The Board of Directors of KESM Industries Berhad (“the Company) is pleased to announce that the resolution as prescribed in the notice convening the Extraordinary General Meeting (“EGM”) of the Company dated 25 October 2019 were duly passed by way of poll at the EGM of the Company held at Connexion Conference & Event Centre, Spectrum and Prism (Level 3A), Nexus, Bangsar South, No. 7, Jalan Kerinchi, 59200 Kuala Lumpur, Malaysia on Wednesday, 8 January 2020.
The results of the poll which were validated by Mr Alex Wong, the representative from GovernAce Advisory & Solutions Sdn Bhd, the Independent Scrutineer appointed by the Company, are as set out below:-
| Description | To approve the 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 | 40 | 1 |
| No. of Shares | 5,544,202 | 2,000 |
| % of Voted Shares | 99.9639 | 0.0361 |
| Result | Accepted | |