The Board of Directors of CJ Century Logistics Holdings Berhad ("the Company") wishes to announce that all resolutions as set out in the Notice of the Twenty-Fourth Annual General Meeting ("24th AGM") of the Company dated 30 March 2021 were passed by the shareholders of the Company at the 24th AGM held today. All the resolutions tabled were voted by poll and the results of the poll were validated by Commercial Quest Sdn. Bhd., the independent scrutineer appointed by the Company.
This announcement is dated 22 April 2021.
Voting Results
1. Ordinary Resolution 1
Description
To approve the payment of Directors' fees for the Independent Non Executive Directors of the Company amounting to RM288,000 to be paid on a quarterly basis for the financial year ending 31 December 2021 and thereafter.
Shareholder’s Action
For Voting
Voted
For
Against
No. of Shareholders
52
12
No. of Shares
374,388,566
763,994
% of Voted Shares
99.7964
0.2036
Result
Accepted
2. Ordinary Resolution 2
Description
To approve the payment of benefits to the Independent Non-Executive Directors up to RM18,000 from 23 April 2021 until the date of the next AGM of the Company.
Shareholder’s Action
For Voting
Voted
For
Against
No. of Shareholders
53
12
No. of Shares
374,993,553
169,007
% of Voted Shares
99.9550
0.0450
Result
Accepted
3. Ordinary Resolution 3
Description
To re-elect Jonathan Park as a Director of the Company in accordance with Clause 118 of the Companys Constitution.
Shareholder’s Action
For Voting
Voted
For
Against
No. of Shareholders
60
5
No. of Shares
375,126,992
35,568
% of Voted Shares
99.9905
0.0095
Result
Accepted
4. Ordinary Resolution 4
Description
To re-elect Winston Tan Kheng Huang as a Director of the Company in accordance with Clause 119 of the Companys Constitution.
Shareholder’s Action
For Voting
Voted
For
Against
No. of Shareholders
59
6
No. of Shares
375,126,987
35,573
% of Voted Shares
99.9905
0.0095
Result
Accepted
5. Ordinary Resolution 5
Description
To re-elect Lee Eui Sung as a Director of the Company in accordance with Clause 119 of the Companys Constitution.
Shareholder’s Action
For Voting
Voted
For
Against
No. of Shareholders
60
5
No. of Shares
375,126,992
35,568
% of Voted Shares
99.9905
0.0095
Result
Accepted
6. Ordinary Resolution 6
Description
To re-elect Hong Sung Yong as a Director of the Company in accordance with Clause 119 of the Companys Constitution.
Shareholder’s Action
For Voting
Voted
For
Against
No. of Shareholders
59
6
No. of Shares
375,126,987
35,573
% of Voted Shares
99.9905
0.0095
Result
Accepted
7. Ordinary Resolution 7
Description
To re-appoint Messrs. Ernst & Young PLT as Auditors of the Company until the conclusion of the next AGM of the Company and to authorise the Directors to fix their remuneration.
Shareholder’s Action
For Voting
Voted
For
Against
No. of Shareholders
58
7
No. of Shares
375,126,979
35,581
% of Voted Shares
99.9905
0.0095
Result
Accepted
8. Ordinary Resolution 8
Description
Proposed Renewal of Existing Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature.
Shareholder’s Action
For Voting
Voted
For
Against
No. of Shareholders
54
10
No. of Shares
54,014,467
603,857
% of Voted Shares
98.8944
1.1056
Result
Accepted
9. Ordinary Resolution 9
Description
Proposed New Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature.
Shareholder’s Action
For Voting
Voted
For
Against
No. of Shareholders
53
11
No. of Shares
54,014,462
603,862
% of Voted Shares
98.8944
1.1056
Result
Accepted
10. Ordinary Resolution 10
Description
Proposed Renewal of Share Buy-Back Authority.
Shareholder’s Action
For Voting
Voted
For
Against
No. of Shareholders
57
8
No. of Shares
374,589,635
572,925
% of Voted Shares
99.8473
0.1527
Result
Accepted
11. Ordinary Resolution 11
Description
Authority to Issue Shares pursuant to the Companies Act 2016.
