GENERAL MEETINGS: Outcome of Meeting

SAUDEE GROUP BERHAD

Type of Meeting Annual General Meeting
Indicator Outcome of Meeting
Date of Meeting 27 Oct 2016
Time 09:00 AM
Venue
Mahkota 2 Hall, Sungai Petani Inn, 427 Jalan Kolam Air, 08000 Sungai Petani, Kedah
Outcome of Meeting

EIGHTH ANNUAL GENERAL MEETING DULY CONVENED AND HELD ON 27 OCTOBER 2016

 

On behalf of the Board of Directors of Saudee Group Berhad [the “Company” or “Saudee”], we are pleased to inform that at the 8th Annual General Meeting (“AGM”) of the Company duly convened and had on October 27, 2016, all proposed resolutions set out in the Notice of AGM, were duly resolved by poll. SH Corporate Services Sdn. Bhd. was appointed by Saudee as scrutineer to validate the votes cast at the AGM. The poll-voting results of the AGM are as follows:-

 

1.         To approve an increase of Directors’ Fees from RM144,000/- to an amount up to RM217,000/- for the financial year ending 31 May 2017.

 

Vote in Favour

Vote Against

Result

No. of Shares

%

No. of Shares

%

62,612,521

99.998

1,400

0.002

Carried

 

2.         To re-elect Mr. Khoo Lay Tatt, a Director retiring under the provision of Article 97(1) of the Articles of Association of the Company.

 

Vote in Favour

Vote Against

Result

No. of Shares

%

No. of Shares

%

59,247,021

100

0

0

Carried

 

3.         To re-elect Ustaz Abdul Hamid Bin Sulaiman, a Director retiring under the provision of
Article 97(1) of the Articles of Association of the Company.

 

Vote in Favour

Vote Against

Result

No. of Shares

%

No. of Shares

%

62,613,921

100

0

0

Carried

 

4.         To re-appoint Messrs. Crowe Horwath as Auditors of the Company for the ensuing year and to authorize the Directors to fix their remuneration.

 

Vote in Favour

Vote Against

Result

No. of Shares

%

No. of Shares

%

62,613,921

100

0

0

Carried

 

5.         To approve the authority to Issue Shares pursuant to Section 132D of the Companies Act 1965 and approvals from Bursa Malaysia Securities Berhad and other relevant governmental/ regulatory authorities where necessary.

 

Vote in Favour

Vote Against

Result

No. of Shares

%

No. of Shares

%

62,613,921

100

0

0

Carried

 

6.         To renew the Authority to Purchase its own Shares.

 

Vote in Favour

Vote Against

Result

No. of Shares

%

No. of Shares

%

62,613,921

100

0

0

Carried

 

Please be informed that there was no key matter being discussed and deliberated at the AGM.





Announcement Info

Company Name SAUDEE GROUP BERHAD
Stock Name SAUDEE
Date Announced 27 Oct 2016
Category General Meeting
Reference Number GMA-27102016-00014