[LYSAGHT] General on 13-Aug-2020

Stock
[LYSAGHT]: LYSAGHT GALVANIZED STEEL BHD
Announcement Date
29-Jun-2020
Type
General
Date & Time
13-Aug-2020 10:00
Depositor Date
05-Aug-2020
Venue
Ballroom 1, Level 6, Weil Hotel 292, Jalan Sultan Idris Shah 30000 Ipoh Perak Darul Ridzuan
Description
LYSAGHT GALVANIZED STEEL BERHAD - NOTICE OF THE FORTY-FIRST ANNUAL GENERAL MEETING
Lysaght - Notice of 41st AGM.pdf
Outcome

The Board of Directors of Lysaght Galvanized Steel Berhad is pleased to announce that all resolutions as set out in the Notice of the Forty-First Annual General Meeting ("41st AGM") of the Company dated 30 June 2020 were duly passed by the shareholders of the Company at the 41st AGM held today.

All the resolutions were voted by poll and the results of the poll were validated by Commercial Quest Sdn. Bhd., the independent scrutineer appointed by the Company.

Details of the results of the poll are set out below.

This announcement is dated 13 August 2020.

Voting Results

1. Ordinary Resolution 1

Description 
To declare a final single tier dividend of 5 sen per ordinary share for the financial year ended 31 December 2019.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 17 0
No. of Shares 30,900,000 0
% of Voted Shares 100.0000 0.0000
Result Accepted

2. Ordinary Resolution 2

Description 
To approve the payment of Directors Fees of RM432,000/- for the financial year ending 31 December 2020 to the Non-Executive Directors.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 12 5
No. of Shares 23,026,400 7,873,600
% of Voted Shares 74.5191 25.4809
Result Accepted

3. Ordinary Resolution 3

Description 
To approve the payment of the meeting allowances of RM107,000/- for the financial year ending 31 December 2020 to the Non-Executive Directors.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 12 5
No. of Shares 23,026,400 7,873,600
% of Voted Shares 74.5191 25.4809
Result Accepted

4. Ordinary Resolution 4

Description 
To re-elect Dato Ir. Wan Razali Bin Wan Muda who retire pursuant to Article 23.4 of the Company's Constitution and who has offered himself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 12 5
No. of Shares 23,026,400 7,873,600
% of Voted Shares 74.5191 25.4809
Result Accepted

5. Ordinary Resolution 5

Description 
To re-elect Ir Aik Siaw Kong who retire pursuant to Article 23.4 of the Company's Constitution and who has offered himself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 12 5
No. of Shares 23,026,400 7,873,600
% of Voted Shares 74.5191 25.4809
Result Accepted

6. Ordinary Resolution 6

Description 
To re-appoint Ernst & Young PLT as Auditors of the Company for the financial year ending 31 December 2020 at such remuneration to be determined by the Directors.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 12 5
No. of Shares 23,026,400 7,873,600
% of Voted Shares 74.5191 25.4809
Result Accepted

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