[KKB] General on 14-Aug-2020

Stock
[KKB]: KKB ENGINEERING BHD
Announcement Date
08-Jul-2020
Type
General
Date & Time
14-Aug-2020 10:00
Depositor Date
07-Aug-2020
Venue
Grand Margherita Hotel Jalan Tunku Abdul Rahman 93748 Kuching Sarawak
Description
Notice of 44th Annual General Meeting of KKB Engineering Berhad
KKB-Notice of 44th AGM.pdf
Outcome

The Board of Directors of KKB Engineering Berhad (“KKB") wishes to announce that at the 44th Annual General Meeting ("AGM") held on14 August2020, all resolutions as set out in the Notice of AGM dated9 July2020were carried.

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

Voting Results

1. Ordinary Resolution 1

Description 
To approve the payment of a First and Final Single Tier Dividend of six (6) sen per ordinary share in respect of the financial year ended 31 December 2019 as recommended by the Directors.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 33 0
No. of Shares 185,748,440 0
% of Voted Shares 100.0000 0.0000
Result Accepted

2. Ordinary Resolution 2

Description 
To approve the payment of Directors' fees amounting to RM371,000 for the financial year ending 31 December 2020 (FYE 2019: RM318,000).
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 29 0
No. of Shares 179,598,540 0
% of Voted Shares 100.0000 0.0000
Result Accepted

3. Ordinary Resolution 3

Description 
To approve the payment of Directors' meeting allowances up to RM65,500 for the financial year ending 31 December 2020 (FYE 2019: RM64,000).
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 29 0
No. of Shares 179,598,540 0
% of Voted Shares 100.0000 0.0000
Result Accepted

4. Ordinary Resolution 4

Description 
To re-elect Dr Arjunan Subramaniam as a Director of the Company who retire pursuant to Clause 22.2 of the Company's Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 33 0
No. of Shares 185,748,440 0
% of Voted Shares 100.0000 0.0000
Result Accepted

5. Ordinary Resolution 5

Description 
To re-elect Mr Chai Woon Chew as a Director of the Company who retire pursuant to Clause 22.2 of the Company's Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 32 0
No. of Shares 185,684,120 0
% of Voted Shares 100.0000 0.0000
Result Accepted

6. Ordinary Resolution 6

Description 
To re-elect Mr Syed Hizam Alsagoff as a Director of the Company who retire pursuant to Clause 22.9 of the Company's Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 33 0
No. of Shares 185,748,440 0
% of Voted Shares 100.0000 0.0000
Result Accepted

7. Ordinary Resolution 7

Description 
To re-elect Mr Yong Voon Kar as a Director of the Company who retire pursuant to Clause 22.9 of the Company's Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 33 0
No. of Shares 185,748,440 0
% of Voted Shares 100.0000 0.0000
Result Accepted

8. Ordinary Resolution 8

Description 
To re-appoint Messrs Ernst & Young PLT as auditors of the Company until the conclusion of the next annual general meeting and to authorize the Board of Directors to fix their remuneration.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 33 0
No. of Shares 185,748,440 0
% of Voted Shares 100.0000 0.0000
Result Accepted

9. Ordinary Resolution 9

Description 
To retain Dr Arjunan Subramaniam, who has served as an Independent Non-Executive Director of the Company for more than twelve (12) years, to continue in office as an Independent Non-Executive Director of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 33 0
No. of Shares 185,748,440 0
% of Voted Shares 100.0000 0.0000
Result Accepted

10. Ordinary Resolution 10

Description 
To retain Mr Lau Nai Pek, who has served as an Independent Non-Executive Director of the Company for a cumulative term of nine (9) years, to continue in office as an Independent Non-Executive Director of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 33 0
No. of Shares 185,748,440 0
% of Voted Shares 100.0000 0.0000
Result Accepted

11. Ordinary Resolution 11

Description 
Proposed renewal of and new Shareholder Mandate for recurrent related party transactions of a revenue or trading nature.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 32 0
No. of Shares 134,068,440 0
% of Voted Shares 100.0000 0.0000
Result Accepted

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