GENERAL MEETINGS: Outcome of Meeting
| KAREX BERHAD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 27 Nov 2023 |
| Time | 10:00 AM |
| Venue(s) |
Online Meeting Platform - https://meeting.boardroomlimited.my Broadcast Venue: 12th Floor, Menara Symphony, No. 5, Jalan Prof. Khoo Kay Kim Seksyen 13, 46200 Petaling Jaya, Selangor Malaysia |
| Outcome of Meeting | The Board of Directors of Karex Berhad (“the Company”) is pleased to announce that all the resolutions as set out in the Notice of the Eleventh Annual General Meeting (“AGM”) of the Company dated 27 October 2023 were duly passed as Ordinary Resolutions at the Eleventh AGM of the Company held on Monday, 27 November 2023 at 10:00 a.m.
Please refer to the attachment for the details of the poll results.
This announcement is dated 27 November 2023. |
Voting Results |
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1. Resolution 1 |
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| Description |
To re-elect Dato Dr. Ong Eng Long @ Ong Siew Chuan who is retiring in accordance with Clause 97 of the Company's Constitution, and being eligible, has offered himself for re-election. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 240 | 46 |
| No. of Shares | 512,758,816 | 140,515,540 |
| % of Voted Shares | 78.4906 | 21.5094 |
| Result | Accepted | |
2. Resolution 2 |
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| Description |
To re-elect Mr Goh Miah Kiat who is retiring in accordance with Clause 97 of the Company's Constitution, and being eligible, has offered himself for re-election. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 245 | 40 |
| No. of Shares | 653,193,486 | 80,870 |
| % of Voted Shares | 99.9876 | 0.0124 |
| Result | Accepted | |
3. Resolution 3 |
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| Description |
To re-elect Dato Edward Siew Mun Wai who is retiring in accordance with Clause 97 of the Company's Constitution, and being eligible, has offered himself for re-election. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 243 | 42 |
| No. of Shares | 650,912,086 | 2,362,270 |
| % of Voted Shares | 99.6384 | 0.3616 |
| Result | Accepted | |
4. Resolution 4 |
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| Description |
To re-elect Mr Chew Fook Aun who is retiring in accordance with Clause 104 of the Company's Constitution, and being eligible, has offered himself for re-election. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 245 | 40 |
| No. of Shares | 653,173,986 | 100,370 |
| % of Voted Shares | 99.9846 | 0.0154 |
| Result | Accepted | |
5. Resolution 5 |
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| Description |
To approve the payment of Directors' Fees of RM490,000 for the financial year ended 30 June 2023. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 213 | 72 |
| No. of Shares | 650,645,443 | 2,628,913 |
| % of Voted Shares | 99.5976 | 0.4024 |
| Result | Accepted | |
6. Resolution 6 |
||
| Description |
To approve the payment of Directors' remuneration (excluding Directors Fees) and benefits payable to the Directors of the Company and its subsidiaries up to an amount of RM61,000 for the period from 1 December 2023 to 30 November 2024. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 212 | 72 |
| No. of Shares | 650,645,008 | 2,619,348 |
| % of Voted Shares | 99.5990 | 0.4010 |
| Result | Accepted | |
7. Resolution 7 |
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| Description |
To re-appoint Messrs KPMG PLT as Auditors of the Company until the conclusion of the next Annual General Meeting and to authorise the Directors to fix their remuneration. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 243 | 41 |
| No. of Shares | 653,095,588 | 168,768 |
| % of Voted Shares | 99.9742 | 0.0258 |
| Result | Accepted | |
8. Resolution 8 |
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| Description |
Authority to Issue and Allot Shares |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 231 | 53 |
| No. of Shares | 650,729,377 | 2,534,979 |
| % of Voted Shares | 99.6120 | 0.3880 |
| Result | Accepted | |
9. Resolution 9 |
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| Description |
(Tier 1) Continuation in Office of Independent Non- Executive Director - Dato' Dr. Ong Eng Long @ Ong Siew Chuan |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 2 | 0 |
| No. of Shares | 190,409,000 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
10. Resolution 9 |
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| Description |
(Tier 2) Continuation in Office of Independent Non- Executive Director - Dato' Dr. Ong Eng Long @ Ong Siew Chuan |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 234 | 49 |
| No. of Shares | 322,268,487 | 140,586,869 |
| % of Voted Shares | 69.6262 | 30.3738 |
| Result | Accepted | |
Please refer attachment below.
Announcement Info
| Company Name | KAREX BERHAD |
| Stock Name | KAREX |
| Date Announced | 27 Nov 2023 |
| Category | General Meeting |
| Reference Number | GMA-27112023-00008 |
| Corporate Action ID | MY231127MEET0008 |