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GENERAL MEETINGS: Outcome of Meeting
| SAM ENGINEERING & EQUIPMENT (M) BERHAD |
| Type of Meeting |
General |
| Indicator |
Outcome of Meeting |
| Date of Meeting |
02 Sep 2020 |
| Time |
10:00 AM |
| Venue(s) |
Gallery 1, Level 3, New World Petaling Jaya Hotel, Paradigm,
1, Jalan SS7/26A, Kelana Jaya,
47301 Petaling Jaya,
Selangor
Malaysia
|
| Outcome of Meeting |
The Board of Directors of SAM Engineering & Equipment (M) Berhad ("SAMEE" or "Company") is pleased to announce that all the resolutions as set out in the notice of Twenty-Sixth Annual General Meeting ("26th AGM") of SAMEE dated 30 July 2020 were duly passed at SAMEE's 26th AGM held on Wednesday, 2 September 2020 except for Ordinary Resolution No. 10 in relation to the retention of Dato' Sri Lee Tuck Fook as an Independent Non-Executive Director of the Company which has been withdrawn following the resignation of Dato' Sri Lee Tuck Fook as announced on 27 August 2020.
All resolutions were voted by poll and the results of the poll were validated by Commercial Quest Sdn. Bhd., the scrutineers appointed by SAMEE.
The details of the poll results for Resolutions No. 9 and 11 which were voted through two-tier voting process are as follows:-
|
Resolution
|
Description
|
Shareholders Action
|
|
Results
|
|
|
Voted
|
No. of Shareholders
|
No. of Shares
|
% of Voted Shares
|
|
|
Ordinary Resolution 9
(Tier 1)
|
Mandate to retain Dato' Seri Wong Siew Hai, who has served as an Independent Non-Executive Director of the Company for a cumulative term of more than twelve (12) years, to continue to act as an Independent Non-Executive Director of the Company.
|
For Voting
|
For
|
1
|
96,867,526
|
100.0000
|
Accepted
|
|
|
Against
|
0
|
0
|
0.0000
|
|
|
Ordinary Resolution 9
(Tier 2)
|
Mandate to retain Dato' Seri Wong Siew Hai, who has served as an Independent Non-Executive Director of the Company for a cumulative term of more than twelve (12) years, to continue to act as an Independent Non-Executive Director of the Company.
|
For Voting
|
For
|
69
|
8,172,281
|
99.9963
|
Accepted
|
|
|
Against
|
2
|
300
|
0.0037
|
|
|
Ordinary Resolution 11
(Tier 1)
|
Mandate to retain Mr. Lee Hock Chye, who has served as an Independent Non-Executive Director of the Company for a cumulative term of more than twelve (12) years, to continue to act as an Independent Non-Executive Director of the Company.
|
For Voting
|
For
|
1
|
96,867,526
|
100.0000
|
Accepted
|
|
Against
|
0
|
0
|
0.0000
|
|
Ordinary Resolution 11
(Tier 2)
|
Mandate to retain Mr. Lee Hock Chye, who has served as an Independent Non-Executive Director of the Company for a cumulative term of more than twelve (12) years, to continue to act as an Independent Non-Executive Director of the Company.
|
For Voting
|
For
|
68
|
8,162,281
|
99.9963
|
Accepted
|
|
Against
|
2
|
300
|
0.0037
|
This announcement is dated 2 September 2020. |
Voting Results |
|
1. Ordinary Resolution 1
|
| Description |
To re-elect Datuk Dr. Wong Lai Sum who retires by rotation pursuant to Regulation 95 of the Company's Constitution and being eligible, offers herself for re-election.
|
| Shareholder’s Action |
For Voting |
| Voted |
For |
Against |
| No. of Shareholders |
76 |
2 |
| No. of Shares |
106,541,907 |
11,200 |
| % of Voted Shares |
99.9895 |
0.0105 |
| Result |
Accepted |
|
2. Ordinary Resolution 2
|
| Description |
To re-elect YM Tunku Afwida Binti Dato' Tunku Abdul Malek who retires in accordance with Regulation 102 of the Company's Constitution and being eligible, offered herself for re-election.
|
| Shareholder’s Action |
For Voting |
| Voted |
For |
Against |
| No. of Shareholders |
75 |
2 |
| No. of Shares |
106,539,907 |
11,200 |
| % of Voted Shares |
99.9895 |
0.0105 |
| Result |
Accepted |
|
3. Ordinary Resolution 3
|
| Description |
To re-elect Suresh Natarajan who retires in accordance with Regulation 102 of the Company's Constitution and being eligible, offered himself for re-election.
|
| Shareholder’s Action |
For Voting |
| Voted |
For |
Against |
| No. of Shareholders |
75 |
2 |
| No. of Shares |
106,539,907 |
11,200 |
| % of Voted Shares |
99.9895 |
0.0105 |
| Result |
Accepted |
|
4. Ordinary Resolution 4
|
| Description |
To approve the payment of Directors fee, payable to each Director, as applicable, for the period from 3 September 2020 until the next AGM of the Company.
|
| Shareholder’s Action |
For Voting |
| Voted |
For |
Against |
| No. of Shareholders |
74 |
1 |
| No. of Shares |
106,538,907 |
200 |
| % of Voted Shares |
99.9998 |
0.0002 |
| Result |
Accepted |
|
5. Ordinary Resolution 5
|
| Description |
To approve the payment of the benefits to Directors, payable to each Director, as applicable, for the period from 3 September 2020 until next AGM of the Company.
|
| Shareholder’s Action |
For Voting |
| Voted |
For |
Against |
| No. of Shareholders |
73 |
2 |
| No. of Shares |
106,538,842 |
300 |
| % of Voted Shares |
99.9997 |
0.0003 |
| Result |
Accepted |
|
6. Ordinary Resolution 6
|
| Description |
To re-appoint Messrs. KPMG PLT as Auditors of the Company, to hold office until the
conclusion of the next AGM, at a remuneration to be determined by the Directors.
|
| Shareholder’s Action |
For Voting |
| Voted |
For |
Against |
| No. of Shareholders |
75 |
1 |
| No. of Shares |
106,540,907 |
200 |
| % of Voted Shares |
99.9998 |
0.0002 |
| Result |
Accepted |
|
7. Ordinary Resolution 7
|
| Description |
Authority to issue and allot shares.
|
| Shareholder’s Action |
For Voting |
| Voted |
For |
Against |
| No. of Shareholders |
75 |
1 |
| No. of Shares |
106,541,007 |
100 |
| % of Voted Shares |
99.9999 |
0.0001 |
| Result |
Accepted |
|
8. Ordinary Resolution 8
|
| Description |
Proposed Renewal of Existing Shareholders' Mandate for Recurrent Related Party Transactions (RRPT).
|
| Shareholder’s Action |
For Voting |
| Voted |
For |
Against |
| No. of Shareholders |
72 |
0 |
| No. of Shares |
8,425,039 |
0 |
| % of Voted Shares |
100.0000 |
0.0000 |
| Result |
Accepted |
|
9. Ordinary Resolution 9
|
| Description |
Mandate to retain Dato' Seri Wong Siew Hai, who has served as an Independent Non-Executive Director of the Company for a cumulative term of more than twelve (12) years, to continue to act as an Independent Non-Executive Director of the Company.
|
| Shareholder’s Action |
For Voting |
| Voted |
For |
Against |
| No. of Shareholders |
70 |
2 |
| No. of Shares |
105,039,807 |
300 |
| % of Voted Shares |
99.9997 |
0.0003 |
| Result |
Accepted |
|
10. Ordinary Resolution 10
|
| Description |
Mandate to retain Dato Sri Lee Tuck Fook, who has served as an Independent Non-Executive Director of the Company for a cumulative term of more than twelve (12) years, to continue to act as an Independent Non-Executive Director of the Company.
|
| Shareholder’s Action |
For Voting |
| Voted |
For |
Against |
| No. of Shareholders |
0 |
0 |
| No. of Shares |
0 |
0 |
| % of Voted Shares |
0.0000 |
0.0000 |
| Result |
Withdrawn/ Postponed |
|
11. Ordinary Resolution 11
|
| Description |
Mandate to retain Mr. Lee Hock Chye, who has served as an Independent Non-Executive Director of the Company for a cumulative term of more than twelve (12) years, to continue to act as an Independent Non-Executive Director of the Company.
|
| Shareholder’s Action |
For Voting |
| Voted |
For |
Against |
| No. of Shareholders |
69 |
2 |
| No. of Shares |
105,029,807 |
300 |
| % of Voted Shares |
99.9997 |
0.0003 |
| Result |
Accepted |
|
Announcement Info
| Company Name |
SAM ENGINEERING & EQUIPMENT (M) BERHAD
|
| Stock Name |
SAM |
| Date Announced |
02 Sep 2020 |
| Category |
General Meeting |
| Reference Number |
GMA-27082020-00026 |
| Corporate Action ID |
MY200827MEET0025 |
|
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