The Board of Directors of IBRACO BERHAD are pleased to announce that all resolutions as set out in the Amended Notice of the Forty-Ninth Annual General Meeting (“49 AGM”) dated 30 July, 2021 were duly passed by way of poll at the AGM held on Friday, 27 August, 2021.
The results were validated by Commercial Quest Sdn. Bhd. (Registration No. 199401025328 (311007-M), the Independent Scrutineer appointed by the Company.
This announcement is dated 27 August, 2021.
Voting Results |
||
1. Resolution No. 1 |
||
Description |
To approve the payment of Directors fees of up to RM1,000,000 and benefits payable to the Directors up to an aggregate amount of RM60,000 from 1 January 2021 until the next AGM of the Company. |
|
Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 17 | 0 |
No. of Shares | 155,283,012 | 0 |
% of Voted Shares | 100.0000 | 0.0000 |
Result | Accepted | |
2. Resolution No. 2 |
||
Description |
To re-elect Mr. Ng Cheng Chuan who is retiring by rotation in accordance with Article 93 of the Company's Constitution. |
|
Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 17 | 0 |
No. of Shares | 155,283,012 | 0 |
% of Voted Shares | 100.0000 | 0.0000 |
Result | Accepted | |
3. Resolution No. 3 |
||
Description |
To re-elect YBhg. Datuk (Dr.) Philip Ting Ding Ing who is retiring by rotation in accordance with Article 93 of the Company's Constitution. |
|
Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 16 | 0 |
No. of Shares | 153,657,892 | 0 |
% of Voted Shares | 100.0000 | 0.0000 |
Result | Accepted | |
4. Resolution No. 4 |
||
Description |
To re-elect Mr. Guido Paul Philip Joseph Ravelli who is retiring by rotation in accordance with Article 93 of the Company's Constitution. |
|
Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 17 | 0 |
No. of Shares | 155,283,012 | 0 |
% of Voted Shares | 100.0000 | 0.0000 |
Result | Accepted | |
5. Resolution No. 5 |
||
Description |
To re-appoint Messrs. Ernst & Young PLT as the Auditors of the Company until the conclusion of the next AGM and to authorise the Directors to determine their remuneration. |
|
Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 17 | 0 |
No. of Shares | 155,283,012 | 0 |
% of Voted Shares | 100.0000 | 0.0000 |
Result | Accepted | |
6. Resolution No. 6 |
||
Description |
THAT approval be and is hereby given to YBhg. Datuk (Dr.) Philip Ting Ding Ing (subject to the passing of Resolution No. 3) who has served as an Independent Non-Executive Director of the Company for a cumulative term of more than nine years to continue to act as an Independent Non-Executive Director of the Company in accordance with the Malaysian Code on Corporate Governance. |
|
Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 16 | 0 |
No. of Shares | 153,657,892 | 0 |
% of Voted Shares | 100.0000 | 0.0000 |
Result | Accepted | |
7. Resolution No. 7 |
||
Description |
THAT approval be and is hereby given to Mr. Guido Paul Philip Joseph Ravelli (subject to the passing of Resolution No. 4) who has served as an Independent Non-Executive Director of the Company for a cumulative term of more than nine years to continue to act as an Independent Non-Executive Director of the Company in accordance with the Malaysian Code on Corporate Governance. |
|
Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 17 | 0 |
No. of Shares | 155,283,012 | 0 |
% of Voted Shares | 100.0000 | 0.0000 |
Result | Accepted | |
8. Resolution No. 8 |
||
Description |
THAT approval be and is hereby given to Mr Ng Kee Tiong who has served as an Independent Non-Executive Director of the Company for a cumulative term of more than nine years to continue to act as an Independent Non-Executive Director of the Company in accordance with the Malaysian Code on Corporate Governance. |
|
Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 17 | 0 |
No. of Shares | 155,283,012 | 0 |
% of Voted Shares | 100.0000 | 0.0000 |
Result | Accepted | |
9. Resolution No. 9 |
||
Description |
Authority to Allot and Issue Shares Pursuant to Sections 75 & 76 of the Companies Act 2016. |
|
Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 17 | 0 |
No. of Shares | 155,283,012 | 0 |
% of Voted Shares | 100.0000 | 0.0000 |
Result | Accepted | |
10. Resolution No. 10 |
||
Description |
Proposed Renewal of Shareholders Mandate for Recurrent Related Party Transactions of A Revenue or Trading Nature. |
|
Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 17 | 0 |
No. of Shares | 155,283,012 | 0 |
% of Voted Shares | 100.0000 | 0.0000 |
Result | Accepted | |