| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 23 Jun 2020 |
| Time | 02:00 PM |
| Venue(s) |
Broadcast Venue 23-01, Level 23, Menara MBMR 1 Jalan Syed Putra 58000 Kuala Lumpur |
| Outcome of Meeting |
The Board of Directors of MBM Resources Berhad ("MBMR") is pleased to announce that the resolutions set out in the Notice of Twenty-Sixth Annual General Meeting ("26th AGM") dated 22 May 2020 were duly passed at the 26th AGM of MBMR held on 23 June 2020.
The voting on the resolutions was carried out by way of poll and the results were validated by Asia Securities Sdn Bhd, 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 | 142 | 30 |
| No. of Shares | 249,236,923 | 4,348,134 |
| % of Voted Shares | 98.2850 | 1.7150 |
| 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 | 168 | 10 |
| No. of Shares | 254,736,779 | 35,378 |
| % of Voted Shares | 99.9860 | 0.0140 |
| Result | Accepted | |
3. 3 |
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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 2019. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 175 | 4 |
| No. of Shares | 254,773,622 | 1,300 |
| % of Voted Shares | 99.9990 | 0.0010 |
| Result | Accepted | |
4. 4 |
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| Description |
To approve the payment of Directors' fees of RM551,000 for the financial year ended 31 December 2019. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 163 | 12 |
| No. of Shares | 253,110,962 | 12,245 |
| % of Voted Shares | 99.9950 | 0.0050 |
| Result | Accepted | |
5. 5 |
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| Description |
To approve the payment of Directors' fees up to an amount of RM900,000 from 1 January 2020 until the next Annual General Meeting of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 160 | 15 |
| No. of Shares | 253,104,097 | 19,110 |
| % of Voted Shares | 99.9920 | 0.0080 |
| Result | Accepted | |
6. 6 |
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| Description |
To approve the payment of benefits payable to the Directors up to an amount of RM500,000 from this 26th Annual General Meeting until the next Annual General Meeting of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 160 | 14 |
| No. of Shares | 253,104,097 | 16,345 |
| % of Voted Shares | 99.9940 | 0.0060 |
| Result | Accepted | |
7. 7 |
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| Description |
To approve the payment of meeting attendance allowance of RM1,500 per meeting for each Non-Executive Director from this 26th Annual General Meeting until the next Annual General Meeting of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 160 | 14 |
| No. of Shares | 253,103,497 | 16,945 |
| % of Voted Shares | 99.9930 | 0.0070 |
| Result | Accepted | |
8. 8 |
||
| Description |
To re-appoint Messrs Deloitte PLT as Auditors of the Company and to authorise the Directors of the Company to fix their remuneration. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 172 | 7 |
| No. of Shares | 254,770,222 | 4,700 |
| % of Voted Shares | 99.9980 | 0.0020 |
| Result | Accepted | |
9. 9 |
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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 | 171 | 6 |
| No. of Shares | 254,765,180 | 3,777 |
| % of Voted Shares | 99.9990 | 0.0010 |
| Result | Accepted | |
10. 10 |
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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 | 169 | 9 |
| No. of Shares | 254,765,079 | 7,078 |
| % of Voted Shares | 99.9970 | 0.0030 |
| Result | Accepted | |
| Company Name | MBM RESOURCES BHD |
| Stock Name | MBMR |
| Date Announced | 23 Jun 2020 |
| Category | General Meeting |
| Reference Number | GMA-19062020-00002 |
| Corporate Action ID | MY200619MEET0002 |
Attachments
