[CANONE] General Meeting on 26-Jun-2024

Stock
[CANONE]: CAN-ONE BHD
Announcement Date
29-Apr-2024
Reference No.
GMA-23042024-00046
Corporate Action ID
MY240423MEET0045
Type
General Meeting
Date & Time
26-Jun-2024 10:00
Depositor Date
14-Jun-2024
Venue
Broadcast Venue Conference Room Lot 6, Jalan Perusahaan Satu 68100 Batu Caves, Selangor Darul Ehsan
Description
Twentieth Annual General Meeting ("20th AGM") The 20th AGM will be conducted virtually at the Broadcast Venue through live streaming using Remote Participation and Electronic Voting Facilities at https://conveneagm.my/canone2024
Can-One Berhad_Notice 20th AGM dated 30 April 2024.pdf
Outcome

The Board of Directors of Can-One Berhad ("the Company") is pleased to announce that all the ordinary resolutions as set out in the Notice of the TwentiethAnnual General Meeting ("AGM") of the Company dated 30April 2024were duly passed at the aforesaid AGM which was conducted virtually at the above Broadcast Venue on 26June 2024.

The Audited Financial Statements of the Group and of the Company for the financial year ended 31 December 2023and the Reports of the Directors and Auditors thereon were received and duly tabled at the TwentiethAGM under Agenda 1.


All the ordinary resolutions were voted by way of poll via Remote Participation and Electronic Voting Facilities at https://conveneagm.my/canoneagm2024at the TwentiethAGM in accordance with Paragraph 8.29A(1) of Bursa Malaysia Securities Berhad's Main Market Listing Requirements.


The detailed poll results were verified by the Scrutineers, Quantegic Services Sdn Bhd as per the attachment.


Please refer to the table below for the poll results.

Voting Results

1. Resolution 1

Description 
To declare a first and final single-tier dividend of 4 sen per share in respect of the
financial year ended 31 December 2023.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 73 3
No. of Shares 138,427,776 3,100
% of Voted Shares 99.9978 0.0022
Result Accepted

2. Resolution 2

Description 
To re-elect Director, Datuk Dr. Syed Hussain Bin Syed Husman, J.P who retires pursuant to Clause 82 of the Company's Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 68 8
No. of Shares 138,416,768 14,108
% of Voted Shares 99.9898 0.0102
Result Accepted

3. Resolution 3

Description 
To re-elect Director, Yeoh Jin Hoe who retires pursuant to Clause 82 of the Company's Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 69 6
No. of Shares 130,921,070 4,106
% of Voted Shares 99.9969 0.0031
Result Accepted

4. Resolution 4

Description 
To re-elect Director, Marc Francis Yeoh Min Chang who retires pursuant to Clause 82 of the Company's Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 69 6
No. of Shares 138,425,770 4,106
% of Voted Shares 99.9970 0.0030
Result Accepted

5. Resolution 5

Description 
To re-elect Director, Tun Arifin Bin Zakaria who retires pursuant to Clause 86 of the Company's Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 69 7
No. of Shares 138,426,768 4,108
% of Voted Shares 99.9970 0.0030
Result Accepted

6. Resolution 6

Description 
To approve the payment of Directors' Fees amounting to RM1,056,000 to Directors of the Company and its subsidiaries (excluding Box-Pak (Malaysia) Bhd. and its subsidiaries) for the financial year ended 31 December 2023.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 53 17
No. of Shares 128,686,367 23,709
% of Voted Shares 99.9816 0.0184
Result Accepted

7. Resolution 7

Description 
To approve the following payment of allowance and benefits for the financial year ending 31 December 2024:
(i) annual overseas travelling claims of RM50,000 for each Director of the Company (inclusive spouse and children);
(ii) meeting allowance of RM1,500 per person per day to the Directors of the Company; and
(iii) other benefits of up to an amount of RM400,000 to the Non-Executive Directors of the Company and its subsidiaries.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 56 18
No. of Shares 130,742,462 32,714
% of Voted Shares 99.9750 0.0250
Result Accepted

8. Resolution 8

Description 
To re-appoint KPMG PLT, Chartered Accountants, as Auditors of the Company to hold office until the conclusion of the next Annual General Meeting of the Company and to authorise the Directors to fix the remuneration of the Auditors.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 72 5
No. of Shares 138,427,870 3,106
% of Voted Shares 99.9978 0.0022
Result Accepted

9. Resolution 9

Description 
Proposed authority to Directors to allot and issue shares pursuant to Sections 75 and 76 of the Companies Act, 2016.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 64 12
No. of Shares 138,366,567 64,309
% of Voted Shares 99.9535 0.0465
Result Accepted

10. Resolution 10

Description 
Proposed renewal of authority for the Company to purchase its own shares.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 66 10
No. of Shares 138,378,567 52,309
% of Voted Shares 99.9622 0.0378
Result Accepted

11. Resolution 11

Description 
Proposed renewal of mandate for the Company and its subsidiaries to enter into recurrent related party transactions of a revenue or trading nature.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 60 9
No. of Shares 14,356,167 6,109
% of Voted Shares 99.9575 0.0425
Result Accepted

12. Resolution 12

Description 
Proposed retirement gratuity payment to Chee Khay Leong.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 58 13
No. of Shares 136,205,267 158,509
% of Voted Shares 99.8838 0.1162
Result Accepted

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