GENERAL MEETINGS: Outcome of Meeting

KUALA LUMPUR KEPONG BERHAD

Type of Meeting General
Indicator Outcome of Meeting
Date of Meeting 18 Feb 2020
Time 11:00 AM

Venue(s)
WEIL Hotel

Ballroom 1, Level 6

292 Jalan Sultan Idris Shah

30000 Ipoh, Perak

Malaysia

Outcome of Meeting

The Board of Directors of Kuala Lumpur Kepong Berhad ("KLK" or "the Company") is pleased to announce that at the Forty-Seventh Annual General Meeting ("AGM") of KLK held today, all the resolutions as set out in the Notice of AGM dated 31 December 2019, were duly passed by the shareholders of KLK.

 

The voting in respect of the resolutions was carried out by way of a poll and the results were validated by Boardroom Corporate Services Sdn. Bhd., the independent scrutineer appointed by KLK. Details of the electronic polling results are set out below.


Voting Results


1. Ordinary Resolution 1

Description
To re-elect R. M. Alias who retires by rotation in accordance with Article 119 of the Company's Constitution, as a Director.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 477 151
No. of Shares 597,261,204 277,877,958
% of Voted Shares 68.2476 31.7524
Result Accepted

2. Ordinary Resolution 2

Description
To re-elect Dato' Lee Hau Hian who retires by rotation in accordance with Article 119 of the Company's Constitution, as a Director.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 490 139
No. of Shares 845,933,511 29,205,651
% of Voted Shares 96.6627 3.3373
Result Accepted

3. Ordinary Resolution 3

Description
To re-elect Tan Sri Azlan Bin Mohd Zainol who retires by rotation in accordance with Article 119 of the Company's Constitution, as a Director.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 550 77
No. of Shares 862,244,295 12,894,867
% of Voted Shares 98.5265 1.4735
Result Accepted

4. Ordinary Resolution 4

Description
To approve the payment of Directors' Fees for the year ended 30 September 2019 amounting to RM1,881,667 (2018: RM1,970,258).
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 621 0
No. of Shares 875,139,162 0
% of Voted Shares 100.0000 0.0000
Result Accepted

5. Ordinary Resolution 5

Description
To approve the payment of Directors' benefits (other than Directors' fees) for the period from the Forty-Seventh Annual General Meeting to the Forty-Eighth Annual General Meeting to be held in 2021.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 621 0
No. of Shares 875,139,162 0
% of Voted Shares 100.0000 0.0000
Result Accepted

6. Ordinary Resolution 6

Description
To re-appoint Messrs. BDO PLT as Auditors of the Company for the financial year ending 30 September 2020 and to authorise the Board of Directors to fix their remuneration.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 621 0
No. of Shares 875,139,162 0
% of Voted Shares 100.0000 0.0000
Result Accepted

7. Ordinary Resolution 7

Description
Proposed Renewal of Authority to Buy Back its Own Shares by the Company
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 616 3
No. of Shares 874,743,812 328,150
% of Voted Shares 99.9625 0.0375
Result Accepted

8. Ordinary Resolution 8

Description
Proposed Renewal of Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 610 1
No. of Shares 372,619,842 580,743
% of Voted Shares 99.8444 0.1556
Result Accepted

9. Ordinary Resolution 9

Description
Proposed Renewal of Authority for Directors to Allot and Issue New KLK Shares in relation to the Dividend Reinvestment Plan
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 615 6
No. of Shares 874,722,012 417,150
% of Voted Shares 99.9523 0.0477
Result Accepted






Announcement Info

Company Name KUALA LUMPUR KEPONG BERHAD
Stock Name KLK
Date Announced 18 Feb 2020
Category General Meeting
Reference Number GMA-18022020-00003
Corporate Action ID MY200218MEET0003