[GENM] General Meeting on 31-May-2023

Stock
[GENM]: GENTING MALAYSIA BERHAD
Announcement Date
06-Apr-2023
Reference No.
GMA-06042023-00013
Corporate Action ID
MY230402MEET0001
Type
General Meeting
Date & Time
31-May-2023 10:00
Depositor Date
23-May-2023
Venue
Broadcast Venue, 25th Floor, Wisma Genting,Jalan Sultan Ismail,50250 Kuala Lumpur,MY
Description
Notice of the Forty-Third Annual General Meeting of Genting Malaysia Berhad to be held on a virtual basis through live streaming and online remote voting at the Broadcast Venue below via https://tiih.online on Wednesday, 31 May 2023 at 10.00 a.m.
GENM_Notice of 43rd AGM_Proxy Form and Personal Data Notice.pdf
Outcome

The Board of Directors of Genting Malaysia Berhad("GENM") is pleased to inform that the shareholders of GENM had, at the Forty-ThirdAnnual General Meeting ("43rdAGM") of GENM held on Wednesday, 31 May 2023approved the following 11ordinary resolutions as set out in the Notice of the 43rdAGM by way of poll.

The results of the poll were duly validated by Deloitte BusinessAdvisory Sdn Bhd, the Independent Scrutineer appointed by GENM.

Details of the results of the poll are set out below.

This announcement is dated 31 May 2023.

Voting Results

1. Ordinary Resolution 1

Description 
To approve the payment of Directors' fees totalling RM1,817,283 for the financial year ended 31 December 2022 comprising RM229,600 per annum for the Chairman of the Company and RM153,065 per annum for each of the other Directors.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 1,611 442
No. of Shares 3,579,452,418 3,835,077
% of Voted Shares 99.8930 0.1070
Result Accepted

2. Ordinary Resolution 2

Description 
To approve the payment of Directors' benefits-in-kind from the date immediately after the Forty-Third Annual General Meeting of the Company to the date of the next annual general meeting of the Company in 2024.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 1,590 465
No. of Shares 3,590,490,690 3,906,588
% of Voted Shares 99.8913 0.1087
Result Accepted

3. Ordinary Resolution 3

Description 
To re-elect Tan Sri Lim Kok Thay as a Director pursuant to Paragraph 107 of the Company's Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 1,705 380
No. of Shares 3,542,255,126 51,384,173
% of Voted Shares 98.5701 1.4299
Result Accepted

4. Ordinary Resolution 4

Description 
To re-elect Dato' Sri Lee Choong Yan as a Director pursuant to Paragraph 107 of the Company's Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 1,450 635
No. of Shares 3,322,229,718 266,100,807
% of Voted Shares 92.5843 7.4157
Result Accepted

5. Ordinary Resolution 5

Description 
To re-elect Gen. Dato' Seri DiRaja Tan Sri (Dr.) Mohd Zahidi bin Hj Zainuddin (R) as a Director pursuant to Paragraph 107 of the Company's Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 1,308 761
No. of Shares 3,061,575,576 520,552,704
% of Voted Shares 85.4681 14.5319
Result Accepted

6. Ordinary Resolution 6

Description 
To re-elect Mr Teo Eng Siong as a Director pursuant to Paragraph 107 of the Company's Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 1,320 749
No. of Shares 3,063,238,362 518,328,423
% of Voted Shares 85.5279 14.4721
Result Accepted

7. Ordinary Resolution 8

Description 
To re-appoint PricewaterhouseCoopers 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 1,765 315
No. of Shares 3,577,489,877 17,621,708
% of Voted Shares 99.5098 0.4902
Result Accepted

8. Ordinary Resolution 9

Description 
To approve the authority to Directors to allot shares or grant rights pursuant to Sections 75 and 76 of the Companies Act 2016 and Waiver of Pre-Emptive Rights pursuant to Section 85 of the Companies Act 2016 and Paragraph 53 of the Company's Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 1,697 367
No. of Shares 3,498,151,028 96,841,052
% of Voted Shares 97.3062 2.6938
Result Accepted

9. Ordinary Resolution 10

Description 
To approve the proposed renewal of the authority for the Company to purchase its own shares.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 1,744 326
No. of Shares 3,580,281,187 14,769,093
% of Voted Shares 99.5892 0.4108
Result Accepted

10. Ordinary Resolution 11

Description 
To approve the proposed renewal of shareholders' mandate for recurrent related party transactions of a revenue or trading nature and proposed new shareholders' mandate for additional recurrent related party transactions of a revenue or trading nature.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 1,521 535
No. of Shares 497,286,999 261,033,365
% of Voted Shares 65.5774 34.4226
Result Accepted

11. Ordinary Resolution 12

Description 
To approve the proposed retirement gratuity payment to Tan Sri Datuk Clifford Francis Herbert.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 1,383 675
No. of Shares 3,194,116,309 387,968,470
% of Voted Shares 89.1692 10.8308
Result Accepted

Remark
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