GENERAL MEETINGS: Outcome of Meeting
| UMW HOLDINGS BERHAD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 25 Jun 2020 |
| Time | 10:00 AM |
| Venue(s) |
Broadcast Venue - The Hallmark, Level 12, Menara UMW, Jalan Puncak,Off Jalan P. Ramlee, 50250 Kuala Lumpur, Malaysia |
| Outcome of Meeting | UMW Holdings Berhad (“UMW” or “the Company”) is pleased to announce that all the ordinary resolutions as set out in the Notice of the 38th Annual General Meeting of the Company (“AGM”) dated 28 May 2020 were duly passed at the 38th AGM held on 25 June 2020.
The Audited Financial Statements for the financial year ended 31 December 2019 and the Reports of the Directors and Auditors thereon were received and duly tabled at the 38th AGM under Agenda 1.
All the resolutions were voted on a poll via Remote Participation and Voting (“RPV”) at https://tiih.online at the 38th AGM in accordance with Paragraph 8.29A of Bursa Malaysia Securities Berhad's Main Market Listing Requirements. In light of the COVID-19 pandemic and with the advice from the Ministry of Health Malaysia for public to avoid participating in the mass gatherings/events in the next 6 months to a year, as a precautionary measure to curb the spread of COVID-19, the 38th AGM was conducted fully virtual at the Broadcast Venue.
The detailed poll results were verified by the Scrutineers, Asia Securities Sdn Berhad as per attachment and as set out below.
This announcement is dated 25 June 2020.
cc - Securities Commission (Corporate Finance & Investments) |
Voting Results |
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1. Ordinary Resolution 1 |
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| Description |
To re-elect Razalee bin Amin who retires pursuant to Article 112 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 | 204 | 27 |
| No. of Shares | 979,059,467 | 26,262 |
| % of Voted Shares | 99.9970 | 0.0030 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
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| Description |
To re-elect Dato' Seri Prof. Dr. Ir. Zaini bin Ujang who retires pursuant to Article 112 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 | 204 | 27 |
| No. of Shares | 979,059,467 | 26,262 |
| % of Voted Shares | 99.9970 | 0.0030 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
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| Description |
To re-elect Tan Sri Dato' Sri Hamad Kama Piah bin Che Othman who retires pursuant to Articles 126 and 128 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 | 199 | 31 |
| No. of Shares | 978,397,967 | 678,362 |
| % of Voted Shares | 99.9310 | 0.0690 |
| Result | Accepted | |
4. Ordinary Resolution 4 |
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| Description |
To re-elect Salwah binti Abdul Shukor who retires pursuant to Articles 126 and 128 of the Company's Constitution and who being eligible, offers herself for re-election. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 203 | 28 |
| No. of Shares | 978,965,567 | 120,162 |
| % of Voted Shares | 99.9880 | 0.0120 |
| Result | Accepted | |
5. Ordinary Resolution 5 |
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| Description |
To re-elect Dr. Veerinderjeet Singh a/l Tejwant Singh who retires pursuant to Articles 126 and 128 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 | 206 | 24 |
| No. of Shares | 979,071,901 | 13,762 |
| % of Voted Shares | 99.9990 | 0.0010 |
| Result | Accepted | |
6. Ordinary Resolution 6 |
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| Description |
To approve the payment of the following Directors' fees for the period from 26 June 2020 until the next AGM of the Company - a) RM27,500 per month for the Non-Executive Chairman and RM13,750 per month for each Non-Executive Director of the Company; and b) RM10,000 per annum for each Non-Executive Director who is the Chairman at the board of subsidiaries and RM8,000 per annum for each Non-Executive Director who is a board member at subsidiaries. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 198 | 32 |
| No. of Shares | 979,057,600 | 28,063 |
| % of Voted Shares | 99.9970 | 0.0030 |
| Result | Accepted | |
7. Ordinary Resolution 7 |
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| Description |
To approve the payment of benefits payable to the Non-Executive Directors up to an amount of RM1,980,000 for the period from 26 June 2020 until the next AGM of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 198 | 32 |
| No. of Shares | 979,057,600 | 28,063 |
| % of Voted Shares | 99.9970 | 0.0030 |
| Result | Accepted | |
8. Ordinary Resolution 8 |
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| Description |
To re-appoint Ernst & Young PLT as Auditors of the Company for the financial year ending 31 December 2020 and to authorise the Directors to fix their remuneration. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 208 | 23 |
| No. of Shares | 979,063,168 | 22,561 |
| % of Voted Shares | 99.9980 | 0.0020 |
| Result | Accepted | |
9. Ordinary Resolution 9 |
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| Description |
Proposed Renewal of Shareholders' Mandate for Existing Recurrent Related Party Transactions and Proposed New Shareholders' Mandate for Additional Recurrent Related Party Transactions of a Revenue or Trading Nature as set out under Section 2.3 of the Circular to Shareholders dated 28 May 2020. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 203 | 27 |
| No. of Shares | 979,059,847 | 25,862 |
| % of Voted Shares | 99.9970 | 0.0030 |
| Result | Accepted | |
Announcement Info
| Company Name | UMW HOLDINGS BERHAD |
| Stock Name | UMW |
| Date Announced | 25 Jun 2020 |
| Category | General Meeting |
| Reference Number | GMA-25062020-00020 |
| Corporate Action ID | MY200625MEET0019 |