The Board of Directors of BSL Corporation Berhad ("the Company") wishes to announce that all the resolutions as set out in the notice convening the Sixteenth Annual General Meeting ("16th AGM") dated 31December 2019 were duly passed at the 16th AGM of the Company held earlier today.
The voting in respect of all resolutions was carried out by way of poll, results of which was validated by Asia Securities Sdn Bhd, being the independent scrutineer appointed by the Company.
Details of the results of the polling in respect of all the resolutions at the 16th AGM are set out below.
This announcement is dated 6 February 2020.
Voting Results |
||
1. Resolution 1 |
||
Description |
To re-elect Ngiam Tong Kwan who retires pursuant to Clause 76(3) of the Company's Constitution. |
|
Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 40 | 11 |
No. of Shares | 69,136,115 | 5,018,200 |
% of Voted Shares | 93.2330 | 6.7670 |
Result | Accepted | |
2. Resolution 2 |
||
Description |
To re-elect Teh Yoon Loy who retires pursuant to Clause 76(3) of the Company's Constitution. |
|
Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 40 | 12 |
No. of Shares | 69,136,115 | 5,708,000 |
% of Voted Shares | 92.3730 | 7.6270 |
Result | Accepted | |
3. Resolution 3 |
||
Description |
To approve the payment of Directors' Fees for an amount not exceeding RM350,000 for the financial year ending 31 August 2020. |
|
Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 30 | 11 |
No. of Shares | 9,130,383 | 5,669,000 |
% of Voted Shares | 61.6940 | 38.3060 |
Result | Accepted | |
4. Resolution 4 |
||
Description |
To approve the payment of Directors' benefits for an amount not exceeding RM100,000 from 7 February 2020 until the next Annual General Meeting of the Company. |
|
Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 30 | 11 |
No. of Shares | 9,130,383 | 5,669,000 |
% of Voted Shares | 61.6940 | 38.3060 |
Result | Accepted | |
5. Resolution 5 |
||
Description |
To re-appoint Messrs Mazars 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 | 44 | 8 |
No. of Shares | 71,342,715 | 3,501,400 |
% of Voted Shares | 95.3220 | 4.6780 |
Result | Accepted | |
6. Resolution 6 |
||
Description |
To approve the authority for Directors to allot and issue shares pursuant to Sections 75 & 76 of the Companies Act 2016. |
|
Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 40 | 12 |
No. of Shares | 69,136,115 | 5,708,000 |
% of Voted Shares | 92.3730 | 7.6270 |
Result | Accepted | |
7. Resolution 7 |
||
Description |
To approve the continuing in office of Datuk Dr. Syed Muhamad Bin Syed Abdul Kadir as an Independent Non-Executive Director. |
|
Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 39 | 13 |
No. of Shares | 69,136,015 | 5,708,100 |
% of Voted Shares | 92.3730 | 7.6270 |
Result | Accepted | |
8. Resolution 8 |
||
Description |
To approve the continuing in office of To' Puan Rozana Bte Tan Sri Redzuan as an Independent Non-Executive Director. |
|
Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 39 | 13 |
No. of Shares | 69,136,015 | 5,708,100 |
% of Voted Shares | 92.3730 | 7.6270 |
Result | Accepted | |
9. Resolution 9 |
||
Description |
To approve the continuing in office of Ng Wai Pin as an Independent Non-Executive Director. |
|
Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 39 | 13 |
No. of Shares | 69,136,015 | 5,708,100 |
% of Voted Shares | 92.3730 | 7.6270 |
Result | Accepted | |