GENERAL MEETINGS: Outcome of Meeting
| BUMI ARMADA BERHAD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 22 May 2025 |
| Time | 03:30 PM |
| Venue(s) |
Ballrooms 1 & 2, 1st Floor, Sime Darby Convention Centre, 1A Jalan Bukit Kiara 1, 60000 Kuala Lumpur, Malaysia |
| Outcome of Meeting | The Board of Directors of Bumi Armada Berhad ("Bumi Armada" or "the Company") wishes to announce that all the resolutions set out in the Notice of Twenty Ninth Annual General Meeting ("29th AGM") dated 23 April 2025 and tabled at the 29th AGM of the Company held today, 22 May 2025 were duly passed.
The Audited Financial Statements of the Company for the financial year ended 31 December 2024 together with the Reports of the Directors and Auditors thereon were received and duly tabled at the 29th AGM under Agenda 1. Ordinary Resolutions 1 to 5 were voted on a poll by way of electronic voting in accordance with Paragraph 8.29A(1) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad.
The 29th AGM was held in person at the Venue. The results for the 29th AGM were validated by SKY Corporate Services Sdn. Bhd., the Independent Scrutineer appointed by Bumi Armada. Please refer to the attachment for the full text of the resolutions and the poll results of the 29th AGM.
This announcement is dated 22 May 2025. |
Voting Results |
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1. Ordinary Resolution 1 |
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| Description |
To re-elect Ms Maureen Toh Siew Guat who retires by rotation in accordance with Rule 131.1 of the Company's Constitution, and who being eligible, offers herself for re-election as Director of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 232 | 63 |
| No. of Shares | 3,220,598,053 | 154,716,359 |
| % of Voted Shares | 95.4162 | 4.5838 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
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| Description |
To re-elect Mr Rohan a/l Rajan Rajasooria who retires by rotation in accordance with Rule 131.1 of the Company's Constitution, and who being eligible, offers himself for re-election as a Director of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 227 | 67 |
| No. of Shares | 3,249,373,332 | 94,364,080 |
| % of Voted Shares | 97.1779 | 2.8221 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
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| Description |
To approve the payment of fees and benefits to the Non-Executive Directors of an amount up to RM3.25 million from 22 May 2025 until the conclusion of the next AGM of the Company to be held in 2026. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 241 | 51 |
| No. of Shares | 3,272,473,544 | 102,840,868 |
| % of Voted Shares | 96.9531 | 3.0469 |
| Result | Accepted | |
4. Ordinary Resolution 4 |
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| Description |
To re-appoint Messrs PricewaterhouseCoopers PLT as Auditors of the Company for the financial year ending 31 December 2025 and to authorise the Directors to fix their remuneration for that year. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 267 | 23 |
| No. of Shares | 3,362,803,117 | 12,511,295 |
| % of Voted Shares | 99.6293 | 0.3707 |
| Result | Accepted | |
5. Ordinary Resolution 5 |
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| Description |
Authority to issue and allot new ordinary shares pursuant to Sections 75 and 76 of the Companies Act, 2016 and the Main Market Listing Requirements of Bursa Malaysia Securities Berhad. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 267 | 23 |
| No. of Shares | 3,366,373,467 | 8,940,945 |
| % of Voted Shares | 99.7351 | 0.2649 |
| Result | Accepted | |
Please refer attachment below.
Announcement Info
| Company Name | BUMI ARMADA BERHAD |
| Stock Name | ARMADA |
| Date Announced | 22 May 2025 |
| Category | General Meeting |
| Reference Number | GMA-22052025-00019 |
| Corporate Action ID | MY250522MEET0019 |