[SCIB] General on 18-Jun-2020

Stock
[SCIB]: SARAWAK CONSOLIDATED IND BHD
Announcement Date
15-May-2020
Type
General
Date & Time
18-Jun-2020 11:30
Depositor Date
10-Jun-2020
Venue
Tricor Business Centre, Manuka 2 & 3 Meeting Room, Unit 29-01, Level 29, Tower A, Vertical Business Suite, Avenue 3, Bangsar South, No. 8, Jalan Kerinch, 59200 Kuala Lumpur
Description
The 44th Annual General Meeting of Sarawak Consolidated Industries Berhad will be conducted fully virtual at the Broadcast Venue and via Remote Participation and Voting facilities.
SCIB - Notice of AGM 2020.pdf
Outcome

The Board of Directors of Sarawak Consolidated Industries Berhad (“SCIB” or the “Company”) is pleased to announce that all ordinary resolutions as set out in the Notice of the 44th Annual General Meeting ("44th AGM")of the Company dated 18 June2020 wereduly passed by the shareholders of the Companyat the 44th AGM held today.

The voting in respect of the resolutions wascarried out by way of a poll via Remote Participation and Voting facilities and the results werevalidated by Asia Securities Sdn Bhd, the independent Scrutineer appointed by the Company.


This announcement is dated 18 June 2020.

Voting Results

1. Resolution 1

Description 
To approve the payment of Directors' fees at an amount not exceeding RM486,000 in aggregate for the financial year ending 31 December 2020 until the next annual general meeting of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 17 4
No. of Shares 9,178,895 36,100
% of Voted Shares 99.6080 0.3920
Result Accepted

2. Resolution 2

Description 
To approve the payment of benefits payable to the Non-Executive Directors at an amount not exceeding RM714,000 for the financial year ending 31 December 2020 until the next annual general meeting of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 17 4
No. of Shares 9,178,895 36,100
% of Voted Shares 99.6080 0.3920
Result Accepted

3. Resolution 3

Description 
To re-elect the Director, YBhg. Dato Dr. Ir. Ts. Mohd Abdul Karim Bin Abdullah who retires in accordance with Article 127 of the Companys Constitution and being eligible, offers himself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 22 3
No. of Shares 13,172,880 119,400
% of Voted Shares 99.1020 0.8980
Result Accepted

4. Resolution 4

Description 
To re-elect the Director, Encik Rosland Bin Othman who retires in accordance with Article 127 of the Companys Constitution and being eligible, offers himself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 22 2
No. of Shares 33,366,384 2,000
% of Voted Shares 99.9940 0.0060
Result Accepted

5. Resolution 5

Description 
To re-elect the Director, Encik Sr. Mohd Nazri Bin Mat Noor who retires in accordance with Article 127 of the Companys Constitution and being eligible, offers himself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 26 2
No. of Shares 37,443,669 2,000
% of Voted Shares 99.9950 0.0050
Result Accepted

6. Resolution 6

Description 
To re-elect the Director, YBhg. Datu Haji Soedirman Bin Haji Aini who retires in accordance with Article 122(1) of the Companys Constitution and being eligible, offers himself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 26 2
No. of Shares 37,443,669 2,000
% of Voted Shares 99.9950 0.0050
Result Accepted

7. Resolution 7

Description 
To appoint Messrs. KPMG PLT as Auditors of the Company for the financial year ending 31 December 2020 and to authorise the Directors to determine their remuneration.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 26 2
No. of Shares 37,443,669 2,000
% of Voted Shares 99.9950 0.0050
Result Accepted

8. Resolution 8

Description 
To authorise Directors to issue and allot shares pursuant to Section 76 of the Companies Act 2016.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 25 3
No. of Shares 37,423,669 22,000
% of Voted Shares 99.9410 0.0590
Result Accepted

9. Resolution 9

Description 
To approve the proposed renewal of shareholder mandate for recurrent related party transactions of a revenue or trading nature.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 19 2
No. of Shares 9,212,995 2,000
% of Voted Shares 99.9780 0.0220
Result Accepted

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