On behalf of the Board of Directors of Muhibbah Engineering (M) Berhad ("MEB"), we are pleased to announce that at the Forty-Seventh Annual General Meeting ("47th AGM") of MEBheld on 10 September 2020, the shareholders of MEBhad approved all the resolutions referred to in the Notice of 47th AGM dated 13August2020.
All the resolutions were determined by way of poll and the results of the poll were validated by Cygnus IT Solutions PLT, the Independent Scrutineer appointed by the Company.
This announcement is dated 10 September 2020.
Voting Results |
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1. Ordinary Resolution 1 |
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Description |
To approve the declaration of a first and final tax exempt dividend of 2.5 sen per ordinary share. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 186 | 3 |
No. of Shares | 277,240,738 | 10,701 |
% of Voted Shares | 99.9961 | 0.0039 |
Result | Accepted | |
2. Ordinary Resolution 2 |
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Description |
To re-elect Mr Mac Ngan Boon @ Mac Yin Boon as Director of the Company. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 169 | 14 |
No. of Shares | 202,163,999 | 876,124 |
% of Voted Shares | 99.5685 | 0.4315 |
Result | Accepted | |
3. Ordinary Resolution 3 |
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Description |
To re-elect Dato' Mohamad Kamarudin bin Hassan as Director of the Company. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 167 | 16 |
No. of Shares | 263,505,210 | 28,724 |
% of Voted Shares | 99.9891 | 0.0109 |
Result | Accepted | |
4. Ordinary Resolution 4 |
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Description |
To re-elect Encik Mazlan Bin Abdul Hamid as Director of the Company. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 160 | 23 |
No. of Shares | 260,056,871 | 2,977,068 |
% of Voted Shares | 98.8682 | 1.1318 |
Result | Accepted | |
5. Ordinary Resolution 5 |
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Description |
To approve the payment of directors' fees and benefits payable of up to RM2,500,000 from 11 September 2020 until the next Annual General Meeting. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 156 | 29 |
No. of Shares | 277,211,609 | 31,830 |
% of Voted Shares | 99.9885 | 0.0115 |
Result | Accepted | |
6. Ordinary Resolution 6 |
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Description |
To re-appoint Messrs Crowe Malaysia PLT as the Company's Auditors and to authorise the Directors to fix their remuneration. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 181 | 7 |
No. of Shares | 277,247,735 | 1,904 |
% of Voted Shares | 99.9993 | 0.0007 |
Result | Accepted | |
7. Ordinary Resolution 7 (First Tier) |
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Description |
To retain Tan Sri Zakaria bin Abdul Hamid as an Independent Non-Executive Director of the Company. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 4 | 0 |
No. of Shares | 74,201,416 | 0 |
% of Voted Shares | 100.0000 | 0.0000 |
Result | Accepted | |
8. Ordinary Resolution 7 (Second Tier) |
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Description |
To retain Tan Sri Zakaria bin Abdul Hamid as an Independent Non-Executive Director of the Company. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 143 | 41 |
No. of Shares | 123,902,838 | 79,145,385 |
% of Voted Shares | 61.0214 | 38.9786 |
Result | Accepted | |
9. Ordinary Resolution 8 (First Tier) |
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Description |
To retain Encik Abd Hamid bin Ibrahim as an Independent Non-Executive Director of the Company. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 4 | 0 |
No. of Shares | 74,201,416 | 0 |
% of Voted Shares | 100.0000 | 0.0000 |
Result | Accepted | |
10. Ordinary Resolution 8 (Second Tier) |
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Description |
To retain Encik Abd Hamid bin Ibrahim as an Independent Non-Executive Director of the Company. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 142 | 42 |
No. of Shares | 112,603,338 | 90,444,885 |
% of Voted Shares | 55.4565 | 44.5435 |
Result | Accepted | |
11. Ordinary Resolution 9 |
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Description |
To authorise the Directors to issue and allot shares pursuant to Section 75 of the Companies Act, 2016. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 161 | 26 |
No. of Shares | 231,616,535 | 23,919,404 |
% of Voted Shares | 90.6395 | 9.3605 |
Result | Accepted | |
12. Ordinary Resolution 10 |
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Description |
To approve the Proposed Renewal of Authority for Share Buy-Back. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 176 | 12 |
No. of Shares | 276,781,625 | 469,804 |
% of Voted Shares | 99.8305 | 0.1695 |
Result | Accepted | |
13. Ordinary Resolution 11 |
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Description |
To approve the Proposed Renewal of the Existing Shareholders Mandate and Proposed New Shareholders Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 162 | 14 |
No. of Shares | 175,942,519 | 23,004 |
% of Voted Shares | 99.9869 | 0.0131 |
Result | Accepted | |