[BJASSET] General on 03-Dec-2020

Stock
[BJASSET]: BERJAYA ASSETS BERHAD
Announcement Date
27-Oct-2020
Type
General
Date & Time
03-Dec-2020 10:00
Depositor Date
26-Nov-2020
Venue
Broadcast Venue : Manhattan V, Level 14, Berjaya Times Square Hotel Kuala Lumpur, No. 1 Jalan Imbi 55100 Kuala Lumpur
Description
Notice of Sixtieth Annual General Meeting ("60th AGM") of Berjaya Assets Berhad. The 60th AGM will be conducted on a fully virtual basis and entirely via Remote Participation and Voting facilities.
Berjaya Assets Berhad- Notice of AGM and Administrative Guide.pdf
Outcome

The Board of Directors of Berjaya Assets Berhad ("the Company") is pleased to announce that ALL the resolutions tabled at the Company's Sixtieth Annual General Meeting ("AGM") held on 3 December 2020 were duly passed by poll.

The results of the poll is set out below.

The Board of Directors is also pleased to announce that the poll result has been duly verified by the Independent Scrutineer, namely Commercial Quest Sdn Bhd.

Voting Results

1. Ordinary Resolution 1

Description 
To approve the payment of Directors' fees amounting to RM205,808.22 to the Non-Executive Directors of the Company for the financial year ended 30 June 2020.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 236 28
No. of Shares 2,154,340,763 165,385
% of Voted Shares 99.9923 0.0077
Result Accepted

2. Ordinary Resolution 2

Description 
To approve the payment of Directors' remuneration (excluding Directors' fees) to the Non-Executive Directors of the Company up to an amount of RM577,000.00 for the period from 4 December 2020 until the next Annual General Meeting of the Company to be held in 2021.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 234 31
No. of Shares 2,154,206,153 316,185
% of Voted Shares 99.9853 0.0147
Result Accepted

3. Ordinary Resolution 3

Description 
To re-elect YAM Tunku Tun Aminah Binti Sultan Ibrahim Ismail who retires pursuant to Clause 117 of the Company's Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 242 28
No. of Shares 2,148,724,973 5,833,765
% of Voted Shares 99.7292 0.2708
Result Accepted

4. Ordinary Resolution 4

Description 
To re-elect Heng Kiah Choong who retires pursuant to Clause 117 of the Company's Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 253 18
No. of Shares 2,154,424,369 134,569
% of Voted Shares 99.9938 0.0062
Result Accepted

5. Ordinary Resolution 5

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 261 10
No. of Shares 2,154,555,771 3,167
% of Voted Shares 99.9999 0.0001
Result Accepted

6. Ordinary Resolution 6

Description 
To approve the authority to issue and allot shares pursuant to Sections 75 and 76 of the Companies Act 2016.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 250 20
No. of Shares 2,154,540,155 10,783
% of Voted Shares 99.9995 0.0005
Result Accepted

7. Ordinary Resolution 7

Description 
To approve the proposed renewal of and new shareholders' mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature with Persons Connected with Tan Sri Dato' Seri Vincent Tan Chee Yioun.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 197 19
No. of Shares 541,051,831 11,383
% of Voted Shares 99.9979 0.0021
Result Accepted

8. Ordinary Resolution 8

Description 
To approve the proposed renewal of and new shareholders' mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature with Persons Connected with Tan Sri Dato' Seri Vincent Tan Chee Yioun and companies in which DYMM Sultan Ibrahim Johor is a Major Shareholder.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 195 20
No. of Shares 225,151,631 11,583
% of Voted Shares 99.9949 0.0051
Result Accepted

9. Ordinary Resolution 9

Description 
To approve the proposed renewal of authority for the Company to purchase its own shares.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 260 11
No. of Shares 2,154,554,071 4,867
% of Voted Shares 99.9998 0.0002
Result Accepted

10. Ordinary Resolution 10

Description 
To approve the proposed retention of Datuk Robert Yong Kuen Loke as an Independent Non-Executive Director.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 252 19
No. of Shares 2,154,424,169 134,769
% of Voted Shares 99.9937 0.0063
Result Accepted

11. Ordinary Resolution 11

Description 
To approve the proposed retention of Heng Kiah Choong as an Independent Non-Executive Director.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 252 19
No. of Shares 2,154,424,169 134,769
% of Voted Shares 99.9937 0.0063
Result Accepted

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