GENERAL MEETINGS: Outcome of Meeting

ASIA BRANDS BERHAD

Type of Meeting Annual General Meeting
Indicator Outcome of Meeting
Date of Meeting 23 Aug 2019
Time 09:00 AM
Venue
Conference Room of the Company at Lot 10449, Jalan Nenas, Batu 4 ½, Kampung Jawa, 41000 Klang, Selangor Darul Ehsan.
Outcome of Meeting

ASIA BRANDS BERHAD ("ABB" or "THE COMPANY") - FORTY-FOURTH ANNUAL GENERAL MEETING

 

The Board of Directors of ABB wishes to announce that all of the resolutions as set out in the Notice of the Forty-Fourth Annual General Meeting ("44th AGM") dated 25 July 2019 were duly passed by the shareholders at the 44th AGM held today. All of the resolutions were voted by poll and the results of the poll were validated by Commercial Quest Sdn. Bhd., the Independent Scrutineer appointed by the Company. Details of the results of the polling in respect of all the resolutions at the 44th AGM are set out below.

 

This announcement is dated 23 August 2019.

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 and benefits for the period from 24 August 2019 to the next Annual General Meeting of the Company in year 2020.
79,032,474 100.000000 0 0.000000 Carried
Ordinary Resolution 2

To re-elect Mr. Lim Kim Meng, who retires pursuant to Article 102 of the Company’s Articles of Association.
78,106,974 98.830000 925,500 1.170000 Carried
Ordinary Resolution 3

To appoint Messrs. Reanda LLKG International as Auditors of the Company in place of the retiring Auditors, Messrs. UHY and to authorise the Directors to fix their remuneration.
79,032,474 100.000000 0 0.000000 Carried
Ordinary Resolution 4

Authority to issue shares pursuant to the Companies Act 2016.
79,032,474 100.000000 0 0.000000 Carried
Ordinary Resolution 5

Proposed Renewal of Existing Shareholders’ Mandate for Recurrent Related Party Transactions of a Revenue or trading nature.
1,858,520 100.000000 0 0.000000 Carried
Ordinary Resolution 6

Proposed Renewal of Share Buy Back Authority of up to ten per cent (10%) of the total number of issued shares of the Company.
79,031,554 100.000000 0 0.000000 Carried
Ordinary Resolution 7

Proposed adoption of new Constitution of the Company.
79,032,474 100.000000 0 0.000000 Carried




Announcement Info

Company Name ASIA BRANDS BERHAD
Stock Name ASIABRN
Date Announced 23 Aug 2019
Category General Meeting
Reference Number GMA-22082019-00011