GENERAL MEETINGS: Outcome of Meeting

MISC BERHAD

Type of Meeting General
Indicator Outcome of Meeting
Date of Meeting 18 Apr 2023
Time 10:00 AM

Venue(s)
Broadcast Venue at Conference Room 2

Level 17, Menara Dayabumi

Jalan Sultan Hishamuddin

50050 Kuala Lumpur

Malaysia

Meeting Platform via https://meeting.boardroomlimited.my

with Remote Participation and Electronic Voting (RPEV) facilities

Malaysia

Outcome of Meeting

The Board of Directors of MISC Berhad ("the Company”) wishes to announce that all the resolutions set out in the Notice of the 54th Annual General Meeting (“AGM”) of the Company dated 17 March 2023 were duly passed by the shareholders of the Company at the 54th AGM held on 18 April 2023.

The Audited Financial Statements of the Company for the financial year ended 31 December 2022 together with the Reports of the Directors and Auditors thereon were received and duly tabled at the 54th AGM under Agenda 1.

All the resolutions were voted by poll in accordance with Paragraph 8.29A of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad. The poll results were verified by the appointed Independent Scrutineers, SKY Corporate Services Sdn. Bhd. as per the attachment and are set out below.

This announcement is dated 18 April 2023.


Voting Results


1. Ordinary Resolution 1

Description
To re-elect Captain Rajalingam Subramaniam as Director, who retires pursuant to Rule 21.7 of the Company's Constitution and, being eligible, offers himself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 1,810 99
No. of Shares 3,679,515,593 51,879
% of Voted Shares 99.9986 0.0014
Result Accepted

2. Ordinary Resolution 2

Description
To re-elect Wan Shamilah Wan Muhammad Saidi as Director, who retires pursuant to Rule 21.7 of the Company's Constitution and, being eligible, offers herself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 1,766 144
No. of Shares 3,662,850,881 16,716,587
% of Voted Shares 99.5457 0.4543
Result Accepted

3. Ordinary Resolution 3

Description
To re-elect Datin Norazah Mohamed Razali as Director, who retires by rotation pursuant to Rule 21.8 of the Company's Constitution and, being eligible, offers herself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 1,766 149
No. of Shares 3,621,844,781 57,716,689
% of Voted Shares 98.4314 1.5686
Result Accepted

4. Ordinary Resolution 4

Description
To re-elect Mohammad Suhaimi Mohd Yasin as Director, who retires by rotation pursuant to Rule 21.8 of the Company's Constitution and, being eligible, offers himself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 1,812 95
No. of Shares 3,679,280,568 286,902
% of Voted Shares 99.9922 0.0078
Result Accepted

5. Ordinary Resolution 5

Description
To re-elect Liza Mustapha as Director, who retires by rotation pursuant to Rule 21.8 of the Company's Constitution and, being eligible, offers herself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 1,816 91
No. of Shares 3,679,501,072 66,398
% of Voted Shares 99.9982 0.0018
Result Accepted

6. Ordinary Resolution 6

Description
To approve the payment of Directors fees (inclusive of benefits-in-kind) up to an amount of RM2,870,000.00 from 19 April 2023 until the conclusion of the next Annual General Meeting of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 1,723 183
No. of Shares 3,636,273,733 43,279,138
% of Voted Shares 98.8238 1.1762
Result Accepted

7. Ordinary Resolution 7

Description
To re-appoint Ernst & Young PLT as Auditors of the Company for the ensuing year and to authorise the Directors to fix their remuneration.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 1,793 124
No. of Shares 3,658,225,669 21,344,303
% of Voted Shares 99.4199 0.5801
Result Accepted

8. Ordinary Resolution 8

Description
Proposed renewal of authority for MISC to purchase its own shares of up to 10% of its prevailing total number of issued shares at any time (Proposed Share Buy-Back Renewal).
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 1,782 130
No. of Shares 3,669,860,668 9,692,304
% of Voted Shares 99.7366 0.2634
Result Accepted






Announcement Info

Company Name MISC BERHAD
Stock Name MISC
Date Announced 18 Apr 2023
Category General Meeting
Reference Number GMA-17042023-00016
Corporate Action ID MY230417MEET0016


Please refer attachment below.

  1. MISC 54th AGM Poll Result - Verified.pdf