Bursa Announcement
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Date : 14 July 2020
GENERAL MEETINGS: Outcome of Meeting
MALAYSIAN RESOURCES CORPORATION BERHAD |
Type of Meeting | General |
Indicator | Outcome of Meeting |
Date of Meeting | 14 Jul 2020 |
Time | 10:00 AM |
Venue(s) |
KL Sentral Room Level 30, Menara Allianz Sentral No. 203, Jalan Tun Sambanthan Kuala Lumpur Sentral, 50470 Kuala Lumpur Malaysia |
Outcome of Meeting | The Board of Directors of Malaysian Resources Corporation Berhad (“the Company” or “MRCB”) wishes to announce that the shareholders of the Company have approved all the resolutions set out in the Notice of 49th Annual General Meeting ("AGM") dated 12 June 2020 at the 49th AGM of the Company held on 14 July 2020.
All the resolutions were voted by poll and the results of the poll were validated by GovernAce Advisory & Solutions Sdn Bhd, the independent scrutineers appointed by the Company.
The details of the results of the poll are set out below.
This announcement is dated 14 July 2020. |
Voting Results |
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1. Ordinary Resolution 1 |
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Description |
To re-elect Rohaya Mohamad Yusof who is retiring by rotation pursuant to Articles 101 and 102 of the Constitution of the Company and being eligible, has offered herself for re-election |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 354 | 109 |
No. of Shares | 3,071,776,356 | 16,117,013 |
% of Voted Shares | 99.4781 | 0.5219 |
Result | Accepted | |
2. Ordinary Resolution 2 |
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Description |
To approve the Directors' Fees for the finncial year ending 31 December 2020 |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 344 | 126 |
No. of Shares | 3,112,703,176 | 542,443 |
% of Voted Shares | 99.9826 | 0.0174 |
Result | Accepted | |
3. Ordinary Resolution 3 |
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Description |
To approve the benefits extended to the Non-Executive Directors of the Company as detailed out in Note 4 of the explanatory notes, from 15 July 2020 until the next AGM of the Company |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 332 | 137 |
No. of Shares | 3,112,658,676 | 573,393 |
% of Voted Shares | 99.9816 | 0.0184 |
Result | Accepted | |
4. Ordinary Resolution 4 |
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Description |
To re-appoint Messrs. PricewaterhouseCoopers PLT as Auditors of the Company and to authorise the Directors to fix their remuneration |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 398 | 70 |
No. of Shares | 3,109,571,003 | 2,991,560 |
% of Voted Shares | 99.9039 | 0.0961 |
Result | Accepted | |
5. Ordinary Resolution 5 |
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Description |
Proposed establishment of a dividend reinvestment plan that provides the shareholders of MRCB with an option to elect to reinvest tehir cash dividend in new ordinary shares of MRCB |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 387 | 83 |
No. of Shares | 3,113,068,677 | 176,486 |
% of Voted Shares | 99.9943 | 0.0057 |
Result | Accepted | |
6. Ordinary Resolution 6 |
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Description |
Proposed Renewal of Share Buy-Back Authority |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 400 | 69 |
No. of Shares | 3,113,174,195 | 110,616 |
% of Voted Shares | 99.9964 | 0.0036 |
Result | Accepted | |
Announcement Info
Company Name | MALAYSIAN RESOURCES CORPORATION BERHAD |
Stock Name | MRCB |
Date Announced | 14 Jul 2020 |
Category | General Meeting |
Reference Number | GMA-14072020-00003 |
Corporate Action ID | MY200714MEET0003 |