[MSC] General Meeting on 26-May-2023

Stock
[MSC]: MALAYSIA SMELTING CORPORATION
Announcement Date
27-Apr-2023
Reference No.
GMA-18042023-00032
Corporate Action ID
MY230418MEET0032
Type
General Meeting
Date & Time
26-May-2023 11:00
Depositor Date
19-May-2023
Venue
Grand Suite, Level 7, Hilton Kuala Lumpur,3 Jalan Stesen Sentral,50470 Kuala Lumpur,MY
Description
Malaysia Smelting Corporation Berhad Forty-Fourth (44th) Annual General Meeting
MSC AR2022_Notice Booklet.pdf
Outcome

The Board of Directors of Malaysia Smelting Corporation Berhad ("MSC") wishes to announce that all resolutions tabled at the 44th Annual General Meeting of MSC held at Grand Suite, Level 7, Hilton Kuala Lumpur, 3 Jalan Stesen Sentral, 50470 Kuala Lumpur, Malaysia on Friday, 26 May 2023were 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 26 May 2023.

Voting Results

1. Ordinary Resolution 1

Description 
To approve the payment of a First and Final Single-Tier Dividend of RM0.07 per share in respect of the financial year ended 31 December 2022.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 62 0
No. of Shares 235,513,443 0
% of Voted Shares 100.0000 0.0000
Result Accepted

2. Ordinary Resolution 2

Description 
To approve the payment of additional Directors' Fees and Benefits of RM193,073.00 to Non-Executive Directors from 28 May 2022 until the AGM of the Company held in year 2023.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 62 0
No. of Shares 235,513,443 0
% of Voted Shares 100.0000 0.0000
Result Accepted

3. Ordinary Resolution 3

Description 
To approve the payment of Directors' Fees and Benefits of up to RM855,000.00 from 27 May 2023 until the next AGM of the Company to be held in year 2024.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 62 0
No. of Shares 235,513,443 0
% of Voted Shares 0.0000 0.0000
Result Accepted

4. Ordinary Resolution 4

Description 
To re-elect Ms. Chew Gek Khim PJG 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 61 1
No. of Shares 235,502,743 10,700
% of Voted Shares 99.9955 0.0045
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 62 0
No. of Shares 235,513,443 0
% of Voted Shares 100.0000 0.0000
Result Accepted

6. Ordinary Resolution 6

Description 
To re-appoint 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 62 0
No. of Shares 235,513,443 0
% of Voted Shares 100.0000 0.0000
Result Accepted

7. Ordinary Resolution 7

Description 
Authority 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 48 14
No. of Shares 225,923,443 9,590,000
% of Voted Shares 95.9280 4.0720
Result Accepted

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