[LBALUM] General Meeting on 25-Sep-2024
Announcement Date
26-Aug-2024
Reference No.
GMA-06082024-00001
Corporate Action ID
MY240806MEET0001
Type
General Meeting
Date & Time
25-Sep-2024 10:00
Depositor Date
18-Sep-2024
Venue
TIIH Online website at https://tiih.online or https://tiih.com.my
(Domain registration number with MYNIC: D1A282781)
provided by Tricor Investor & Issuing House Services Sdn Bhd
Description
LB Aluminium Berhad - Notice of Annual General Meeting ("AGM") The AGM will be conducted on a fully virtual basis using the remote participation and voting facilities through the online meeting platform, TIIH Online.
LBALUM_Notice of AGM 2024.pdf
LBALUM_Notice of AGM 2024.pdf
Outcome
The Board of Directors of LB Aluminium Berhad ("Company") wishes to announce that all the resolutions as set out in the notice convening the Annual General Meeting ("AGM") dated 27 August 2024were duly passed at the AGM of the Company held earlier today.
The voting in respect of the resolutions were carried out by way of poll, results of which were validated by Asia Securities Sdn. Bhd., being the independent scrutineer appointed by the Company.
Details of the polling resultsare set out below.
Voting Results |
||
1. Ordinary Resolution 1 |
||
| Description |
To approve the payment of a first and final single tier dividend of 2.50 sen per ordinary share in respect of the financial year ended 30 April 2024. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 84 | 7 |
| No. of Shares | 173,493,264 | 37,904 |
| % of Voted Shares | 99.9782 | 0.0218 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
||
| Description |
To approve the payment of Directors' fees of RM500,000.00 for the financial year ended 30 April 2024. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 78 | 12 |
| No. of Shares | 173,192,864 | 328,304 |
| % of Voted Shares | 99.8108 | 0.1892 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
||
| Description |
To approve the payment of Directors' fees of RM60,900.00 for the period from 1 May 2024 to 25 September 2024 to three (3) Independent Non-Executive Directors who retire upon the conclusion of this AGM. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 78 | 12 |
| No. of Shares | 173,469,614 | 51,554 |
| % of Voted Shares | 99.9703 | 0.0297 |
| Result | Accepted | |
4. Ordinary Resolution 4 |
||
| Description |
To approve the payment of Directors' benefits of up to RM45,000.00 for the period immediately after this AGM until the next AGM of the Company to be held in 2025. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 79 | 11 |
| No. of Shares | 173,470,839 | 50,329 |
| % of Voted Shares | 99.9710 | 0.0290 |
| Result | Accepted | |
5. Ordinary Resolution 5 |
||
| Description |
To re-elect Mr Mark Wing Kong as Director. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 84 | 7 |
| No. of Shares | 173,492,614 | 38,554 |
| % of Voted Shares | 99.9778 | 0.0222 |
| Result | Accepted | |
6. Ordinary Resolution 6 |
||
| Description |
To re-elect Mr Yap Chee Woon as Director. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 84 | 7 |
| No. of Shares | 173,492,614 | 38,554 |
| % of Voted Shares | 99.9778 | 0.0222 |
| Result | Accepted | |
7. Ordinary Resolution 7 |
||
| Description |
To re-elect Tuan Haji Ahmed Azhar Bin Abdullah as Director. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 83 | 8 |
| No. of Shares | 173,491,389 | 39,779 |
| % of Voted Shares | 99.9771 | 0.0229 |
| Result | Accepted | |
8. Ordinary Resolution 8 |
||
| Description |
To re-appoint Messrs BDO PLT as Auditors of the Company and to authorise the Directors to fix their remuneration. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 84 | 6 |
| No. of Shares | 173,485,264 | 35,904 |
| % of Voted Shares | 99.9793 | 0.0207 |
| Result | Accepted | |
9. Ordinary Resolution 9 |
||
| Description |
To grant authority 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 | 82 | 9 |
| No. of Shares | 173,474,165 | 57,003 |
| % of Voted Shares | 99.9672 | 0.0328 |
| Result | Accepted | |
10. Ordinary Resolution 10 |
||
| Description |
To approve the proposed renewal of the existing Shareholders' mandate for the Company and/or 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 | 80 | 9 |
| No. of Shares | 42,270,780 | 56,928 |
| % of Voted Shares | 99.8655 | 0.1345 |
| Result | Accepted | |
11. Ordinary Resolution 11 |
||
| Description |
To approve the proposed renewal of Shareholders' mandate for the Company to purchase its own shares up to ten per centum (10%) of the total number of issued shares. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 83 | 8 |
| No. of Shares | 173,484,240 | 46,928 |
| % of Voted Shares | 99.9730 | 0.0270 |
| Result | Accepted | |
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