The Board of Directors of Straits Energy Resources Berhad ("Straits" or "the Company”)wishes toannouncethat the Audited Financial Statements for the financial year ended 31 December 2022and the Reports of the Directors and Auditors thereon were duly tabled and receivedat the 26thAnnual General Meeting (“AGM”) of the Company held today under Agenda 1 as set out in the Notice of the 26th AGM dated 28 April 2023.
The Boardalsowishes to announce that all the resolutionsas set out in the Notice of the 26thAGM dated 28 April 2023 and Notice of Additional Resolution dated 25 May 2023 have beenpassed by the shareholders at the 26th AGM held today.
The voting in respect of all the resolutions were carried out by way of poll and the results were validated by Asia Securities Sdn. Berhad, the independent scrutineer appointed by the Company.
Please refer to the attachment for the results of the poll as validated by the independent scrutineer.
This announcement is dated 15 June 2023.
Voting Results |
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1. Ordinary Resolution 1 |
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Description |
To re-elect Y.A.M Dato' Seri Tengku Baharuddin Ibni Al-Marhum Sultan Mahmud Al-Muktafi Billah Shah as Director of the Company who retire in accordance with Clause 21.6 of the Constitution of the Company. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 737 | 56 |
No. of Shares | 442,044,015 | 769,226 |
% of Voted Shares | 99.8263 | 0.1737 |
Result | Accepted | |
2. Ordinary Resolution 2 |
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Description |
To re-elect Dato' Sri Ho Kam Choy as Director of the Company who retire in accordance with Clause 21.6 of the Constitution of the Company. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 733 | 58 |
No. of Shares | 348,455,811 | 766,430 |
% of Voted Shares | 99.7805 | 0.2195 |
Result | Accepted | |
3. Ordinary Resolution 3 |
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Description |
To re-elect Mr. Leong Fook Heng as Director of the Company who retire in accordance with Clause 21.6 of the Constitution of the Company. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 736 | 58 |
No. of Shares | 442,046,812 | 766,430 |
% of Voted Shares | 99.8269 | 0.1731 |
Result | Accepted | |
4. Ordinary Resolution 4 |
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Description |
To re-elect Dato' Yoong Leong Yan as Director of the Company who retire in accordance with Clause 21.10 of the Constitution of the Company. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 738 | 55 |
No. of Shares | 442,047,013 | 766,228 |
% of Voted Shares | 99.8270 | 0.1730 |
Result | Accepted | |
5. Ordinary Resolution 5 |
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Description |
To re-elect Datin Ng Fong Shiang as Director of the Company who retire in accordance with Clause 21.10 of the Constitution of the Company. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 738 | 55 |
No. of Shares | 442,046,814 | 766,427 |
% of Voted Shares | 99.8269 | 0.1731 |
Result | Accepted | |
6. Ordinary Resolution 6 |
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Description |
To re-elect Mr. Leong Kok Chaw as Director of the Company who retire in accordance with Clause 21.10 of the Constitution of the Company. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 736 | 57 |
No. of Shares | 442,046,812 | 766,429 |
% of Voted Shares | 99.8269 | 0.1731 |
Result | Accepted | |
7. Ordinary Resolution 7 |
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Description |
To approve the payment of Directors Fee up to an amount of RM488,000 for the period from 1 July 2023 until 30 June 2024. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 704 | 88 |
No. of Shares | 438,191,656 | 4,621,584 |
% of Voted Shares | 98.9563 | 1.0437 |
Result | Accepted | |
8. Ordinary Resolution 8 |
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Description |
To approve the payment of Directors Benefits to the Non-Executive Directors up to an amount of RM310,000 for the period from 1 July 2023 until 30 June 2024 |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 703 | 90 |
No. of Shares | 438,191,456 | 4,621,785 |
% of Voted Shares | 98.9563 | 1.0437 |
Result | Accepted | |
9. Ordinary Resolution 9 |
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Description |
To re-appoint Messrs. Moore Stephens Associates PLT as Auditors of the Company for the financial year ending 31 December 2023 and to authorise the Directors to fix their remuneration. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 736 | 56 |
No. of Shares | 440,812,414 | 2,000,826 |
% of Voted Shares | 99.5482 | 0.4518 |
Result | Accepted | |
10. Ordinary Resolution 10 |
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Description |
Authority to Issue Shares Pursuant to Sections 75 and 76 of the Companies Act, 2016 |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 729 | 63 |
No. of Shares | 441,916,314 | 896,926 |
% of Voted Shares | 99.7974 | 0.2026 |
Result | Accepted | |
11. Ordinary Resolution 11 |
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Description |
Proposed Renewal of Existing 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 | 737 | 56 |
No. of Shares | 405,242,676 | 780,128 |
% of Voted Shares | 99.8079 | 0.1921 |
Result | Accepted | |
12. Ordinary Resolution 12 |
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Description |
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 | 736 | 57 |
No. of Shares | 437,032,914 | 780,328 |
% of Voted Shares | 99.8218 | 0.1782 |
Result | Accepted | |