[KESM] General Meeting on 15-Jan-2025

Stock
[KESM]: KESM INDUSTRIES BHD
Announcement Date
24-Oct-2024
Reference No.
GMA-24102024-00002
Corporate Action ID
MY241024MEET0002
Type
General Meeting
Date & Time
15-Jan-2025 10:00
Depositor Date
08-Jan-2025
Venue
Connexion Conference & Event Centre, Spectrum & Prism (Level 3A), Nexus, Bangsar South, No. 7, Jalan Kerinchi, 59200 Kuala Lumpur,
Description
KESM INDUSTRIES BERHAD ("KESM") - Notice of the Fifty-Third Annual General Meeting ("53rd AGM") Enclosed notice of the 53rd AGM of KESM dated 25 October 2024 to convene the 53rd AGM on 15 January 2025
KESMI_Notice of 53rd AGM.pdf
Outcome
The Board of Directors of KESM Industries Berhad ("the Company") is pleased to announce that all the resolutions as prescribed in the notice convening the Annual General Meeting ("AGM") of the Company dated 25 October 2024 were duly passed by way of poll at the AGM of the Company held at Connexion Conference & Event Centre, Spectrum & Prism (Level 3A), Nexus, Bangsar South, No. 7, Jalan Kerinchi, 59200 Kuala Lumpur, Malaysia on Wednesday, 15 January 2025.

The results of the poll which were validated by Ms Yap Sook Kee, the representative from Sky Corporate Services Sdn Bhd, the Independent Scrutineer appointed by the Company, are as set out below:-

Voting Results

1. Ordinary Resolution 1

Description 
To approve payment of Directors' fees and allowances of RM293,000 in respect of the financial year ended 31 July 2024.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 39 5
No. of Shares 6,592,417 6,904
% of Voted Shares 99.8954 0.1046
Result Accepted

2. Ordinary Resolution 2

Description 
To re-elect Mr Kenneth Tan Teoh Khoon who is retiring pursuant to Article 100 of the Company's Constitution and being eligible, has offered himself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 41 11
No. of Shares 26,898,767 538,726
% of Voted Shares 98.0365 1.9635
Result Accepted

3. Ordinary Resolution 3

Description 
To re-elect Ms Lim Mee Ing who is retiring pursuant to Article 100 of the Company's Constitution and being eligible, has offered herself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 43 11
No. of Shares 26,098,188 1,696,306
% of Voted Shares 93.8970 6.1030
Result Accepted

4. Ordinary Resolution 4

Description 
To re-appoint Ernst & Young PLT as the Company's Auditors and to authorise the Board of Directors to fix their remuneration.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 47 4
No. of Shares 27,781,368 11,006
% of Voted Shares 99.9604 0.0396
Result Accepted

5. Ordinary Resolution 5

Description 
To approve the Proposed Renewal of Existing Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 42 4
No. of Shares 6,956,356 11,006
% of Voted Shares 99.8420 0.1580
Result Accepted

Remark
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Meeting Outcome

General Meeting on 15-Jan-2025.

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