[MALAKOF] General on 09-Jun-2020

Stock
[MALAKOF]: MALAKOFF CORPORATION BERHAD
Announcement Date
06-May-2020
Type
General
Date & Time
09-Jun-2020 10:00
Depositor Date
01-Jun-2020
Venue
Broadcast venue at Level 7, Block 4, Plaza Sentral, Jalan Stesen Sentral 5, 50470 Kuala Lumpur
Description
Notice of Postponed 14th Annual General Meeting ("14th AGM") to be held Via Fully Virtual Meeting.
MCB Notification to Shareholder and Notice of the Postponed 14th AGM.pdf
Outcome

The Board of Directors of Malakoff Corporation Berhad (“the Company”) wishes to announce that all resolutions as set out in the Notice of the Postponed 14th Annual General Meeting ("AGM") of the Company dated8 May 2020were duly passed by the shareholders of the Company at the Postponed 14th AGM held today.

All the resolutions were voted by poll via remote participation and electronic voting and the results of the poll were validated by Boardroom Corporate Services Sdn. Bhd., the independent scrutineers appointed by the Company.

Details of the poll voting results are set out in the table below.

This announcement is dated 9 June 2020.

Voting Results

1. Resolution 1

Description 
To re-elect Datuk Ooi Teik Huat who retires in accordance with Article 105 of the Company's Constitution as Director of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 205 8
No. of Shares 3,601,637,391 13,628,411
% of Voted Shares 99.6230 0.3769
Result Accepted

2. Resolution 2

Description 
To re-elect Datuk Rozimi Remeli who retires in accordance with Article 105 of the Company's Constitution as Director of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 234 32
No. of Shares 4,192,093,483 6,742,119
% of Voted Shares 99.8394 0.1605
Result Accepted

3. Resolution 3

Description 
To approve the payment of Directors' fees up to an amount of RM1,230,000 to the Non-Executive Directors ("NED") with effect from 24 April 2020 until the next Annual General Meeting ("AGM") of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 211 51
No. of Shares 3,666,988,668 530,684,834
% of Voted Shares 87.3576 12.6423
Result Accepted

4. Resolution 4

Description 
To approve the payment of Directors' benefits up to an amount of RM1,250,000 to all NEDs with effect from 24 April 2020 until the next AGM of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 213 49
No. of Shares 4,197,125,168 548,334
% of Voted Shares 99.9869 0.0130
Result Accepted

5. Resolution 5

Description 
To approve the payment of Directors' benefits up to an amount of RM250,000 by the subsidiaries of the Company to the NEDs with effect from 1 January 2020 until the next AGM of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 211 51
No. of Shares 4,183,041,968 15,190,634
% of Voted Shares 99.6381 0.3618
Result Accepted

6. Resolution 6

Description 
To re-appoint Messrs. KPMG PLT as Auditors of the Company until the conclusion of the next AGM and to authorise the Board of Directors to fix their remuneration.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 238 27
No. of Shares 4,190,501,778 8,333,824
% of Voted Shares 99.8015 0.1984
Result Accepted

7. Resolution 7

Description 
Proposed Renewal of Authority for the Company to Purchase Its Own Shares.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 233 33
No. of Shares 3,585,303,879 613,531,723
% of Voted Shares 85.3880 14.6119
Result Accepted

8. Resolution 8

Description 
Proposed Shareholders' Mandate for Recurrent Related Party Transactions of A Revenue or Trading Nature ("Proposed Shareholders' Mandate").
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 205 28
No. of Shares 2,318,673,788 101,724
% of Voted Shares 99.9956 0.0043
Result Accepted

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