[KIMLUN] General on 15-Sep-2020

Stock
[KIMLUN]: KIMLUN CORPORATION BERHAD
Announcement Date
14-Aug-2020
Type
General
Date & Time
15-Sep-2020 14:30
Depositor Date
08-Sep-2020
Venue
Broadcast Venue Tricor Leadership Room Unit 32-01, Level 32, Tower A, Vertical Business Suite, Avenue 3, Bangsar South, No. 8, Jalan Kerinchi, 59200 Kuala Lumpur
Description
Notice of the 11th Annual General Meeting The 11th Annual General Meeting of the Company will be conducted entirely through live streaming from the Broadcast Venue with Remote Participation and Voting Facilities.
KIMLUN Notice of 11th AGM.pdf
Outcome

The Board of Directors of Kimlun Corporation Berhad('KIMLUN') is pleased to announce that the resolutions set out in the Notice of the Eleventh Annual General Meeting ("11th AGM") dated 17 August2020were duly passed at the 11th AGM of KIMLUNheld on 15 September2020.

The voting on the resolutions was carried out by way of poll and the results were validated by Asia Securities Sdn Bhd, the independent scrutineer appointed by KIMLUN.

Details of the results of the poll onthe resolutions are set out below.

Voting Results

1. 1

Description 
To re-elect Pang Tin @ Pang Yon Tin, who retires pursuant to Clause 76(3) of the Company's Constitution, as Director of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 54 3
No. of Shares 197,076,653 1,432,200
% of Voted Shares 99.2785 0.7215
Result Accepted

2. 2

Description 
To re-elect Yam Tai Fong, who retires pursuant to Clause 76(3) of the Company's Constitution, as Director of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 56 1
No. of Shares 198,508,753 100
% of Voted Shares 99.9999 0.0001
Result Accepted

3. 3

Description 
To re-elect Kek Chin Wu, who retires pursuant to Clause 76(3) of the Company's Constitution, as Director of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 52 4
No. of Shares 193,489,434 4,654,199
% of Voted Shares 97.6511 2.3489
Result Accepted

4. 4

Description 
To declare a single tier final dividend of 3.3 sen per ordinary share for the financial year ended 31 December 2019.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 57 1
No. of Shares 198,511,753 100
% of Voted Shares 99.9999 0.0001
Result Accepted

5. 5

Description 
To approve the payment of Directors' fees and benefits up to an amount of RM470,000 to the Non-Executive Directors for the period from this 11th Annual General Meeting ("AGM") until the next AGM of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 48 3
No. of Shares 197,987,446 1,398
% of Voted Shares 99.9993 0.0007
Result Accepted

6. 6

Description 
To re-appoint Messrs Ernst & Young PLT as Auditors of the Company and to authorise the Directors to fix their remuneration.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 55 2
No. of Shares 198,508,605 248
% of Voted Shares 99.9999 0.0001
Result Accepted

7. 7

Description 
Continuing in office as Independent Non-Executive Director - Chua Kee Yat @ Koo Kee Yat.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 52 5
No. of Shares 193,853,358 4,655,495
% of Voted Shares 97.6548 2.3452
Result Accepted

8. 8

Description 
Continuing in office as Independent Non-Executive Director - Dato' Paduka (Dr.) Ir. Hj. Keizrul Bin Abdullah @ Lim Teik Keat.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 50 6
No. of Shares 193,768,812 4,656,645
% of Voted Shares 97.6532 2.3468
Result Accepted

9. 9

Description 
Continuing in office as Independent Non-Executive Director - Kek Chin Wu.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 51 5
No. of Shares 193,488,138 4,655,495
% of Voted Shares 97.6504 2.3496
Result Accepted

10. 10

Description 
Authority to allot shares.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 50 6
No. of Shares 194,444,408 4,060,533
% of Voted Shares 97.9544 2.0456
Result Accepted

11. 11

Description 
Proposed renewal of shareholders' mandate and proposed new shareholders' mandate for the Company and/or its subsidiaries to enter into recurrent related party transactions of a revenue or trading nature with related parties ("RRPT Mandate").
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 47 2
No. of Shares 32,668,203 1,250
% of Voted Shares 99.9962 0.0038
Result Accepted

12. 12

Description 
Proposed renewal of authority for the Company to purchase its own shares of up to ten per cent (10%) of the total number of issued shares ("Proposed Renewal of Share Buy-Back").
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 57 1
No. of Shares 198,511,753 100
% of Voted Shares 99.9999 0.0001
Result Accepted

13. 13

Description 
Proposed renewal of the authority to allot new ordinary shares in the Company ("New KLCB Shares"), for the purpose of Dividend Reinvestment Plan ("DRP") that provides the shareholders of the Company the option to elect to reinvest their cash dividend in New KLCB Shares ("Proposed Renewal of DRP").
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 54 3
No. of Shares 198,216,541 291,400
% of Voted Shares 99.8532 0.1468
Result Accepted

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