| GENERAL MEETING |
| Reference No: |
GMA-09092020-00001 |
| Corporate Action ID: |
MY200909MEET0001 |
|
|
| Company Name |
: |
ECM LIBRA GROUP BERHAD |
| Stock Name |
: |
ECM |
| Date Announced |
: |
09 Sep 2020 |
|
|
| Type of Meeting |
: |
General |
| Indicator |
: |
Outcome of Meeting |
| Date of Meeting |
: |
09 Sep 2020 |
| Time |
: |
02:30 PM |
| |
| Venue(s) |
: |
MAKAN at Tune Hotel KLIA2
Lot Pt 13, Jalan KLIA 2/2
64000 KLIA, Selangor
Malaysia |
| Outcome of Meeting |
: |
The Board of Directors of ECM Libra Group Berhad (formerly known as ECM Libra Financial Group Berhad) ("Company") wishes to announce that at the 15th Annual General Meeting ("AGM") held today, the shareholders of the Company had approved all the resolutions set out in the notice of 15th AGM dated 11 August 2020 by way of poll. The results of the poll were validated by Asia Securities Sdn Berhad, the Independent Scrutineer appointed by the Company.
The details of the results of the poll are set out below.
The details of the poll results for Resolution 7 and Resolution 8 are as follows:-
| Resolution |
Description |
Shareholders Action |
Voted |
No. of Shareholders |
No.of Shares |
% of Voted Shares |
Results |
| Resolution 7 - Tier 1 |
To approve the continuation of Datuk Kamarudin bin Md Ali as Independent Non-Executive Director until the conclusion of the next Annual General Meeting of the Company. |
For Voting |
For
Against |
4
0 |
165,365,164
0 |
100.0000
0.0000 |
Accepted |
| Resolution 7 - Tier 2 |
To approve the continuation of Datuk Kamarudin bin Md Ali as Independent Non-Executive Director until the conclusion of the next Annual General Meeting of the Company. |
For Voting |
For
Against |
10
0 |
198,071,098
0 |
100.0000
0.0000 |
Accepted |
| Resolution 8 - Tier 1 |
To approve the continuation of En Mahadzir bin Azizan as Independent Non-Executive Director until the conclusion of the next Annual General Meeting of the Company. |
For Voting |
For
Against |
4
0 |
165,365,164
0 |
100.0000
0.0000 |
Accepted |
| Resolution 8 - Tier 2 |
To approve the continuation of En Mahadzir bin Azizan as Independent Non-Executive Director until the conclusion of the next Annual General Meeting of the Company. |
For Voting |
For
Against |
11
0 |
198,121,098
0 |
100.0000
0.0000 |
Accepted |
This announcement is dated 9 September 2020.
|
|
| Voting Results |
| 1. Resolution 1 |
| Description |
: |
To approve the payment of Directors' fees of RM182,500 in respect of financial year ended 31 December 2019 to be divided amongst the Directors in such manner as the Directors may determine. |
| Shareholder's Action |
: |
For Voting |
| Voted |
: |
For |
Against |
| No. of Shareholders |
: |
14 |
0 |
| No. of Shares |
: |
363,436,262 |
0 |
| % of Voted Shares |
: |
100.0000 |
0.0000 |
| Result |
: |
Accepted |
| |
| 2. Resolution 2 |
| Description |
: |
To approve the payment of Directors' remuneration (excluding Directors' fees) up to an amount of RM324,500 payable to the Non-Executive Directors from 10 September 2020 until the next Annual General Meeting of the Company. |
| Shareholder's Action |
: |
For Voting |
| Voted |
: |
For |
Against |
| No. of Shareholders |
: |
8 |
0 |
| No. of Shares |
: |
196,391,275 |
0 |
| % of Voted Shares |
: |
100.0000 |
0.0000 |
| Result |
: |
Accepted |
| |
| 3. Resolution 3 |
| Description |
: |
To re-elect Dato' Seri Kalimullah bin Masheerul Hassan who retires by rotation pursuant to Clause 105 of the Company's Constitution. |
| Shareholder's Action |
: |
For Voting |
| Voted |
: |
For |
Against |
| No. of Shareholders |
: |
12 |
0 |
| No. of Shares |
: |
292,923,447 |
0 |
| % of Voted Shares |
: |
100.0000 |
0.0000 |
| Result |
: |
Accepted |
| |
| 4. Resolution 4 |
| Description |
: |
To re-elect Datuk Kamarudin bin Md Ali who retires by rotation pursuant to Clause 105 of the Company's Constitution. |
| Shareholder's Action |
: |
For Voting |
| Voted |
: |
For |
Against |
| No. of Shareholders |
: |
14 |
0 |
| No. of Shares |
: |
363,436,262 |
0 |
| % of Voted Shares |
: |
100.0000 |
0.0000 |
| Result |
: |
Accepted |
| |
| 5. Resolution 5 |
| Description |
: |
To re-elect Mr Oh Teik Khim who retires pursuant to Clause 112 of the Company's Constitution. |
| Shareholder's Action |
: |
For Voting |
| Voted |
: |
For |
Against |
| No. of Shareholders |
: |
15 |
0 |
| No. of Shares |
: |
363,486,262 |
0 |
| % of Voted Shares |
: |
100.0000 |
0.0000 |
| Result |
: |
Accepted |
| |
| 6. Resolution 6 |
| Description |
: |
To re-appoint Messrs Ernst & Young 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 |
: |
15 |
0 |
| No. of Shares |
: |
363,486,262 |
0 |
| % of Voted Shares |
: |
100.0000 |
0.0000 |
| Result |
: |
Accepted |
| |
| 7. Resolution 7 |
| Description |
: |
To approve the continuation of Datuk Kamarudin bin Md Ali as Independent Non-Executive Director until the conclusion of the next Annual General Meeting of the Company. |
| Shareholder's Action |
: |
For Voting |
| Voted |
: |
For |
Against |
| No. of Shareholders |
: |
14 |
0 |
| No. of Shares |
: |
363,436,262 |
0 |
| % of Voted Shares |
: |
100.0000 |
0.0000 |
| Result |
: |
Accepted |
| |
| 8. Resolution 8 |
| Description |
: |
To approve the continuation of En Mahadzir bin Azizan as Independent Non-Executive Director until the conclusion of the next Annual General Meeting of the Company. |
| Shareholder's Action |
: |
For Voting |
| Voted |
: |
For |
Against |
| No. of Shareholders |
: |
15 |
0 |
| No. of Shares |
: |
363,486,262 |
0 |
| % of Voted Shares |
: |
100.0000 |
0.0000 |
| Result |
: |
Accepted |
| |
| 9. Resolution 9 |
| Description |
: |
To approve the authority to Directors 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 |
: |
15 |
0 |
| No. of Shares |
: |
363,486,262 |
0 |
| % of Voted Shares |
: |
100.0000 |
0.0000 |
| Result |
: |
Accepted |
| |
|
|
