[TEXCHEM] General on 27-May-2021

Stock
[TEXCHEM]: TEXCHEM RESOURCES BHD
Announcement Date
23-Apr-2021
Type
General
Date & Time
27-May-2021 10:30
Depositor Date
20-May-2021
Venue
Broadcast Venue at Boardroom Level 18, Menara Boustead Penang 39 Jalan Sultan Ahmad Shah 10050 Penang
Description
Notice of Forty-Seventh Annual General Meeting ("47th AGM") of Texchem Resources Bhd. The 47th AGM will be conducted on a fully virtual basis through live streaming and online remote voting via Remote Participation and Voting Facilities
TRB Notice of AGM.pdf
Outcome

The Board of Directors of Texchem Resources Bhd. wishes to announce that all the 10 Ordinary Resolutions as set out in the Notice of the Forty-Seventh Annual General Meeting (“47th AGM”) dated 26 April 2021 were duly passed by the shareholders at the 47th AGM of the Company held on 27 May 2021.

All the Ordinary Resolutions were voted by way of poll and the results of the poll were verified by Commercial Quest Sdn. Bhd., theindependent scrutineer appointed by the Company.

The results of the poll are set out in the attachment.

This announcement is dated 27 May 2021.

Voting Results

1. Ordinary Resolution 1

Description 
To re-elect Dato' Seri Nazir Ariff Bin Mushir Ariff who retires in accordance with Article 22.3 of the Company's Constitution and who being eligible offers himself for re-election
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 84 10
No. of Shares 65,770,813 6,352
% of Voted Shares 99.9903 0.0097
Result Accepted

2. Ordinary Resolution 2

Description 
To re-elect Cik Zarizana @ Izana Binti Abdul Aziz who retires in accordance with Article 22.3 of the Company's Constitution and who being eligible offers herself for re-election
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 84 10
No. of Shares 65,770,813 6,352
% of Voted Shares 99.9903 0.0097
Result Accepted

3. Ordinary Resolution 3

Description 
To approve the Directors' Fees of RM740,000 for the financial year ended 31 December 2020
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 80 14
No. of Shares 65,455,038 322,127
% of Voted Shares 99.5103 0.4897
Result Accepted

4. Ordinary Resolution 4

Description 
To approve the payment of Directors' benefits of RM30,000 to the three (3) members of the Audit Committee for the financial year ended 31 December 2020
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 77 17
No. of Shares 65,452,008 325,157
% of Voted Shares 99.5057 0.4943
Result Accepted

5. Ordinary Resolution 5

Description 
To re-appoint Messrs KPMG PLT as Auditors of the Company for the financial year ending 31 December 2021 and to authorise the Directors to fix their remuneration
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 83 11
No. of Shares 65,769,813 7,352
% of Voted Shares 99.9888 0.0112
Result Accepted

6. Ordinary Resolution 6 - Tier 1

Description 
Continuing in office as an Independent Non-Executive Director - Dato' Seri Nazir Ariff Bin Mushir Ariff
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 1 0
No. of Shares 53,319,972 0
% of Voted Shares 100.0000 0.0000
Result Accepted

7. Ordinary Resolution 6 - Tier 2

Description 
Continuing in office as an Independent Non-Executive Director - Dato' Seri Nazir Ariff Bin Mushir Ariff
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 82 11
No. of Shares 12,449,466 7,727
% of Voted Shares 99.9380 0.0620
Result Accepted

8. Ordinary Resolution 7

Description 
Continuing in office as an Independent Non-Executive Director
- Cik Zarizana @ Izana Binti Abdul Aziz
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 83 11
No. of Shares 65,769,438 7,727
% of Voted Shares 99.9883 0.0117
Result Accepted

9. Ordinary Resolution 8

Description 
Power to Issue Shares pursuant to Section 75 and Section 76 of the Companies Act 2016
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 82 12
No. of Shares 65,460,438 316,727
% of Voted Shares 99.5185 0.4815
Result Accepted

10. Ordinary Resolution 9

Description 
Proposed Renewal of Existing Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 79 11
No. of Shares 7,351,944 7,727
% of Voted Shares 99.8950 0.1050
Result Accepted

11. Ordinary Resolution 10

Description 
Proposed Renewal of Existing Share Buy-Back Authority
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 83 11
No. of Shares 65,769,438 7,727
% of Voted Shares 99.9883 0.0117
Result Accepted

Remark
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2024-04-18

Annual Result

Annual Report on 31-Dec-2023.

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