[BARAKAH] AGM on 30-Dec-2019

Stock
[BARAKAH]: BARAKAH OFFSHORE PETROLEUM BHD
Announcement Date
30-Oct-2019
Type
AGM
Date & Time
30-Dec-2019 09:30
Depositor Date
19-Dec-2019
Venue
Sireh Junjung Banquet Hall, F55, Level 1, PJU 5 Encorp Strand Mall, Kota Damansara 47810 Petaling Jaya, Selangor Darul Ehsan
Description
Notice of Seventh Annual General Meeting
Notice of 7th AGM.pdf
Outcome

The Board of Directors of Barakah Offshore Petroleum Berhad (“the Company”) is pleased to announce that all the resolutions tabled at the Company’s SeventhAnnual General Meeting held on 30 December 2019 were duly passed by the shareholders of the Company by way of poll voting.

The result of the poll which were validated by GovernAce Advisory & Solutions Sdn. Bhd., the Independent Scrutineer appointed by the Company, are set out in the attachment.

This announcement is dated 30 December 2019.

Voting Results

1. Ordinary Resolution 1

Description 
To re-elect En Rasdee Bin Abdullah who is retiring in accordance with Article 86 of the Constitution of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 79 7
No. of Shares 99,160,517 334,000
% of Voted Shares 99.6643 0.3357
Result Accepted

2. Ordinary Resolution 2

Description 
To elect En Nik Hamdan Bin Daud who is retiring under Article 92 of the Constitution of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 79 7
No. of Shares 99,160,517 334,000
% of Voted Shares 99.6643 0.3357
Result Accepted

3. Ordinary Resolution 3

Description 
To elect Datuk Mohd Zaid Bin Ibrahim who is retiring under Article 92 of the Constitution of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 79 7
No. of Shares 99,160,517 334,000
% of Voted Shares 99.6643 0.3357
Result Accepted

4. Ordinary Resolution 4

Description 
To elect Dr Rosli Bin Azad Khan who is retiring under Article 92 of the Constitution of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 79 7
No. of Shares 99,160,517 334,000
% of Voted Shares 99.6643 0.3357
Result Accepted

5. Ordinary Resolution 5

Description 
To approve the payment of Directors' fees of RM58,600 per month for the Non-Executive Directors, from 31 December 2019 until the next Annual General Meeting of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 76 10
No. of Shares 99,008,017 496,500
% of Voted Shares 99.5010 0.4990
Result Accepted

6. Ordinary Resolution 6

Description 
To approve the payment of Directors' benefits of up to RM240,000 for the Non-Executive Directors, from 31 December 2019 until the next Annual General Meeting of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 75 11
No. of Shares 98,998,017 506,500
% of Voted Shares 99.4910 0.5090
Result Accepted

7. Ordinary Resolution 7

Description 
To re-appoint Messrs. Crowe 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 77 8
No. of Shares 99,160,517 344,000
% of Voted Shares 99.6543 0.3457
Result Accepted

8. Ordinary Resolution 8

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 79 7
No. of Shares 99,170,517 334,000
% of Voted Shares 99.6643 0.3357
Result Accepted

9. Special Resolution 1

Description 
Proposed Adoption of the New Constitution of the Company
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 82 4
No. of Shares 99,253,517 251,000
% of Voted Shares 99.7478 0.2523
Result Accepted

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