The Board of Directors of TSH Resources Berhad ("TSH") wishes to announce that all resolutions tabled at the 44thAnnual General Meeting of TSH held on 20 May 2024 were duly passed by the shareholders.
The voting in respect of the resolutions were carried out by way of poll and the results were validated by GovernAce Advisory & Solutions Sdn. Bhd., Independent Scrutineer appointed by TSH. Details of the said results are set out in the attachment.
The poll on Resolution 10 was carried out by way of a two-tier voting process, and the poll result is as follows:
Votes For |
Votes Against |
Results |
||||||
Ordinary Resolution 10 |
No. of Records |
No. of Shares |
% of Voted Shares |
No. of Records |
No. of Shares |
% of Voted Shares |
||
Retention of Dato’ Jasmy bin Ismail as an Independent Non-Executive Director |
Tier 1 |
4 |
342,708,887 |
100.0000 |
0 |
0 |
0.0000 |
Accepted |
Tier 2 |
213 |
327,736,804 |
96.2792 |
46 |
12,665,855 |
3.7208 |
This announcement is dated 20May 2024.
Voting Results |
||
1. Resolution 1 |
||
Description |
To approve payment of Directors' fees of RM281,077 for the financial year ended 31 December 2023. |
|
Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 230 | 41 |
No. of Shares | 683,105,604 | 123,604 |
% of Voted Shares | 99.9819 | 0.0181 |
Result | Accepted | |
2. Resolution 2 |
||
Description |
To approve payment of Directors' benefits (excluding Directors' fees) of up to an aggregate amount of RM2,200,000 from the date immediately after the 44th AGM of the Company to the date of the next annual general meeting of the Company in 2025. |
|
Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 206 | 53 |
No. of Shares | 333,712,906 | 4,815,153 |
% of Voted Shares | 98.5776 | 1.4224 |
Result | Accepted | |
3. Resolution 3 |
||
Description |
To re-elect Tan Aik Kiong who is retiring by rotation in accordance with Clause 100 of the Company's Constitution, and who being eligible, offers himself for re-election. |
|
Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 226 | 34 |
No. of Shares | 621,819,112 | 3,951,169 |
% of Voted Shares | 99.3686 | 0.6314 |
Result | Accepted | |
4. Resolution 4 |
||
Description |
To re-elect Lim Fook Hin who is retiring by rotation in accordance with Clause 100 of the Company's Constitution, and who being eligible, offers himself for re-election. |
|
Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 158 | 102 |
No. of Shares | 610,871,996 | 69,863,350 |
% of Voted Shares | 89.7371 | 10.2629 |
Result | Accepted | |
5. Resolution 5 |
||
Description |
To re-elect Yap Boon Teck who is retiring by rotation in accordance with Clause 100 of the Company's Constitution, and who being eligible, offers himself for re-election. |
|
Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 164 | 100 |
No. of Shares | 608,955,371 | 74,162,975 |
% of Voted Shares | 89.1435 | 10.8565 |
Result | Accepted | |
6. Resolution 6 |
||
Description |
To re-elect Velayuthan a/l Tan Kim Song who is retiring in accordance with Clause 97 of the Company's Constitution, and who being eligible, offers himself for re-election. |
|
Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 235 | 27 |
No. of Shares | 679,956,332 | 3,162,214 |
% of Voted Shares | 99.5371 | 0.4629 |
Result | Accepted | |
7. Resolution 7 |
||
Description |
To reappoint BDO PLT as the Companys auditors and to authorise Directors to fix their remuneration. |
|
Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 162 | 104 |
No. of Shares | 580,798,067 | 102,320,579 |
% of Voted Shares | 85.0216 | 14.9784 |
Result | Accepted | |
8. Resolution 8 |
||
Description |
Proposed Authority to Issue Shares and Waiver of Pre-Emptive Rights. |
|
Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 217 | 45 |
No. of Shares | 619,340,694 | 63,776,852 |
% of Voted Shares | 90.6639 | 9.3361 |
Result | Accepted | |
9. Resolution 9 |
||
Description |
Proposed Renewal of the Authority for Share Buy-Back. |
|
Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 237 | 25 |
No. of Shares | 683,052,387 | 64,259 |
% of Voted Shares | 99.9906 | 0.0094 |
Result | Accepted | |
10. Resolution 10 |
||
Description |
Retention of Dato' Jasmy bin Ismail as an Independent Non-Executive Director. |
|
Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 217 | 46 |
No. of Shares | 670,445,691 | 12,665,855 |
% of Voted Shares | 98.1459 | 1.8541 |
Result | Accepted | |