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GENERAL MEETINGS: Outcome of Meeting
| Type of Meeting |
General |
| Indicator |
Outcome of Meeting |
| Date of Meeting |
31 May 2023 |
| Time |
10:00 AM |
| Venue(s) |
Broadcast Venue, 25th Floor, Wisma Genting
Jalan Sultan Ismail
50250 Kuala Lumpur
Malaysia
|
| Outcome of Meeting |
The Board of Directors of Genting Malaysia Berhad ("GENM") is pleased to inform that the shareholders of GENM had, at the Forty-Third Annual General Meeting ("43rd AGM") of GENM held on Wednesday, 31 May 2023 approved the following 11 ordinary resolutions as set out in the Notice of the 43rd AGM by way of poll.
The results of the poll were duly validated by Deloitte Business Advisory Sdn Bhd, the Independent Scrutineer appointed by GENM.
Details of the results of the poll are set out below.
This announcement is dated 31 May 2023. |
Voting Results |
|
1. Ordinary Resolution 1
|
| Description |
To approve the payment of Directors' fees totalling RM1,817,283 for the financial year ended 31 December 2022 comprising RM229,600 per annum for the Chairman of the Company and RM153,065 per annum for each of the other Directors.
|
| Shareholder’s Action |
For Voting |
| Voted |
For |
Against |
| No. of Shareholders |
1,611 |
442 |
| No. of Shares |
3,579,452,418 |
3,835,077 |
| % of Voted Shares |
99.8930 |
0.1070 |
| Result |
Accepted |
|
2. Ordinary Resolution 2
|
| Description |
To approve the payment of Directors' benefits-in-kind from the date immediately after the Forty-Third Annual General Meeting of the Company to the date of the next annual general meeting of the Company in 2024.
|
| Shareholder’s Action |
For Voting |
| Voted |
For |
Against |
| No. of Shareholders |
1,590 |
465 |
| No. of Shares |
3,590,490,690 |
3,906,588 |
| % of Voted Shares |
99.8913 |
0.1087 |
| Result |
Accepted |
|
3. Ordinary Resolution 3
|
| Description |
To re-elect Tan Sri Lim Kok Thay as a Director pursuant to Paragraph 107 of the Company's Constitution.
|
| Shareholder’s Action |
For Voting |
| Voted |
For |
Against |
| No. of Shareholders |
1,705 |
380 |
| No. of Shares |
3,542,255,126 |
51,384,173 |
| % of Voted Shares |
98.5701 |
1.4299 |
| Result |
Accepted |
|
4. Ordinary Resolution 4
|
| Description |
To re-elect Dato' Sri Lee Choong Yan as a Director pursuant to Paragraph 107 of the Company's Constitution.
|
| Shareholder’s Action |
For Voting |
| Voted |
For |
Against |
| No. of Shareholders |
1,450 |
635 |
| No. of Shares |
3,322,229,718 |
266,100,807 |
| % of Voted Shares |
92.5843 |
7.4157 |
| Result |
Accepted |
|
5. Ordinary Resolution 5
|
| Description |
To re-elect Gen. Dato' Seri DiRaja Tan Sri (Dr.) Mohd Zahidi bin Hj Zainuddin (R) as a Director pursuant to Paragraph 107 of the Company's Constitution.
|
| Shareholder’s Action |
For Voting |
| Voted |
For |
Against |
| No. of Shareholders |
1,308 |
761 |
| No. of Shares |
3,061,575,576 |
520,552,704 |
| % of Voted Shares |
85.4681 |
14.5319 |
| Result |
Accepted |
|
6. Ordinary Resolution 6
|
| Description |
To re-elect Mr Teo Eng Siong as a Director pursuant to Paragraph 107 of the Company's Constitution.
|
| Shareholder’s Action |
For Voting |
| Voted |
For |
Against |
| No. of Shareholders |
1,320 |
749 |
| No. of Shares |
3,063,238,362 |
518,328,423 |
| % of Voted Shares |
85.5279 |
14.4721 |
| Result |
Accepted |
|
7. Ordinary Resolution 8
|
| Description |
To re-appoint PricewaterhouseCoopers 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 |
1,765 |
315 |
| No. of Shares |
3,577,489,877 |
17,621,708 |
| % of Voted Shares |
99.5098 |
0.4902 |
| Result |
Accepted |
|
8. Ordinary Resolution 9
|
| Description |
To approve the authority to Directors to allot shares or grant rights pursuant to Sections 75 and 76 of the Companies Act 2016 and Waiver of Pre-Emptive Rights pursuant to Section 85 of the Companies Act 2016 and Paragraph 53 of the Company's Constitution.
|
| Shareholder’s Action |
For Voting |
| Voted |
For |
Against |
| No. of Shareholders |
1,697 |
367 |
| No. of Shares |
3,498,151,028 |
96,841,052 |
| % of Voted Shares |
97.3062 |
2.6938 |
| Result |
Accepted |
|
9. Ordinary Resolution 10
|
| Description |
To approve the proposed renewal of the authority for the Company to purchase its own shares.
|
| Shareholder’s Action |
For Voting |
| Voted |
For |
Against |
| No. of Shareholders |
1,744 |
326 |
| No. of Shares |
3,580,281,187 |
14,769,093 |
| % of Voted Shares |
99.5892 |
0.4108 |
| Result |
Accepted |
|
10. Ordinary Resolution 11
|
| Description |
To approve the proposed renewal of shareholders' mandate for recurrent related party transactions of a revenue or trading nature and proposed new shareholders' mandate for additional recurrent related party transactions of a revenue or trading nature.
|
| Shareholder’s Action |
For Voting |
| Voted |
For |
Against |
| No. of Shareholders |
1,521 |
535 |
| No. of Shares |
497,286,999 |
261,033,365 |
| % of Voted Shares |
65.5774 |
34.4226 |
| Result |
Accepted |
|
11. Ordinary Resolution 12
|
| Description |
To approve the proposed retirement gratuity payment to Tan Sri Datuk Clifford Francis Herbert.
|
| Shareholder’s Action |
For Voting |
| Voted |
For |
Against |
| No. of Shareholders |
1,383 |
675 |
| No. of Shares |
3,194,116,309 |
387,968,470 |
| % of Voted Shares |
89.1692 |
10.8308 |
| Result |
Accepted |
|
Announcement Info
| Company Name |
GENTING MALAYSIA BERHAD
|
| Stock Name |
GENM |
| Date Announced |
31 May 2023 |
| Category |
General Meeting |
| Reference Number |
GMA-29052023-00030 |
| Corporate Action ID |
MY230529MEET0029 |
|
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