The Directors of OKA Corporation Bhd ("Company") wish to announce that the shareholders of the Company have at the Twentieth Annual General Meeting ("AGM") held this morning passed all the resolution set out in the Notice of the AGM dated 1 September 2020 by way way of poll, except Resolution No. 10 which was withdrawn due to the demise of En. Sharifuddin Bin Shoib, AMP on the late evening of 28 September 2020.
The results of the poll as per the attachment were validated by Tricor Corporate Services Sdn Bhd appointed by the Company.
The decisions for Resolutions 8 & 9 are determined through a two-tier voting process - Tier 1: large shareholder and Tier 2: other shareholders pursuant to Practice 4.2 of the Malaysian Code on Corporate Governance ("Practice 4.2"). The Tier 1 and Tier 2 results are as shown below:
FOR | AGAINST | RESULTS | ||||||||||||
RESOLUTIONS | NO. OF | % | No. of P/S | NO. OF | % | No. of P/S | ||||||||
SHARES | SHARES | |||||||||||||
ORDINARY | Retain Mr. Chok Hooa @ Chok Yin Fatt, PMP | (T1) | 140,276,004 | 100.000 | 4 | 0 | 0.000 | 0 | Accepted | |||||
RESOLUTION NO. 8 | as an Independent Non-Executive Director | (T2) | 13,230,975 | 100.000 | 31 | 0 | 0.000 | 0 | ||||||
ORDINARY | Retain Mr. Gan Boon Koo @ Gan Boon Kiu | (T1) | 140,276,004 | 100.000 | 4 | 0 | 0.000 | 0 | Accepted | |||||
RESOLUTION NO. 9 | as an Independent Non-Executive Director | (T2) | 14,419,128 | 99.994 | 30 | 850 | 0.006 | 1 | ||||||
Voting Results |
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1. 2. Ordinary Resolution 1 |
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Description |
To declare a final single-tier dividend of 2.0 sen per share in respect of the financial year ended 31 March 2020. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 36 | 0 |
No. of Shares | 154,985,982 | 0 |
% of Voted Shares | 100.0000 | 0.0000 |
Result | Accepted | |
2. 3. Ordinary Resolution 2 |
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Description |
To approve the payment of Directors' fees for the financial year ended 31 March 2020. |
|
Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 30 | 0 |
No. of Shares | 12,940,975 | 0 |
% of Voted Shares | 100.0000 | 0.0000 |
Result | Accepted | |
3. 4. Ordinary Resolution 3 |
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Description |
To approve the payment of allowances to Non-Executive Directors up to an amount of RM100,000 from the date of 20th Annual General Meeting until the next Annual General Meeting. |
|
Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 34 | 0 |
No. of Shares | 153,216,979 | 0 |
% of Voted Shares | 100.0000 | 0.0000 |
Result | Accepted | |
4. 5.(i) Ordinary Resolution 4 |
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Description |
To re-elect Mr. Ong Choo Ian who retires pursuant to Rule 21.8 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 | 33 | 0 |
No. of Shares | 15,084,978 | 0 |
% of Voted Shares | 100.0000 | 0.0000 |
Result | Accepted | |
5. 5. (ii) Ordinary Resolution 5 |
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Description |
To re-elect Mr. Chok Hooa @ Chok Yin Fatt, PMP who retires pursuant to Rule 21.8 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 | 35 | 0 |
No. of Shares | 153,506,979 | 0 |
% of Voted Shares | 100.0000 | 0.0000 |
Result | Accepted | |
6. 6. Ordinary Resolution 6 |
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Description |
To re-appoint Messrs KPMG PLT as auditors of the Company and to authorise the Directors to fix their remuneration. |
|
Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 154,985,982 | 0 |
No. of Shares | 36 | 0 |
% of Voted Shares | 100.0000 | 0.0000 |
Result | Accepted | |
7. 7. Ordinary Resolution 7 |
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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 | 35 | 1 |
No. of Shares | 154,984,782 | 1,200 |
% of Voted Shares | 99.9990 | 0.0010 |
Result | Accepted | |
8. 8.1 Ordinary Resolution 8 |
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Description |
Subject to the passing of Resolution 5, to retain Mr. Chok Hooa @ Chok Yin Fatt, PMP as an Independent Non-Executive Director of the Company. |
|
Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 35 | 0 |
No. of Shares | 153,506,979 | 0 |
% of Voted Shares | 100.0000 | 0.0000 |
Result | Accepted | |
9. 8.2 Ordinary Resolution 9 |
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Description |
To retain Mr Gan Boon Koo @ Gan Boon Kiu as an Independent Non-Executive Director of the Company. |
|
Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 34 | 1 |
No. of Shares | 154,695,132 | 850 |
% of Voted Shares | 99.9990 | 0.0010 |
Result | Accepted | |
10. 8.3 Ordinary Resolution 10 |
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Description |
To retain En. Sharifuddin Bin Shoib, AMP as an Independent Non-Executive Director of the Company. |
|
Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 0 | 0 |
No. of Shares | 0 | 0 |
% of Voted Shares | 0.0000 | 0.0000 |
Result | Withdrawn/ Postponed | |