The Board of Directors of Muda Holdings Berhad ("the Company") wishes to annouce that all the resolutions set out in the Notice of Forty-Ninth Annual General Meeting dated 25 June 2020 have been approved by the shareholders on Wednesday, 12 August 2020.
All the resolutions were voted by poll and the results of the poll were validated by GovernAce Advisory & Solutions Sdn Bhd, the Independent Scrutineer appointed by the Company.
The details of the poll results for Resolution 10 are as follows:
Resolution |
Description |
Shareholders Action |
Voted |
Results |
|||
Voted |
No. of Shareholders |
No. of Shares |
% of Voted Shares |
||||
Ordinary Resolution 10 |
To retain Datuk Nik Ibrahim Bin Nik Abdullah as an Independent Non-Executive Director. |
For Voting (Tier 1) |
For |
7 |
118,635,513 |
100.0000 |
Accepted |
Against |
0 |
0 |
0.0000 |
||||
For Voting (Tier 2) |
For |
111 |
81,231,520 |
99.9711 |
|||
Against |
18 |
23,465 |
0.0289 |
This annoucement is dated 12 August 2020.
Voting Results |
||
1. Ordinary Resolution 1 |
||
Description |
To approve the payment of a First and Final Single Tier Dividend of 4.0 sen per share for the financial year ended 31 December 2019. |
|
Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 132 | 4 |
No. of Shares | 199,888,509 | 1,989 |
% of Voted Shares | 99.9990 | 0.0010 |
Result | Accepted | |
2. Ordinary Resolution 2 |
||
Description |
To approve the payment of Directors' fees of RM370,000.00 to Directors of the Company in respect of financial year ended 31 December 2019. |
|
Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 107 | 29 |
No. of Shares | 199,850,310 | 40,188 |
% of Voted Shares | 99.9799 | 0.0201 |
Result | Accepted | |
3. Ordinary Resolution 3 |
||
Description |
To approve the payment of Directors' remuneration and benefits to Non-Executive Directors of up to an amount of RM1,450,000.00 from this Annual General Meeting until the next Annual General Meeting of the Company. |
|
Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 105 | 31 |
No. of Shares | 199,849,300 | 41,198 |
% of Voted Shares | 99.9794 | 0.0206 |
Result | Accepted | |
4. Ordinary Resolution 4 |
||
Description |
To re-elect Tan Sri Lim Guan Teik who retires in accordance with Article 81 of the Company's Constitution. |
|
Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 119 | 17 |
No. of Shares | 199,565,252 | 325,246 |
% of Voted Shares | 99.8373 | 0.1627 |
Result | Accepted | |
5. Ordinary Resolution 5 |
||
Description |
To re-elect Datuk Nik Ibrahim Bin Nik Abdullah who retires in accordance with Article 81 of the Company's Constitution. |
|
Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 118 | 18 |
No. of Shares | 199,867,152 | 23,346 |
% of Voted Shares | 99.9883 | 0.0117 |
Result | Accepted | |
6. Ordinary Resolution 6 |
||
Description |
To re-elect Ms Lim Siew Ling who retires in accordance with Article 85 of the Company's Constitution. |
|
Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 119 | 17 |
No. of Shares | 199,564,853 | 325,645 |
% of Voted Shares | 99.8371 | 0.1629 |
Result | Accepted | |
7. Ordinary Resolution 7 |
||
Description |
To re-elect Ms Lim Yen Wee who retires in accordance with Article 85 of the Company's Constitution. |
|
Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 118 | 18 |
No. of Shares | 199,564,653 | 325,845 |
% of Voted Shares | 99.8370 | 0.1630 |
Result | Accepted | |
8. Ordinary Resolution 8 |
||
Description |
To re-appoint Messrs Grant Thornton Malaysia PLT as Auditors of the Company until the conclusion of the next Annual General Meeting and to authorise the Directors to fix their remuneration. |
|
Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 124 | 11 |
No. of Shares | 199,883,103 | 3,395 |
% of Voted Shares | 99.9983 | 0.0017 |
Result | Accepted | |
9. Ordinary Resolution 9 |
||
Description |
Authority to issue shares pursuant to Section 75 and 76 of the Companies Act, 2016 |
|
Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 119 | 17 |
No. of Shares | 199,873,880 | 16,618 |
% of Voted Shares | 99.9917 | 0.0083 |
Result | Accepted | |
10. Ordinary Resolution 10 |
||
Description |
To retain Datuk Nik Ibrahim Bin Nik Abdullah as an Independent Non-Executive Director. |
|
Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 118 | 18 |
No. of Shares | 199,867,033 | 23,465 |
% of Voted Shares | 99.9883 | 0.0117 |
Result | Accepted | |