GENERAL MEETINGS: Outcome of Meeting

KOTRA INDUSTRIES BERHAD

Type of Meeting General
Indicator Outcome of Meeting
Date of Meeting 29 Nov 2022
Time 10:00 AM

Venue(s) 
Broadcast Venue

Vertical Business Suite, Unit 35-01, Level 35, Tower A,

Avenue 3, Bangsar South, No. 8, Jalan Kerinchi,

59200 Kuala Lumpur,

Malaysia

Outcome of Meeting 
The Board of Directors of Kotra Industries Berhad ("Kotra") is pleased to announce that at the Twenty-Third Annual General Meeting ("AGM") of Kotra held today, all the resolutions as set out in the Notice of Twenty-Third AGM dated 28 October 2022, were duly passed by the shareholders of Kotra. 

The voting in respect of the resolutions were carried out by way of poll via remote participation and electronic voting and the results were validated by Quantegic Services Sdn. Bhd., the Independent Scrutineer appointed by Kotra. 

The details of the poll results are set out below. 

This announcement is dated 29 November 2022.

Voting Results

1. Ordinary Resolution 1

Description 
To approve the payment of a final single-tier dividend of 16 sen per ordinary share for the financial year ended 30 June 2022.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 50 1
No. of Shares 88,452,414 1
% of Voted Shares 99.9999 0.0000
Result Accepted

2. Ordinary Resolution 2

Description 
To approve the payment of Directors' fees amounting to RM420,000.00 from 30 November 2022 until the next AGM of the Company in year 2023.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 41 9
No. of Shares 88,428,323 24,091
% of Voted Shares 99.9728 0.0272
Result Accepted

3. Ordinary Resolution 3

Description 
To approve the payment of Directors' benefits payable up to an amount of RM30,000.00 from 30 November 2022 until the next AGM of the Company in year 2023.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 42 9
No. of Shares 88,428,324 24,091
% of Voted Shares 99.9728 0.0272
Result Accepted

4. Ordinary Resolution 4

Description 
To re-elect the director, Datuk Piong Teck Yen, who is retiring pursuant to Clause 118 of the Company's Constitution, being eligible, has offered himself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 50 1
No. of Shares 88,452,414 1
% of Voted Shares 99.9999 0.0000
Result Accepted

5. Ordinary Resolution 5

Description 
To re-elect the director, Mr. Piong Chee Kien, who is retiring pursuant to Clause 118 of the Company's Constitution, being eligible, has offered himself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 50 1
No. of Shares 88,452,414 1
% of Voted Shares 99.9999 0.0000
Result Accepted

6. Ordinary Resolution 6

Description 
To re-appoint Crowe Malaysia PLT as Auditors of the Company until the conclusion of the next AGM and to authorise the Directors to fix their remuneration.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 50 1
No. of Shares 88,452,414 1
% of Voted Shares 99.9999 0.0000
Result Accepted

7. Ordinary Resolution 7

Description 
Authority to Allot and Issue Shares pursuant to the Companies Act 2016
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 47 3
No. of Shares 88,448,214 3,201
% of Voted Shares 99.9964 0.0036
Result Accepted

8. Ordinary Resolution 8

Description 
Proposed Renewal of Shareholders' Mandate for Existing Recurrent Related Party Transactions of a Revenue or Trading Nature
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 40 2
No. of Shares 6,705,886 2,201
% of Voted Shares 99.9672 0.0328
Result Accepted

9. Special Resolution

Description 
Proposed Amendments to the Constitution of the Company
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 49 2
No. of Shares 88,450,214 2,201
% of Voted Shares 99.9975 0.0025
Result Accepted





Announcement Info

Company Name KOTRA INDUSTRIES BERHAD
Stock Name KOTRA
Date Announced 29 Nov 2022
Category General Meeting
Reference Number GMA-24112022-00006
Corporate Action ID MY221124MEET0006