[FIHB] General on 17-Dec-2020

Stock
[FIHB]: FEDERAL INTERNATIONAL HOLDINGS BERHAD
Announcement Date
01-Dec-2020
Type
General
Date & Time
17-Dec-2020 15:30
Depositor Date
10-Dec-2020
Venue
Broadcast Venue 12 Floor, Menara Symphony, No. 5, Jalan Prof Khoo Kay Kim, Seksyen 13, 46200, Petaling Jaya, Selangor Darul Ehsan
Description
Due to the Covid-19 outbreak and part of the safety measures, the Company has decided that the Thirty-Seventh Annual General Meeting be conducted on a fully virtual basis via remote participation through live stream and online voting.
FIHB - Notification letter and Administrative guide for the Annual General Meeting.pdf
Outcome
The Board of Directors of FEDERAL INTERNATIONAL HOLDINGS BERHAD ("FIHB") is pleased to announce that all the resolutions as set out in the Notice of Thirty-Seventh Annual General Meeting ("37th AGM") of FIHB dated 30 October 2020 were duly passed by way of poll at the 37th AGM of FIHB held today. The results of the poll were validated by TF Lee Lum Associates, the Independent Scrutineer appointed by FIHB. The details of the results of the poll are set out below:-

Voting Results

1. Ordinary Resolution 1

Description 
To approve the payment of Directors' Fees and benefit payable amounting to RM420,000/- payable to the Directors from 18 December 2020 until the next Annual General Meeting of the Company to be held in the year 2021.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 32 1
No. of Shares 54,236,563 29,500
% of Voted Shares 99.9456 0.0544
Result Accepted

2. Ordinary Resolution 2

Description 
To re-elect Dato' Choy Wai Hin who is retiring in accordance with Clause 120 of the Company's Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 30 1
No. of Shares 48,559,101 29,500
% of Voted Shares 99.9393 0.0607
Result Accepted

3. Ordinary Resolution 3

Description 
To re-elect Datuk Choy Wai Ceong who is retiring in accordance with Clause 120 of the Company's Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 30 1
No. of Shares 48,752,379 29,500
% of Voted Shares 99.9395 0.0605
Result Accepted

4. Ordinary Resolution 4

Description 
To re-elect Choy Yuin Yi who is retiring in accordance with Clause 119 of the Company's Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 32 1
No. of Shares 54,236,563 29,500
% of Voted Shares 99.9456 0.0544
Result Accepted

5. Ordinary Resolution 5

Description 
To re-elect James Shii Lihton who is retiring in accordance with Clause 119 of the Company's Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 31 1
No. of Shares 54,224,079 29,500
% of Voted Shares 99.9456 0.0544
Result Accepted

6. Ordinary Resolution 6

Description 
To re-elect Ng Chee Kwong who is retiring in accordance with Clause 119 of the Company's Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 32 1
No. of Shares 54,236,563 29,500
% of Voted Shares 99.9456 0.0544
Result Accepted

7. Ordinary Resolution 7

Description 
To re-appoint Baker Tilly Monteiro Heng 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 33 0
No. of Shares 54,266,063 0
% of Voted Shares 100.0000 0.0000
Result Accepted

8. Ordinary Resolution 8

Description 
Retention of Tuan Haji Hussein Bin Hamzah as an Independent Non- Executive Director.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 11 0
No. of Shares 39,331,134 0
% of Voted Shares 100.0000 0.0000
Result Accepted

9. Ordinary Resolution 9

Description 
Retention of Encik Mohd Arif Bin Mastol as an Independent Non- Executive Director.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 33 0
No. of Shares 54,266,063 0
% of Voted Shares 100.0000 0.0000
Result Accepted

10. Ordinary Resolution 10

Description 
Authority to issue shares pursuant to the Companies Act 2016.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 32 1
No. of Shares 54,266,013 50
% of Voted Shares 99.9999 0.0001
Result Accepted

11. Ordinary Resolution 11

Description 
Proposed New Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 21 0
No. of Shares 13,531,638 0
% of Voted Shares 100.0000 0.0000
Result Accepted

12. Ordinary Resolution 12

Description 
Proposed Renewal of Existing 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 21 0
No. of Shares 13,531,638 0
% of Voted Shares 100.0000 0.0000
Result Accepted

13. Ordinary Resolution 13

Description 
Proposed Renewal of Authority for Share Buy-Back of up to 10% of the Total Number of Issued Shares of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 33 0
No. of Shares 54,266,063 0
% of Voted Shares 100.0000 0.0000
Result Accepted

14. Ordinary Resolution 8 (Tier 2)

Description 
Retention of Tuan Haji Hussein Bin Hamzah as an Independent Non- Executive Director.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 22 0
No. of Shares 14,934,929 0
% of Voted Shares 100.0000 0.0000
Result Accepted

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