[MCEMENT] General Meeting on 05-Dec-2024

Stock
[MCEMENT]: MALAYAN CEMENT BERHAD
Announcement Date
29-Oct-2024
Reference No.
GMA-25102024-00006
Corporate Action ID
MY241025MEET0006
Type
General Meeting
Date & Time
05-Dec-2024 15:30
Depositor Date
28-Nov-2024
Venue
Online Meeting Platform hosted on the TIIH Online System at https://tiih.com.my (Domain registration number with MYNIC: D1A282781) provided by Tricor Investor & Issuing House Services Sdn Bhd
Description
Notification to Shareholders of the fully virtual Seventy-Fourth Annual General Meeting of Malayan Cement Berhad
Malayan Cement Berhad - Notice_Proxy Form_Admin Guide for 74th AGM.pdf
Outcome

Malayan Cement Berhad ("MCB")is pleased to announce that all resolutions set out in the Notice of 74thAnnual General Meeting dated 30October 2024were duly passed by the shareholders of MCB by way of poll voting.

The results of the poll which were validated by Coopers Professional Scrutineers Sdn Bhd, the Independent Scrutineer appointed by MCB, are set out below:-

Voting Results

1. Ordinary Resolution 1

Description 
To re-elect Dato' Seri Yeoh Seok Hong who retires pursuant to Article 85 of the Company's Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 240 85
No. of Shares 1,120,333,044 27,809,537
% of Voted Shares 97.5779 2.4221
Result Accepted

2. Ordinary Resolution 2

Description 
To re-elect Dato' Sri Michael Yeoh Sock Siong who retires pursuant to Article 85 of the Company's Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 273 50
No. of Shares 1,143,638,601 4,449,980
% of Voted Shares 99.6124 0.3876
Result Accepted

3. Ordinary Resolution 3

Description 
To re-elect Dato' Yeoh Soo Keng who retires pursuant to Article 85 of the Company's Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 262 59
No. of Shares 1,141,059,755 7,028,826
% of Voted Shares 99.3878 0.6122
Result Accepted

4. Ordinary Resolution 4

Description 
To approve the payment of fees to the Non-Executive Directors amounting to RM720,000 for the financial year ended 30 June 2024.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 280 38
No. of Shares 1,148,072,544 16,637
% of Voted Shares 99.9986 0.0014
Result Accepted

5. Ordinary Resolution 5

Description 
To approve the payment of meeting attendance allowance of RM1,000 per meeting for each Non-Executive Director for the period from January 2025 to December 2025.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 276 42
No. of Shares 1,148,042,344 46,837
% of Voted Shares 99.9959 0.0041
Result Accepted

6. Ordinary Resolution 6

Description 
To re-appoint HLB Ler Lum Chew PLT as Auditors of the Company and to authorise the Directors to fix their remuneration.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 288 29
No. of Shares 1,148,072,850 12,732
% of Voted Shares 99.9989 0.0011
Result Accepted

7. Ordinary Resolution 7

Description 
To approve the authority to Directors to allot shares pursuant to Sections 75 and 76 of the Companies Act, 2016.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 231 86
No. of Shares 1,044,436,421 103,652,160
% of Voted Shares 90.9718 9.0282
Result Accepted

8. Ordinary Resolution 8

Description 
To approve the proposed renewal of Share Buy-Back Authority.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 284 34
No. of Shares 1,148,055,722 32,860
% of Voted Shares 99.9971 0.0029
Result Accepted

9. Ordinary Resolution 9

Description 
To approve the proposed renewal of Shareholder Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 279 34
No. of Shares 175,458,048 15,032
% of Voted Shares 99.9914 0.0086
Result Accepted

10. Ordinary Resolution 10

Description 
To approve the proposed issue of options to Professor Datuk Ts. Ir. Dr. Siti Hamisah Binti Tapsir.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 118 204
No. of Shares 985,263,188 157,506,694
% of Voted Shares 86.2171 13.7829
Result Accepted

11. Ordinary Resolution 11

Description 
To approve the proposed issue of options to Yap Seng Chong.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 118 204
No. of Shares 985,172,088 157,597,794
% of Voted Shares 86.2091 13.7909
Result Accepted

12. Ordinary Resolution 12

Description 
To approve the proposed issue of options to Fong Yee Mei.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 120 202
No. of Shares 985,172,488 157,597,394
% of Voted Shares 86.2092 13.7908
Result Accepted

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