[KMLOONG] AGM on 25-Jul-2017

Stock
[KMLOONG]: KIM LOONG RESOURCES BHD
Announcement Date
29-May-2017
Type
AGM
Date & Time
25-Jul-2017 10:30
Depositor Date
18-Jul-2017
Venue
Diamond 3, Level 10, Holiday Villa Johor Bahru City Centre, No. 260, Jalan Dato Sulaiman, Taman Abad, 80250 Johor Bahru, Johor Darul Takzim.
Description
NOTICE OF FORTY-SECOND ANNUAL GENERAL MEETING
KLRB-Notice of 42nd AGM.pdf
Outcome

The Board of Directors of Kim Loong Resources Berhad ("KLRB") wishes to announce that at the Forty-second Annual General Meeting of KLRB duly convened and held this morning, all the resolutions as set out in the Notice of Annual General Meeting dated 30th May, 2017 were duly passed by the members present by way of poll.

The results of the poll which were validated byMessrs. SKW Associates, Chartered Accountants, the Independent Scrutineer appointed by the Company, are as set out below -

Vote For

Vote Against

No.

Ordinary Resolutions

No. of Shares

%

No. of Shares

%

1

Adoption of Directors Report and the Audited Financial Statements for the financial year ended 31 January 2017 together with the Auditors Report thereon.

208,606,025

100

0

0

2

Declaration of a final single tier dividend of 8 sen per share in respect of the financial year ended 31 January 2017.

208,606,025

100

0

0

3

Approval of payment of Directors fees totalling RM264,000 for the financial year ended 31 January 2017.

208,606,025

100

0

0

4

Approval of payment ofDirectors meeting allowance of RM500 per meeting day for each Director from 1 February 2017 until the next annual general meeting of the Company.

208,606,025

100

0

0

5

Re-election of Mr. Gooi Seong Heen as a Directorpursuant to Article 77 of the Articles of Association (Constitution) of the Company.

208,606,025

100

0

0

6

Re-election of Mr. Gan Kim Guan as a Directorpursuant to Article 77 of the Articles of Association (Constitution)of the Company.

208,605,925

100

100

negligible

7

Re-election of Mr. Chan Weng Hoong as a Directorpursuant to Article 77 of the Articles of Association (Constitution) of the Company.

208,606,025

100

0

0

8

Re-appointment of M/s. Ernst & Young as Auditors of the Company and to authorise the Directors to fix their remuneration.

208,606,025

100

0

0

9

Authority to allot and issue shares not exceeding 10% of the total number of issued shares of the Company.

208,605,925

100

0

0

10

Proposed Renewal of Authority for Share Buy-Back

208,606,025

100

0

0

11

Retention of Independent Non-Executive Director: Mr. Gan Kim Guan.

208,605,925

100

100

negligible
12 Proposed Renewal of Shareholders Mandate for Recurrent Related Party Transactions of a Revenue of Trading Nature. 8,775,931 100 0 0

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