News
News
General Meetings: Outcome Of Meeting
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 29 Apr 2020 |
| Time | 03:00 PM |
| Venue(s) |
Bursa Malaysia Berhad - Broadcast Venue at Conference Room 1, Ground Floor Exchange Square, Bukit Kewangan 50200 Kuala Lumpur |
| Outcome of Meeting |
Bursa Malaysia Berhad (“Bursa Malaysia” or “the Company”) is pleased to announce that all the ordinary resolutions as set out in the Notice of the 43rd Annual General Meeting of the Company (“AGM”) dated 2 March 2020 were duly passed at the Adjourned 43rd AGM held on 29 April 2020, except for Resolution 4 which was withdrawn.
In this respect, Professor Joseph Cherian had withdrawn his offer for re-election at the Adjourned 43rd AGM due to personal commitments. At the close of the Adjourned 43rd AGM, Professor Joseph Cherian retired from office as a Director of the Company in accordance with Article 18.11 of the Company’s Constitution.
The Audited Financial Statements for the financial year ended 31 December 2019 and the Reports of the Directors and Auditors thereon were received and duly tabled at the Adjourned 43rd AGM under Agenda 1.
Resolutions 1, 2, 3, 5, 6 and 7 were voted on a poll via Remote Participation and Voting (RPV) at https://tiih.online at the Adjourned 43rd AGM in accordance with Paragraph 8.29A of Bursa Malaysia Securities Berhad Main Market Listing Requirements. The 43rd AGM was originally scheduled on 31 March 2020, and it was adjourned to 29 April 2020 where it was conducted fully virtual at the Broadcast Venue in view of the enforcement of the Movement Control Order (MCO).
The detailed poll results were verified by the Scrutineers, Deloitte Risk Advisory Sdn Bhd as per attachment and are set out below.
This announcement is dated 29 April 2020. |
Voting Results |
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1. Ordinary Resolution 1 |
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| Description |
To re-elect Datuk Karownakaran @ Karunakaran a/l Ramasamy as Director of the Company, who retires by rotation in accordance with Article 18.4 of the Company's Constitution and who being eligible offers himself for re-election. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 586 | 22 |
| No. of Shares | 538,259,327 | 428,073 |
| % of Voted Shares | 99.9210 | 0.0790 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
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| Description |
To re-elect Encik Pushpanathan a/l S.A. Kanagarayar as Director of the Company, who retires by rotation in accordance with Article 18.4 of the Company's Constitution and who being eligible offers himself for re-election. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 583 | 24 |
| No. of Shares | 538,452,243 | 246,257 |
| % of Voted Shares | 99.9540 | 0.0460 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
||
| Description |
To re-elect Puan Uji Sherina binti Abdullah as Director of the Company, who retires in accordance with Article 18.11 of the Company's Constitution and who being eligible offers herself for re-election. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 583 | 25 |
| No. of Shares | 538,449,943 | 248,857 |
| % of Voted Shares | 99.9540 | 0.0460 |
| Result | Accepted | |
4. Ordinary Resolution 4 |
||
| Description |
To re-elect Professor Joseph Cherian as Director of the Company, who retires in accordance with Article 18.11 of the Company's Constitution and who being eligible offers himself for re-election. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 0 | 0 |
| No. of Shares | 0 | 0 |
| % of Voted Shares | 0.0000 | 0.0000 |
| Result | Withdrawn/ Postponed | |
5. Ordinary Resolution 5 |
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| Description |
To approve the payment of Directors fees amounting to RM300,000 per annum for the Non-Executive Chairman and RM200,000 per annum for each of the Non-Executive Directors in respect of the financial year ended 31 December 2019. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 563 | 44 |
| No. of Shares | 538,241,192 | 468,258 |
| % of Voted Shares | 99.9130 | 0.0870 |
| Result | Accepted | |
6. Ordinary Resolution 6 |
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| Description |
To approve the payment of benefits payable to the Non-Executive Chairman and Non-Executive Directors up to an amount of RM2,200,000 from 1 April 2020 until the next AGM of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 559 | 48 |
| No. of Shares | 387,967,888 | 150,724,962 |
| % of Voted Shares | 72.0200 | 27.9800 |
| Result | Accepted | |
7. Ordinary Resolution 7 |
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| Description |
To appoint Ernst & Young PLT as Auditors of the Company for the financial year ending 31 December 2020 and to authorise the Board of Directors to determine their remuneration. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 588 | 20 |
| No. of Shares | 538,460,850 | 229,550 |
| % of Voted Shares | 99.9570 | 0.0430 |
| Result | Accepted | |
Please refer attachment below.
Announcement Info
| Company Name | BURSA MALAYSIA BERHAD |
| Stock Name | BURSA |
| Date Announced | 29 Apr 2020 |
| Category | General Meeting |
| Reference Number | GMA-29042020-00008 |
| Corporate Action ID | MY200429MEET0007 |
Attachments
- Poll_Results-43rd_AGM-Bursa_Malaysia_Berhad.pdf (Size: 259,543 bytes)