[SAUDEE] AGM on 20-Dec-2019

Stock
[SAUDEE]: SAUDEE GROUP BERHAD
Announcement Date
20-Nov-2019
Type
AGM
Date & Time
20-Dec-2019 09:00
Depositor Date
13-Dec-2019
Venue
Mahkota 4 Hall, Sungai Petani Inn, 427 Jalan Kolam Air, 08000 Sungai Petani, Kedah
Description
Notice of Eleventh Annual General Meeting
Notice of AGM.pdf
Outcome

Saudee Group Berhad ("Saudee" or “the Company”) is pleased to announce that all resolutions set out in the Notice of 11th Annual General Meeting dated 21 November 2019 were duly passed by the shareholders of Saudee by way of poll voting.

The results of the poll which were validated by Moore Stephens Associates PLT, the Independent Scrutineer appointed by Saudee, are set out below.

This announcement is dated 20 December 2019.

Voting Results

1. Ordinary Resolution 1

Description 
To re-elect Mr. Khoo Lay Tatt as Director of the Company
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 18 0
No. of Shares 75,417,455 0
% of Voted Shares 100.0000 0.0000
Result Accepted

2. Ordinary Resolution 2

Description 
To re-elect Madam Low Ai Choo as Director of the Company
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 17 1
No. of Shares 75,417,455 100
% of Voted Shares 99.9990 0.0001
Result Accepted

3. Ordinary Resolution 3

Description 
To re-appoint Messrs Grant Thornton as Auditors of the Company and to authorize the Directors to fix their remuneration
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 18 0
No. of Shares 75,417,455 0
% of Voted Shares 100.0000 0.0000
Result Accepted

4. Ordinary Resolution 4

Description 
To approve the payment of Directors fees of not exceeding RM250,000.00 for the financial year ending 31 July 2020
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 10 1
No. of Shares 35,650,943 100
% of Voted Shares 99.9997 0.0001
Result Accepted

5. Ordinary Resolution 5

Description 
To approve the payment of Directors benefit (excluding Directors fees) of not exceeding RM36,000.00 from 21 December 2019 until the next Annual General Meeting of the Company
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 11 0
No. of Shares 35,651,043 0
% of Voted Shares 100.0000 0.0000
Result Accepted

6. Ordinary Resolution 6

Description 
Authority under Sections 75 and 76 of the Companies Act, 2016 for the Directors to issue shares
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 18 0
No. of Shares 75,417,455 0
% of Voted Shares 100.0000 0.0000
Result Accepted

7. Ordinary Resolution 7

Description 
Proposed Renewal of Share Buy-Back Authority
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 18 0
No. of Shares 75,417,455 0
% of Voted Shares 100.0000 0.0000
Result Accepted

8. Ordinary Resolution 8

Description 
Continuation in office as an Independent Non-Executive Director  Sim Yee Fuan
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 16 1
No. of Shares 75,407,355 100
% of Voted Shares 99.9999 0.0001
Result Accepted

9. Ordinary Resolution 9

Description 
Continuation in office as an Independent Non-Executive Director  Ustaz Abdul Hamid Bin Sulaiman
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 17 1
No. of Shares 75,417,355 100
% of Voted Shares 99.9999 0.0001
Result Accepted

10. Ordinary Resolution 10

Description 
Proposed Shareholders Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 11 0
No. of Shares 15,221,500 0
% of Voted Shares 100.0000 0.0000
Result Accepted

11. Special Resolution 1

Description 
Proposed Adoption of New Constitution
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 17 0
No. of Shares 75,402,455 0
% of Voted Shares 100.0000 0.0000
Result Accepted

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