| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 29 May 2025 |
| Time | 10:00 AM |
|
Venue(s) |
Mutiara Ballroom of Royale Chulan Damansara Hotel, |
| Outcome of Meeting |
The Board of Directors of MBM Resources Berhad ("MBMR") is pleased to announce that all the resolutions set out in the Notice of Thirty-First Annual General Meeting ("31st AGM") dated 30 April 2025 were duly passed at the 31st AGM of MBMR held on 29 May 2025. The voting on the resolutions was carried out by way of poll and the results were validated by SC Lim, Ng & Co PLT, the independent scrutineer appointed by MBMR. Details of the results of the poll on the resolutions are set out below. |
Voting Results |
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1. 1 |
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| Description | To re-elect Mr. Low Hin Choong, who retires pursuant to Clause 76(3) of the Company's Constitution as Director of the Company. | |
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 157 | 56 |
| No. of Shares | 238,534,926 | 17,972,749 |
| % of Voted Shares | 92.9933 | 7.0067 |
| Result | Accepted | |
2. 2 |
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| Description | To re-elect Dato' Anwar bin Haji @ Aji, who retires pursuant to Clause 76(3) of the Company's Constitution as Director of the Company. | |
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 178 | 37 |
| No. of Shares | 241,523,556 | 16,216,175 |
| % of Voted Shares | 93.7083 | 6.2917 |
| Result | Accepted | |
3. 3 |
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| Description | To re-elect Ms. Chin Min Ming, who retires pursuant to Clause 78 of the Company's Constitution as Director of the Company. | |
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 209 | 6 |
| No. of Shares | 257,676,156 | 63,575 |
| % of Voted Shares | 99.9753 | 0.0247 |
| Result | Accepted | |
4. 4 |
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| Description | To declare a single tier final dividend of 9.0 sen per ordinary share for the financial year ended 31 December 2024. | |
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 210 | 5 |
| No. of Shares | 257,738,756 | 975 |
| % of Voted Shares | 99.9996 | 0.0004 |
| Result | Accepted | |
5. 5 |
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| Description | To approve the payment of Directors' fees of up to RM950,000 and Directors' benefits of up to RM750,000 for the period from this 31st Annual General Meeting until the next Annual General Meeting of the Company. | |
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 204 | 6 |
| No. of Shares | 256,312,381 | 1,975 |
| % of Voted Shares | 99.9992 | 0.0008 |
| Result | Accepted | |
6. 6 |
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| Description | To approve the payment of meeting allowance for each Non-Executive Director for the period from this 31st Annual General Meeting until the next Annual General Meeting of the Company, as follows:- Chairman of Board / Board Committee - RM2,000 per meeting attended Member of Board / Board Committee - RM1,800 per meeting attended | |
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 206 | 4 |
| No. of Shares | 256,313,502 | 854 |
| % of Voted Shares | 99.9997 | 0.0003 |
| Result | Accepted | |
7. 7 |
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| Description | To re-appoint Messrs Deloitte PLT as Auditors of the Company for the financial year 2025 and to authorise the Directors of the Company to fix their remuneration. | |
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 195 | 20 |
| No. of Shares | 257,009,161 | 730,570 |
| % of Voted Shares | 99.7165 | 0.2835 |
| Result | Accepted | |
8. 8 |
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| Description | Proposed Renewal of Shareholders' Mandate for the Authority to the Company to purchase its own Shares of up to Ten per Centum (10%) of the Total Number of issued Shares. | |
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 208 | 6 |
| No. of Shares | 257,659,756 | 64,375 |
| % of Voted Shares | 99.9750 | 0.0250 |
| Result | Accepted | |
9. 9 |
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| Description | Proposed Renewal of Shareholders' Mandate for the Company and/or its subsidiaries to enter into Recurrent Related Party Transactions of a Revenue or Trading Nature with Related Parties. | |
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 210 | 5 |
| No. of Shares | 257,738,756 | 975 |
| % of Voted Shares | 99.9996 | 0.0004 |
| Result | Accepted | |
Please refer attachment below.
| Company Name | MBM RESOURCES BHD |
| Stock Name | MBMR |
| Date Announced | 29 May 2025 |
| Category | General Meeting |
| Reference Number | GMA-29052025-00023 |
| Corporate Action ID | MY250529MEET0023 |
Attachments
