[CSCSTEL] General on 24-Jun-2020

Stock
[CSCSTEL]: CSC STEEL HOLDINGS BERHAD
Announcement Date
22-May-2020
Type
General
Date & Time
24-Jun-2020 10:00
Depositor Date
18-Jun-2020
Venue
Level 1 of the Company's Office Block 180 Kawasan Industri Ayer Keroh Ayer Keroh 75450 Melaka
Description
16th Annual General Meeting of the Company to be held on Wednesday, 24 June 2020. The full text of the Notice of CSC Steel Holdings Berhad's 16th Annual General Meeting is attached.
CHB-Notice of 16th Annual General Meeting.pdf
Outcome

The Board of Directors of CSC Steel HoldingsBerhad ("CHB" or the "Company") wishes to announce that all the resolutions set out in the Notice of Sixteenth AnnualGeneral Meeting ("16th AGM") dated27 May 2020 were duly passed at the Company's 16th AGMheldon 24June 2020.

The voting in respect of all the resolutions tabled was carried out by way of a poll, the results of which were validated by Asia SecuritiesSdn. Berhad,the Independent Scrutineers appointed for the purpose.The details of the poll results are set out below.

This announcement is dated24 June 2020.

Voting Results

1. Resolution 1

Description 
To approve a final single tier dividend of 6.6 sen per share in respect of the financial year ended 31 December 2019.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 46 1
No. of Shares 187,159,969 1,800
% of Voted Shares 99.9990 0.0010
Result Accepted

2. Resolution 2

Description 
To approve the payment of Directors' fees for an amount not exceeding RM 139,800 for the financial year ending 31 December 2020 as recommended by the Directors.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 45 1
No. of Shares 186,998,544 4,500
% of Voted Shares 99.9980 0.0020
Result Accepted

3. Resolution 3

Description 
To re-elect Mr. Phong Hon Wai as a Director who is to retire pursuant to Clause 77(2) 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 39 8
No. of Shares 186,311,685 850,084
% of Voted Shares 99.5460 0.4540
Result Accepted

4. Resolution 4

Description 
To re-elect Mr. Yin, Shou-Kang as a Director who is to retire pursuant to Clause 79 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 44 3
No. of Shares 186,936,802 224,967
% of Voted Shares 99.8800 0.1200
Result Accepted

5. Resolution 5

Description 
To re-elect Mr. Liu, Min-Hsiung as a Director who is to retire pursuant to Clause 79 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 10 37
No. of Shares 179,372,401 7,789,368
% of Voted Shares 95.8380 4.1620
Result Accepted

6. Resolution 6

Description 
To re-appoint Messrs. Deloitte PLT as Auditors of the Company for the financial year ending 31 December 2020 and to authorise the Board of Directors to determine their remuneration.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 44 3
No. of Shares 186,692,117 469,652
% of Voted Shares 99.7490 0.2510
Result Accepted

7. Resolution 7

Description 
To approve the proposed Renewal of Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 45 1
No. of Shares 16,157,269 4,500
% of Voted Shares 99.9720 0.0280
Result Accepted

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