[CNH] General on 11-May-2021

Stock
[CNH]: CITRA NUSA HOLDINGS BERHAD
Announcement Date
15-Apr-2021
Type
General
Date & Time
11-May-2021 11:00
Depositor Date
03-May-2021
Venue
Broadcast Venue: Diamond Hall, First Floor, Wisma CNI No. 2 Jalan Perunding U1/17, Hicom-Glenmarie Industrial Park, Seksyen U1 40150 Shah Alam, Selangor
Description
CNI Holdings Berhad - Notice of the Thirty-Second (32nd) Annual General Meeting ("AGM") The 32nd AGM will be conducted fully virtual at the Broadcast Venue via Remote Participation and Voting (RPV) facility
Notice for Shareholders.pdf
Outcome

The Board of Directors of CNI Holdings Berhad (the “Company") wishes to announce that all the resolutions as set out in the Notice of the 32nd Annual General Meeting ("AGM")dated 16 April2021were duly passed by the shareholders of the Company at the32nd AGMheld on 11 May 2021.

The Audited Financial Statements of the Company for the financial year ended 31 December 2020and the Reports of the Directors and Auditors thereon were received and duly tabled at the 32nd AGM under Agenda 1.

All the resolutions were voted by pollin accordance with Paragraph 8.29A of the Main Market Listing Requirements ofBursa Malaysia Securities Berhad. The results of the poll were validated by Foo, Lee, An & Associates, the independent scrutineers appointed by the Company.

Detailed results of the poll in respect of the Ordinary Resolution 6 – To retain Mr. Lim Lean Eng as an Independent Non-Executive Director of the Company is as follows:

Tier 1

Voted

For

Against

No. of Shareholders

1

0

No. of Shares

363,526,123

0

% of Voted Shares

100

0

Result

Accepted

Tier 2

Voted

For

Against

No. of Shareholders

87

21

No. of Shares

39,820,719

27,605

% of Voted Shares

99.9307

0.0693

Result

Accepted

Please refer to the attachment for the detailed poll results.

This announcement is dated 11 May 2021.

Voting Results

1. Ordinary Resolution 1

Description 
To re-elect Mr. Koh How Loon who retires by rotation in accordance with Articles 110 and 111 of the Company's Constitution and who being eligible offer himself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 88 21
No. of Shares 403,346,842 27,605
% of Voted Shares 99.9932 0.0068
Result Accepted

2. Ordinary Resolution 2

Description 
To re-elect Mr. Yee Kee Bing who retires by rotation in accordance with Articles 110 and 111 of the Company's Constitution and who being eligible offer himself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 88 21
No. of Shares 403,346,842 27,605
% of Voted Shares 99.9932 0.0068
Result Accepted

3. Ordinary Resolution 3

Description 
To approve the payment of Directors fee amounting to RM299,700 for the Non-Executive Directors in respect of the financial year ended 31 December 2020.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 78 27
No. of Shares 398,302,360 33,707
% of Voted Shares 99.9915 0.0085
Result Accepted

4. Ordinary Resolution 4

Description 
To approve the payment of benefits payable to the Non-Executive Directors up to an amount of RM50,000 from 12 May 2021 until the next AGM of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 77 29
No. of Shares 398,305,940 34,827
% of Voted Shares 99.9913 0.0087
Result Accepted

5. Ordinary Resolution 5

Description 
To re-appoint Moore Stephens Associates PLT as Auditors of the Company and to authorise the Directors to determine their remuneration.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 88 21
No. of Shares 403,346,842 27,605
% of Voted Shares 99.9932 0.0068
Result Accepted

6. Ordinary Resolution 6

Description 
To  retain Mr. Lim Lean Eng as an Independent Non-Executive Director of the Company
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 1 0
No. of Shares 363,526,123 0
% of Voted Shares 100.0000 0.0000
Result Accepted

7. Ordinary Resolution 7

Description 
To retain Dr. Ch'ng Huck Khoon as an Independent Non-Executive Director of the Company
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 88 21
No. of Shares 403,346,842 27,605
% of Voted Shares 99.9932 0.0068
Result Accepted

8. Ordinary Resolution 8

Description 
To approve the authority for Directors to allot and issue shares pursuant to Sections 75 and 76 of the Companies Act 2016.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 82 25
No. of Shares 403,337,820 31,627
% of Voted Shares 99.9922 0.0078
Result Accepted

9. Ordinary Resolution 9

Description 
To approve the Proposed Renewal of 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 75 22
No. of Shares 15,678,963 27,607
% of Voted Shares 99.8242 0.1758
Result Accepted

10. Ordinary Resolution 10

Description 
To approve the Proposed Renewal of Shares Buy-Back Authority.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 88 21
No. of Shares 403,366,840 7,607
% of Voted Shares 99.9981 0.0019
Result Accepted

11. Special Resolution

Description 
To approve the Proposed Change of Name of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 85 23
No. of Shares 403,358,440 11,307
% of Voted Shares 99.9972 0.0028
Result Accepted

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