GENERAL MEETINGS: Outcome of Meeting

MALAYSIA MARINE AND HEAVY ENGINEERING HOLDINGS BERHAD

Type of Meeting General
Indicator Outcome of Meeting
Date of Meeting 13 Apr 2023
Time 11:00 AM

Venue(s) 
Broadcast Venue at Conference Room 2

Level 17, Menara Dayabumi

Jalan Sultan Hishamuddin

50050 Kuala Lumpur

Malaysia

Outcome of Meeting

The Board of Directors of Malaysia Marine and Heavy Engineering Holdings Berhad (“the Company”) wishes to announce that the 34th Annual General Meeting of the Company was held virtually via Remote Participation and Electronic Voting ("RPEV") (Meeting Platform: https://meeting.boardroomlimited.my) today, 13 April 2023 ("34th AGM") as set out in the Notice of Meeting dated 14 March 2023. 

The Audited Financial Statements 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 34th AGM under Agenda 1. 

Resolutions 1,2,3,4,5 and 6 were voted on a poll in accordance with Paragraph 8.29A of Bursa Malaysia Securities Berhad Main Market Listing Requirements via RPEV and passed by the shareholders at the Company's 34th AGM. The detailed poll results were verified and validated by the Boardroom Corporate Services Sdn Bhd, the Independent Scrutineers appointed by the Company. A copy of the verified results is attached for reference.

This announcement is dated 13 April 2023.

Voting Results

1. Resolution 1

Description 
To re-elect Captain Rajalingam Subramaniam who retires pursuant to Rule 21.7 of the Company's Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 1,070 63
No. of Shares 1,160,053,415 941,009
% of Voted Shares 99.9189 0.0811
Result Accepted

2. Resolution 2

Description 
To re-elect Raja Azlan Shah Raja Azwa who retires pursuant to Rule 21.7 of the Company's Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 1,082 51
No. of Shares 1,154,597,489 793,135
% of Voted Shares 99.9314 0.0686
Result Accepted

3. Resolution 3

Description 
To re-elect Wan Yusoff Wan Hamat who retires by rotation pursuant to Rule 21.8 of the Company's Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 1,072 60
No. of Shares 1,153,864,238 1,516,386
% of Voted Shares 99.8688 0.1312
Result Accepted

4. Resolution 4

Description 
To re-elect Keith Taylor who retires by rotation pursuant to Rule 21.8 of the Company's Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 1,078 56
No. of Shares 1,160,778,279 226,145
% of Voted Shares 99.9805 0.0195
Result Accepted

5. Resolution 5

Description 
To approve the payment of Non-Executive Directors' Remuneration up to an amount of RM1,960,000 for the period from 14 April 2023 until the conclusion of the next AGM of the Company to be held in 2024.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 1,000 129
No. of Shares 1,160,598,986 331,438
% of Voted Shares 99.9715 0.0285
Result Accepted

6. Resolution 6

Description 
To re-appoint Messrs Ernst & Young PLT, as Auditors of the Company, for the financial year ending 31 December 2023 and to authorise the Directors to fix their remuneration.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 1,072 60
No. of Shares 1,160,137,135 827,089
% of Voted Shares 99.9288 0.0712
Result Accepted





Announcement Info

Company Name MALAYSIA MARINE AND HEAVY ENGINEERING HOLDINGS BERHAD
Stock Name MHB
Date Announced 13 Apr 2023
Category General Meeting
Reference Number GMA-11042023-00003
Corporate Action ID MY230411MEET0003


Please refer attachment below.

  1. Polling Results.pdf