[RANHILL] General on 21-Apr-2020

Stock
[RANHILL]: RANHILL UTILITIES BERHAD
Announcement Date
16-Apr-2020
Type
General
Date & Time
21-Apr-2020 11:00
Depositor Date
15-Apr-2020
Venue
The Boardroom, Level 30, Tower A, Vertical Business Suite, Avenue 3, Bangsar South, No. 8 Jalan Kerinchi, 59200 Kuala Lumpur
Description
Change of venue and time of the Sixth Annual General Meeting due to extension of Movement Control Order from 15 April 2020 to 28 April 2020 and via remote participation and voting facilities on the same date.
RH_Notification to shareholders - RPV Admin Guide.pdf
Outcome

The Board of Directors of Ranhill Holdings Berhad ("RANHILL")is pleased to announce that the resolutions as set out in the Notice of the Sixth AnnualGeneral Meeting ("6th AGM") of the Company dated 21 March 2020 were duly passed by the shareholders of the Company by way of poll via remote participation voting at the 6th AGMheld today.

The resolutions were voted by way ofpoll via remote participation voting and the resultof the poll were validated by Mega CorporateServices Sdn Bhd, the independent scrutineer appointed by the Company.

The Audited Financial Statements for the financial year ended 31 December 2019 together with the Reports of the Directors and Auditors thereon were received and duly tabled at the 6th AGM of the Company under Agenda 1.

Details of the said resultof the poll is set out below.

This announcement is dated 21 April 2020.

Voting Results

1. Resolution 1

Description 
To approve the payment of final dividend of 1 sen per share under the single-tier system in respect of the financial year ended 31 December 2019.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 74 0
No. of Shares 601,645,260 0
% of Voted Shares 100.0000 0.0000
Result Accepted

2. Resolution 2

Description 
To re-elect Tan Sri Azman Yahya pursuant to Article 111 of the Company's Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 71 2
No. of Shares 601,028,040 507,720
% of Voted Shares 99.9160 0.0840
Result Accepted

3. Resolution 3

Description 
To re-elect Datuk Abdullah Karim pursuant to Article 111 of the Company's Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 68 4
No. of Shares 600,414,220 1,109,040
% of Voted Shares 99.8160 0.1840
Result Accepted

4. Resolution 4

Description 
To re-elect Mr Lim Hun Soon @ David Lim pursuant to Article 111 of the Company's Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 69 3
No. of Shares 600,908,788 614,472
% of Voted Shares 99.8980 0.1020
Result Accepted

5. Resolution 5

Description 
To approve the increase and payment of Directors fees retrospective from 1 January 2020 and benefits until the conclusion of the next Annual General Meeting of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 66 7
No. of Shares 601,487,484 129,776
% of Voted Shares 99.9780 0.0220
Result Accepted

6. Resolution 6

Description 
To re-appoint Messrs Ernst & Young PLT as Auditors of the Company for the ensuing year and to authorise the Directors to fix their remuneration.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 73 0
No. of Shares 601,645,248 0
% of Voted Shares 100.0000 0.0000
Result Accepted

7. Resolution 7

Description 
Authority to Allot and Issue Shares Pursuant to Sections 75 and 76 of the Companies Act
2016.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 71 3
No. of Shares 601,067,860 577,400
% of Voted Shares 99.9040 0.0960
Result Accepted

8. Resolution 8

Description 
Proposed Renewal of the Authority to Allot New Ordinary Shares in the Company (New Ranhill 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 (Proposed Renewal of DRP)
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 73 1
No. of Shares 601,585,260 60,000
% of Voted Shares 99.9900 0.0100
Result Accepted

9. Resolution 9

Description 
Proposed Renewal of Share Buy-Back Authority.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 73 1
No. of Shares 601,585,260 60,000
% of Voted Shares 99.9900 0.0100
Result Accepted

10. Resolution 10

Description 
Proposed Renewal of Shareholders Mandate For Recurrent Related Party Transactions (RRPT) of a Revenue or Trading Nature (Proposed Renewal of Shareholders Mandate).
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 64 0
No. of Shares 34,440,795 0
% of Voted Shares 100.0000 0.0000
Result Accepted

11. Resolution 11

Description 
Proposed New Shareholders Mandate For Additional Recurrent Related Party Transactions
(RRPT) of a Revenue or Trading Nature (Proposed New Shareholders Mandate).
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 64 0
No. of Shares 34,440,795 0
% of Voted Shares 100.0000 0.0000
Result Accepted

12. Special Resolution 1

Description 
Proposed Change of Name of the Company from Ranhill Holdings Berhad to Ranhill Utilities Berhad (Proposed Change of Name)
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 72 2
No. of Shares 601,585,234 60,026
% of Voted Shares 99.9900 0.0100
Result Accepted

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