GENERAL MEETINGS: Outcome of Meeting
KOSSAN RUBBER INDUSTRIES BERHAD |
Type of Meeting |
General |
Indicator |
Outcome of Meeting |
Date of Meeting |
28 May 2021 |
Time |
10:30 AM |
Venue(s) |
Broadcast Venue:
Training Centre Ownership Room, 2nd Floor, KOSSAN R&D Centre,
PT 7836, Jalan Haji Abdul Manan / KU8,
Kawasan Perindustrian Meru Selatan, 41050 Klang, Selangor Darul Ehsan.
Malaysia
Virtual Meeting Platform:
https://web.lumiagm.com/
Malaysia
|
Outcome of Meeting |
The Board of Directors of Kossan Rubber Industries Bhd ("Kossan") is pleased to announce that all resolutions as set out in the Notice of Annual General Meeting ("AGM") dated 23 April 2021 were duly passed by the shareholders of the Company at the 41tst AGM of the Company held on 28 May 2021. Voting on all the resolutions were carried out by way of poll. |
Voting Results |
|
1. Ordinary Resolution 1
|
Description |
To approve the payment of Directors' fees of RM495,000.00 for the financial year ended 31 December 2020. (2019: RM330,000.00)
|
Shareholder’s Action |
For Voting |
Voted |
For |
Against |
No. of Shareholders |
868 |
89 |
No. of Shares |
1,943,200,205 |
586,525 |
% of Voted Shares |
99.9698 |
0.0302 |
Result |
Accepted |
|
2. Ordinary Resolution 2
|
Description |
To re-elect the following Directors retiring by rotation pursuant to Article 86 of the Company's Constitution and being eligible have offered themselves for re-election:
Tan Sri Dato' Lim Kuang Sia
|
Shareholder’s Action |
For Voting |
Voted |
For |
Against |
No. of Shareholders |
765 |
204 |
No. of Shares |
1,838,728,375 |
101,686,155 |
% of Voted Shares |
94.7596 |
5.2404 |
Result |
Accepted |
|
3. Ordinary Resolution 3
|
Description |
To re-elect the following Directors retiring by rotation pursuant to Article 86 of the Company's Constitution and being eligible have offered themselves for re-election:
Tan Kong Chang
|
Shareholder’s Action |
For Voting |
Voted |
For |
Against |
No. of Shareholders |
819 |
144 |
No. of Shares |
1,878,135,700 |
66,921,230 |
% of Voted Shares |
96.5594 |
3.4406 |
Result |
Accepted |
|
4. Ordinary Resolution 4
|
Description |
To re-elect the following Directors retiring by rotation pursuant to Article 86 of the Company's Constitution and being eligible have offered themselves for re-election:
Lim Ooi Chow
|
Shareholder’s Action |
For Voting |
Voted |
For |
Against |
No. of Shareholders |
750 |
217 |
No. of Shares |
1,831,892,543 |
113,164,387 |
% of Voted Shares |
94.1819 |
5.8181 |
Result |
Accepted |
|
5. Ordinary Resolution 5
|
Description |
To re-appoint KPMG PLT as Auditors of the Company for the ensuing year and to authorise the Directors to fix their remuneration.
|
Shareholder’s Action |
For Voting |
Voted |
For |
Against |
No. of Shareholders |
876 |
85 |
No. of Shares |
1,917,610,597 |
27,444,233 |
% of Voted Shares |
98.5890 |
1.4110 |
Result |
Accepted |
|
6. Ordinary Resolution 6
|
Description |
Proposed 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 |
861 |
99 |
No. of Shares |
1,871,743,804 |
73,316,026 |
% of Voted Shares |
96.2307 |
3.7693 |
Result |
Accepted |
|
7. Ordinary Resolution 7
|
Description |
Proposed Renewal and New Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature
|
Shareholder’s Action |
For Voting |
Voted |
For |
Against |
No. of Shareholders |
894 |
61 |
No. of Shares |
741,899,884 |
158,726 |
% of Voted Shares |
99.9786 |
0.0214 |
Result |
Accepted |
|
8. Ordinary Resolution 8
|
Description |
Proposed Renewal of Shareholders' Mandate for Share Buy-Back ("Proposed Share Buy-Back")
|
Shareholder’s Action |
For Voting |
Voted |
For |
Against |
No. of Shareholders |
913 |
41 |
No. of Shares |
1,943,741,624 |
40,806 |
% of Voted Shares |
99.9979 |
0.0021 |
Result |
Accepted |
|
Please refer attachment below.
Announcement Info
Company Name |
KOSSAN RUBBER INDUSTRIES BERHAD
|
Stock Name |
KOSSAN |
Date Announced |
28 May 2021 |
Category |
General Meeting |
Reference Number |
GMA-28052021-00058 |
Corporate Action ID |
MY210528MEET0053 |