GENERAL MEETINGS: Outcome of Meeting
| KAREX BERHAD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 28 Nov 2025 |
| Time | 10:00 AM |
| Venue(s) |
Ballroom 1, Ground Floor, Setia City Convention Centre, No. 1, Jalan Setia Dagang AG U13/AG Setia Alam, Seksyen U13, 40170 Shah Alam, 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 13th Annual General Meeting (“AGM”) of the Company dated 28 October 2025 were passed at the AGM of the Company held on Friday, 28 November 2025 at 10:00 a.m., except for Ordinary Resolution 2.
All of the resolutions were voted by polls and the results of the poll were validated by Sky Corporate Services Sdn. Bhd., the Independent Scrutineers appointed by the Company. Please refer to the attachment for the details of the poll results. This announcement is dated 28 November 2025. |
Voting Results |
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1. Ordinary Resolution 1 |
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| Description |
To re-elect Professor Dato' Dr. Adeeba binti Kamarulzaman who is retiring in accordance with Clause 97 of the Company's Constitution, and being eligible, has offered herself for re-election. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 123 | 2 |
| No. of Shares | 709,893,255 | 2,100 |
| % of Voted Shares | 99.9997 | 0.0003 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
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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 | 103 | 22 |
| No. of Shares | 109,038,374 | 600,856,981 |
| % of Voted Shares | 15.3598 | 84.6402 |
| Result | Rejected | |
3. Ordinary Resolution 3 |
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| Description |
To re-elect Ms Kung Chin Woon who is retiring in accordance with Clause 104 of the Company's Constitution, and being eligible, has offered herself for re-election. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 123 | 2 |
| No. of Shares | 709,893,255 | 2,100 |
| % of Voted Shares | 99.9997 | 0.0003 |
| Result | Accepted | |
4. Ordinary Resolution 4 |
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| Description |
To re-elect Mr Jaimie Sia Zui Keng 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 | 123 | 2 |
| No. of Shares | 709,893,255 | 2,100 |
| % of Voted Shares | 99.9997 | 0.0003 |
| Result | Accepted | |
5. Ordinary Resolution 5 |
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| Description |
To approve the payment of Directors' Fees payable to the Non-Executive Directors of the Company and its subsidiaries amounting to RM1,610,000 for the financial period from 1 July 2024 until the conclusion of next annual general meeting of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 112 | 7 |
| No. of Shares | 637,215,703 | 10,875 |
| % of Voted Shares | 99.9983 | 0.0017 |
| Result | Accepted | |
6. Ordinary Resolution 6 |
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| Description |
To approve the payment of Directors' remuneration and benefits payable to the Non-Executive Directors of the Company and its subsidiaries up to an amount of RM150,000 for the period from 1 December 2025 until the conclusion of the next annual general meeting of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 112 | 7 |
| No. of Shares | 637,220,696 | 5,882 |
| % of Voted Shares | 99.9991 | 0.0009 |
| Result | Accepted | |
7. Ordinary 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 | 123 | 2 |
| No. of Shares | 709,893,255 | 2,100 |
| % of Voted Shares | 99.9997 | 0.0003 |
| Result | Accepted | |
8. Ordinary Resolution 8 |
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| Description |
Authority to Issue and Allot Shares |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 122 | 3 |
| No. of Shares | 709,873,255 | 22,100 |
| % of Voted Shares | 99.9969 | 0.0031 |
| Result | Accepted | |
Please refer attachment below.
Announcement Info
| Company Name | KAREX BERHAD |
| Stock Name | KAREX |
| Date Announced | 28 Nov 2025 |
| Category | General Meeting |
| Reference Number | GMA-28112025-00021 |
| Corporate Action ID | MY251128MEET0020 |