The Board of Directors of HeveaBoard Berhad (“the Company”) is pleased to announce that all the resolutions as set out in the Notice of the Twenty-Sixth Annual General Meeting (“26th AGM”) dated 30 April 2020 were duly passed by the shareholders of the Company by way of poll via remote participation and online voting at the 26th AGM of the Company held on Wednesday, 10 June 2020 at 10.00 a.m.
The results of the poll were validated by Bina Management (M) Sdn. Bhd., the independent scrutineer appointed by the Company.
The voting reportis attached herewith.
This announcement is dated 10 June 2020.
Voting Results |
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1. Ordinary Resolution 1 |
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Description |
To approve a single-tier final dividend of 1.0 sen per ordinary share in respect of the financial year ended 31 December 2019. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 83 | 3 |
No. of Shares | 251,986,829 | 7,100,000 |
% of Voted Shares | 97.2600 | 2.7400 |
Result | Accepted | |
2. Ordinary Resolution 2 |
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Description |
To approve the payment of Directors fees amounting to RM879,570 per annum for the financial year ending 31 December 2020. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 73 | 8 |
No. of Shares | 245,108,733 | 7,336,900 |
% of Voted Shares | 97.0940 | 2.9060 |
Result | Accepted | |
3. Ordinary Resolution 3 |
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Description |
To re-election of Mr Lim Kah Poon as Director who retires pursuant to Clause 97 of the Companys Constitution, and being eligible, offered himself for re-election. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 79 | 7 |
No. of Shares | 251,849,929 | 7,236,900 |
% of Voted Shares | 97.2070 | 2.7930 |
Result | Accepted | |
4. Ordinary Resolution 4 |
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Description |
To re-election of Mr Bailey Policarpio as Director who retires pursuant to Clause 97 of the Companys Constitution, and being eligible, offered himself for re-election. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 79 | 7 |
No. of Shares | 251,849,929 | 7,236,900 |
% of Voted Shares | 97.2070 | 2.7930 |
Result | Accepted | |
5. Ordinary Resolution 5 |
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Description |
To re-election of Mr Thye Heng Ong @ Teh Heng Ong as Director who retires pursuant to Clause 97 of the Companys Constitution, and being eligible, offered himself for re-election. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 79 | 7 |
No. of Shares | 251,849,929 | 7,236,900 |
% of Voted Shares | 97.2070 | 2.7930 |
Result | Accepted | |
6. Ordinary Resolution 6 |
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Description |
To re-appoint Messrs Baker Tilly Monteiro Heng PLT as Auditors of the Company for the ensuing year and to authorise the Directors to fix their remuneration. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 81 | 5 |
No. of Shares | 251,984,229 | 7,102,600 |
% of Voted Shares | 97.2590 | 2.7410 |
Result | Accepted | |
7. Ordinary Resolution 7 |
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Description |
Renewal of authority for Directors to issue shares. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 79 | 7 |
No. of Shares | 251,953,829 | 7,133,000 |
% of Voted Shares | 97.2470 | 2.7530 |
Result | Accepted | |
8. Ordinary Resolution 8 |
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Description |
Proposed Renewal of Authority for Purchase of Own Shares by the Company. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 81 | 5 |
No. of Shares | 251,984,229 | 7,102,600 |
% of Voted Shares | 97.2590 | 2.7410 |
Result | Accepted | |
9. Ordinary Resolution 9 (Tier 1) |
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Description |
Retention of Mr Lim Kah Poon as Independent Non-Executive Director of the Company. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 11 | 0 |
No. of Shares | 186,522,705 | 0 |
% of Voted Shares | 100.0000 | 0.0000 |
Result | Accepted | |
10. Ordinary Resolution 9 (Tier 2) |
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Description |
Retention of Mr Lim Kah Poon as Independent Non-Executive Director of the Company. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 66 | 8 |
No. of Shares | 65,126,824 | 7,237,300 |
% of Voted Shares | 89.9990 | 10.0010 |
Result | Accepted | |