News
General Meetings: Outcome Of Meeting
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 02 Dec 2020 |
| Time | 11:00 AM |
| Venue(s) |
Broadcast Venue: Centennial Business Suites, Level 25 Tower 2, Etiqa Twins, 11 Jalan Pinang, 50450 Kuala Lumpur |
| Outcome of Meeting |
We are pleased to announce that all proposed resolutions at the 41st Annual General Meeting of FACB Industries Incorporated Berhad held on 2 December 2020 were passed by way of poll.
Resolutions 6, 7 and 8 below went through a two-tier voting process. The results of the poll were validated by the independent scrutineer Lawco Corporate Services Sdn Bhd.
This announcement is dated 2 December 2020. |
Voting Results |
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1. Ordinary Resolution 1 |
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| Description |
To approve payment of Directors' fees and benefits up to RM252,460/- for the period 2 December 2020 until the conclusion of the next Annual General Meeting of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 52 | 13 |
| No. of Shares | 38,398,311 | 6,232 |
| % of Voted Shares | 99.9838 | 0.0162 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
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| Description |
To re-elect Mr Chen Yiy Fon, 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 | 54 | 11 |
| No. of Shares | 38,403,311 | 1,232 |
| % of Voted Shares | 99.9968 | 0.0032 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
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| Description |
To re-elect Mr Lim Mun Kee, 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 | 54 | 11 |
| No. of Shares | 38,403,311 | 1,232 |
| % of Voted Shares | 99.9968 | 0.0032 |
| Result | Accepted | |
4. Ordinary Resolution 4 |
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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 | 56 | 9 |
| No. of Shares | 38,404,331 | 212 |
| % of Voted Shares | 99.9994 | 0.0006 |
| Result | Accepted | |
5. Ordinary Resolution 5 |
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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 | 54 | 11 |
| No. of Shares | 38,403,311 | 1,232 |
| % of Voted Shares | 99.9968 | 0.0032 |
| Result | Accepted | |
6. Ordinary Resolution 6 |
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| Description |
To approve the continuing in office for Datuk Wan Kassim bin Ahmed as an Independent Non-Executive Director |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 4 | 0 |
| No. of Shares | 25,804,882 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
7. Ordinary Resolution 7 |
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| Description |
To approve the continuing in office for Dato' Dr. Abdul Razak bin Abdul as an Independent Non-Executive Director |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 4 | 0 |
| No. of Shares | 25,804,882 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
8. Ordinary Resolution 8 |
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| Description |
To approve the continuing in office for Mr Lim Mun Kee as an Independent Non-Executive Director |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 4 | 0 |
| No. of Shares | 25,804,882 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
9. Ordinary Resolution 6 - Tier 2 |
||
| Description |
To approve the continuing in office for Datuk Wan Kassim bin Ahmed as an Independent Non-Executive Director |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 49 | 12 |
| No. of Shares | 12,597,429 | 2,232 |
| % of Voted Shares | 99.9823 | 0.0177 |
| Result | Accepted | |
10. Ordinary Resolution 7 - Tier 2 |
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| Description |
To approve the continuing in office for Dato' Dr. Abdul Razak bin Abdul as an Independent Non-Executive Director |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 49 | 12 |
| No. of Shares | 12,597,429 | 2,232 |
| % of Voted Shares | 99.9823 | 0.0177 |
| Result | Accepted | |
11. Ordinary Resolution 8 - Tier 2 |
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| Description |
To approve the continuing in office for Mr Lim Mun Kee as an Independent Non-Executive Director |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 50 | 11 |
| No. of Shares | 12,598,429 | 1,232 |
| % of Voted Shares | 99.9902 | 0.0098 |
| Result | Accepted | |
Announcement Info
| Company Name | FACB INDUSTRIES INCORPORATED BERHAD |
| Stock Name | FACBIND |
| Date Announced | 02 Dec 2020 |
| Category | General Meeting |
| Reference Number | GMA-02122020-00009 |
| Corporate Action ID | MY201202MEET0009 |