| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 29 Nov 2023 |
| Time | 11:00 AM |
| Venue(s) | Broadcast Venue: Tricor Business Centre, Manuka 2 & 3 Meeting Room Unit 29-01, Level 29, Tower A, Vertical Business Suite, Avenue 3 Bangsar South, No. 8, Jalan Kerinchi, 59200 Kuala Lumpur Malaysia |
| Outcome of Meeting |
We are pleased to announce that all proposed resolutions at the 44th Annual General Meeting of FACB Industries Incorporated Berhad held on 29 November 2023 were passed by way of poll. The results of the poll were validated by the independent scrutineer Corporate Bridge Solutions PLT.
This announcement is dated 29 November 2023. |
Voting Results |
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1. Ordinary Resolution 1 |
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| Description | To approve a final single-tier dividend of 1.7 sen per ordinary share for the financial year ended 30 June 2023. | |
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 71 | 11 |
| No. of Shares | 38,494,398 | 1,193,514 |
| % of Voted Shares | 96.9928 | 3.0072 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
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| Description | To approve payment of Directors' fees and benefits up to RM292,000/- from 29 November 2023 until the conclusion of the following Annual General Meeting of the Company. | |
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 63 | 19 |
| No. of Shares | 39,479,274 | 208,638 |
| % of Voted Shares | 99.4743 | 0.5257 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
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| Description | To re-elect Puan Sri Lee Chou Sarn, the Director who is retiring pursuant to Article 21.2 of the Company's Constitution. | |
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 71 | 11 |
| No. of Shares | 39,484,398 | 203,514 |
| % of Voted Shares | 99.4872 | 0.5128 |
| Result | Accepted | |
4. Ordinary Resolution 4 |
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| Description | To re-elect Mr Leong Choong Wah, the Director who is retiring pursuant to Article 21.9 of the Company's Constitution. | |
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 71 | 11 |
| No. of Shares | 39,484,398 | 203,514 |
| % of Voted Shares | 99.4872 | 0.5128 |
| Result | Accepted | |
5. Ordinary Resolution 5 |
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| Description | To re-elect Mr Michael Lai Kai Jin, the Director who is retiring pursuant to Article 21.9 of the Company's Constitution. | |
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 71 | 11 |
| No. of Shares | 39,484,398 | 203,514 |
| % of Voted Shares | 99.4872 | 0.5128 |
| Result | Accepted | |
6. Ordinary Resolution 6 |
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| Description | To re-elect Mr Tee Meng Kwang, the Director who is retiring pursuant to Article 21.9 of the Company's Constitution. | |
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 71 | 11 |
| No. of Shares | 39,484,398 | 203,514 |
| % of Voted Shares | 99.4872 | 0.5128 |
| Result | Accepted | |
7. Ordinary Resolution 7 |
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| Description | To re-appoint BDO 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 | 72 | 10 |
| No. of Shares | 39,494,398 | 193,514 |
| % of Voted Shares | 99.5124 | 0.4876 |
| Result | Accepted | |
8. Ordinary Resolution 8 |
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| Description | To approve the authority to allot and issue shares pursuant to Section 75 and 76 of the Companies Act 2016. | |
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 69 | 11 |
| No. of Shares | 39,494,382 | 193,524 |
| % of Voted Shares | 99.5124 | 0.4876 |
| Result | Accepted | |
| Company Name | FACB INDUSTRIES INCORPORATED BERHAD |
| Stock Name | FACBIND |
| Date Announced | 29 Nov 2023 |
| Category | General Meeting |
| Reference Number | GMA-29112023-00023 |
| Corporate Action ID | MY231129MEET0022 |