We wish to announce that all resolutions set out in the Notice of the 58th Annual General Meeting of Southern Steel Berhad ("the Company") held on 23 November 2020 were duly passed by way of a poll. The results of the poll were duly verified by Boardroom Corporate Services Sdn Bhd, the Independent Scrutineer appointed by the Company.
This announcement is dated 23 November 2020.
Voting Results |
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1. Ordinary Resolution 1 |
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Description |
To approve the payment of Director Fees of RM500,000/- (2019: RM650,000/-) for the financial year ended 30 June 2020 to be divided amongst the Directors in such manner as the Directors may determine and Directors' Other Benefits of up to an amount of RM43,000/- from the Fifty-eighth Annual General Meeting ("AGM") to the Fifty-ninth AGM of the Company. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 45 | 3 |
No. of Shares | 494,148,611 | 32,319 |
% of Voted Shares | 99.9935 | 0.0065 |
Result | Accepted | |
2. Ordinary Resolution 2 |
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Description |
To re-appoint KPMG PLT as Auditors of the Company and to authorise the Directors to fix their remuneration. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 49 | 0 |
No. of Shares | 494,182,930 | 0 |
% of Voted Shares | 100.0000 | 0.0000 |
Result | Accepted | |
3. Ordinary Resolution 3 |
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Description |
To approve the re-election of Mr Ang Kong Hua as a Director and his continuation in office as an Independent Non-Executive Director |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 46 | 2 |
No. of Shares | 494,144,130 | 34,800 |
% of Voted Shares | 99.9930 | 0.0070 |
Result | Accepted | |
4. Ordinary Resolution 4 |
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Description |
To approve the Authority To Directors To Allot Shares |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 49 | 0 |
No. of Shares | 494,182,930 | 0 |
% of Voted Shares | 100.0000 | 0.0000 |
Result | Accepted | |
5. Ordinary Resolution 5 |
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Description |
To approve the Proposed Renewal Of Shareholders' Mandate For Recurrent Related Party Transactions Of A Revenue Or Trading Nature With Hong Leong Company (Malaysia) Berhad ("HLCM") And Persons Connected With HLCM |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 46 | 0 |
No. of Shares | 76,946,284 | 0 |
% of Voted Shares | 100.0000 | 0.0000 |
Result | Accepted | |
6. Ordinary Resolution 6 |
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Description |
To approve the Proposed Renewal Of Shareholders' Mandate For Recurrent Related Party Transactions Of A Revenue Or Trading Nature With Su Hock Company Sdn Berhad And Its Subsidiary |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 39 | 0 |
No. of Shares | 427,743,512 | 0 |
% of Voted Shares | 100.0000 | 0.0000 |
Result | Accepted | |
7. Ordinary Resolution 7 |
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Description |
To approve the Proposed Renewal Of Shareholders' Mandate For Recurrent Related Party Transactions Of A Revenue Or Trading Nature With Hong Bee Hardware Company, Sdn Berhad And Its Subsidiary |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 45 | 0 |
No. of Shares | 485,570,192 | 0 |
% of Voted Shares | 100.0000 | 0.0000 |
Result | Accepted | |
8. Ordinary Resolution 8 |
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Description |
To approve the Proposed Renewal Of Shareholders' Mandate For Recurrent Related Party Transactions Of A Revenue Or Trading Nature With Hong Leong Investment Holdings Pte. Ltd. ("HLIH") And Persons Connected With HLIH |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 49 | 0 |
No. of Shares | 494,182,930 | 0 |
% of Voted Shares | 100.0000 | 0.0000 |
Result | Accepted | |