[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
Resolution		No of Shares	%	No. of Shares	%	Results
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	Accepted
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	Accepted
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	Accepted

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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Discussions

Be the first to like this. Showing 1 of 1 comments

johnseeker90

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

2020-07-30 10:08

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