General Meetings: Outcome Of Meeting

BackJul 29, 2020
Type of Meeting General
Indicator Outcome of Meeting
Date of Meeting 29 Jul 2020
Time 10:30 AM
Venue(s)

Victorian Ballroom, Level 1, Holiday Villa Hotel & Conference Centre,

9 Jalan SS12/1,

47500 Subang Jaya,

Selangor Darul Ehsan
Malaysia
Outcome of Meeting

The Board of Directors of Salcon Berhad ("the Company") wishes to announce that all the resolutions as set out in the notice convening the Seventeenth Annual General Meeting ("AGM") dated 30 June 2020 were duly passed at the AGM of the Company held earlier today.

 

The voting in respect of all the resolutions was carried out by way of poll, results of which was validated by Coopers Professional Scrutineers 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 AGM are set out below.

 

This annoucement is dated 29 July 2020. 

Voting Results

1. Ordinary Resolution 1
Description

To approve the payment of the first and final dividend via distribution of treasury shares as share dividends on the basis of one (1) treasury share for every twenty-nine (29) existing ordinary shares held in the Company in respect of the financial year ended 31 December 2019.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 28 0
No. of Shares 366,690,723 0
% of Voted Shares 100.0000 0.0000
Result Accepted

2. Ordinary Resolution 2
Description

To approve the payment of Directors' fees of up to RM570,000 for the period from 1 January 2020 until the conclusion of the next annual general meeting of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 27 1
No. of Shares 366,681,572 9,151
% of Voted Shares 99.9975 0.0025
Result Accepted

3. Ordinary Resolution 3
Description

To approve the payment of Directors' benefits of up to an amount of RM220,000 for the period from the conclusion of the Seventeenth Annual General Meeting until the next Annual General Meeting of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 27 1
No. of Shares 366,681,572 9,151
% of Voted Shares 99.9975 0.0025
Result Accepted

4. Ordinary Resolution 4
Description

To re-elect Tan Sri Dato' Tee Tiam Lee, who retires pursuant to Clause 76(3) of the Company's Constitution, as Director.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 28 0
No. of Shares 366,690,723 0
% of Voted Shares 100.0000 0.0000
Result Accepted

5. Ordinary Resolution 5
Description

To re-elect Dato' Choong Moh Kheng, who retires pursuant to Clause 76(3) of the Company's Constitution, as Director.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 28 0
No. of Shares 366,690,723 0
% of Voted Shares 100.0000 0.0000
Result Accepted

6. Ordinary Resolution 6
Description

To re-elect Datin Goh Phaik Lynn, who retires pursuant to Clause 78 of the Company's Constitution, as Director.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 28 0
No. of Shares 366,690,723 0
% of Voted Shares 100.0000 0.0000
Result Accepted

7. Ordinary Resolution 7
Description

To re-appoint Messrs KPMG 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 28 0
No. of Shares 366,690,723 0
% of Voted Shares 100.0000 0.0000
Result Accepted

8. Ordinary Resolution 8
Description

To grant authority to issue and allot shares pursuant to Sections 75 and 76 of the Companies Act 2016.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 28 0
No. of Shares 366,690,723 0
% of Voted Shares 100.0000 0.0000
Result Accepted

9. Ordinary Resolution 9
Description

To approve the Proposed Renewal of Authority for Share Buy-Back.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 28 0
No. of Shares 366,690,723 0
% of Voted Shares 100.0000 0.0000
Result Accepted

10. Ordinary Resolution 10
Description

To approve Dato' Choong Moh Kheng to continue to act as an Independent Director.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 28 0
No. of Shares 366,690,723 0
% of Voted Shares 100.0000 0.0000
Result Accepted



Please refer attachment below.



Announcement Info

Company Name SALCON BERHAD
Stock Name SALCON
Date Announced 29 Jul 2020
Category General Meeting
Reference Number GMA-28072020-00009
Corporate Action ID MY200728MEET0009

Attachments

  1. Salcon_Outcome_of_17th_AGM.pdf (Size: 195,105 bytes)