[MSC] General on 02-Sep-2020

Stock
[MSC]: MALAYSIA SMELTING CORPORATION
Announcement Date
03-Aug-2020
Type
General
Date & Time
02-Sep-2020 10:30
Depositor Date
26-Aug-2020
Venue
Meeting Room, Unit 15-12, Level 15, West Wing, Q Sentral, 2A, Jalan Stesen 2, KL Sentral, 50470 Kuala Lumpur
Description
Notice of the Forty-First Annual General Meeting ("41st AGM") The 41st AGM of Malaysia Smelting Corporation Berhad will be held FULLY VIRTUAL at the Broadcast Venue.
MSC - 41st AGM Notice and Administrative Guide.pdf
Outcome

The Board of Directors of Malaysia Smelting Corporation Berhad ("MSC") wishes to announce that all resolutions tabled at the 41stAnnual General Meeting of MSC held FULLY VIRTUAL at the Broadcast Venue on 2 September 2020 were duly passed by the shareholders.

The voting in respect of the resolutions was carried out by way of poll and the results were validated by theindependent scrutineer, USearch Management Services as appointed by MSC. Details of the said results are set out in the attachment.

This announcement is dated 2 September 2020.

Voting Results

1. Ordinary Resolution 1

Description 
To approve the payment of a First and Final Single-Tier Dividend of RM0.02 per share in respect of the financial year ended 31 December 2019.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 23 1
No. of Shares 219,071,000 30,000
% of Voted Shares 99.9863 0.0137
Result Accepted

2. Ordinary Resolution 2

Description 
To approve the payment of Directors Fees and Benefits of up to RM480,000.00 for the financial year ended 31 December 2019.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 18 5
No. of Shares 218,929,200 32,800
% of Voted Shares 99.9850 0.0150
Result Accepted

3. Ordinary Resolution 3

Description 
To approve the payment of Directors Fees and Benefits of up to RM675,000.00 from 1 January 2020 until the next AGM of the Company to be held in year 2021.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 17 5
No. of Shares 218,919,200 32,800
% of Voted Shares 99.9850 0.0150
Result Accepted

4. Ordinary Resolution 4

Description 
To re-elect Ms. Chew Gek Khim as Director of the Company who is retiring pursuant to Clause 102 of the Constitution of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 23 1
No. of Shares 219,089,000 12,000
% of Voted Shares 99.9945 0.0055
Result Accepted

5. Ordinary Resolution 5

Description 
To re-elect Mr. John Mathew A/L Mathai as Director of the Company who is retiring pursuant to Clause 102 of the Constitution of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 24 0
No. of Shares 219,101,000 0
% of Voted Shares 100.0000 0.0000
Result Accepted

6. Ordinary Resolution 6

Description 
To re-appoint Messrs Ernst & Young 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 23 0
No. of Shares 219,091,000 0
% of Voted Shares 100.0000 0.0000
Result Accepted

7. Ordinary Resolution 7

Description 
To authorise the Directors to allot and issue shares pursuant to Sections 75 and 76 of the Companies Act 2016.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 22 1
No. of Shares 219,090,800 200
% of Voted Shares 99.9999 0.0001
Result Accepted

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