MALAYAN BANKING BERHAD
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 14 Apr 2022 |
| Time | 10:00 AM |
| Venue(s) | Broadcast Venue at Menara Maybank 100 Jalan Tun Perak 50050 Kuala Lumpur Malaysia Meeting Platform via https://meeting.boardroomlimited.my with Remote Participation and Electronic Voting facilities Malaysia |
| Outcome of Meeting |
The Board of Directors of Malayan Banking Berhad (the "Company") wishes to announce that all the resolutions set out in the Notice of the 62nd Annual General Meeting ("AGM") of the Company dated 16 March 2022 were duly passed by the shareholders of the Company at the 62nd AGM held on 14 April 2022.
The Audited Financial Statements of the Company for the financial year ended 31 December 2021 and the Reports of the Directors and Auditors thereon were received and duly tabled at the 62nd 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 results of the poll were validated by Messrs. Deloitte Business Advisory Sdn. Bhd., the independent scrutineers appointed by the Company.
Please refer to the attachment for the detailed poll results.
This announcement is dated 14 April 2022.
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Voting Results |
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1. Ordinary Resolution 1 |
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| Description | To re-elect Mr Cheng Kee Check as Director of the Company, who retires by rotation in accordance with Articles 103 and 104 of the Company's Constitution and being eligible, offers himself for re-election. | |
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 4,459 | 207 |
| No. of Shares | 9,441,269,611 | 101,215,400 |
| % of Voted Shares | 98.9393 | 1.0607 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
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| Description | To re-elect Puan Fauziah Hisham as Director of the Company, who retires by rotation in accordance with Articles 103 and 104 of the Company's Constitution and being eligible, offers herself for re-election. | |
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 4,415 | 234 |
| No. of Shares | 9,505,941,172 | 36,554,364 |
| % of Voted Shares | 99.6169 | 0.3831 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
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| Description | To re-elect Encik Shariffuddin Khalid as Director of the Company, who retires by rotation in accordance with Articles 103 and 104 of the Company's Constitution and being eligible, offers himself for re-election. | |
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 4,412 | 238 |
| No. of Shares | 9,536,467,390 | 6,032,114 |
| % of Voted Shares | 99.9368 | 0.0632 |
| Result | Accepted | |
4. Ordinary Resolution 4 |
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| Description | To re-elect Dr Hasnita Dato' Hashim as Director of the Company, who retires by rotation in accordance with Articles 103 and 104 of the Company's Constitution and being eligible, offers herself for re-election. | |
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 4,418 | 227 |
| No. of Shares | 9,522,839,747 | 19,650,344 |
| % of Voted Shares | 99.7941 | 0.2059 |
| Result | Accepted | |
5. Ordinary Resolution 5 |
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| Description | To re-elect Ms Shirley Goh as Director of the Company, who retires in accordance with Article 107 of the Company's Constitution and being eligible, offers herself for re-election. | |
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 4,517 | 139 |
| No. of Shares | 9,542,030,617 | 490,026 |
| % of Voted Shares | 99.9949 | 0.0051 |
| Result | Accepted | |
6. Ordinary Resolution 6 |
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| Description | To approve the payment of the following fees to Non-Executive Directors for the period from the 62nd AGM to the 63rd AGM of the Company: (i) Chairman's fee of RM610,000 per annum; (ii) Vice Chairman's fee of RM440,000 per annum; (iii) Director's fee of RM295,000 per annum for each Non-Executive Director; (iv) Board Committee Chairman's fee of RM75,000 per annum for the Chairman of each Board Committee; and (v) Board Committee Member's fee of RM45,000 per annum for each member of a Board Committee. | |
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 4,259 | 384 |
| No. of Shares | 9,540,134,867 | 1,992,249 |
| % of Voted Shares | 99.9791 | 0.0209 |
| Result | Accepted | |
7. Ordinary Resolution 7 |
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| Description | To approve the payment of benefits to eligible Non-Executive Directors of an amount up to RM3,418,150 for the period from the 62nd AGM to the 63rd AGM of the Company. | |
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 4,193 | 448 |
| No. of Shares | 9,536,159,598 | 5,942,676 |
| % of Voted Shares | 99.9377 | 0.0623 |
| Result | Accepted | |
8. Ordinary Resolution 8 |
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| Description | To re-appoint Messrs Ernst & Young PLT as Auditors of the Company for the financial year ending 31 December 2022 and to authorise the Directors to fix their remuneration. | |
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 4,453 | 206 |
| No. of Shares | 9,522,146,050 | 20,281,123 |
| % of Voted Shares | 99.7875 | 0.2125 |
| Result | Accepted | |
9. Ordinary Resolution 9 |
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| Description | Authority to Directors to allot shares pursuant to Section 75 of the Companies Act 2016 | |
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 4,333 | 314 |
| No. of Shares | 9,368,087,716 | 174,334,208 |
| % of Voted Shares | 98.1731 | 1.8269 |
| Result | Accepted | |
10. Ordinary Resolution 10 |
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| Description | Allotment and issuance of new ordinary shares in the Company ("Maybank Shares") in relation to the Recurrent and Optional Dividend Reinvestment Plan ("DRP") that allows the shareholders of the Company to reinvest their dividend to which the DRP applies, in new Maybank Shares. | |
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 4,415 | 235 |
| No. of Shares | 9,539,267,593 | 3,162,360 |
| % of Voted Shares | 99.9669 | 0.0331 |
| Result | Accepted | |
11. Special Resolution |
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| Description | Proposed Amendment to the Constitution of the Company | |
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 4,324 | 300 |
| No. of Shares | 9,365,346,115 | 68,470,862 |
| % of Voted Shares | 99.2742 | 0.7258 |
| Result | Accepted | |
Please refer attachment below.
| Company Name | MALAYAN BANKING BERHAD |
| Stock Name | MAYBANK |
| Date Announced | 14 Apr 2022 |
| Category | General Meeting |
| Reference Number | GMA-14042022-00016 |
| Corporate Action ID | MY220414MEET0016 |