| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 14 Aug 2020 |
| Time | 10:00 AM |
| Venue(s) |
Grand Margherita Hotel Jalan Tunku Abdul Rahman 93748 Kuching Sarawak |
| Outcome of Meeting |
The Board of Directors of KKB Engineering Berhad (“KKB") wishes to announce that at the 44th Annual General Meeting ("AGM") held on 14 August 2020, all resolutions as set out in the Notice of AGM dated 9 July 2020 were carried. All resolutions were voted by poll and the results of the poll were validated by Commercial Quest Sdn Bhd, the independent scrutineer appointed by KKB. |
Voting Results |
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1. Ordinary Resolution 1 |
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| Description |
To approve the payment of a First and Final Single Tier Dividend of six (6) sen per ordinary share in respect of the financial year ended 31 December 2019 as recommended by the Directors. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 33 | 0 |
| No. of Shares | 185,748,440 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
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| Description |
To approve the payment of Directors' fees amounting to RM371,000 for the financial year ending 31 December 2020 (FYE 2019: RM318,000). |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 29 | 0 |
| No. of Shares | 179,598,540 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
||
| Description |
To approve the payment of Directors' meeting allowances up to RM65,500 for the financial year ending 31 December 2020 (FYE 2019: RM64,000). |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 29 | 0 |
| No. of Shares | 179,598,540 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
4. Ordinary Resolution 4 |
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| Description |
To re-elect Dr Arjunan Subramaniam as a Director of the Company who retire pursuant to Clause 22.2 of the Company's Constitution. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 33 | 0 |
| No. of Shares | 185,748,440 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
5. Ordinary Resolution 5 |
||
| Description |
To re-elect Mr Chai Woon Chew as a Director of the Company who retire pursuant to Clause 22.2 of the Company's Constitution. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 32 | 0 |
| No. of Shares | 185,684,120 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
6. Ordinary Resolution 6 |
||
| Description |
To re-elect Mr Syed Hizam Alsagoff as a Director of the Company who retire pursuant to Clause 22.9 of the Company's Constitution. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 33 | 0 |
| No. of Shares | 185,748,440 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
7. Ordinary Resolution 7 |
||
| Description |
To re-elect Mr Yong Voon Kar as a Director of the Company who retire pursuant to Clause 22.9 of the Company's Constitution. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 33 | 0 |
| No. of Shares | 185,748,440 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
8. Ordinary Resolution 8 |
||
| Description |
To re-appoint Messrs Ernst & Young PLT as auditors of the Company until the conclusion of the next annual general meeting and to authorize the Board of Directors to fix their remuneration. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 33 | 0 |
| No. of Shares | 185,748,440 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
9. Ordinary Resolution 9 |
||
| Description |
To retain Dr Arjunan Subramaniam, who has served as an Independent Non-Executive Director of the Company for more than twelve (12) years, to continue in office as an Independent Non-Executive Director of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 33 | 0 |
| No. of Shares | 185,748,440 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
10. Ordinary Resolution 10 |
||
| Description |
To retain Mr Lau Nai Pek, who has served as an Independent Non-Executive Director of the Company for a cumulative term of nine (9) years, to continue in office as an Independent Non-Executive Director of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 33 | 0 |
| No. of Shares | 185,748,440 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
11. Ordinary Resolution 11 |
||
| Description |
Proposed renewal of and new Shareholder Mandate for recurrent related party transactions of a revenue or trading nature. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 32 | 0 |
| No. of Shares | 134,068,440 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
| Company Name | KKB ENGINEERING BERHAD |
| Stock Name | KKB |
| Date Announced | 14 Aug 2020 |
| Category | General Meeting |
| Reference Number | GMA-10082020-00009 |
| Corporate Action ID | MY200810MEET0009 |
