-Back") |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 166 | 2 |
No. of Shares | 690,046,611 | 100,100 |
% of Voted Shares | 99.9855 | 0.0145 |
Result | Accepted | |