News

General Meetings: Outcome Of Meeting

Back30 Aug 2022
Type of Meeting General
Indicator Outcome of Meeting
Date of Meeting 30 Aug 2022
Time 10:00 AM

 

Venue(s)

Broadcast venue at QL Training Hall

No. 16A, Jalan Astaka U8/83

Bukit Jelutong, 40150 Shah Alam

Selangor Darul Ehsan

Malaysia
Outcome of Meeting

The Board of Directors of QL Resources Berhad ("the Company") is pleased to announce that all the resolutions as set out in the Notice of AGM dated 28 July 2022 were approved by poll.

The results were validated by Messrs. SKY Corporate Services Sdn. Bhd., the scrutineer appointed by the Company. The results of the poll is attached herewith.

This announcement is dated 30 August 2022.

Voting Results

1. Ordinary Resolution 1
Description To approve the payment of a final single tier dividend of 3.50 sen per ordinary share in respect of the financial year ended 31 March 2022.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 674 23
No. of Shares 1,768,373,221 10,493
% of Voted Shares 99.9994 0.0006
Result Accepted

2. Ordinary Resolution 2
Description To re-elect the Director who retire in accordance with Clause 124 of the Company's Constitution and being eligible, offers himself for re-election - Chia Song Kun.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 643 50
No. of Shares 1,761,828,173 5,938,641
% of Voted Shares 99.6641 0.3359
Result Accepted

3. Ordinary Resolution 3
Description To re-elect the Director who retire in accordance with Clause 124 of the Company's Constitution and being eligible, offers himself for re-election - Chia Song Kooi.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 657 40
No. of Shares 1,768,097,725 285,989
% of Voted Shares 99.9838 0.0162
Result Accepted

4. Ordinary Resolution 4
Description To re-elect the Director who retire in accordance with Clause 124 of the Company's Constitution and being eligible, offers herself for re-election - Kow Poh Gek.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 659 37
No. of Shares 1,768,357,725 17,989
% of Voted Shares 99.9990 0.0010
Result Accepted

5. Ordinary Resolution 5
Description To re-elect the Director who retire in accordance with Clause 124 of the Company's Constitution and being eligible, offers himself for re-election - Low Teng Lum.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 648 48
No. of Shares 1,767,034,820 1,340,894
% of Voted Shares 99.9242 0.0758
Result Accepted

6. Ordinary Resolution 6
Description To re-elect the Director who retire in accordance with Clause 129 of the Company's Constitution and being eligible, offers himself for re-election - Chia Lik Khai.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 654 42
No. of Shares 1,767,652,125 723,589
% of Voted Shares 99.9591 0.0409
Result Accepted

7. Ordinary Resolution 7
Description To re-elect the Director who retire in accordance with Clause 129 of the Company's Constitution and being eligible, offers herself for re-election - Tan Ler Chin.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 654 42
No. of Shares 1,768,234,825 140,889
% of Voted Shares 99.9920 0.0080
Result Accepted

8. Ordinary Resolution 8
Description To approve the proposed payment of fees to Directors amounting to RM1,308,000 from 1 September 2022 until the next Annual General Meeting, and further, to authorise the Directors to apportion the fees and make payment in the manner as the Directors may determine.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 630 58
No. of Shares 1,752,815,025 237,712
% of Voted Shares 99.9864 0.0136
Result Accepted

9. Ordinary Resolution 9
Description To approve the proposed payment of Directors' benefits amounting to RM71,125 from 1 September 2022 until the next Annual General Meeting.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 631 57
No. of Shares 1,752,891,466 161,271
% of Voted Shares 99.9908 0.0092
Result Accepted

10. Ordinary Resolution 10
Description To approve the additional payment of Directors' fees of RM116,000 following the appointment of additional Directors in January 2022.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 629 59
No. of Shares 1,752,896,766 155,971
% of Voted Shares 99.9911 0.0089
Result Accepted

11. Ordinary Resolution 11
Description To approve the additional payment of Directors' benefits of RM5,000 following the appointment of a Non-Executive Director in January 2022.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 628 60
No. of Shares 1,752,886,535 166,202
% of Voted Shares 99.9905 0.0095
Result Accepted

12. Ordinary Resolution 12
Description To re-appoint Messrs. KPMG PLT as the auditors of the Company and to authorise the Directors to fix their remuneration.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 647 48
No. of Shares 1,763,102,882 4,798,817
% of Voted Shares 99.7286 0.2714
Result Accepted

13. Ordinary Resolution 13
Description Authority to Directors to allot and issue shares pursuant to Section 75 and Section 76 of the Companies Act 2016.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 639 58
No. of Shares 1,693,440,607 74,943,107
% of Voted Shares 95.7621 4.2379
Result Accepted

14. Ordinary Resolution 14
Description Proposed Renewal for the Company to purchase its own shares of up to 10% of the total number of issued shares ("Proposed Renewal of Share Buy Back Authority").
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 656 39
No. of Shares 1,767,775,839 468,975
% of Voted Shares 99.9735 0.0265
Result Accepted

15. Ordinary Resolution 15
Description Proposed Renewal of Shareholders' Mandate for Recurrent Related Party Transactions of Revenue or Trading Nature ("Proposed Renewal of RRPT Mandate").
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 639 41
No. of Shares 487,313,782 34,339
% of Voted Shares 99.9930 0.0070
Result Accepted

16. Special Resolution
Description Proposed Amendment to the Constitution of the Company ("Proposed Amendment").
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 654 38
No. of Shares 1,768,346,689 24,627
% of Voted Shares 99.9986 0.0014
Result Accepted

Please refer attachment below.

Announcement Info

Company Name QL RESOURCES BERHAD
Stock Name QL
Date Announced 30 Aug 2022
Category General Meeting
Reference Number GMA-15082022-00005
Corporate Action ID MY220815MEET0005

Attachments

  1. QL_poll_result.pdf (Size: 426,488 bytes)