[BSTEAD] General Meeting on 16-Jun-2022

Stock
[BSTEAD]: BOUSTEAD HOLDINGS BHD
Announcement Date
17-May-2022
Reference No.
GMA-13052022-00001
Corporate Action ID
MY220513MEET0001
Type
General Meeting
Date & Time
16-Jun-2022 09:30
Depositor Date
09-Jun-2022
Venue
Broadcast Venue: Royale Chulan Damansara,2 Jalan PJU 7/3, Mutiara Damansara,47810 Petaling Jaya,Selangor,MY
Description
Notice of Sixtieth Annual General Meeting
BHB - Notice AGM 2022.pdf
Outcome

The Board of Directors of Boustead Holdings Berhad ("Company") wishes to announce that all the Ordinary Resolutions as set out in the Notice of the 60th Annual General Meeting ("AGM") of the Company dated 18May 2022 were duly passed by the shareholders at the AGM of the Company, except for Resolution 2 which waswithdrawn.

In this respect, Tan Sri Abu Bakar Haji Abdullah had withdrawn their offer for re-election at the AGM of the Company. At the close of the AGM of the Company,Tan Sri Abu Bakar Haji Abdullah retired from office as Directorof the Company.

All the Resolutions were voted by poll and the results of the poll were validated by Asia Securities Sdn Bhd, the independent scrutineer appointed by the Company.

Please refer to the attachment for the poll results.

This announcement is dated 16 June 2022.

Voting Results

1. Ordinary Resolution 1

Description 
To re-elect Izaddeen Daud, who retires by rotation in accordance with Article 117 of the Company's Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 660 149
No. of Shares 1,347,884,846 3,032,233
% of Voted Shares 99.7755 0.2245
Result Accepted

2. Ordinary Resolution 2

Description 
To re-elect Tan Sri Abu Bakar Haji Abdullah, who retires by rotation in accordance with Article 117 of the Company's Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 0 0
No. of Shares 0 0
% of Voted Shares 0.0000 0.0000
Result Withdrawn/ Postponed

3. Ordinary Resolution 3

Description 
To re-elect Datuk Seri Mohd Redzuan Md Yusof, who retires in accordance with Article 123 of the Company's Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 649 159
No. of Shares 1,243,469,011 1,718,509
% of Voted Shares 99.8620 0.1380
Result Accepted

4. Ordinary Resolution 4

Description 
To re-elect Dato' Seri Rosman Mohamed, who retires in accordance with Article 123 of the Company's Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 659 150
No. of Shares 1,349,285,130 1,631,949
% of Voted Shares 99.8792 0.1208
Result Accepted

5. Ordinary Resolution 5

Description 
To re-elect Dato' Ahmad Nazim Abd Rahman, who retires in accordance with Article 123 of the Company's Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 655 154
No. of Shares 1,347,993,206 2,923,873
% of Voted Shares 99.7836 0.2164
Result Accepted

6. Ordinary Resolution 6

Description 
To re-elect Pauline Teh @ Pauline Teh Abdullah, who retires in accordance with Article 123 of the Company's Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 665 144
No. of Shares 1,349,335,044 1,582,035
% of Voted Shares 99.8829 0.1171
Result Accepted

7. Ordinary Resolution 7

Description 
To re-elect Datuk Maulizan Bujang, who retires in accordance with Article 123 of the Company's Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 656 152
No. of Shares 1,243,423,241 1,726,463
% of Voted Shares 99.8613 0.1387
Result Accepted

8. Ordinary Resolution 8

Description 
To approve payment of Directors' fees, allowances and other benefits for Boustead Holdings Berhad and its subsidiaries of up to an amount of RM2.3 million from 25 June 2021 to 30 June 2022.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 601 206
No. of Shares 1,348,815,294 2,092,788
% of Voted Shares 99.8451 0.1549
Result Accepted

9. Ordinary Resolution 9

Description 
To approve the increase in Directors' fees, allowances and other benefits for Boustead Holdings Berhad and its subsidiaries with effect from 1 July 2022 and the payment shall be made for the period from 1 July 2022 until the conclusion of the next AGM of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 591 215
No. of Shares 1,348,631,270 2,274,852
% of Voted Shares 99.8316 0.1684
Result Accepted

10. Ordinary Resolution 10

Description 
To re-appoint Messrs. Ernst & Young PLT as auditors of the Company and 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 676 137
No. of Shares 1,349,390,645 1,616,202
% of Voted Shares 99.8804 0.1196
Result Accepted

11. Ordinary Resolution 11

Description 
Authority to allot and issue shares in general pursuant to Sections 75 and 76 of the Companies Act 2016.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 631 175
No. of Shares 1,348,120,442 2,810,717
% of Voted Shares 99.7919 0.2081
Result Accepted

12. Ordinary Resolution 12

Description 
Proposed Renewal of Shareholders' Mandate for Recurrent Related Party Transactions.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 663 145
No. of Shares 144,804,317 1,678,644
% of Voted Shares 98.8540 1.4600
Result Accepted

13. Ordinary Resolution 13

Description 
Proposed Additional Shareholders' Mandate for Recurrent Related Party Transactions.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 659 149
No. of Shares 144,737,497 1,742,764
% of Voted Shares 98.8102 1.1898
Result Accepted

Remark
-
Market Buzz

2024-04-18

Blog

EPF Ceases to be Substantial Shareholder of Affin Bank

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