GENERAL MEETINGS: Outcome of Meeting

SAUDEE GROUP BERHAD

Type of Meeting Annual General Meeting
Indicator Outcome of Meeting
Date of Meeting 21 Dec 2018
Time 09:00 AM
Venue 
Mahkota 4 Hall, Sungai Petani Inn, 427 Jalan Kolam Air, 08000 Sungai Petani, Kedah
Outcome of Meeting

The Board of Directors of Saudee Group Berhad  ["the Company'] wishes to announce that all the resolutions as set out in the Notice of 10th Annual General Meeting ("AGM") dated  21 November 2018 were duly passed by the shareholders of the Company at the 10th AGM.

 

All the resolutions were voted on a poll at the 10th AGM of the Company and the results of the poll were verified by SH Tham, the independent scrutineers appointed by the Company.

 

The details of the results of the poll are set out in the table below.

 

This announcement is dated 21 December 2018.

Voting Results

Resolution Vote in favour Vote Against Results
No. of Shares % No. of Shares % 
To re-elect Mr. Tan Khang Khim as Director of the Company
 34,700,678 100.000000 0 0.000000 Carried 
To re-elect Ustaz Abdul Hamid Bin Sulaiman as Director of the Company
 34,700,678 100.000000 0 0.000000 Carried 
To appoint Messrs Grant Thornton as Auditors of the Company and to authorize the Directors to fix their remuneration.
 34,700,678 100.000000 0 0.000000 Carried 
To approve the payment of Directors’ fees of not exceeding
RM250,000.00 for the financial year ended 31 July 2018
 2,554,266 100.000000 0 0.000000 Carried 
To approve the payment of Directors’ benefit (excluding Directors’ fees) of not exceeding RM36,000.00 from 22 December 2018 until the next Annual General Meeting of the Company
 2,554,266 100.000000 0 0.000000 Carried 
Authority under Sections 75 and 76 of the Companies Act, 2016 for the Directors to issue shares
 34,700,628 99.999900 50 0.000100 Carried 
Proposed Renewal of Share Buy-Back Authority
 34,700,628 99.999900 50 0.000100 Carried 
Continuation in office as an Independent Non-Executive Director – Sim Yee Fuan
 34,690,678 100.000000 0 0.000000 Carried 
Proposed Shareholders’ Mandate for Recurrent Related Party
Transactions of a Revenue or Trading Nature
 9,464,000 100.000000 0 0.000000 Carried



Announcement Info

Company Name SAUDEE GROUP BERHAD
Stock Name SAUDEE
Date Announced 21 Dec 2018
Category General Meeting
Reference Number GMA-21122018-00002