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GENERAL MEETINGS: Outcome of Meeting

KUCHAI DEVELOPMENT BERHAD

Type of Meeting General
Indicator Outcome of Meeting
Date of Meeting 08 Dec 2022
Time 09:30 AM

Venue(s)
Online Meeting Platform at https://meeting.boardroomlimited.my

(Domain Registration No. with MYNIC-D6A357657) with

Remote Participation and Electronic Voting Facilities

Malaysia

Outcome of Meeting

The Board of Directors of Kuchai Development Berhad ("the Company") is pleased to announce that all the resolutions set out in the notice of the Fifty-Fourth Annual General Meeting ("54th AGM") dated 31 October 2022 were duly passed at the 54th AGM held fully virtual via online meeting platform at https://meeting.boardroomlimited.my (Domain Registration No. with MYNIC-D6A357657) with Remote Participation and Electronic Voting Facilities on 8 December 2022.

All resolutions tabled at the 54th AGM were voted by poll and results of the poll were validated by the appointed Independent Scrutineer, M/s Sky Corporate Services Sdn. Bhd.  Please refer to the attachment for the poll results validated by the scrutineer.


Voting Results


1. Ordinary Resolution 1

Description
To declare and approve the payment of Single Tier First and Final Dividend of 1 sen per ordinary share in respect of the financial year ended 30 June 2022
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 47 0
No. of Shares 65,426,795 0
% of Voted Shares 100.0000 0.0000
Result Accepted

2. Ordinary Resolution 2

Description
To declare and approve the payment of Single Tier Bonus Dividend of 1 sen per share
for the financial year ended 30 June 2022
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 47 0
No. of Shares 65,426,795 0
% of Voted Shares 0.0000 0.0000
Result Accepted

3. Ordinary Resolution 3

Description
To approve the payment of Directors fees and other benefits not exceeding of RM400,000 from the conclusion of the 54th Annual General Meeting until the conclusion of the next annual General Meeting to be held in 2023
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 39 8
No. of Shares 65,343,110 83,685
% of Voted Shares 99.8721 0.1279
Result Accepted

4. Ordinary Resolution 4

Description
To re-elect Mr Tay Beng Chai as Director
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 43 4
No. of Shares 65,339,022 87,773
% of Voted Shares 99.8658 0.1342
Result Accepted

5. Ordinary Resolution 5

Description
To re-elect Mr Lee Chung-Shih Justin as Director
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 42 4
No. of Shares 65,101,540 87,773
% of Voted Shares 99.8654 0.1346
Result Accepted

6. Ordinary Resolution 6

Description
To re-elect Mr Mugana Kerisnan A/L Karpiah as Director
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 43 4
No. of Shares 65,403,953 22,842
% of Voted Shares 99.9651 0.0349
Result Accepted

7. Ordinary Resolution 7

Description
Re-appointment of Messrs Ernst & Young PLT as Auditors of the Company and authorise the Directors to fix their remuneration
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 46 1
No. of Shares 65,426,745 50
% of Voted Shares 99.9999 0.0001
Result Accepted

8. Ordinary Resolution 8

Description
Authority to Allot and Issue Shares by Directors pursuant to Sections 75 & 76 of the Companies Act 2016
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 42 5
No. of Shares 65,398,953 27,842
% of Voted Shares 99.9574 0.0426
Result Accepted

9. Ordinary Resolution 9

Description
Proposed Renewal of Shareholders Mandate for Share Buy-Back Authority
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 45 2
No. of Shares 65,426,743 52
% of Voted Shares 99.9999 0.0001
Result Accepted



Please refer attachment below.

Attachments

Kuchai-AGM 2022 Result.pdf
37.4 kB




Announcement Info

Company Name KUCHAI DEVELOPMENT BERHAD
Stock Name KUCHAI
Date Announced 08 Dec 2022
Category General Meeting
Reference Number GMA-08122022-00002
Corporate Action ID MY221208MEET0002



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