[BERTAM] General on 23-Jul-2020

Stock
[BERTAM]: BERTAM ALLIANCE BHD
Announcement Date
30-Jun-2020
Type
General
Date & Time
23-Jul-2020 09:00
Depositor Date
14-Jul-2020
Venue
Living Hall 1, 1st Floor, Livingston Hotel - Sandakan, Jalan Utara, Mile 4, 90000 Sandakan, Sabah
Description
Notice of the Twenty-Sixth (26th) Annual General Meeting
Bertam Alliance Berhad - Notice of 26th AGM.pdf
Outcome

The Board of Directors of Bertam Alliance Berhad ("Bertam" or "Company") wishes to announce that, save for Ordinary Resolution 4 in respect of the re-election of Mr Liu Shenghui, all resolutions set out in the Notice of the Twenty-SixthAnnual General Meeting ("26th AGM") dated 30 June 2020were duly passed by the shareholders of the Company by way of poll at the 26th AGM of the Company held today, 23 July 2020.

The results of the poll were validated by Mr Chin Huan Ran, the Independent Scrutineer appointed by the Company.

This annoucement is dated 23 July 2020.

Voting Results

1. Ordinary Resolution 1

Description 
To approve the payment of Directors' fees and other benefits payable of up to RM396,000 to be divided amongst the Directors in such manner as the Directors may determine for the period commencing from the conclusion of the 26th AGM until the conclusion of the next AGM of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 16 2
No. of Shares 89,351,100 28,920,000
% of Voted Shares 75.5477 24.4523
Result Accepted

2. Ordinary Resolution 2

Description 
To re-elect Datuk Mohamed Arsad Bin Sehan who is retiring by rotation in accordance with Clause 105(1) of the Company's Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 16 2
No. of Shares 89,351,100 28,920,000
% of Voted Shares 75.5477 24.4523
Result Accepted

3. Ordinary Resolution 3

Description 
To re-elect Mr Koo Jenn Man who is retiring by rotation in accordance with Clause 105(1) of the Company's Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 16 2
No. of Shares 89,351,100 28,920,000
% of Voted Shares 75.5477 24.4523
Result Accepted

4. Ordinary Resolution 4

Description 
To re-elect Mr Liu Shenghui as Director who retires in accordance with Clause 114 of the Companys Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 2 17
No. of Shares 28,920,000 97,654,200
% of Voted Shares 22.8483 77.1517
Result Rejected

5. Ordinary Resolution 5

Description 
To re-appoint Messrs. PKF as Auditors of the Company until the conclusion of the next AGM and to authorise the Directors to fix their remuneration.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 16 0
No. of Shares 89,351,100 0
% of Voted Shares 100.0000 0.0000
Result Accepted

6. Ordinary Resolution 6

Description 
Authority to issue and allot shares pursuant to Section 75 and 76 of the Companies Act, 2016.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 17 1
No. of Shares 114,964,500 3,306,600
% of Voted Shares 97.2042 2.7958
Result Accepted

7. Ordinary Resolution 7

Description 
Proposed renewal of shareholders' mandate for recurrent related party transactions of a revenue of trading nature.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 6 0
No. of Shares 37,197,400 0
% of Voted Shares 100.0000 0.0000
Result Accepted

8. Ordinary Resolution 8

Description 
Proposed renewal of authority for the Company to purchase its own shares.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 16 2
No. of Shares 89,351,100 28,920,000
% of Voted Shares 75.5477 24.4523
Result Accepted

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