General Meeting

27/05/2022

GENERAL MEETINGS: Outcome of Meeting

SAMCHEM HOLDINGS BERHAD

Type of Meeting General
Indicator Outcome of Meeting
Date of Meeting 27 May 2022
Time 10:30 AM

Venue(s) 
Level 3, Lot 6, Jalan Sungai Kayu Ara 32/39,

Seksyen 32, 40460 Shah Alam,

Selangor Darul Ehsan

Malaysia

Outcome of Meeting

The Board of Directors of Samchem Holdings Berhad ("the Company") is pleased to announce that the resolutions as set out in the Notice of Fifteenth Annual General Meeting ("15th AGM") were approved by the shareholders by way of poll at the 15th AGM of the Company held on Friday, 27 May 2022 at 10.30 a.m.

The results of the poll were validated by USearch Management Services, the independent scrutineer appointed by the Company.

The poll results is attached herewith.

This announcement is dated 27 May 2022.

Voting Results

1. Ordinary Resolution 1

Description 
To approve the payment of Directors Fees amounting to RM312,000/- and benefits of RM8,000/- in respect of the year ended 31 December 2021.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 37 1
No. of Shares 321,003,844 68,000
% of Voted Shares 99.9788 0.0212
Result Accepted

2. Ordinary Resolution 2

Description 
To approve the payment of Directors Fees amounting to RM450,000/- and benefits of up to RM50,000/- from 1 January 2022 until the next Annual General Meeting.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 36 2
No. of Shares 320,987,544 84,300
% of Voted Shares 99.9737 0.0263
Result Accepted

3. Ordinary Resolution 3

Description 
To re-elect the Director who retires pursuant to Clause 97(b) of the Company's Constitution - Mr. Chooi Chok Khooi
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 37 1
No. of Shares 321,003,844 68,000
% of Voted Shares 99.9788 0.0212
Result Accepted

4. Ordinary Resolution 4

Description 
To re-elect the Director who retires pursuant to Clause 97(b) of the Company's Constitution - Mr. Lok Kai Chun
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 37 1
No. of Shares 321,003,844 68,000
% of Voted Shares 99.9788 0.0212
Result Accepted

5. Ordinary Resolution 5

Description 
To re-elect the Director who retires pursuant to Clause 97(b) of the Company's Constitution - Mr. Cheong Chee Yun
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 37 1
No. of Shares 321,003,844 68,000
% of Voted Shares 99.9788 0.0212
Result Accepted

6. Ordinary Resolution 6

Description 
To re-elect the Director who retires pursuant to Clause 98 of the Company's Constitution - Mr. Hor Wai Kong
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 37 1
No. of Shares 321,003,844 68,000
% of Voted Shares 99.9788 0.0212
Result Accepted

7. Ordinary Resolution 7

Description 
To re-appoint Messrs. Baker Tilly Monteiro Heng PLT as the 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 38 0
No. of Shares 321,071,844 0
% of Voted Shares 100.0000 0.0000
Result Accepted

8. Ordinary Resolution 8

Description 
To approve the authority to Directors to issue Shares pursuant to Section 75 & 76 of the Companies Act, 2016.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 37 1
No. of Shares 321,002,744 68,000
% of Voted Shares 99.9788 0.0212
Result Accepted

9. Ordinary Resolution 9 (Tier 1)

Description 
To approve the retention of Independent Non-Executive Director - Dato' Theng Book
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 1 0
No. of Shares 249,027,608 0
% of Voted Shares 100.0000 0.0000
Result Accepted

10. Ordinary Resolution 9 (Tier 2)

Description 
To approve the retention of Independent Non-Executive Director - Dato' Theng Book
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 35 2
No. of Shares 69,723,136 391,000
% of Voted Shares 99.4423 0.5577
Result Accepted

11. Ordinary Resolution 10 (Tier 1)

Description 
To approve the authority to continuing in office as Independent Non-Executive Director - Mr. Cheong Chee Yun
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 1 0
No. of Shares 249,027,608 0
% of Voted Shares 100.0000 0.0000
Result Accepted

12. Ordinary Resolution 10 (Tier 2)

Description 
To approve the authority to continuing in office as Independent Non-Executive Director - Mr. Cheong Chee Yun
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 36 1
No. of Shares 71,976,236 68,000
% of Voted Shares 99.9056 0.0944
Result Accepted

13. Ordinary Resolution 11

Description 
To approve the proposed renewal of authority for purchase of own shares by the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 38 0
No. of Shares 321,071,844 0
% of Voted Shares 100.0000 0.0000
Result Accepted

14. Ordinary Resolution 12

Description 
To approve the proposed renewal of shareholders' mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 37 1
No. of Shares 321,003,844 68,000
% of Voted Shares 99.9788 0.0212
Result Accepted



Please refer attachment below.



Announcement Info

Company Name SAMCHEM HOLDINGS BERHAD
Stock Name SAMCHEM
Date Announced 27 May 2022
Category General Meeting
Reference Number GMA-26052022-00036
Corporate Action ID MY220526MEET0033


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