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GENERAL MEETINGS: Outcome of Meeting

BOUSTEAD HOLDINGS BERHAD

Type of Meeting General
Indicator Outcome of Meeting
Date of Meeting 15 Jun 2023
Time 09:30 AM

Venue(s)
Online Platform via TIIH Online website

at https://tiih.online

with Remote Participation and Voting (RPV) facilities

Malaysia

Broadcast Venue: Amphitheatre, Level 23, The Bousteador

No. 10, Jalan PJU 7/6, Mutiara Damansara

47800 Petaling Jaya, Selangor

Malaysia

Outcome of Meeting

The Board of Directors of Boustead Holdings Berhad ("Company") wishes to announce that all the Ordinary Resolutions as set out in the Notice of the 61st Annual General Meeting ("AGM") of the Company dated 28 April 2023 were duly passed by the shareholders at the AGM of the Company. 

 

All the Resolutions were voted by poll and the results of the poll were validated by KPMG Management & Risk Consulting Sdn Bhd, the independent scrutineer appointed by the Company. 

 

Please refer to the attachment for the poll results.

 

This announcement is dated 15 June 2023. 


Voting Results


1. Ordinary Resolution 1

Description
To re-elect Lieutenant General Dato' Fadzil Mokhtar (R) who retires by rotation in accordance with Article 117 of the Company's Constitution, and being eligible, offers himself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 352 109
No. of Shares 1,966,563,472 193,280
% of Voted Shares 99.9902 0.0098
Result Accepted

2. Ordinary Resolution 2

Description
To re-elect Muhammad Fitri Othman who retires in accordance with Article 123 of the Company's Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 350 111
No. of Shares 1,966,560,572 196,180
% of Voted Shares 99.9900 0.0100
Result Accepted

3. Ordinary Resolution 3

Description
To approve payment of Directors' fees, allowances and other benefits for Boustead Holdings Berhad and its subsidiaries from 16 June 2023 until the conclusion of the next AGM of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 326 133
No. of Shares 1,966,520,044 235,697
% of Voted Shares 99.9880 0.0120
Result Accepted

4. Ordinary Resolution 4

Description
To re-appoint Messrs. Ernst & Young PLT as auditors of the Company and to hold office until the conclusion of the next AGM, at a remuneration to be determined by the Directors.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 381 82
No. of Shares 1,966,639,022 124,731
% of Voted Shares 99.9937 0.0063
Result Accepted

5. Ordinary Resolution 5

Description
Authority to allot and issue shares in general pursuant to Sections 75 to 76 of the Companies Act 2016.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 342 120
No. of Shares 1,966,547,435 215,818
% of Voted Shares 99.9890 0.0110
Result Accepted

6. Ordinary Resolution 6

Description
Proposed Renewal of Shareholders' Mandate for Recurrent Related Party Transactions.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 351 109
No. of Shares 684,283 185,016
% of Voted Shares 78.7166 21.2834
Result Accepted



Please refer attachment below.

Attachments

BHB - Poll Results.pdf
56.9 kB




Announcement Info

Company Name BOUSTEAD HOLDINGS BERHAD
Stock Name BSTEAD
Date Announced 15 Jun 2023
Category General Meeting
Reference Number GMA-06062023-00009
Corporate Action ID MY230606MEET0009