[KSL] General on 30-Jul-2020

Stock
[KSL]: KSL HOLDINGS BHD
Announcement Date
26-Jun-2020
Type
General
Date & Time
30-Jul-2020 11:00
Depositor Date
23-Jul-2020
Venue
Broadcast Venue: L1-95, KSL City, 33, Jalan Seladang, Taman Abad, 80250 Johor Bahru, Johor
Description
The 20th Annual General Meeting of KSL Holdings Berhad will be held entirely through live streaming from the broadcast venue via remote participation and voting.
KSLH-Notice of 20th AGM.pdf
Outcome

The Board of Directors of KSL Holdings Berhad is pleased to announce that all resolutions as set out in the Notice of the 20th Annual General Meeting ("AGM")of the Companyand tabled at the said AGM held todayhavebeen duly passed. All the resolutions were votedby poll at the 20th AGM of the Company via remote participation and voting. Resolution 7 to Resolution 9 are voted by two-tier voting process.

Details of poll results for Resolutions 7, 8 and 9 under two-tier voting are as follows:

Resolution

Total Votes For

Total Votes Against

Results

No of Shares

%

No. of Shares

%

Resolution 7 – Retention of Mr. Gow Kow as independent non-executive Directors

Tier 1

323,546,642

100

0

0

Accepted

Tier 2

63,827,337

85.7160

10,636,336

14.2839

Resolution 8 – Retention of Mr. Goh Tyau Soon as independent non-executive Directors

Tier 1

323,546,642

100

0

0

Accepted

Tier 2

40,771,968

54.7542

33,691,705

45.2458

Resolution 9 – Retention of Mr. Tey Ping Cheng as independent non-executive Directors

Tier 1

323,546,642

100

0

0

Accepted

Tier 2

63,827,337

85.7160

10,636,336

14.2839

The result of the poll was verified byNeedsBridge Advisory Sdn Bhd,being the Independent Scrutineer appointed by the Company.

Please refer to the attachment for the details of the poll results.

Voting Results

1. 1

Description 
To approve the payment of the Non-Executive Directors Fees of RM90,000 and Benefits of RM20,000 for the financial year ending 31 December 2020 until the next AGM of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 101 17
No. of Shares 392,613,140 6,327,275
% of Voted Shares 98.4140 1.5860
Result Accepted

2. 2

Description 
To re-elect Mr. Gow Kow retiring in accordance with Article 93 of the Company's Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 86 28
No. of Shares 387,041,179 10,968,736
% of Voted Shares 97.2441 2.7559
Result Accepted

3. 3

Description 
To re-elect Mr. Lee Chye Tee retiring in accordance with Article 93 of the Company's Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 88 29
No. of Shares 389,514,079 8,496,236
% of Voted Shares 97.8653 2.1347
Result Accepted

4. 4

Description 
To re-appoint Messrs. ECOVIS MALAYSIA PLT, the retiring Auditors of the Company and to authorise the Board of Directors to fix their remuneration.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 101 16
No. of Shares 397,945,286 668,529
% of Voted Shares 99.8323 0.1677
Result Accepted

5. 5

Description 
Authority to allot and issue shares pursuant to Sections 75 and 76 of the Companies Act 2016.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 99 19
No. of Shares 396,023,386 2,917,029
% of Voted Shares 99.2688 0.7312
Result Accepted

6. 6

Description 
Proposed renewal of authority for the purchase of its own shares by the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 101 16
No. of Shares 397,770,286 563,229
% of Voted Shares 99.8586 0.1414
Result Accepted

7. 7

Description 
Authority for Mr. Gow Kow to continue in office as Independent Non-executive Director.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 90 27
No. of Shares 387,373,979 10,636,336
% of Voted Shares 97.3276 2.6724
Result Accepted

8. 8

Description 
Authority for Mr. Goh Tyau Soon to continue in office as Independent Non-executive Director.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 51 66
No. of Shares 364,318,610 33,691,705
% of Voted Shares 91.5350 8.4650
Result Accepted

9. 9

Description 
Authority for Mr. Tey Ping Cheng to continue in office as Independent Non-executive Director.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 90 27
No. of Shares 387,373,979 10,636,336
% of Voted Shares 97.3276 2.6724
Result Accepted

10. 10

Description 
Renewal of authority to issue and allot shares for Dividend Reinvestment Plan.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 102 16
No. of Shares 398,379,172 561,243
% of Voted Shares 99.8593 0.1407
Result Accepted

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2024-06-10

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johnseeker90

How to register for attending the AGM?
Why did not attach the administrative guide?

2020-07-30 10:08

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