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General Meetings: Outcome Of Meeting
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 05 Aug 2020 |
| Time |
10:00 AM
|
| Venue(s) |
Banyan Function Room, Sime Darby Convention Centre, 1A, Jalan Bukit Kiara 1, 60000 Kuala Lumpur |
| Outcome of Meeting |
On behalf of the Board of Directors of Reach Energy Berhad ("REB"), we are pleased to announce that at the Seventh Annual General Meeting ("7th AGM") of REB held today, 5 August 2020, the shareholders of REB have approved all the resolutions referred to in the Notice of the 7th AGM dated 30 June 2020 save for Ordinary Resolution 3 that has been withdrawn.
All the resolutions were determined by way of poll and the results of the poll were validated by the Independent Scrutineer, Boardroom Corporate Services Sdn. Bhd.. |
Voting Results |
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1. 1 |
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| Description |
To re-elect Tan Sri Dr. Azmil Khalili bin Dato' Khalid, who retires by rotation pursuant to Clause 86 of the Constitution of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 40 | 8 |
| No. of Shares | 256,475,239 | 108,550 |
| % of Voted Shares | 99.9577 | 0.0423 |
| Result | Accepted | |
2. 2 |
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| Description |
To re-elect Encik Nik Din bin Nik Sulaiman, who retires by rotation pursuant to Clause 86 of the Constitution of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 40 | 8 |
| No. of Shares | 276,075,239 | 108,550 |
| % of Voted Shares | 99.9607 | 0.0393 |
| Result | Accepted | |
3. 3 |
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| Description |
To re-elect Encik Ikram Iskandar bin Abd Rahim who retires pursuant to Clause 91 of the Constitution of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 0 | 0 |
| No. of Shares | 0 | 0 |
| % of Voted Shares | 0.0000 | 0.0000 |
| Result | Withdrawn/ Postponed | |
4. 4 |
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| Description |
To re-elect Encik Ku Azhar bin Ku Akil who retires pursuant to Clause 91 of the Constitution of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 41 | 8 |
| No. of Shares | 276,475,239 | 108,550 |
| % of Voted Shares | 99.9608 | 0.0392 |
| Result | Accepted | |
5. 5 |
||
| Description |
To approve the proposed payment of Directors' fees amounting to RM400,000 in respect of the financial year ending 31 December 2020, to be made payable quarterly. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 36 | 13 |
| No. of Shares | 276,174,639 | 409,150 |
| % of Voted Shares | 99.8521 | 0.1479 |
| Result | Accepted | |
6. 6 |
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| Description |
To approve the payment of Directors' benefits (other than Directors' fees) up to amount of RM400,000 for the period from 1 January 2020 until the conclusion of the next Annual General Meeting of the Company, to be made payable quarterly. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 35 | 14 |
| No. of Shares | 276,167,339 | 416,450 |
| % of Voted Shares | 99.8494 | 0.1506 |
| Result | Accepted | |
7. 7 |
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| Description |
To re-appoint PricewaterhouseCoppers PLT (LLP0014401-LCA & AF1146) as the Company's Auditors and to authorise the Board of Directors to determine their remuneration. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 46 | 5 |
| No. of Shares | 279,280,139 | 103,650 |
| % of Voted Shares | 99.9629 | 0.0371 |
| Result | Accepted | |
8. 8 |
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| Description |
Authority for Directors to issue and allot shares in the Company pursuant to Sections 75 and 76 of the Companies Act, 2016. |
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| Shareholder’s Action | For Voting | ||||||||||||||||||||||||
| Voted | For | Against | |||||||||||||||||||||||
| No. of Shareholders | 38 | 13 | |||||||||||||||||||||||
| No. of Shares | 278,962,139 | 421,650 | |||||||||||||||||||||||
| % of Voted Shares | 99.8491 | 0.1509 | |||||||||||||||||||||||
| Result | Accepted | ||||||||||||||||||||||||
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Please refer attachment below.
Announcement Info
| Company Name | REACH ENERGY BERHAD |
| Stock Name | REACH |
| Date Announced | 05 Aug 2020 |
| Category | General Meeting |
| Reference Number | GMA-05082020-00003 |
| Corporate Action ID | MY200805MEET0003 |
Attachments
- Reach_-_7th_AGM_Poll_Results_(final).pdf (Size: 68,288 bytes)