[CAB] General on 09-Jun-2020

Stock
[CAB]: CAB CAKARAN CORPORATION BHD
Announcement Date
20-May-2020
Type
General
Date & Time
09-Jun-2020 10:30
Depositor Date
01-Jun-2020
Venue
Broadcast Venue at Conference Room, Third Floor, CAB Cakaran Corporation Berhad Plot 21 Lorong Jelawat 4, Seberang Jaya Industrial Park, Seberang Jaya, 13700 Perai, Penang
Description
Due to extension of the Conditional Movement Control Order to 9 June 2020, the Postponed 18th AGM will be conducted fully virtual at the Broadcast Venue and via Remote Participation and Voting at https://tiih.online. The date & time remained unchanged.
Notification-Fully Virtual Meeting.pdf
Outcome

The Board of Directors of CAB Cakaran Corporation Berhad ("the Company") is pleased to announce that all the ordinary resolutions as set outin the Notice of the Postponed Eighteenth ("18th") Annual General Meeting ("AGM") dated 8 May2020 were duly passed by the shareholders of the Company at the Postponed 18th AGM held earlier today.

The voting in respect of the resolutions was carried out by way of a poll via Remote Participation and Voting facilities and the results of the poll were validated by Asia Securities Sdn. Berhad, the scrutineer appointed by the Company.

Please refer belowfor the outcome of the Postponed 18th AGM of the Company.

This announcement is dated 9 June 2020.

Voting Results

1. Ordinary Resolution 1

Description 
Declaration of a final single tier dividend of 0.25 sen per share for the financial year ended 30 September 2019
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 27 1
No. of Shares 352,792,926 15,500
% of Voted Shares 99.9960 0.0040
Result Accepted

2. Ordinary Resolution 2

Description 
Re-election of Mr Chew Chee Khong as Director in accordance with Clause 165 of the Company's Constitution
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 24 3
No. of Shares 352,778,676 4,750
% of Voted Shares 99.9990 0.0010
Result Accepted

3. Ordinary Resolution 3

Description 
Re-election of Mr Lim Ghim Chai as Director in accordance with Clause 165 of the Company's Constitution
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 23 3
No. of Shares 352,778,661 3,765
% of Voted Shares 99.9990 0.0010
Result Accepted

4. Ordinary Resolution 4

Description 
Re-election of Ms Wijanti Tjendera as Director in accordance with Clause 165 of the Company's Constitution
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 23 4
No. of Shares 352,778,661 4,765
% of Voted Shares 99.9990 0.0010
Result Accepted

5. Ordinary Resolution 5

Description 
Re-appointment of Messrs Grant Thornton Malaysia as Auditors of the Company and to authorise the Board of Directors to fix their remuneration
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 26 1
No. of Shares 352,780,926 2,500
% of Voted Shares 99.9990 0.0010
Result Accepted

6. Ordinary Resolution 6 (FIRST TIER)

Description 
Continuing in office as Independent Non-Executive Director for Tuan Haji Ahmad Fazil Bin Haji Hashim
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 6 0
No. of Shares 334,941,763 0
% of Voted Shares 100.0000 0.0000
Result Accepted

7. Ordinary Resolution 6 (SECOND TIER)

Description 
Continuing in office as Independent Non-Executive Director for Tuan Haji Ahmad Fazil Bin Haji Hashim
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 15 5
No. of Shares 17,813,064 5,162
% of Voted Shares 99.9710 0.0290
Result Accepted

8. Ordinary Resolution 7

Description 
Continuing in office as Independent Non-Executive Director for Y.B. Goh Choon Aik
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 21 4
No. of Shares 352,775,772 4,077
% of Voted Shares 99.9990 0.0010
Result Accepted

9. Ordinary Resolution 8

Description 
Approval for the payment of Directors' fees
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 15 9
No. of Shares 145,964,317 45,470
% of Voted Shares 99.9690 0.0310
Result Accepted

10. Ordinary Resolution 9

Description 
Approval for the payment of Directors' benefits
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 17 7
No. of Shares 145,965,417 44,370
% of Voted Shares 99.9700 0.0300
Result Accepted

11. Ordinary Resolution 10

Description 
Approval for issuance of new ordinary shares pursuant to Sections 75 and 76 of the Companies Act 2016
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 23 5
No. of Shares 352,788,076 20,350
% of Voted Shares 99.9940 0.0060
Result Accepted

12. Ordinary Resolution 11

Description 
Share Buy-Back Authority
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 25 2
No. of Shares 352,803,676 3,750
% of Voted Shares 99.9990 0.0010
Result Accepted

13. Ordinary Resolutin 12

Description 
Renewal of and additional shareholders' mandate for recurrent related party transactions of a revenue or trading nature
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 19 3
No. of Shares 17,861,913 4,750
% of Voted Shares 99.9730 0.0270
Result Accepted

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