[BJCORP] General on 16-Dec-2020

Stock
[BJCORP]: BERJAYA CORPORATION BHD
Announcement Date
28-Oct-2020
Type
General
Date & Time
16-Dec-2020 10:00
Depositor Date
09-Dec-2020
Venue
Broadcast Venue: Manhattan V, Level 14 Berjaya Times Square Hotel Kuala Lumpur No. 1 Jalan Imbi, 55100 Kuala Lumpur
Description
Notice of Annual General Meeting ("AGM") of Berjaya Corporation Berhad. The AGM will be conducted on a fully virtual basis and entirely via Remote Participation and Voting facilities.
BCorp-Notice of AGM 2020 and Administrative Guide.pdf
Outcome

The Board of Directors of Berjaya Corporation Berhad ("the Company") is pleased to announce that all the resolutions tabled at the Company's Nineteenth Annual General Meeting ("19th AGM") held on 16 December 2020 were duly passed by poll except for Ordinary Resolution 3 which had been withdrawn.

Ordinary Resolution 3 in respect of the re-election of Chan Kien Sing as a Director of the Company was withdrawn as Chan Kien Sing had expressed his decision of not seeking re-election as a Director of the Company at the 19th AGM.

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

Voting Results

1. Ordinary Resolution 1

Description 
To approve the payment of Director's fees of RM7,500.00 per month to each Non-Executive Director of the Company for the period from 17 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 739 92
No. of Shares 2,708,452,346 3,792,786
% of Voted Shares 99.8602 0.1398
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 RM380,000.00 for the period from 17 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 727 104
No. of Shares 2,705,421,761 6,820,211
% of Voted Shares 99.7485 0.2515
Result Accepted

3. Ordinary Resolution 3

Description 
To re-elect Chan Kien Sing who retires pursuant to Clause 117 of the Company's Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 0 0
No. of Shares 0 0
% of Voted Shares 0.0000 0.0000
Result Withdrawn/ Postponed

4. Ordinary Resolution 4

Description 
To re-elect Dato' Sri Robin Tan Yeong Ching who retires pursuant to Clause 117 of the Company's Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 767 66
No. of Shares 2,680,645,418 29,301,547
% of Voted Shares 98.9187 1.0813
Result Accepted

5. Ordinary Resolution 5

Description 
To re-elect Datuk Robert Yong Kuen Loke who retires pursuant to Clause 117 of the Company's Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 772 62
No. of Shares 2,683,554,110 27,680,790
% of Voted Shares 98.9790 1.0210
Result Accepted

6. Ordinary Resolution 6

Description 
To re-appoint Messrs Ernst & Young 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 793 41
No. of Shares 2,709,084,835 3,255,287
% of Voted Shares 99.8800 0.1200
Result Accepted

7. Ordinary Resolution 7

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 784 49
No. of Shares 2,709,146,376 3,128,908
% of Voted Shares 99.8846 0.1154
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 of Trading Nature
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 733 45
No. of Shares 270,750,112 3,142,708
% of Voted Shares 98.8526 1.1474
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 802 31
No. of Shares 2,709,345,288 2,989,874
% of Voted Shares 99.8898 0.1102
Result Accepted

10. Ordinary Resolution 10

Description 
To approve the proposed retention of Datuk Robert Yong Kuen Loke as an Independent Non-Executive Director of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 771 61
No. of Shares 2,683,499,650 27,736,153
% of Voted Shares 98.9770 1.0230
Result Accepted

11. Ordinary Resolution 11

Description 
To approve the proposed retention of Dr Jayanthi Naidu G. Ganasamy as an Independent Non-Executive Director of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 765 60
No. of Shares 2,708,617,234 3,518,963
% of Voted Shares 99.8703 0.1297
Result Accepted

Remark
-
Market Buzz

2024-04-23

Forum

1 New Comment

Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment