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GENERAL MEETINGS: Outcome of Meeting

ILB GROUP BERHAD

Type of Meeting General
Indicator Outcome of Meeting
Date of Meeting 17 May 2024
Time 10:00 AM

Venue(s)
Broadcast Venue at Level 12, Menara Symphony, No. 5,

Jalan Prof. Khoo Kay Kim, Seksyen 13, 46200 Petaling Jaya, Selangor

Meeting Platform via https://meeting.boardroomlimited.my

with Remote Participation and Electronic Voting facilities

Malaysia

Outcome of Meeting

The Board of Directors of IILB Group Berhad ("ILB" or "the Company") is pleased to announce that all the resolutions as set out in the Notice of the Thirty-Second Annual General Meeting ("32nd AGM") of ILB dated 18 April 2024 were duly passed by way of poll at the 32nd AGM of ILB which was conducted fully virtual at the Broadcast Venue at Level 12, Menara Symphony, No. 5, Jalan Prof. Khoo Kay Kim, Seksyen 13, 46200 Petaling Jaya, Selangor on Friday, 17 May 2024 at 10.00 a.m.

 

The results of the poll were validated by Sky Corporate Services Sdn Bhd, being the Independent Scrutineer appointed by the Company.

 

The details of the poll results are set out below.

 

This announcement is dated 17 May 2024.


Voting Results


1. Ordinary Resolution 1

Description
To approve the payment of Directors Fees to Non-Executive Directors up to an amount of RM487,500 for the period from 1 April 2024 until the next AGM of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 637 65
No. of Shares 101,238,878 164,223
% of Voted Shares 99.8380 0.1620
Result Accepted

2. Ordinary Resolution 2

Description
To approve payment of Directors Benefits (excluding directors fees) to Non-Executive Directors up to an amount of RM85,000 for the period from 1 April 2024 until the next AGM of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 639 63
No. of Shares 101,252,111 150,990
% of Voted Shares 99.8511 0.1489
Result Accepted

3. Ordinary Resolution 3

Description
To re-elect Wan Azfar bin Dato Wan Annuar as Director in accordance with Clause 100 of the Companys Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 645 58
No. of Shares 101,377,794 25,312
% of Voted Shares 99.9750 0.0250
Result Accepted

4. Ordinary Resolution 4

Description
To re-elect Jamilah binti Kamal as Director in accordance with Clause 100 of the Companys Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 646 57
No. of Shares 101,377,737 25,369
% of Voted Shares 99.9750 0.0250
Result Accepted

5. Ordinary Resolution 5

Description
To re-elect Tang Ming Yng as Director in accordance with Clause 107 of the Companys Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 650 53
No. of Shares 101,381,015 22,091
% of Voted Shares 99.9782 0.0218
Result Accepted

6. Ordinary Resolution 6

Description
To re-elect Tang Weihann as Director in accordance with Clause 107 of the Companys Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 650 53
No. of Shares 101,381,015 22,091
% of Voted Shares 99.9782 0.0218
Result Accepted

7. Ordinary Resolution 7

Description
To re-appoint Messrs Baker Tilly Monteiro Heng PLT as the Companys Auditors until the conclusion of the next AGM and to authorize the Directors to fix their remuneration.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 648 55
No. of Shares 101,381,013 22,093
% of Voted Shares 99.9782 0.0218
Result Accepted

8. Ordinary Resolution 8

Description
Retention of Wan Azfar bin Dato Wan Annuar as Independent Non-Executive Director via two tier voting process.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 642 61
No. of Shares 101,377,653 25,453
% of Voted Shares 99.9749 0.2510
Result Accepted

9. Ordinary Resolution 9

Description
Proposed Renewal of Share Buy-Back Authority.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 643 60
No. of Shares 101,368,275 34,831
% of Voted Shares 99.9657 0.0343
Result Accepted

10. Ordinary Resolution 10

Description
To authorize the Directors to allot and issue shares in the Company pursuant to Sections 75 and 76 of the Companies Act 2016.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 639 64
No. of Shares 101,375,828 27,278
% of Voted Shares 99.9731 0.0269
Result Accepted



Please refer attachment below.




Announcement Info

Company Name ILB GROUP BERHAD
Stock Name ILB
Date Announced 17 May 2024
Category General Meeting
Reference Number GMA-17052024-00007
Corporate Action ID MY240517MEET0007



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