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GENERAL MEETINGS: Outcome of Meeting

MUHIBBAH ENGINEERING (M) BHD

Type of Meeting General
Indicator Outcome of Meeting
Date of Meeting 12 Jun 2024
Time 02:00 PM

Venue(s)
TIIH Online website at https://tiih.online

as provided by Tricor Investor & Issuing House Services Sdn Bhd

Malaysia

Outcome of Meeting

On behalf of the Board of Directors of Muhibbah Engineering (M) Bhd ("MEB"), we are pleased to announce the shareholders of MEB had approved all the resolutions referred to in the Notice of Fifty-First Annual General Meeting ("51st AGM") dated 26 April 2024 at the 51st AGM of MEB held on 12 June 2024.

 

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 12 June 2024


Voting Results


1. Ordinary Resolution 1

Description
To re-elect Dato' Sri Khazali bin Haji Ahmad as Director of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 354 83
No. of Shares 290,670,478 46,012,343
% of Voted Shares 86.3336 13.6664
Result Accepted

2. Ordinary Resolution 2

Description
To re-elect Encik Sobri bin Abu as Director of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 348 89
No. of Shares 292,675,866 44,006,955
% of Voted Shares 86.9293 13.0707
Result Accepted

3. Ordinary Resolution 3

Description
To re-elect Mr. Mac Chung Jin as Director of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 360 77
No. of Shares 295,220,303 31,472,618
% of Voted Shares 90.3663 9.6337
Result Accepted

4. Ordinary Resolution 4

Description
To approve the payment of Directors' fees and benefits payable up to an amount of RM1,500,000.00 from 13 June 2024 until the next Annual General Meeting of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 344 86
No. of Shares 192,176,840 165,449
% of Voted Shares 99.9140 0.0860
Result Accepted

5. Ordinary Resolution 5

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 382 59
No. of Shares 335,271,027 1,412,194
% of Voted Shares 99.5806 0.4194
Result Accepted

6. Ordinary Resolution 6 (First Tier)

Description
Authority for Dato' Mohamad Kamarudin bin Hassan to continue in office as an Independent Director of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 12 0
No. of Shares 153,656,874 0
% of Voted Shares 100.0000 0.0000
Result Accepted

7. Ordinary Resolution 6 (Second Tier)

Description
Authority for Dato' Mohamad Kamarudin bin Hassan to continue in office as an Independent Director of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 343 82
No. of Shares 126,449,041 56,572,006
% of Voted Shares 69.0899 30.9101
Result Accepted

8. Ordinary Resolution 7 (First Tier)

Description
Authority for Encik Sobri bin Abu to continue in office as an Independent Director of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 12 0
No. of Shares 153,656,874 0
% of Voted Shares 100.0000 0.0000
Result Accepted

9. Ordinary Resolution 7 (Second Tier)

Description
Authority for Encik Sobri bin Abu to continue in office as an Independent Director of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 341 83
No. of Shares 126,442,841 56,566,106
% of Voted Shares 69.0911 30.9089
Result Accepted

10. Ordinary Resolution 8

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 367 72
No. of Shares 324,129,227 12,548,894
% of Voted Shares 96.2727 3.7273
Result Accepted

11. Ordinary Resolution 9

Description
To approve the Proposed Renewal of Authority for Share Buy-Back.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 383 57
No. of Shares 336,632,927 50,194
% of Voted Shares 99.9851 0.0149
Result Accepted

12. Ordinary Resolution 10

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 366 60
No. of Shares 172,491,253 44,994
% of Voted Shares 99.9739 0.0261
Result Accepted

13. Ordinary Resolution 11

Description
To approve the Proposed Granting of Employees' Share Options Scheme and Share Grant Plan Award to Mr. Mac Chung Hui under the existing Muhibbah Engineering (M) Bhd Employees' Share Issuance Scheme 2022/2027.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 305 122
No. of Shares 85,047,891 87,988,356
% of Voted Shares 49.1503 50.8497
Result Rejected






Announcement Info

Company Name MUHIBBAH ENGINEERING (M) BHD
Stock Name MUHIBAH
Date Announced 12 Jun 2024
Category General Meeting
Reference Number GMA-11062024-00001
Corporate Action ID MY240611MEET0001



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