News
General Meetings: Outcome Of Meeting
BackDec 09, 2024
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 09 Dec 2024 |
| Time | 03:00 PM |
| 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 45th Annual General Meeting of FACB Industries Incorporated Berhad held on 9 December 2024 were passed by way of poll. The results of the poll were validated by the independent scrutineer Lawco Corporate Services Sdn Bhd. |
Voting Results |
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1. Ordinary Resolution 1 |
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| Description | To approve a final single-tier dividend of 2.0 sen per ordinary share for the financial year ended 30 June 2024. | |
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 74 | 14 |
| No. of Shares | 38,489,001 | 1,885,626 |
| % of Voted Shares | 95.3297 | 4.6703 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
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| Description | To approve payment of Directors' fees and benefits up to RM350,000/- from 9 December 2024 until the conclusion of the following Annual General Meeting of the Company. | |
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 68 | 18 |
| No. of Shares | 39,472,981 | 901,640 |
| % of Voted Shares | 97.7668 | 2.2323 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
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| Description | To re-elect Mr Chen Yiy Fon, the Director who is retiring pursuant to regulation 21.2 of the Company's Constitution. | |
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 74 | 14 |
| No. of Shares | 39,479,001 | 895,626 |
| % of Voted Shares | 97.7817 | 2.2183 |
| Result | Accepted | |
4. Ordinary Resolution 4 |
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| Description | To re-elect Mr Tee Meng Kwang, the Director who is retiring pursuant to regulation 21.2 of the Company's Constitution. | |
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 75 | 13 |
| No. of Shares | 39,479,002 | 895,625 |
| % of Voted Shares | 97.7817 | 2.2183 |
| Result | Accepted | |
5. Ordinary Resolution 5 |
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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 | 76 | 12 |
| No. of Shares | 39,489,002 | 885,625 |
| % of Voted Shares | 97.8065 | 2.1935 |
| Result | Accepted | |
6. Ordinary Resolution 6 |
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| Description | To approve the authority to issue shares pursuant to Sections 75 and 76 of the Companies Act 2016. | |
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 69 | 17 |
| No. of Shares | 39,452,985 | 921,636 |
| % of Voted Shares | 97.7173 | 2.2827 |
| Result | Accepted | |
Announcement Info
| Company Name | FACB INDUSTRIES INCORPORATED BERHAD |
| Stock Name | FACBIND |
| Date Announced | 09 Dec 2024 |
| Category | General Meeting |
| Reference Number | GMA-09122024-00004 |
| Corporate Action ID | MY241209MEET0004 |