[FIBON] General Meeting on 29-Oct-2024

Stock
[FIBON]: FIBON BERHAD
Announcement Date
26-Sep-2024
Reference No.
GMA-26092024-00016
Corporate Action ID
MY240926MEET0016
Type
General Meeting
Date & Time
29-Oct-2024 10:00
Depositor Date
22-Oct-2024
Venue
Fully virtual meeting Live streaming via Remote Participation and Voting Facilities using Vote2U at https://web.vote2u.my provided by Agmo Digital Solutions Sdn. Bhd. (Domain Registration No. with MYNIC-D6A471702)
Description
Fibon Berhad - Notice of Seventeenth (17th) Annual General Meeting
admin guide_merged.pdf
Outcome

The Board of Directors of Fibon Berhad ("FIBON" or "the Company") wishes to announce that the shareholders of the Company have approved all the resolutions as set out in the Notice of theSeventeenthAnnual General Meeting ("17th AGM") dated27 September 2024 held on Tuesday, 29October 2024.

All the Resolutions were voted by poll at the 17th AGM and the results were validated by Aegis Communication Sdn. Bhd., the Independent Scrutineers appointed by the Company.

The details of the poll results are set out below.

This announcement is dated 29October 2024.

Voting Results

1. Ordinary Resolution 1

Description 
To approve the payment of a Single-Tier Final Dividend of 1.10 sen per ordinary share for the financial year ended 31 May 2024.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 38 0
No. of Shares 57,468,714 0
% of Voted Shares 100.0000 0.0000
Result Accepted

2. Ordinary Resolution 2

Description 
To re-elect Datuk Seri Pang Chee Khiong who retire in accordance with Clause 119 of the Companys Constitution and being eligible, has offered himself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 37 0
No. of Shares 35,908,162 0
% of Voted Shares 100.0000 0.0000
Result Accepted

3. Ordinary Resolution 3

Description 
To re-elect Datin Pang Nyuk Yin who retire in accordance with Clause 119 of the Companys Constitution and being eligible, has offered herself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 37 0
No. of Shares 54,328,714 0
% of Voted Shares 100.0000 0.0000
Result Accepted

4. Ordinary Resolution 4

Description 
To re-elect Chong Chee Siong who retire in accordance with Clause 119 of the Companys Constitution and being eligible, has offered himself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 38 0
No. of Shares 57,468,714 0
% of Voted Shares 100.0000 0.0000
Result Accepted

5. Ordinary Resolution 5

Description 
To re-appoint Messrs. BDO PLT as Auditors of the Company and authorise the Directors to fix their remuneration.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 38 0
No. of Shares 57,468,714 0
% of Voted Shares 100.0000 0.0000
Result Accepted

6. Ordinary Resolution 6

Description 
To approve the payment of Directors fees up to an amount of RM363,600.00 for the period from 30 October 2024 until the next AGM of the Company in year 2025.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 37 1
No. of Shares 57,468,713 1
% of Voted Shares 100.0000 0.0000
Result Accepted

7. Ordinary Resolution 7

Description 
To approve the payment of Directors benefits payable up to an amount of RM34,000.00 for the period from 30 October 2024 until the next AGM of the Company in year 2025.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 36 2
No. of Shares 57,468,712 2
% of Voted Shares 100.0000 0.0000
Result Accepted

8. Ordinary Resolution 8

Description 
Authority to Issue Shares pursuant to the Companies Act 2016
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 36 2
No. of Shares 57,468,613 101
% of Voted Shares 99.9998 0.0002
Result Accepted

9. Ordinary Resolution 9

Description 
Proposed Renewal of Authority for Share Buy-Back.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 37 1
No. of Shares 57,468,713 1
% of Voted Shares 100.0000 0.0000
Result Accepted

Remark
-
Market Buzz

2024-10-29

Meeting Outcome

General Meeting on 29-Oct-2024.

2024-10-29

Quarter Result

Quarter Result on 31-Aug-2024[#1] QoQ - -73.85% YoY - -79.79%.

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