[DUTALND] General on 05-Nov-2020

Stock
[DUTALND]: DUTALAND BHD
Announcement Date
06-Oct-2020
Type
General
Date & Time
05-Nov-2020 11:00
Depositor Date
28-Oct-2020
Venue
Broadcast venue at Board Room, Level 23, Menara Olympia, No. 8, Jalan Raja Chulan, 50200 Kuala Lumpur.
Description
Notice of 53rd Annual General Meeting ("AGM") to be conducted as a fully virtual meeting through live streaming from the broadcast venue
DutaLand 2020 AGM Notice.pdf
Outcome

The Board of DutaLand Berhad wishes to announce that all the proposed resolutions as set out in the Notice of 53rd Annual General Meeting ("AGM") of the Company dated 7 October 2020 had been duly passed by the shareholders by way of poll at the AGM held today (except for resolutionsnumbered 6 and 10 which were withdrawn and accordinglynot put forward for voting as Mr Cheong Wong Sang, an Independent Director, had decided not to seek forre-election and therefore retired at the conculsion of the AGM).

The poll results have been validated by Coopers Professional Scrutineers Sdn Bhd, the independent scrutineer appointed by the Company, as enclosed herewith.

This announcement is dated 5 November 2020.

Voting Results

1. Ordinary Resolution 1

Description 
To approve and declare a first and final single-tier dividend of 1 sen per ordinary share for the financial year ended 30 June 2020.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 173 8
No. of Shares 533,666,361 12,149
% of Voted Shares 99.9977 0.0023
Result Accepted

2. Ordinary Resolution 2

Description 
To approve the payment of Directors' fees of RM240,000, to Non-Executive Directors, for the financial year ended 30 June 2020.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 153 24
No. of Shares 532,623,807 25,746
% of Voted Shares 99.9952 0.0048
Result Accepted

3. Ordinary Resolution 3

Description 
To approve the payment of meeting allowance of up to RM80,000, to Non-Executive Directors, for the period from the Fifty-Third AGM until the next AGM of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 151 27
No. of Shares 532,580,690 69,113
% of Voted Shares 99.9870 0.0130
Result Accepted

4. Ordinary Resolution 4

Description 
To re-elect Tan Sri Dato' Yap Yong Seong who retires by rotation pursuant to Clause 101(1) of the Constitution of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 165 14
No. of Shares 532,591,508 58,545
% of Voted Shares 99.9890 0.0110
Result Accepted

5. Ordinary Resolution 5

Description 
To re-elect Dato' Abdul Majit bin Ahmad Khan who retires by rotation pursuant to Clause 101(1) of the Constitution of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 164 15
No. of Shares 532,359,441 290,612
% of Voted Shares 99.9454 0.0546
Result Accepted

6. Ordinary Resolution 6

Description 
To re-elect Mr Cheong Wong Sang who retires by rotation pursuant to Clause 101(1) of the Constitution of the Company.
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

7. Ordinary Resolution 7

Description 
To re-appoint Messrs Ernst & Young PLT as Auditors of the Company until the conclusion of the next AGM and to authorise the Directors to fix their remuneration.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 169 11
No. of Shares 533,665,965 12,445
% of Voted Shares 99.9977 0.0023
Result Accepted

8. Ordinary Resolution 8

Description 
To approve the proposed retention of Y.A.M. Tengku Datuk Seri Ahmad Shah Ibni Almarhum Sultan Salahuddin Abdul Aziz Shah as an Independent Director.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 166 14
No. of Shares 532,591,565 58,545
% of Voted Shares 99.9890 0.0110
Result Accepted

9. Ordinary Resolution 9

Description 
To approve the proposed retention of Dato Hazli bin Ibrahim as an Independent Director.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 164 15
No. of Shares 532,359,441 290,612
% of Voted Shares 99.9454 0.0546
Result Accepted

10. Ordinary Resolution 10

Description 
To approve the proposed retention of Mr Cheong Wong Sang as an Independent Director.
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

11. Ordinary Resolution 11

Description 
To authorise the Directors 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 162 19
No. of Shares 531,818,565 1,859,945
% of Voted Shares 99.6515 0.3485
Result Accepted

12. Ordinary Resolution 12

Description 
To approve the proposed renewal of shareholders' mandate for recurrent related party transactions.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 153 18
No. of Shares 39,230,722 1,860,002
% of Voted Shares 95.4734 4.5266
Result Accepted

13. Ordinary Resolution 13

Description 
To approve the proposed renewal of shareholders' mandate for share buy-back.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 166 14
No. of Shares 533,661,065 17,345
% of Voted Shares 99.9967 0.0033
Result Accepted

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