Greens 1, Golf Wing, Tropicana Golf & Country Resort, Jalan Kelab Tropicana, 47410 Petaling Jaya, Selangor Darul Ehsan
Outcome of Meeting
The Board of Directors of Key ASIC Berhad ("Key ASIC" or "the Company") wishes to announce that all the resolutions as set out in the notice convening the Thirteenth Annual General Meeting ("13th AGM") dated 28 September 2018 were duly passed at the 13th 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 Insight Advisory Services 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 13th AGM are set out below.
This annoucement is dated 23 November 2018.
Voting Results
Resolution
Vote in favour
Vote Against
Results
No. of Shares
%
No. of Shares
%
Ordinary Resolution 1
To approve the payment of Directors’ fees for the financial year ended 31 May 2019.
358,036,044
94.529000
20,720,000
5.471000
Carried
Ordinary Resolution 2
To re-elect Benny T. Hu @ Ting Wu Hu who retires under Article 84 of the Company’s Articles of Association.
359,727,544
94.559000
20,700,000
5.441000
Carried
Ordinary Resolution 3
To re-elect Prof Low Teck Seng who retires under Article 86 of the Company’s Articles of Association.
359,727,544
94.559000
20,700,000
5.441000
Carried
Ordinary Resolution 4
To re-appoint Messrs Baker Tilly Monteiro Heng as Auditors of the Company and to authorize the Directors to fix their remuneration.
359,727,544
94.559000
20,700,000
5.441000
Carried
Ordinary Resolution 5
To authorise Directors to issue shares pursuant to Section 75 and 76 of the Companies Act, 2016.
359,727,544
94.559000
20,700,000
5.441000
Carried
Ordinary Resolution 6
To approve Benny T. Hu @ Ting Wu Hu to continue in Office as Independent Non-Executive Director
359,727,544
94.559000
20,700,000
5.441000
Carried
Ordinary Resolution 7
To approve N. Chanthiran a/l Nagappan to continue in Office as Independent Non-Executive Director
359,727,544
94.559000
20,700,000
5.441000
Carried
Ordinary Resolution 8
Proposed Renewal of the Existing Shareholders’ Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature.