General Meeting

10/06/2021

GENERAL MEETINGS: Outcome of Meeting

KENANGA INVESTMENT BANK BERHAD

Type of Meeting General
Indicator Outcome of Meeting
Date of Meeting 10 Jun 2021
Time 11:00 AM

Venue(s) 
Online Meeting Platform provided by Boardroom Share Registrars Sdn Bhd

at https://web.lumiagm.com

Malaysia

Outcome of Meeting

The Board of Directors of Kenanga Investment Bank Berhad ("KIBB" or "the Company") is pleased to announce that all the ordinary resolutions as set out in the Notice of the Forty-Seventh (47th) Annual General Meeting ("AGM") of KIBB dated 30 April 2021 were duly passed by the shareholders of the Company by way of poll via Remote Participation and Electronic Voting Facilities at the Forty-Seventh (47th) AGM held on 10 June 2021. 

 

The detailed poll results were verified by Boardroom Corporate Services Sdn Bhd, the Independent Scrutineers appointed by the Company as per attachment and are set out below. 

 

This announcement is dated 10 June 2021. 

Voting Results

1. Ordinary Resolution 1

Description 
To re-elect YAM Tan Sri Dato' Seri Syed Zainol Anwar Ibni Syed Putra Jamalullail who retires in accordance with Clause 84 of the Company's Constitution and who being eligible offers himself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 441 86
No. of Shares 478,151,797 27,038
% of Voted Shares 99.9943 0.0057
Result Accepted

2. Ordinary Resolution 2

Description 
To re-elect Jeremy Nasrulhaq as Director of the Company, who retires by rotation in accordance with Clause 78 of the Company's Constitution and being eligible, offers himself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 438 87
No. of Shares 477,957,029 34,004
% of Voted Shares 99.9929 0.0071
Result Accepted

3. Ordinary Resolution 3

Description 
To re-elect Norazian Ahmad Tajuddin as Director of the Company, who retires by rotation in accordance with Clause 78 of the Company's Constitution and being eligible, offers herself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 431 95
No. of Shares 477,923,154 253,793
% of Voted Shares 99.9469 0.0531
Result Accepted

4. Ordinary Resolution 4

Description 
To re-elect Kanagaraj Lorenz as Director of the Company, who retires by rotation in accordance with Clause 78 of the Company's Constitution and being eligible, offers himself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 442 81
No. of Shares 477,934,329 30,228
% of Voted Shares 99.9937 0.0063
Result Accepted

5. Ordinary Resolution 5

Description 
To approve the payment of Directors' fees totaling RM3,565,956.28 in respect of the Financial Year Ended 31 December 2020.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 362 156
No. of Shares 475,827,456 209,614
% of Voted Shares 99.9560 0.0440
Result Accepted

6. Ordinary Resolution 6

Description 
To approve the payment of benefits payable to the Non-Executive Chairman, Non-Executive Deputy Chairman and Non-Executive Directors of up to an amount of RM1,300,000.00 from 11 June 2021 until the next AGM of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 358 158
No. of Shares 475,742,310 292,141
% of Voted Shares 99.9386 0.0614
Result Accepted

7. Ordinary Resolution 7

Description 
To re-appoint Ernst & Young PLT as Auditors of the Company for the Financial Year Ending 31 December 2021 and to authorise the Board of Directors to determine their remuneration.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 467 57
No. of Shares 478,159,604 20,139
% of Voted Shares 99.9958 0.0042
Result Accepted

8. Ordinary Resolution 8

Description 
To approve the authority to Directors to Issue Shares.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 415 111
No. of Shares 423,100,583 55,081,162
% of Voted Shares 88.4811 11.5189
Result Accepted

9. Ordinary Resolution 9

Description 
To approve the Proposed Renewal of Share Buy-Back Authority.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 458 68
No. of Shares 478,154,757 26,988
% of Voted Shares 99.9944 0.0056
Result Accepted



Please refer attachment below.



Announcement Info

Company Name KENANGA INVESTMENT BANK BERHAD
Stock Name KENANGA
Date Announced 10 Jun 2021
Category General Meeting
Reference Number GMA-09062021-00026
Corporate Action ID MY210609MEET0018


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