Type of MeetingGeneral
IndicatorOutcome of Meeting
Date of Meeting15 Jun 2023
Time09:30 AM
Venue(s)Online Platform via TIIH Online website

at https://tiih.online

with Remote Participation and Voting (RPV) facilities
Malaysia

Broadcast Venue: Amphitheatre, Level 23, The Bousteador

No. 10, Jalan PJU 7/6, Mutiara Damansara

47800 Petaling Jaya, Selangor

Malaysia

Outcome of MeetingThe Board of Directors of Boustead Holdings Berhad (“Company”) wishes to announce that all the Ordinary Resolutions as set out in the Notice of the 61st Annual General Meeting (“AGM”) of the Company dated 28 April 2023 were duly passed by the shareholders at the AGM of the Company.

 

All the Resolutions were voted by poll and the results of the poll were validated by KPMG Management & Risk Consulting Sdn Bhd, the independent scrutineer appointed by the Company.

 

Please refer to the attachment for the poll results.

 

This announcement is dated 15 June 2023.

Voting Results

1. Ordinary Resolution 1

DescriptionTo re-elect Lieutenant General Dato’ Fadzil Mokhtar (R) who retires by rotation in accordance with Article 117 of the Company’s Constitution, and being eligible, offers himself for re-election.
Shareholder’s ActionFor Voting
VotedForAgainst
No. of Shareholders352109
No. of Shares1,966,563,472193,280
% of Voted Shares99.99020.0098
ResultAccepted

2. Ordinary Resolution 2

DescriptionTo re-elect Muhammad Fitri Othman who retires in accordance with Article 123 of the Company’s Constitution.
Shareholder’s ActionFor Voting
VotedForAgainst
No. of Shareholders350111
No. of Shares1,966,560,572196,180
% of Voted Shares99.99000.0100
ResultAccepted

3. Ordinary Resolution 3

DescriptionTo approve payment of Directors’ fees, allowances and other benefits for Boustead Holdings Berhad and its subsidiaries from 16 June 2023 until the conclusion of the next AGM of the Company.
Shareholder’s ActionFor Voting
VotedForAgainst
No. of Shareholders326133
No. of Shares1,966,520,044235,697
% of Voted Shares99.98800.0120
ResultAccepted

4. Ordinary Resolution 4

DescriptionTo re-appoint Messrs. Ernst & Young PLT as auditors of the Company and to hold office until the conclusion of the next AGM, at a remuneration to be determined by the Directors.
Shareholder’s ActionFor Voting
VotedForAgainst
No. of Shareholders38182
No. of Shares1,966,639,022124,731
% of Voted Shares99.99370.0063
ResultAccepted

5. Ordinary Resolution 5

DescriptionAuthority to allot and issue shares in general pursuant to Sections 75 to 76 of the Companies Act 2016.
Shareholder’s ActionFor Voting
VotedForAgainst
No. of Shareholders342120
No. of Shares1,966,547,435215,818
% of Voted Shares99.98900.0110
ResultAccepted
 

6. Ordinary Resolution 6

DescriptionProposed Renewal of Shareholders’ Mandate for Recurrent Related Party Transactions.
Shareholder’s ActionFor Voting
VotedForAgainst
No. of Shareholders351109
No. of Shares684,283185,016
% of Voted Shares78.716621.2834
ResultAccepted

Please refer attachment below.


Announcement Info

Company NameBOUSTEAD HOLDINGS BERHAD
Stock NameBSTEAD
Date Announced15 Jun 2023
CategoryGeneral Meeting
Reference NumberGMA-06062023-00009
Corporate Action IDMY230606MEET0009

Attachments

  1. BHB_-_Poll_Results.pdf (Size: 63,472 bytes)