[SAM] General on 24-Aug-2021

Stock
[SAM]: SAM ENGINEERING & EQUIPMENT
Announcement Date
23-Jul-2021
Type
General
Date & Time
24-Aug-2021 10:00
Depositor Date
17-Aug-2021
Venue
Online Meeting Platform/Venue: Securities Services e-Portal https://sshsb.net.my/login.aspx (Domain Registration No. with MyNIC Berhad: D4A004360) at Level 7, Menara Milenium, Jalan Damanlela, Pusat Bandar Damansara, Damansara Heights, 50490 Kuala Lumpur, W.P
Description
SAM Engineering & Equipment (M) Berhad - Notice of Twenty-Seventh Annual General Meeting ("27th AGM") to be held on a fully virtual basis via the Online Meeting Platform hosted on Securities Services e-Portal at https://sshsb.net.my/login.aspx
SAMEE_Notice of 27th AGM.pdf
Outcome

SAM Engineering & Equipment (M) Berhad ("SAMEE" or "the Company") is pleased to announce that all the resolutions as set out in the Notice of the Twenty-Seventh Annual General Meeting ("27thAGM") of the Company dated 26July2021 were duly passed by way of poll.

The results of the poll were verified by Commercial Quest Sdn. Bhd., the Independent Scrutineer appointed by the Company.

The details of the poll results for Ordinary Resolution 8 and 9which was voted through two-tier voting process is as follows: -

Resolution Description Shareholders' Action
Voted No. Shareholders No. Shares % of Voted Shares Results
Ordinary Resolution 8 (Tier 1) Mandate to retain Dato' Seri Wong Siew Hai who has served as Independent Non-Executive Director of the Company for a cumulative term of more than twelve (12) years, to continue to act as an Independent Non-Executive Director of the Company. For Voting For 1 96,835,226 100.0000% Carried
Against 0 0 0%
Ordinary Resolution 8 (Tier 2) Mandate to retain Dato' Seri Wong Siew Hai who has served as Independent Non-Executive Director of the Company for a cumulative term of more than twelve (12) years, to continue to act as an Independent Non-Executive Director of the Company. For Voting For 96 1,792,915 74.4221% Carried
Against 7 616,200 25.5779%
Ordinary Resolution 9 (Tier 1) Mandate to retain Mr. Lee Hock Chye who has served as Independent Non-Executive Director of the Company for a cumulative term of more than twelve (12) years, to continue to act as an Independent Non-Executive Director of the Company. For Voting For 1 96,835,226 100.0000% Carried
Against 0 0 0%
Ordinary Resolution 9 (Tier 2) Mandate to retain Mr. Lee Hock Chye who has served as Independent Non-Executive Director of the Company for a cumulative term of more than twelve (12) years, to continue to act as an Independent Non-Executive Director of the Company. For Voting For 95 1,914,615 75.6073% Carried
Against 8 617,700 24,3927%

This announcement is dated 24 August 2021.

Voting Results

1. Ordinary Resolution 1

Description 
To re-elect Dato Seri Wong Siew Hai who retires in accordance with Regulation 95 of the Company's Constitution and being eligible, offers himself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 99 6
No. of Shares 98,628,969 616,100
% of Voted Shares 99.3792 0.6208
Result Accepted

2. Ordinary Resolution 2

Description 
To re-elect Mr. Lee Hock Chye who retires in accordance with Regulation 95 of the Company's Constitution and being eligible, offers himself for re-election
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 98 8
No. of Shares 98,750,669 618,800
% of Voted Shares 99.3773 0.6227
Result Accepted

3. Ordinary Resolution 3

Description 
To approve the payment of Directors fee payable to each Director, as applicable, for the
period from the conclusion of this AGM until the next AGM of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 102 5
No. of Shares 99,990,634 101,035
% of Voted Shares 99.8991 0.1009
Result Accepted

4. Ordinary Resolution 4

Description 
To approve the payment of benefits (excluding Directors fee), payable to each Director, as applicable, for the period from the conclusion of this AGM until next AGM of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 99 7
No. of Shares 99,989,133 102,036
% of Voted Shares 99.8981 0.1019
Result Accepted

5. Ordinary Resolution 5

Description 
To re-appoint Messrs. KPMG PLT as Auditors of the Company, to hold office until the conclusion of the next AGM, at a remuneration to be determined by the Directors.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 102 3
No. of Shares 100,079,519 8,400
% of Voted Shares 99.9916 0.0084
Result Accepted

6. Ordinary Resolution 6

Description 
Authority to issue and allot shares
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 99 7
No. of Shares 99,986,667 104,502
% of Voted Shares 99.8956 0.1044
Result Accepted

7. Ordinary Resolution 7

Description 
Proposed Renewal of Existing Shareholders Mandate for Recurrent Related Party Transactions ("RRPT").
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 103 2
No. of Shares 2,473,409 1,701
% of Voted Shares 99.9313 0.0687
Result Accepted

8. Ordinary Resolution 8

Description 
Mandate to retain Dato' Seri Wong Siew Hai who has served as Independent Non-Executive Director of the Company for a cumulative term of more than twelve (12) years, to continue to act as an Independent Non-Executive Director of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 97 7
No. of Shares 98,628,141 616,200
% of Voted Shares 99.3791 0.6209
Result Accepted

9. Ordinary Resolution 9

Description 
Mandate to retain Mr. Lee Hock Chye who has served as Independent Non-Executive Director of the Company for a cumulative term of more than twelve (12) years, to continue to act as an Independent Non-Executive Director of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 96 8
No. of Shares 98,749,841 617,700
% of Voted Shares 99.3784 0.6216
Result Accepted

10. Special Resolution (Resolution 10)

Description 
Proposed Amendments to the Constitution of the Company
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 105 1
No. of Shares 100,091,168 1
% of Voted Shares 100.0000 0.0000
Result Accepted

Remark
-
Market Buzz

2024-04-24

Forum

2 New Comments

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