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GENERAL MEETINGS: Outcome of Meeting

KUCHAI DEVELOPMENT BERHAD

Type of Meeting General
Indicator Outcome of Meeting
Date of Meeting 01 Dec 2023
Time 09:00 AM

Venue(s)
Magpie Room, Fraser Place Puteri Harbour,

Residensi & Hotel Marina, Persiaran Tanjung,

Pengkalan Puteri, 79100 Iskandar Puteri,

Johor Darul Takzim,

Malaysia

Outcome of Meeting

The Board of Directors of Kuchai Development Berhad ("the Company") is pleased to announce that all the resolutions set out in the notice of the Fifty-Fifth Annual General Meeting ("55th AGM") dated 30 October 2023 were duly passed at the 55th AGM held at Broadcast Venue of Magpie Room, Fraser Place Puteri Harbour, Residensi & Hotel Marina, Persiaran Tanjung, Pangkalan Puteri, 79100 Iskandar Puteri, Johor, Malaysia on 1 December 2023.

All resolutions tabled at the 55th AGM were voted by poll and results of the poll were validated by the appointed Independent Scrutineer, M/s Sky Corporate Services Sdn. Bhd.  Please refer to the attachment for the poll results validated by the scrutineer.


Voting Results


1. Ordinary Resolution 1

Description
To declare and approve the payment of Single Tier First and Final Dividend of 1 sen per ordinary share in respect of the financial year ended 30 June 2023
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 11 0
No. of Shares 64,438,592 0
% of Voted Shares 100.0000 0.0000
Result Accepted

2. Ordinary Resolution 2

Description
To declare and approve the payment of Single Tier Bonus Dividend of 1.5 sen per share
for the financial year ended 30 June 2023
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 11 0
No. of Shares 64,438,592 0
% of Voted Shares 100.0000 0.0000
Result Accepted

3. Ordinary Resolution 3

Description
To approve the payment of Directors fees and other benefits not exceeding of RM450,000 from 1 July 2023 until the conclusion of the next annual General Meeting to be held in 2024
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 10 2
No. of Shares 64,435,492 3,200
% of Voted Shares 99.9950 0.0050
Result Accepted

4. Ordinary Resolution 4

Description
To re-elect Mr Cheong Mun Hong as Director
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 11 1
No. of Shares 64,435,592 3,100
% of Voted Shares 99.9952 0.0048
Result Accepted

5. Ordinary Resolution 5

Description
To re-elect Madam Elsie Kok Yin Mei as Director
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 10 2
No. of Shares 64,435,492 3,200
% of Voted Shares 99.9950 0.0050
Result Accepted

6. Ordinary Resolution 6

Description
To re-elect Ms Anita Chew Cheng Im as Director
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 10 1
No. of Shares 64,435,492 3,100
% of Voted Shares 99.9952 0.0048
Result Accepted

7. Ordinary Resolution 7

Description
To re-appoint Messrs Ernst & Young PLT as Auditors of the
Company for the financial year ending 30 June 2024 and to
authorise the Directors to fix their remuneration
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 12 1
No. of Shares 64,438,792 100
% of Voted Shares 99.9998 0.0002
Result Accepted

8. Ordinary Resolution 8

Description
Authority to Allot and Issue Shares by Directors pursuant to Sections 75 & 76 of the Companies Act 2016
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 11 2
No. of Shares 64,438,741 151
% of Voted Shares 99.9998 0.0002
Result Accepted

9. Ordinary Resolution 9

Description
Proposed Renewal of Shareholders Mandate for Share Buy-Back Authority
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 12 1
No. of Shares 64,438,792 100
% of Voted Shares 99.9998 0.0002
Result Accepted



Please refer attachment below.

Attachments

Kuchai-55th AGM Poll Result.pdf
245.8 kB




Announcement Info

Company Name KUCHAI DEVELOPMENT BERHAD
Stock Name KUCHAI
Date Announced 01 Dec 2023
Category General Meeting
Reference Number GMA-01122023-00008
Corporate Action ID MY231201MEET0007



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