[LBALUM] General on 29-Sep-2020

Stock
[LBALUM]: LB ALUMINIUM BHD
Announcement Date
27-Aug-2020
Type
General
Date & Time
29-Sep-2020 10:00
Depositor Date
22-Sep-2020
Venue
Ujong Pandang Room, Staffield Country Resort, Batu 13, Jalan Seremban-Kuala Lumpur (Country Road), 71700 Mantin, Negeri Sembilan Darul Khusus
Description
LB Aluminium Berhad - Notice of Annual General Meeting
LBALUM_Notice of AGM.pdf
Outcome

The Board of Directors of LB Aluminium Berhad ("the Company") wishes to announce that all the resolutions as set out in the notice conveningthe Annual General Meeting ("AGM")dated 28 August 2020 were duly passed at theAGMof the Company held earliertoday.

The voting in respect of all the resolutions was carried out by way of poll, results of which was validated by Lawco Corporate Services Sdn. Bhd., being the independent scrutineer appointed by the Company.

Details of the results of the polling in respect of all the resolutions at the AGM are set out below.

This annoucement is dated 29 September 2020.

Voting Results

1. Ordinary Resolution 1

Description 
To approve the payment of a first and final single tier dividend of 1.00 sen per ordinary share in respect of the financial year ended 30 April 2020.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 15 0
No. of Shares 99,982,810 0
% of Voted Shares 100.0000 0.0000
Result Accepted

2. Ordinary Resolution 2

Description 
To approve the payment of Directors' fees of RM400,000.00 for the financial year ended 30 April 2020.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 10 1
No. of Shares 2,150,600 2,500
% of Voted Shares 99.8839 0.1161
Result Accepted

3. Ordinary Resolution 3

Description 
To approve the payment of Directors' benefits of up to RM45,000.00 for the period from 30 September 2020 until the next Annual General Meeting of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 10 1
No. of Shares 2,150,600 2,500
% of Voted Shares 99.8839 0.1161
Result Accepted

4. Ordinary Resolution 4

Description 
To re-elect Datuk Leow Chong Howa as Director.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 14 1
No. of Shares 99,980,310 2,500
% of Voted Shares 99.9975 0.0025
Result Accepted

5. Ordinary Resolution 5

Description 
To re-elect Ms Leow Sok Hoon as Director.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 13 1
No. of Shares 81,611,806 2,500
% of Voted Shares 99.9969 0.0031
Result Accepted

6. Ordinary Resolution 6

Description 
To re-elect Dato' Dr Mohd Husni Bin Ahmad as Director.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 14 1
No. of Shares 99,980,310 2,500
% of Voted Shares 99.9975 0.0025
Result Accepted

7. Ordinary Resolution 7

Description 
To re-appoint Messrs BDO PLT as Auditors of the Company and to authorise the Directors to fix their remuneration.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 14 1
No. of Shares 99,980,310 2,500
% of Voted Shares 99.9975 0.0025
Result Accepted

8. Ordinary Resolution 8 (First Tier)

Description 
To approve Mr Neoh Lay Keong to continue to act as an Independent Director.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 1 0
No. of Shares 74,973,406 0
% of Voted Shares 100.0000 0.0000
Result Accepted

9. Ordinary Resolution 8 (Second Tier)

Description 
To approve Mr Neoh Lay Keong to continue to act as an Independent Director.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 12 2
No. of Shares 25,006,804 2,600
% of Voted Shares 99.9896 0.0104
Result Accepted

10. Ordinary Resolution 9 (First Tier)

Description 
To approve Dato' Dr Mohd Husni Bin Ahmad to continue to act as an Independent Director.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 1 0
No. of Shares 74,973,406 0
% of Voted Shares 100.0000 0.0000
Result Accepted

11. Ordinary Resolution 9 (Second Tier)

Description 
To approve Dato' Dr Mohd Husni Bin Ahmad to continue to act as an Independent Director.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 12 2
No. of Shares 25,006,804 2,600
% of Voted Shares 99.9896 0.0104
Result Accepted

12. Ordinary Resolution 10

Description 
To grant authority to issue and allot shares pursuant to Sections 75 and 76 of the Companies Act 2016.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 14 1
No. of Shares 99,980,310 2,500
% of Voted Shares 99.9975 0.0025
Result Accepted

13. Ordinary Resolution 11

Description 
To approve the Proposed Renewal of Authority for Share Buy-Back.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 14 1
No. of Shares 99,980,310 2,500
% of Voted Shares 99.9975 0.0025
Result Accepted

14. Ordinary Resolution 12

Description 
To approve the Proposed Renewal of the Existing Shareholders' Mandate for the Company and/or its subsidiaries to enter into Recurrent Related Party Transactions of a Revenue or Trading Nature.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 12 1
No. of Shares 6,638,400 2,500
% of Voted Shares 99.9624 0.0376
Result Accepted

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