[KAREX] General on 27-Nov-2020

Stock
[KAREX]: KAREX BERHAD
Announcement Date
27-Oct-2020
Type
General
Date & Time
27-Nov-2020 10:00
Depositor Date
20-Nov-2020
Venue
Meeting Room TR-12-R02 12th Floor, Menara Symphony No.5, Jalan Prof. Khoo Kay Kim, Seksyen 13 46200 Petaling Jaya, Selangor
Description
Notice of the Eighth Annual General Meeting
Karex Berhad - Notice of 8th Annual General Meeting.pdf
Outcome

The Board of KarexBerhad (“the Company”) is pleased to announce that all the resolutions as set out in the Notice of the Eighth Annual General Meeting (“AGM”) of the Company dated28 October 2020 were duly passed as Ordinary Resolutions by way of a poll at the Eighth AGM of the Company held on Friday,27 November 2020 at 10:00 a.m.

The results of the poll which were validated byBoardroom Corporate Services Sdn. Bhd., the Independent Scrutineer appointed by the Company, are as set out below:-

Voting Results

1. Ordinary Resolution 1

Description 
To re-elect Tun Dato Seri Arshad Ayub who is retiring in accordance with the Clause 97 of the Company's Constitution, and being eligible, has offered himself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 201 28
No. of Shares 583,911,464 2,814,033
% of Voted Shares 99.5204 0.4796
Result Accepted

2. Ordinary Resolution 2

Description 
To re-elect Dato Dr. Ong Eng Long @ Ong Siew Chuan who is retiring in accordance with the Clause 97 of the Company's Constitution, and being eligible, has offered himself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 207 22
No. of Shares 507,016,880 79,708,617
% of Voted Shares 86.4147 13.5853
Result Accepted

3. Ordinary Resolution 3

Description 
To re-elect Mr Goh Miah Kiat who is retiring in accordance with the Clause 104 of the Company's Constitution, and being eligible, has offered himself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 209 22
No. of Shares 589,738,150 1,237,347
% of Voted Shares 99.7906 0.2094
Result Accepted

4. Ordinary Resolution 4

Description 
To approve the payment of Directors fees of RM640,000.00 for the financial year ended 30 June 2020.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 180 48
No. of Shares 589,508,372 1,413,125
% of Voted Shares 99.7609 0.2391
Result Accepted

5. Ordinary Resolution 5

Description 
To approve the payment of Directors benefits (excluding Directors fees) payable to the Directors of the Company and its subsidiaries up to an amount of RM61,000.00 for the financial period from 1 December 2020 to 30 November 2021.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 177 53
No. of Shares 589,483,972 1,441,525
% of Voted Shares 99.7561 0.2439
Result Accepted

6. Ordinary Resolution 6

Description 
To re-appoint Messrs KPMG PLT as Auditors of the Company until the conclusion of the next Annual General Meeting and to authorise the Directors to fix their remuneration.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 212 17
No. of Shares 585,531,175 1,194,322
% of Voted Shares 99.7964 0.2036
Result Accepted

7. Ordinary Resolution 7

Description 
To approve the payment of a final dividend of 0.5 sen per ordinary share for the financial year ended 30 June 2020.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 220 11
No. of Shares 590,958,893 16,604
% of Voted Shares 99.9972 0.0028
Result Accepted

8. Ordinary Resolution 8

Description 
Authority to Issue and Allot Shares
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 198 30
No. of Shares 585,681,000 1,090,497
% of Voted Shares 99.8141 0.1858
Result Accepted

Remark
-
Market Buzz
Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment