The Board of Directors of MISC Berhad ("the Company”) wishes to announce that Ordinary Resolutions 1 to 6 as set out in the Notice of 51st Annual General Meeting (“51st AGM”) dated 27 March 2020 and tabled at the 51st AGM of the Company held today, 26 June 2020 were duly passed. Ordinary Resolution 7 as set out in the Notice of Additional Resolution dated 10 June 2020 was withdrawn pursuant to the Company’s announcement to Bursa Malaysia Securities Berhad on 18 June 2020.
The Audited Financial Statements of the Company for the financial year ended 31 December 2019 together with the Reports of the Directors and Auditors thereon were received and duly tabled at the 51st AGM under Agenda 1.
Ordinary Resolutions 1 to 6 were voted on by poll via Remote Participation and Electronic Voting facilities at https://web.lumiagm.com/ in accordance with Paragraph 8.29A of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad. The 51st AGM was conducted fully virtual at the Broadcast Venue.
The poll results were verified by the appointed Independent Scrutineers, Boardroom Corporate Services Sdn. Bhd. as per the attachment and are set out below.
This announcement is dated 26 June 2020.
Voting Results |
||
1. Ordinary Resolution 1 |
||
Description |
To re-elect Dato' Sekhar Krishnan as Director, who retires by rotation pursuant to Rule 21.8 of the Company's Constitution and, being eligible, offers himself for re-election. |
|
Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 714 | 49 |
No. of Shares | 3,891,633,478 | 4,756,762 |
% of Voted Shares | 99.8779 | 0.1221 |
Result | Accepted | |
2. Ordinary Resolution 2 |
||
Description |
To re-elect Liza Mustapha as Director, who retires by rotation pursuant to Rule 21.8 of the Company's Constitution and, being eligible, offers herself for re-election. |
|
Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 581 | 186 |
No. of Shares | 3,810,973,048 | 84,993,992 |
% of Voted Shares | 97.8184 | 2.1816 |
Result | Accepted | |
3. Ordinary Resolution 3 |
||
Description |
To re-elect Mohd Yusri Mohamed Yusof as Director, who retires by rotation pursuant to Rule 21.8 of the Company's Constitution and, being eligible, offers himself for re-election. |
|
Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 617 | 150 |
No. of Shares | 3,832,317,272 | 63,650,768 |
% of Voted Shares | 98.3662 | 1.6338 |
Result | Accepted | |
4. Ordinary Resolution 4 |
||
Description |
To approve the payment of Directors' fees (inclusive of benefits-in-kind) up to an amount of RM2,140,000.00 from 27 June 2020 until the conclusion of the next Annual General Meeting of the Company. |
|
Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 722 | 40 |
No. of Shares | 3,884,013,788 | 12,598,052 |
% of Voted Shares | 99.6767 | 0.3233 |
Result | Accepted | |
5. Ordinary Resolution 5 |
||
Description |
To re-appoint Ernst & Young PLT as Auditors of the Company for the ensuing year and to authorise the Directors to fix their remuneration. |
|
Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 745 | 19 |
No. of Shares | 3,895,947,631 | 681,209 |
% of Voted Shares | 99.9825 | 0.0175 |
Result | Accepted | |
6. Ordinary Resolution 6 |
||
Description |
Proposed renewal of authority for MISC to purchase its own shares of up to 10% of its prevailing total number of issued shares at any time ("Proposed Share Buy-Back Renewal") |
|
Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 745 | 18 |
No. of Shares | 3,896,336,210 | 278,130 |
% of Voted Shares | 99.9929 | 0.0071 |
Result | Accepted | |
7. Ordinary Resolution 7 |
||
Description |
To re-elect Tan Sri Noh Haji Omar as Director, who retires pursuant to Rule 21.7 of the Company's Constitution and, being eligible, offers himself for re-election. |
|
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 | |
2024-03-27
2024-03-27
2024-03-27
2024-03-26
2024-03-26
2024-03-25