SSTEEL

0.420

(%)

GENERAL MEETINGS: Outcome of Meeting

SOUTHERN STEEL BERHAD

Type of Meeting General
Indicator Outcome of Meeting
Date of Meeting 26 Feb 2026
Time 10:30 AM

Venue(s) 
Training Room C, Level 1, Southern Steel Berhad,

No. 2723, Lorong Perusahaan 12,

Prai Industrial Estate,

13600 Prai, Pulau Pinang,

Malaysia

Outcome of Meeting

The Board of Directors of Southern Steel Berhad ("the Company") wishes to announce that all resolutions as set out in the Notice of the Sixty-Fourth Annual General Meeting ("64th AGM") of the Company dated 26 January 2026 were passed by the shareholders of the Company at the 64th AGM held today. All the resolutions tabled were voted by poll and the results of the poll were validated by Commercial Quest Sdn. Bhd., the independent scrutineer appointed by the Company.


This announcement is dated 26 February 2026.

Voting Results

1. Ordinary Resolution 1

Description 
To approve the payment of Directors' Other Benefits up to an amount of RM40,000/- for the period from a day after the 64th AGM until the next Annual General Meeting ("AGM") of the Company to be held in year 2027.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 10 0
No. of Shares 1,322,164,186 0
% of Voted Shares 100.0000 0.0000
Result Accepted

2. Ordinary Resolution 2

Description 
To re-elect YBhg. Datuk Ir. Rosaline Ganendra, who is due to retire by rotation pursuant to Clause 113 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 11 0
No. of Shares 1,323,286,830 0
% of Voted Shares 100.0000 0.0000
Result Accepted

3. Ordinary Resolution 3

Description 
To re-appoint Messrs. KPMG PLT as External Auditor of the Company until the conclusion of the next AGM and to authorise the Directors to fix their remuneration.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 11 0
No. of Shares 1,323,286,830 0
% of Voted Shares 100.0000 0.0000
Result Accepted

4. Ordinary Resolution 4

Description 
Authority to Issue Shares pursuant to the Companies Act 2016.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 11 0
No. of Shares 1,323,286,830 0
% of Voted Shares 100.0000 0.0000
Result Accepted

5. Ordinary Resolution 5

Description 
Proposed Shareholders' Mandate for New Recurrent Related Party Transactions of a Revenue or Trading Nature.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 9 0
No. of Shares 153,992,344 0
% of Voted Shares 100.0000 0.0000
Result Accepted





Announcement Info

Company Name SOUTHERN STEEL BERHAD
Stock Name SSTEEL
Date Announced 26 Feb 2026
Category General Meeting
Reference Number GMA-26022026-00011
Corporate Action ID MY260226MEET0011


View original announcement