MASTEEL

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GENERAL MEETINGS: Outcome of Meeting

MALAYSIA STEEL WORKS (KL) BHD

Type of Meeting General
Indicator Outcome of Meeting
Date of Meeting 04 Jun 2026
Time 12:00 PM

Venue(s) 
Ballroom 2, Level 1, Wyndham Acmar Klang Hotel

No. 1-G-1, Persiaran Bukit Raja 2/KU1, Bandar Baru Klang

41150 Klang

Selangor Darul Ehsan

Malaysia

Outcome of Meeting

The Board of Directors of Malaysia Steel Works (KL) Bhd ("the Company") is pleased to announce that all the resolutions set out in the Notice of the Fifty-Fourth Annual General Meeting ("54th AGM") of the Company dated 29 April 2026 were duly passed by the shareholders at the 54th AGM of the Company held earlier today.

 

All the resolutions were voted on by poll and the results of the poll were validated by Commercial Quest Sdn. Bhd., the Independent Scrutineer appointed by the Company. Details of the poll results are set out below.

 

This announcement is dated 4 June 2026.

Voting Results

1. Ordinary Resolution 1

Description 
To approve the Directors' fees up to an aggregate amount of RM168,000.00 for the financial year ending 31 December 2026 and benefits payable to the Directors up to an aggregate amount of RM450,000.00 from 5 June 2026 until the next AGM of the Company and the payment thereof.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 120 11
No. of Shares 64,109,009 126,212
% of Voted Shares 99.8035 0.1965
Result Accepted

2. Ordinary Resolution 2

Description 
To re-elect Mr. Roy Thean Chong Yew who is retiring pursuant to Clause 96 of the Constitution of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 129 4
No. of Shares 67,366,135 80,485
% of Voted Shares 99.8807 0.1193
Result Accepted

3. Ordinary Resolution 3

Description 
To re-elect Puan Zueraini Binti Ahmad Basri who is retiring pursuant to Clause 96 of the Constitution of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 127 6
No. of Shares 67,303,140 143,480
% of Voted Shares 99.7873 0.2127
Result Accepted

4. Ordinary Resolution 4

Description 
To re-appoint UHY Malaysia PLT as Auditors of the Company and to authorise the Directors to fix their remuneration.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 129 4
No. of Shares 67,365,340 81,280
% of Voted Shares 99.8795 0.1205
Result Accepted

5. Ordinary Resolution 5

Description 
To approve the proposed continuation in office of Mr. Roy Thean Chong Yew as Independent Non-Executive Director.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 129 4
No. of Shares 67,366,135 80,485
% of Voted Shares 99.8807 0.1193
Result Accepted

6. Ordinary Resolution 6

Description 
To approve the proposed renewal of authority for the Company to purchase its own ordinary shares.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 126 7
No. of Shares 67,344,740 101,880
% of Voted Shares 99.8489 0.1511
Result Accepted

7. Ordinary Resolution 7

Description 
To approve the proposed renewal of authority under Sections 75 and 76 of the Companies Act 2016 and the Constitution of the Company for the Directors to allot and issue shares.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 122 11
No. of Shares 67,334,407 112,213
% of Voted Shares 99.8336 0.1664
Result Accepted



Please refer attachment below.

Attachments

Masteel - 54th AGM Poll Results.pdf
1.2 MB



Announcement Info

Company Name MALAYSIA STEEL WORKS (KL) BHD
Stock Name MASTEEL
Date Announced 04 Jun 2026
Category General Meeting
Reference Number GMA-03062026-00017
Corporate Action ID MY260603MEET0017


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