GENERAL MEETINGS: Outcome of Meeting

IGB BERHAD

Type of Meeting General
Indicator Outcome of Meeting
Date of Meeting 29 Jun 2020
Time 02:30 PM

Venue(s)
Broadcast Venue

Matahari 3 & 4, Level 5, Cititel Mid Valley

Mid Valley City, Lingkaran Syed Putra

59200 Kuala Lumpur

Malaysia

Outcome of Meeting

The shareholders of IGB Berhad had approved the 8 ordinary resolutions referred to in the Notice of 20th AGM. The results of the poll were validated by the Independent Scrutineer, Zee Kum Ming from SC Lim, Ng & Co. 


Voting Results


1. Ordinary Resolution 1

Description
To re-elect Dato' Seri Robert Tan Chung Meng who retires in accordance with IGB's Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 119 13
No. of Shares 504,686,547 429,873
% of Voted Shares 99.9150 0.0850
Result Accepted

2. Ordinary Resolution 2

Description
To re-elect Daud Mah bin Abdullah @ Mah Siew Whye who retires in accordance with IGB's Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 116 15
No. of Shares 497,392,189 10,384,960
% of Voted Shares 97.9550 2.0450
Result Accepted

3. Ordinary Resolution 3

Description
To approve the payment of Directors' fees and meeting allowances.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 112 19
No. of Shares 491,688,405 10,827,608
% of Voted Shares 97.8450 2.1550
Result Accepted

4. Ordinary Resolution 4

Description
To re-appoint Messrs PricewaterhouseCoopers PLT having consented to act as Auditors of IGB for the financial year ending 31 December 2020 and to authorise the Directors to fix their remuneration.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 123 17
No. of Shares 504,080,311 10,816,832
% of Voted Shares 97.8990 2.1010
Result Accepted

5. Ordinary Resolution 5

Description
Retention of Daud Mah bin Abdullah @ Mah Siew Whye as an Independent Non-Executive Director.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 109 17
No. of Shares 496,966,014 10,807,823
% of Voted Shares 97.8720 2.1280
Result Accepted

6. Ordinary Resolution 6

Description
Authority to allot and issue shares pursuant to Sections 75 and 76 of the Companies Act 2016.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 116 17
No. of Shares 503,585,795 10,807,823
% of Voted Shares 97.8990 2.1010
Result Accepted

7. Ordinary Resolution 7

Description
Share Buyback Mandate 
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 117 16
No. of Shares 503,586,802 10,806,816
% of Voted Shares 97.8990 2.1010
Result Accepted

8. Ordinary Resolution 8

Description
Recurrent Related Party Transactions Mandate
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 99 16
No. of Shares 94,895,641 440,392
% of Voted Shares 99.5380 0.4620
Result Accepted






Announcement Info

Company Name IGB BERHAD
Stock Name IGBB
Date Announced 29 Jun 2020
Category General Meeting
Reference Number GMA-29062020-00068
Corporate Action ID MY200629MEET0066