[MFLOUR] General Meeting on 16-May-2024

Announcement Date
16-Apr-2024
Reference No.
GMA-15042024-00007
Corporate Action ID
MY240415MEET0007
Type
General Meeting
Date & Time
16-May-2024 10:00
Depositor Date
09-May-2024
Venue
Suite 25.01, Level 25, Menara Citibank 165 Jalan Ampang 50450 Kuala Lumpur
Description
Notice of 64th Annual General Meeting ("AGM") The 64th AGM will be conducted on a virtual basis from its Broadcast Venue. The Remote Participation & Electronic Voting facilities will be made available at the AGM.
Notice of 64th Annual General Meeting.pdf
Outcome

The Board of Directors of Malayan Flour Mills Berhad ("MFM" or "the Company") wishes to announce that all the resolutions set out in the Notice of Sixty-FourthAnnual General Meeting ("64th AGM") dated 17April 2024and tabled at the 64thAGM of the Company held today, 16May 2024were duly passed.

The Audited Financial Statements of the Company for the financial year ended 31 December 2023and the Directors' and Auditors' Reports thereon were received and duly tabled at the 64thAGM under Agenda 1.

Resolutions 1 to 8were voted on a poll via the Remote Participation and Electronic Voting facilities (Boardroom Smart Investor Portal at https://meeting.boardroomlimited.my) in accordance with Paragraph 8.29A of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad.

The 64thAGM was conducted virtually at the Broadcast Venue. The results were validated by Boardroom Corporate Services Sdn Bhd, the Independent Scrutineer appointed by MFM.

Please refer to the attachmentfor thepoll results.

This announcement is dated 16 May 2024.

Voting Results


1. Ordinary Resolution 1

Description
To re-elect Mr Quah Poh Keat, who retires by rotation in accordance with Clause 132 of the Constitution of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 555 96
No. of Shares 625,455,617 180,158
% of Voted Shares 99.9712 0.0288
Result Accepted

2. Ordinary Resolution 2

Description
To re-elect Datin Paduka Setia Dato Dr. Aini binti Ideris, who retires by rotation in accordance with Clause 132 of the Constitution of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 537 114
No. of Shares 596,873,915 28,761,860
% of Voted Shares 95.4028 4.5972
Result Accepted

3. Ordinary Resolution 3

Description
To re-elect Mr Lim Pang Boon, who retires by rotation in accordance with Clause 132 of the Constitution of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 551 100
No. of Shares 624,091,098 1,544,677
% of Voted Shares 99.7531 0.2469
Result Accepted

4. Ordinary Resolution 4

Description
To approve the payment of Directors' fees amounting to RM264,000 per annum for the Non-Executive Chairman and RM132,000 per annum for each of the Non-Executive Directors in respect of the financial year ended 31 December 2023.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 513 137
No. of Shares 625,175,656 460,054
% of Voted Shares 99.9265 0.0735
Result Accepted

5. Ordinary Resolution 5

Description
To approve an amount of up to RM350,000 as benefits payable to the Non-Executive Directors for the period from the conclusion of the 64th AGM until the conclusion of the next AGM of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 501 149
No. of Shares 625,121,107 514,603
% of Voted Shares 99.9177 0.0823
Result Accepted

6. Ordinary Resolution 6

Description
To re-appoint Messrs KPMG PLT as Auditors of the Company for the financial year ending 31 December 2024 and to authorise the Directors to fix their remuneration.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 569 81
No. of Shares 625,041,859 108,916
% of Voted Shares 99.9826 0.0174
Result Accepted

7. Ordinary Resolution 7

Description
Authority to Directors 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 530 121
No. of Shares 590,990,003 34,645,772
% of Voted Shares 94.4623 5.5377
Result Accepted

8. Ordinary Resolution 8

Description
Proposed Renewal of Authority for Share Buy-back.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 557 94
No. of Shares 625,314,308 321,467
% of Voted Shares 99.9486 0.0514
Result Accepted

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