GENERAL MEETINGS: Outcome of Meeting
| MUHIBBAH ENGINEERING (M) BHD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 26 Jun 2025 |
| Time | 02:00 PM |
| Venue(s) |
Concorde Hotel Shah Alam Concorde I, Level 2 3, Jalan Tengku Ampuan Zabedah C9/C 40100 Shah Alam, Selangor Darul Ehsan Malaysia |
| Outcome of Meeting | On behalf of the Board of Directors of Muhibbah Engineering (M) Bhd ("MEB" or "the Company"), we are pleased to announce that the shareholders of MEB had on 26 June 2025, approved all the resolutions referred to in the Notice of Fifty-Second Annual General Meeting ("52nd AGM") dated 29 April 2025 at the 52nd AGM of MEB.
All the resolutions were determined by way of poll and the results of the poll were validated by Coopers Professional Scrutineers Sdn Bhd, the Independent Scrutineer appointed by the Company.
This announcement is dated 26 June 2025. |
Voting Results |
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1. Ordinary Resolution 1 |
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| Description |
To approve the declaration of a first and final tax-exempt dividend of 3.0 sen per ordinary share in respect of the financial year ended 31 December 2024. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 160 | 1 |
| No. of Shares | 288,217,890 | 500 |
| % of Voted Shares | 99.9998 | 0.0002 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
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| Description |
To re-elect Dato' Mohamad Kamarudin bin Hassan who retires by rotation pursuant to Article 85 of the Constitution of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 133 | 28 |
| No. of Shares | 231,845,633 | 56,372,757 |
| % of Voted Shares | 80.4410 | 19.5590 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
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| Description |
To re-elect Mr. Mac Ngan Boon @ Mac Yin Boon who retires by rotation pursuant to Article 85 of the Constitution of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 151 | 3 |
| No. of Shares | 163,935,166 | 644,100 |
| % of Voted Shares | 99.6086 | 0.3914 |
| Result | Accepted | |
4. Ordinary Resolution 4 |
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| Description |
To re-elect Ms. Lee Poh Kwee who retires by rotation pursuant to Article 85 of the Constitution of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 143 | 17 |
| No. of Shares | 259,563,225 | 18,446,007 |
| % of Voted Shares | 93.3650 | 6.6350 |
| Result | Accepted | |
5. Ordinary Resolution 5 |
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| Description |
To approve the payment of Directors' fees and benefits payable up to an amount of RM1,500,000.00 from 27 June 2025 until the next AGM of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 156 | 5 |
| No. of Shares | 281,431,472 | 13,652 |
| % of Voted Shares | 99.9951 | 0.0049 |
| Result | Accepted | |
6. Ordinary Resolution 6 |
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| Description |
To re-appoint Messrs Crowe Malaysia PLT as the Company's Auditors for the ensuing year and to authorise the Directors to fix their remuneration. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 156 | 6 |
| No. of Shares | 287,006,838 | 1,214,702 |
| % of Voted Shares | 99.5786 | 0.4214 |
| Result | Accepted | |
7. Ordinary Resolution 7 |
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| Description |
Authority for Dato' Mohamad Kamarudin bin Hassan to continue in office as Independent Director of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 6 | 0 |
| No. of Shares | 123,638,124 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
8. Ordinary Resolution 8 |
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| Description |
Authority for Directors to issue and allot shares in the Company pursuant to Section 75 of the Companies Act 2016. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 143 | 18 |
| No. of Shares | 261,989,638 | 26,231,702 |
| % of Voted Shares | 90.8988 | 9.1012 |
| Result | Accepted | |
9. Ordinary Resolution 9 |
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| Description |
To approve the Proposed Renewal of Authority for Share Buy-Back. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 157 | 5 |
| No. of Shares | 287,503,415 | 718,125 |
| % of Voted Shares | 99.7508 | 0.2492 |
| Result | Accepted | |
10. Ordinary Resolution 10 |
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| Description |
To approve the Proposed Renewal of the Existing Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 146 | 1 |
| No. of Shares | 124,074,464 | 2 |
| % of Voted Shares | 99.9999 | 0.0001 |
| Result | Accepted | |
11. Ordinary Resolution 7 (Second Tier) |
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| Description |
Authority for Dato' Mohamad Kamarudin bin Hassan to continue in office as Independent Director of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 132 | 23 |
| No. of Shares | 120,532,241 | 43,984,275 |
| % of Voted Shares | 73.2645 | 26.7355 |
| Result | Accepted | |
Announcement Info
| Company Name | MUHIBBAH ENGINEERING (M) BHD |
| Stock Name | MUHIBAH |
| Date Announced | 26 Jun 2025 |
| Category | General Meeting |
| Reference Number | GMA-24062025-00004 |
| Corporate Action ID | MY250624MEET0004 |