[GLOMAC] General on 27-Oct-2021

Stock
[GLOMAC]: GLOMAC BHD
Announcement Date
27-Sep-2021
Type
General
Date & Time
27-Oct-2021 11:00
Depositor Date
20-Oct-2021
Venue
To be deemed held where the Chairman of the Meeting is in Kuala Lumpur, Wilayah Persekutuan and on a fully virtual basis hosted on Securities Services e-Portal at https://sshsb.net.my/ provided by SS E Solutions Sdn. Bhd.
Description
Glomac Berhad ("Glomac" or "the Company") - Thirty-Seventh Annual General Meeting ("37th AGM") The 37th AGM of the Company will be held on a fully virtual basis via remote participation through live stream and online voting.
Glomac - Notice of 37th AGM.pdf
Outcome
The Board of Directors of Glomac Berhad ("the Company") is pleased to announce that the resolutions as set out in the Notice of Thirty-Seventh Annual General Meeting ("37th AGM") dated 28 September 2021, were duly passed by way of poll at the 37th AGM held on 27 October 2021. 

The results were validated by Commercial Quest Sdn. Bhd., the Independent Scrutineer appointed by the Company. 

This announcement is dated 27 October 2021.

Voting Results

1. Ordinary Resolution 1

Description 
To approve the payment of a single-tier final dividend of 1.0 sen per ordinary share for the  financial year ended 30 April 2021.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 188 12
No. of Shares 456,523,763 1,034
% of Voted Shares 99.9998 0.0002
Result Accepted

2. Ordinary Resolution 2

Description 
To approve the payment of Directors' fees of an amount of up to RM300,000.00 payable to the Directors from 28 October 2021 until the date of the next Annual General Meeting of the Company to be held in year 2022.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 165 32
No. of Shares 456,462,481 28,434
% of Voted Shares 99.9938 0.0062
Result Accepted

3. Ordinary Resolution 3

Description 
To approve the payment of Directors' benefits payable to the Directors of an amount of up to RM200,000.00 from 28 October 2021 until the date of the next Annual General Meeting of the Company to be held in year 2022.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 161 36
No. of Shares 456,460,504 30,411
% of Voted Shares 99.9933 0.0067
Result Accepted

4. Ordinary Resolution 4

Description 
To re-elect Datuk Seri Fateh Iskandar bin Tan Sri Dato' Mohamed Mansor, who is retiring in accordance with Clause 118 of the Company's Constitution, and being eligible, has offered himself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 170 28
No. of Shares 304,189,790 1,554,207
% of Voted Shares 99.4917 0.5083
Result Accepted

5. Ordinary Resolution 5

Description 
To re-elect Dato' Ikhwan Salim bin Dato' Haji Sujak, who is retiring in accordance with Clause 118 of the Company's Constitution, and being eligible, has offered himself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 162 37
No. of Shares 451,321,131 5,136,786
% of Voted Shares 98.8746 1.1254
Result Accepted

6. Ordinary Resolution 6

Description 
To re-appoint Messrs. Deloitte 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 182 18
No. of Shares 456,523,371 1,426
% of Voted Shares 99.9997 0.0003
Result Accepted

7. Ordinary Resolution 7

Description 
Retention of Dato' Ikhwan Salim bin Dato' Haji Sujak as an Independent Non-Executive Director
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 161 38
No. of Shares 451,312,331 5,145,586
% of Voted Shares 98.8727 1.1273
Result Accepted

8. Ordinary Resolution 8

Description 
Retention of Datuk Ali bin Abdul Kadir as an Independent Non-Executive Director
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 159 38
No. of Shares 451,322,451 5,145,586
% of Voted Shares 98.8727 1.1273
Result Accepted

9. Ordinary Resolution 9

Description 
Authority to issue shares pursuant to the Companies Act 2016
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 170 29
No. of Shares 456,173,021 307,776
% of Voted Shares 99.9326 0.0674
Result Accepted

10. Ordinary Resolution 10

Description 
Proposed Renewal of Existing Shareholders' Mandate for Existing Recurrent Related Party Transactions of a Revenue or Trading Nature
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 163 27
No. of Shares 10,089,299 20,576
% of Voted Shares 99.7965 0.2035
Result Accepted

11. Ordinary Resolution 11

Description 
Proposed Renewal of Share Buy-Back Authority
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 175 25
No. of Shares 456,507,083 17,714
% of Voted Shares 99.9961 0.0039
Result Accepted

Remark
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Market Buzz

2024-04-22

Insider

SHAPADU CAPITAL SDN. BHD. (a substantial shareholder) acquired 119,300 shares on 19-Apr-2024.

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