[AZRB] General on 19-Nov-2020

Stock
[AZRB]: AHMAD ZAKI RESOURCES BHD
Announcement Date
10-Nov-2020
Type
General
Date & Time
19-Nov-2020 10:00
Depositor Date
12-Nov-2020
Venue
Broadcast Venue Boardroom,7th Floor Menara AZRB, No. 71 Persiaran Gurney 54000 Kuala Lumpur
Description
Notification to Shareholders on the convening of Fully Virtual 23rd Annual General Meeting of Ahmad Zaki Resources Berhad due to Conditional Movement Control Order
AZRB-Administrative Guide Virtual AGM and Proxy Form.pdf
Outcome

The Board of Directors of Ahmad Zaki Resources Berhad ("the Company") is pleased to announce that the resolutions as set out in the Notice of Twenty-Third Annual General Meeting ("23rd AGM") were approved by the shareholders by way of poll via remote participation and online voting at the 23rd AGM of the Company held on Thursday, 19 November 2020 at 10.00 a.m.

The result of the poll were validated by Mr Eugene Teowfrom Cygnus IT Solutions PLT, the independent scrutineer appointed by the Company.

The poll resultsis attached herewith.

The annoucement is dated 19 November 2020.

Voting Results

1. Resolution 1

Description 
To approve the payment of Directors' fees and benefits for the financial period ended 30 June 2020.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 48 14
No. of Shares 351,768,003 1,104,228
% of Voted Shares 99.6871 0.3129
Result Accepted

2. Resolution 2

Description 
To approve the payment of Directors' fees and benefits of up to RM1,050,000 for the period from the conclusion of the 23rd Annual General Meeting to the next Annual General Meeting of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 47 15
No. of Shares 351,749,130 1,123,101
% of Voted Shares 99.6817 0.3183
Result Accepted

3. Resolution 3

Description 
To re-elect the following Director who retires  pursuant to  Clause 95 of the Company's Constitution:
(i)	Tan Sri Dato Lau Yin Pin @ Lau Yen Beng

Datuk (Prof) A. Rahman @ Omar bin Abdullah and Dato Sr. Abdull Manaf bin Hj Hashim who retire in accordance with Article 95 of the Companys Constitution, have expressed their intention not to seek re-election. Accordingly, they will retain office until the close of the 23rd Annual General Meeting.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 60 4
No. of Shares 355,945,318 19,362
% of Voted Shares 99.9946 0.0054
Result Accepted

4. Resolution 4

Description 
To re-elect Datuk Wira Azhar bin Abdul Hamid who retires in accordance with Clause 102 of the Companys Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 60 5
No. of Shares 357,239,616 25,064
% of Voted Shares 99.9930 0.0070
Result Accepted

5. Resolution 5

Description 
To re-appoint Deloitte 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 63 2
No. of Shares 357,262,068 2,612
% of Voted Shares 99.9993 0.0007
Result Accepted

6. Resolution 6

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 54 11
No. of Shares 357,143,979 120,701
% of Voted Shares 99.9662 0.0338
Result Accepted

7. Resolution 7

Description 
Proposed Renewal of Existing Shareholders' Mandate for Recurrent Related Party Transaction of a Revenue or Trading Nature
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 43 9
No. of Shares 15,641,239 105,589
% of Voted Shares 99.3295 0.6705
Result Accepted

8. Resolution 8

Description 
Proposed Share Buy-Back of up to 10% of the total number of issued shares of the Company at any given point in time
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 62 3
No. of Shares 357,262,343 2,337
% of Voted Shares 99.9993 0.0007
Result Accepted

9. Resolution 9

Description 
Authority to Continue in Office of Raja Tan Sri Dato' Seri Aman bin Raja Haji Ahmad as an Independent Non-Executive Director
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 59 5
No. of Shares 357,050,904 13,776
% of Voted Shares 99.9961 0.0039
Result Accepted

10. Resolutoin 10

Description 
Authority to Continue in Office of Tan Sri Dato Lau Yin Pin @ Lau Yen Beng as an Independent Non-Executive Director
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 57 6
No. of Shares 355,935,281 23,774
% of Voted Shares 99.9933 0.0067
Result Accepted

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