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General Meetings: Outcome of Meeting

BackJun 30, 2020
Type of Meeting General
Indicator Outcome of Meeting
Date of Meeting 30 Jun 2020
Time 10:00 AM
Venue(s)

Penthouse, 12th Floor, Wisma MBSB

No. 48, Jalan Dungun, Damansara Heights

50490 Kuala Lumpur
Malaysia

Outcome of Meeting

The Board of Directors of Malaysia Building Society Berhad ("MBSB" or "the Company") wishes to announce that the resolutions as set out in the Notice of the 50th Annual General Meeting ("AGM") dated 29 May 2020 were duly passed by the shareholders of MBSB at the AGM held today, 30 June 2020.

The resolutions were voted by poll and results of the poll were validated by Coopers Professional Scrutineers Sdn Bhd, the independent scrutineer appointed by the Company.

Please refer to the attachment for the poll result. 

This announcement is dated 30 June 2020.

Voting Results


1. Ordinary Resolution 1

Description

To declare a Single-Tier Final Dividend of 3.0 sen per ordinary share for the financial year ended 31 December 2019.

Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 690 44
No. of Shares 4,556,499,900 609,545
% of Voted Shares 99.9866 0.0134
Result Accepted

2. Ordinary Resolution 2

Description

To approve payment of Directors Fees amounting to RM1,815,000.00 (MBSB : RM 660,000.00 and MBSB Bank : RM 1,155,000.00) for the financial year ended 31 December 2019.

Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 618 101
No. of Shares 4,553,625,397 2,658,596
% of Voted Shares 99.9416 0.0584
Result Accepted

3. Ordinary Resolution 3

Description

To approve the payment of Directors Fees payable to Directors for the period from January 2020 until the next AGM of the Company in 2021.

Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 632 97
No. of Shares 4,554,831,929 1,709,754
% of Voted Shares 99.9625 0.0375
Result Accepted

4. Ordinary Resolution 4

Description

To approve payment of benefits (excluding Directors Fees) payable to Directors from the date of this AGM until the next AGM of the Company in 2021.

Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 621 102
No. of Shares 4,554,083,792 2,219,207
% of Voted Shares 99.9513 0.0487
Result Accepted

5. Ordinary Resolution 5

Description

To re-elect Tan Sri Abdul Halim bin Ali, who retire in accordance with Clause 100 of the Company's Constitution, and who being eligible offer himself for re-election.

Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 662 66
No. of Shares 4,554,316,524 2,456,461
% of Voted Shares 99.9461 0.0539
Result Accepted

6. Ordinary Resolution 6

Description

To re-elect Encik Lim Tian Huat, who retire in accordance with Clause 100 of the Company's Constitution, and who being eligible offer himself for re-election.

Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 680 51
No. of Shares 4,555,961,365 1,107,817
% of Voted Shares 99.9757 0.0243
Result Accepted

7. Ordinary Resolution 7

Description

To re-elect Puan Lynette Yeow Su-Yin, who retire in accordance with Clause 100 of the Company's Constitution, and who being eligible offer herself for re-election.

Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 680 51
No. of Shares 4,555,550,375 1,518,807
% of Voted Shares 99.9667 0.0333
Result Accepted

8. Ordinary Resolution 8

Description

To re-elect Puan Zaidatul Mazwin binti Idrus who retire in accordance with Clause 90 of the Company's Constitution, and who being eligible offer herself for re-election.

Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 676 54
No. of Shares 4,555,749,572 877,110
% of Voted Shares 99.9808 0.0192
Result Accepted

9. Ordinary Resolution 9

Description

To re-elect Encik Mohamad Abdul Halim bin Ahmad who retire in accordance with Clause 90 of the Company's Constitution, and who being eligible offer himself for re-election.

Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 674 56
No. of Shares 4,555,750,572 876,110
% of Voted Shares 99.9808 0.0192
Result Accepted

10. Ordinary Resolution 10

Description

To re-appoint Messrs KPMG PLT as Auditors of the Company for the financial year ending 31 December 2020 and to authorise the Directors to fix their remuneration.

Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 687 47
No. of Shares 4,556,212,171 905,174
% of Voted Shares 99.9801 0.0199
Result Accepted

11. Ordinary Resolution 11

Description To approve and allow Encik Lim Tian Huat to continue to act as a Senior Independent Non-Executive Director of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 678 53
No. of Shares 4,556,003,397 1,065,785
% of Voted Shares 99.9766 0.0234
Result Accepted

12. Ordinary Resolution 12

Description

Authority to allot and issue shares.

Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 673 59
No. of Shares 4,555,907,747 759,098
% of Voted Shares 99.9833 0.0167
Result Accepted

13. Ordinary Resolution 13

Description

To allot and issue shares in relation to the Dividend Reinvestment Plan.

Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 678 55
No. of Shares 4,556,016,440 1,099,905
% of Voted Shares 99.9759 0.0241
Result Accepted

 


Announcement Info

Company Name MALAYSIA BUILDING SOCIETY BERHAD
Stock Name MBSB
Date Announced 30 Jun 2020
Category General Meeting
Reference Number GMA-30062020-00028
Corporate Action ID MY200630MEET0025

Attachments

  1. MBSB_50th_AGM_-_Poll_Results.pdf (Size: 34,777 bytes)