[LOTUS] General on 17-Mar-2020

Stock
[LOTUS]: LOTUS KFM BERHAD
Announcement Date
30-Jan-2020
Type
General
Date & Time
17-Mar-2020 09:30
Depositor Date
09-Mar-2020
Venue
Function Room 1, Rocana Hotel, 1st floor, B2-B10, Lorong Tun Ismail 8, Sri Dagangan II, 25000 Kuantan, Pahang
Description
NOTICE OF THIRTY-FIFTH ANNUAL GENERAL MEETING
Lotus KFM Berhad - Notice of 35th AGM.pdf
Outcome

The Board of Directors of Lotus KFMBerhad (formerly known as Kuantan Flour Mills Berhad) ("the Company") is pleased to announce that all the resolutions under Ordinary and Special Businesses as prescribed in the Notice of 35th AGM of the Company dated 31 January2020 were duly passed by the shareholders of the Company by way of poll at the 35th AGM of the Company. The result of the poll were validated by Commercial Quest Sdn. Bhd., the independent scrutineer appointed by the Company. The Audited Financial Statements for the financial year ended 30 September 2019 together with the Reports of the Directors and Auditors thereon were received and duly tabled at the 35th AGM of the Company under Agenda 1. This announcement is dated 17 March 2020.

Voting Results

1. Ordinary Resolution 1

Description 
To approve the payment of Directors' fees and benefits of RM87,000 for the financial year ended 30 September 2019.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 23 0
No. of Shares 415,342,170 0
% of Voted Shares 100.0000 0.0000
Result Accepted

2. Ordinary Resolution 2

Description 
To approve the payment of Directors' fees and benefits of up to  RM316,000 from 1 October 2019 until the next Annual General Meeting of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 23 0
No. of Shares 415,342,170 0
% of Voted Shares 100.0000 0.0000
Result Accepted

3. Ordinary Resolution 3

Description 
To re-elect Encik Mohd Rasli Bin Muda as a Director of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 23 0
No. of Shares 415,342,170 0
% of Voted Shares 100.0000 0.0000
Result Accepted

4. Ordinary Resolution 4

Description 
To re-elect Mr. Wong Sak Kuan as a Director of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 23 0
No. of Shares 415,342,170 0
% of Voted Shares 100.0000 0.0000
Result Accepted

5. Ordinary Resolution 5

Description 
To re-elect Ms. Lee Wai Fun as a Director of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 23 0
No. of Shares 415,342,170 0
% of Voted Shares 100.0000 0.0000
Result Accepted

6. Ordinary Resolution 6

Description 
To re-elect Mr. Yau Ming Teck as a Director of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 23 0
No. of Shares 415,342,170 0
% of Voted Shares 100.0000 0.0000
Result Accepted

7. Ordinary Resolution 7

Description 
To re-appoint Messrs. Grant Thornton Malaysia PLT as Auditors of the Company until the conclusion of the next Annual General Meeting and to authorise the Directors to fix their remuneration.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 23 0
No. of Shares 415,342,170 0
% of Voted Shares 100.0000 0.0000
Result Accepted

8. Ordinary Resolution 8

Description 
To approve the authority for Directors 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 23 0
No. of Shares 415,342,170 0
% of Voted Shares 100.0000 0.0000
Result Accepted

9. Ordinary Resolution 9

Description 
To approve the Proposed Shareholders' Ratification of Recurrent Related Party Transactions of a Revenue and/or Trading Nature
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 22 0
No. of Shares 214,602,170 0
% of Voted Shares 100.0000 0.0000
Result Accepted

10. Ordinary Resolution 10

Description 
To approve the Proposed Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue and/or Trading Nature
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 22 0
No. of Shares 214,602,170 0
% of Voted Shares 100.0000 0.0000
Result Accepted

11. Special Resolution

Description 
To approve the Proposed Amendments to the Constitution of the Company
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 22 0
No. of Shares 357,706,170 0
% of Voted Shares 100.0000 0.0000
Result Accepted

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