Farlim Group (Malaysia) Bhd. (Farlim) is pleased to announce that all of the proposed nineResolutionsas set out in the Notice of the Thirty-Eighth Annual General Meeting (AGM) of Farlimdated June 29, 2020have been duly passed at the AGM held on September 24, 2020.
All of the said Resolutions were voted by poll and the results of the poll were verified by NGL Tricor Governance Sdn. Bhd., the Independent Scrutineer appointed by Farlim.
Attached herewith are the details of the poll results.
Note :
Scope of work of NGL Tricor Governance Sdn Bhd (“NTG”)
The poll results were subject to scrutiny by NTG, whose work was limited to certain procedures requested bythe Company to agreethe poll resultssummary prepared by theCompany to poll forms collected and providedby theCompany to NTG. The work performed by NTG in this respect did not constitute an assurance engagement in accordance with generally accepted auditing or assurance standards in Malaysia, nor did it include provision of any assurance or advice on matters of legal interpretation or entitlement to vote.
This announcement is dated 24September2020.
Voting Results |
||
1. Ordinary Resolution 1 |
||
Description |
To approve the payment of Directors Fees of RM136,800.00 and benefits totalling RM450,000.00 for the period from 1 July 2020 until the conclusion of the Thirty-Ninth Annual General Meeting. |
|
Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 45 | 7 |
No. of Shares | 83,846,176 | 1,358,700 |
% of Voted Shares | 98.4054 | 1.5946 |
Result | Accepted | |
2. Ordinary Resolution 2 |
||
Description |
To re-elect Mr. Koay Say Loke Andrew who retires pursuant to Clause 106 of the Company's Constitution. |
|
Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 51 | 3 |
No. of Shares | 83,920,276 | 2,500 |
% of Voted Shares | 99.9970 | 0.0030 |
Result | Accepted | |
3. Ordinary Resolution 3 |
||
Description |
To re-elect Miss Adlina Hasni Binti Zainol Abidin who retires pursuant to Clause 106 of the Company's Constitution. |
|
Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 52 | 3 |
No. of Shares | 83,884,776 | 2,500 |
% of Voted Shares | 99.9970 | 0.0030 |
Result | Accepted | |
4. Ordinary Resolution 4 |
||
Description |
To re-appoint Baker Tilly Monteiro Heng PLT as Auditors and to authorise the Directors to fix their remuneration. |
|
Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 54 | 2 |
No. of Shares | 83,923,376 | 1,900 |
% of Voted Shares | 99.9977 | 0.0023 |
Result | Accepted | |
5. Ordinary Resolution 5 |
||
Description |
Proposed approval for Directors to allot shares pursuant to Section 76 of the Companies Act, 2016 |
|
Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 53 | 5 |
No. of Shares | 83,922,776 | 1,352,600 |
% of Voted Shares | 98.4138 | 1.5862 |
Result | Accepted | |
6. Ordinary Resolution 6 |
||
Description |
Proposed Renewal of Share Buy-Back up to 10% of the total number of issued shares of the Company |
|
Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 56 | 2 |
No. of Shares | 85,272,976 | 2,400 |
% of Voted Shares | 99.9972 | 0.0028 |
Result | Accepted | |
7. Ordinary Resolution 7 |
||
Description |
Proposed retention of Mr. Koay Say Loke Andrew as Independent Director. |
|
Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 52 | 3 |
No. of Shares | 83,920,376 | 2,500 |
% of Voted Shares | 99.9970 | 0.0030 |
Result | Accepted | |
8. Ordinary Resolution 8 |
||
Description |
Proposed retention of Encik Khairilanuar Bin Abdul Rahman as Independent Director. |
|
Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 53 | 3 |
No. of Shares | 83,922,776 | 2,500 |
% of Voted Shares | 99.9970 | 0.0030 |
Result | Accepted | |
9. Special Resolution |
||
Description |
Proposed alterations to the Constitution of the Company |
|
Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 53 | 3 |
No. of Shares | 83,922,876 | 2,400 |
% of Voted Shares | 99.9971 | 0.0029 |
Result | Accepted | |