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General Meetings: Outcome Of Meeting

Back30 Aug 2023
Type of Meeting General
Indicator Outcome of Meeting
Date of Meeting 30 Aug 2023
Time 10:00 AM
Venue(s) Saujana Ballroom, Saujana Resort,
Jalan Lapangan Terbang SAAS,
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 27 July 2023 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 2023.

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 2023.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 651 8
No. of Shares 1,808,330,545 61,872
% of Voted Shares 99.9966 0.0034
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 herself for re-election - Datin Paduka Setia Dato' Dr. Aini Binti Ideris.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 638 22
No. of Shares 1,806,574,370 1,818,047
% of Voted Shares 99.8995 0.1005
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 herself for re-election - Chan Wai Yen.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 648 12
No. of Shares 1,808,344,532 47,885
% of Voted Shares 99.9974 0.0026
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 - Cynthia Toh Mei Lee.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 645 13
No. of Shares 1,807,892,687 481,485
% of Voted Shares 99.9734 0.0266
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 - Wee Beng Chuan.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 561 105
No. of Shares 1,782,037,441 26,336,731
% of Voted Shares 98.5436 1.4564
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 Seong Pow.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 639 20
No. of Shares 1,805,310,541 3,063,631
% of Voted Shares 99.8306 0.1694
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 himself for re-election - Chia Song Swa.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 589 22
No. of Shares 1,665,725,814 39,423,331
% of Voted Shares 97.6880 2.3120
Result Accepted

8. Ordinary Resolution 8
Description To approve the proposed payment of fees to Directors up to RM1,644,000 from 1 September 2023 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 583 65
No. of Shares 1,689,255,726 103,318,569
% of Voted Shares 94.2363 5.7637
Result Accepted

9. Ordinary Resolution 9
Description To approve the proposed payment of Directors' benefits up to RM82,000 from 1 September 2023 until the next Annual General Meeting.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 583 65
No. of Shares 1,689,082,363 103,491,932
% of Voted Shares 94.2266 5.7734
Result Accepted

10. Ordinary Resolution 10
Description To approve the additional payment of fees to Directors up to RM292,000 following the restructuring of the Board Committees and proposed increase in fees to Directors from December 2022.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 628 18
No. of Shares 1,774,609,148 105,290
% of Voted Shares 99.9941 0.0059
Result Accepted

11. Ordinary Resolution 11
Description To approve the additional payment of Directors' benefits of approximately RM260 following the increased in payment for Directors' and Officers' Indemnity Insurance.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 630 18
No. of Shares 1,774,622,799 17,951,496
% of Voted Shares 98.9986 1.0014
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 634 24
No. of Shares 1,785,901,659 22,472,513
% of Voted Shares 98.7573 1.2427
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 and Waiver of Pre-Emptive Rights.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 630 27
No. of Shares 1,703,229,903 105,144,269
% of Voted Shares 94.1857 5.8143
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 622 34
No. of Shares 1,802,958,732 5,276,540
% of Voted Shares 99.7082 0.2918
Result Accepted

15. Ordinary Resolution 15
Description Proposed Renewal of and New Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature ("Proposed Renewal of and New RRPT Mandate").
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 624 11
No. of Shares 512,165,043 20,550
% of Voted Shares 99.9960 0.0040
Result Accepted

 

Please refer attachment below.

Announcement Info

Company Name QL RESOURCES BERHAD
Stock Name QL
Date Announced 30 Aug 2023
Category General Meeting
Reference Number GMA-24082023-00007
Corporate Action ID MY230824MEET0007

Attachments

  1. QL_Resources_Berhad_Poll_result.pdf (Size: 891,335 bytes)