[KESM] AGM on 08-Jan-2020

Stock
[KESM]: KESM INDUSTRIES BHD
Announcement Date
24-Oct-2019
Type
AGM
Date & Time
08-Jan-2020 10:00
Depositor Date
31-Dec-2019
Venue
Connexion Conference & Event Centre, Spectrum and Prism (Level 3A), Nexus, Bangsar South, No. 7, Jalan Kerinchi, 59200 Kuala Lumpur, Malaysia
Description
KESM INDUSTRIES BERHAD ("KESM") -Notice of the Forty-Eighth Annual General Meeting ("48th AGM") Enclosed notice of the 48th AGM of KESM dated 25 October 2019 to convene the 48th AGM on 8 January 2020.
KESMI Notice of AGM.pdf
Outcome

The Board of Directors of KESM IndustriesBerhad ("the Company) is pleased to announce that all the resolutions as prescribed in the notice convening the Annual General Meeting ("AGM") of the Company dated 25October 2019were duly passed by way of poll at the AGM of the Company held atConnexion Conference & Event Centre, Spectrum and Prism (Level 3A), Nexus, Bangsar South, No. 7, Jalan Kerinchi, 59200 Kuala Lumpur, Malaysia on Wednesday, 8January 2020.

The results of the poll which were validated by Mr Alex Wong, the representative from GovernAce Advisory & SolutionsSdn Bhd, the Independent Scrutineer appointed by the Company, are as set out below:-

Voting Results

1. 1

Description 
To declare a final tax exempt dividend of 6 sen per share in respect of the financial year ended 31 July 2019.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 71 0
No. of Shares 28,271,520 0
% of Voted Shares 100.0000 0.0000
Result Accepted

2. 2

Description 
To approve payment of Directors' fees and allowances of RM293,000 in respect of the financial year ended 31 July 2019.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 66 2
No. of Shares 7,143,415 4,400
% of Voted Shares 99.9384 0.0616
Result Accepted

3. 3

Description 
To re-elect Mr Samuel Lum Syn Soo who is retiring pursuant to Article 80 of the Company's Articles of Association.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 72 1
No. of Shares 28,183,320 88,200
% of Voted Shares 99.6880 0.3120
Result Accepted

4. 4

Description 
To re-elect Ms Lim Mee Ing who is retiring pursuant to Article 80 of the Company's Articles of Association.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 60 2
No. of Shares 28,195,465 2,100
% of Voted Shares 99.9926 0.0074
Result Accepted

5. 5

Description 
To re-appoint Messrs Ernst & Young as the Company's Auditors and to authorise the Board of Directors to fix their remuneration.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 68 0
No. of Shares 28,242,169 0
% of Voted Shares 100.0000 0.0000
Result Accepted

6. 6

Description 
To approve the continuation in office of Mr Yong Chee Hou as Independent Non-Executive Director
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 60 4
No. of Shares 26,511,569 1,562,400
% of Voted Shares 94.4347 5.5653
Result Accepted

7. 7

Description 
To approve the proposed adoption of new Constitution of the Company to replace the existing Memorandum and Articles of Association.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 60 1
No. of Shares 28,006,270 100
% of Voted Shares 99.9996 0.0004
Result Accepted

Remark
-
Market Buzz

2024-04-25

Forum

5 New Comments

Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment