The Board of Directors of Bumi Armada Berhad ("Bumi Armada" or "Company") is pleased to announcethat at theTwenty-FourthAnnual General Meeting ("24thAGM") held today, which was conducted entirely via Remote Participation and Voting ("RPV") facilities, all resolutions as set out in the Noticedated 18 May 2020 have been passed.
All resolutions were voted on a poll via RPVfacilities in accordance with Paragraph 8.29A of Bursa Malaysia Securities Berhad's Main Market Listing Requirements.
The results of the poll were validated by Boardroom Corporate Services Sdn Bhd, the independent scrutineer appointed by the Company.
This announcement is dated 9 June 2020.
Voting Results |
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1. Ordinary Resolution 1 |
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Description |
To re-elect Mr Uthaya Kumar Vivekananda who retires by rotation in accordance with Rule 131.1 of the Companys Constitution, and who being eligible, offers himself for re-election as a Director of the Company. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 185 | 39 |
No. of Shares | 3,543,467,722 | 307,144 |
% of Voted Shares | 99.9913 | 0.0087 |
Result | Accepted | |
2. Ordinary Resolution 2 |
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Description |
To re-elect Mr Chan Chee Beng who retires by rotation in accordance with Rule 131.1 of the Companys Constitution, and who being eligible, offers himself for re-election as a Director of the Company. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 175 | 46 |
No. of Shares | 2,750,293,121 | 790,968,445 |
% of Voted Shares | 77.6642 | 22.3358 |
Result | Accepted | |
3. Ordinary Resolution 3 |
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Description |
To retain Ms Alexandra Elisabeth Johanna Maria Schaapveld, who would, on 7 June 2020, have served as an Independent Non-Executive Director of the Company for a cumulative term of 9 years, to continue to serve as an INED of the Company until the conclusion of the next annual general meeting of the Company. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 176 | 47 |
No. of Shares | 2,702,086,203 | 840,788,663 |
% of Voted Shares | 76.2682 | 23.7318 |
Result | Accepted | |
4. Ordinary Resolution 4 |
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Description |
To approve the payment of fees and benefits to the Non-Executive Directors up to an amount of RM3.0 million from 9 June 2020 until the conclusion of the next Annual General Meeting of the Company to be held in 2021. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 156 | 63 |
No. of Shares | 3,539,882,069 | 451,596 |
% of Voted Shares | 99.9872 | 0.0128 |
Result | Accepted | |
5. Ordinary Resolution 5 |
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Description |
To re-appoint Messrs PricewaterhouseCoopers PLT as Auditors of the Company for the financial year ending 31 December 2020 and to authorise the Directors to fix their remuneration for that year. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 189 | 27 |
No. of Shares | 2,750,524,223 | 4,779,843 |
% of Voted Shares | 99.8265 | 0.1735 |
Result | Accepted | |
6. Ordinary Resolution 6 |
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Description |
Authority to issue new ordinary shares pursuant to Section 75 and Section 76 of the Companies Act, 2016 and the Main Market Listing Requirements of Bursa Malaysia Securities Berhad. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 176 | 48 |
No. of Shares | 2,754,891,923 | 788,882,943 |
% of Voted Shares | 77.7389 | 22.2611 |
Result | Accepted | |
7. Ordinary Resolution 7 |
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Description |
Proposed offer, grant and/or allotment in respect of ordinary shares in the Company to Mr Gary Neal Christenson, Executive Director/Chief Executive Officer pursuant to the Companys Management Incentive Plan. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 116 | 96 |
No. of Shares | 2,624,454,228 | 125,295,438 |
% of Voted Shares | 95.4434 | 4.5566 |
Result | Accepted | |