• RM576 Save up to RM288 with the Yearly Premium Plan (Limited Time Only)
  • RM480 Save up to RM240 with the Yearly Advanced Plan (Limited Time Only)
Subscribe Now
premium Subscription Plan
add free StockBiz
YouTube MS Production

Last Price Change Volume
KLSE Market Watch
Open: Day Range: Prev Close:


GENERAL MEETINGS: Outcome of Meeting

KIMLUN CORPORATION BERHAD

Type of Meeting General
Indicator Outcome of Meeting
Date of Meeting 02 Jun 2023
Time 02:30 PM

Venue(s)
Online Meeting Platform via

TIIH Online website at https://tiih.online

Malaysia

Outcome of Meeting

The Board of Directors of Kimlun Corporation Berhad ("KIMLUN") is pleased to announce that the resolutions set out in the Notice of Fourteenth (14th) Annual General Meeting ("14th AGM") dated 27 April 2023 were duly passed at the 14th AGM of KIMLUN held on 2 June 2023.

 

The results of the poll, which have been verified by Asia Securities Sdn Bhd, the independent scrutineer appointed by KIMLUN, is attached for reference.


Voting Results


1. Resolution 1

Description
To re-elect Pang Khang Hau who retires pursuant to Clause 76(3) of the Company's Constitution, as Director of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 79 14
No. of Shares 203,393,347 48,751
% of Voted Shares 99.9760 0.0240
Result Accepted

2. Resolution 2

Description
To re-elect Yam Tai Fong who retires pursuant to Clause 76(3) of the Company's Constitution, as Director of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 79 14
No. of Shares 203,393,347 48,751
% of Voted Shares 99.9760 0.0240
Result Accepted

3. Resolution 3

Description
To re-elect Datuk Woon See Chin who retires pursuant to Clause 76(3) of the Company's Constitution, as Director of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 79 14
No. of Shares 203,393,347 48,751
% of Voted Shares 99.9760 0.0240
Result Accepted

4. Resolution 4

Description
To declare a single tier final dividend of 1.0 sen per Ordinary Share for the financial year ended 31 December 2022.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 84 9
No. of Shares 203,395,587 46,511
% of Voted Shares 99.9771 0.0229
Result Accepted

5. Resolution 5

Description
To approve the payment of Directors' fees and benefits up to an amount of RM480,000.00 to the Non-Executive Directors for the period from the 14th AGM until the next AGM of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 74 18
No. of Shares 203,366,108 74,840
% of Voted Shares 99.9632 0.0368
Result Accepted

6. Resolution 6

Description
To re-appoint Messrs Crowe 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 79 13
No. of Shares 203,381,634 60,364
% of Voted Shares 99.9703 0.0297
Result Accepted

7. Resolution 7

Description
Waiver of pre-emptive rights pursuant to Section 85 of the Companies Act 2016.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 77 15
No. of Shares 203,373,908 68,090
% of Voted Shares 99.9665 0.0335
Result Accepted

8. Resolution 8

Description
Authority to allot shares pursuant to Sections 75 and 76 of the Companies Act 2016.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 73 19
No. of Shares 203,379,104 62,894
% of Voted Shares 99.9691 0.0309
Result Accepted

9. Resolution 9

Description
Proposed renewal of shareholders' mandate for the Company and/or its subsidiaries to
enter into recurrent related party transactions of a revenue or trading nature with related
parties ("Proposed RRPT Mandate").
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 72 13
No. of Shares 29,129,147 47,651
% of Voted Shares 99.8367 0.1633
Result Accepted

10. Resolution 10

Description
Proposed renewal of authority for the Company to purchase its own shares of up to ten per cent (10%) of the total number of issued shares ("Proposed Renewal of Share Buy-Back").
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 81 11
No. of Shares 203,226,987 215,011
% of Voted Shares 99.8943 0.1057
Result Accepted



Please refer attachment below.

Attachments

KIMLUN 14th AGM-Poll Results.pdf
745.6 kB




Announcement Info

Company Name KIMLUN CORPORATION BERHAD
Stock Name KIMLUN
Date Announced 02 Jun 2023
Category General Meeting
Reference Number GMA-16052023-00009
Corporate Action ID MY230516MEET0009



Close
New Feature
MS Academy
AI StockMaster. Beat The Market! Checking MS Signal
DETECT REAL-TIME STOCK MOVEMENT
X
(InvestorPro Plan Only)
Complimentary access on Premium Plan*
What is AI StockMaster?
Window Alert On-Screen Alert X
X