General Meetings: Notice Of Meeting

Apr 03, 2023 Back
Type of Meeting General
Indicator Notice of Meeting
Description Notice of 63rd Annual General Meeting ("AGM")
Date of Meeting 03 May 2023
Time 10:00 AM
Venue(s)

Broadcast Venue at Menara Maybank
100 Jalan Tun Perak
50050 Kuala Lumpur
Malaysia

Virtual Meeting Platform via https://meeting.boardroomlimited.my
with Remote Participation and Electronic Voting facilities
Malaysia
Date of General Meeting Record of Depositors 25 Apr 2023

Resolutions

1. For Information
Description To receive 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.
Shareholder’s Action For Information Only

2. Ordinary Resolution 1
Description To re-elect Mr Edwin Gerungan as Director of the Company, who retires by rotation in accordance with Articles 104 and 105 of the Company's Constitution and being eligible, offers himself for re-election.
Shareholder’s Action For Voting

3. Ordinary Resolution 2
Description To re-elect Mr Anthony Brent Elam as Director of the Company, who retires by rotation in accordance with Articles 104 and 105 of the Company's Constitution and being eligible, offers himself for re-election.
Shareholder’s Action For Voting

4. Ordinary Resolution 3
Description To re-elect Dato' Zulkiflee Abbas Abdul Hamid as Director of the Company, who retires by rotation in accordance with Articles 104 and 105 of the Company's Constitution and being eligible, offers himself for re-election.
Shareholder’s Action For Voting

5. Ordinary Resolution 4
Description

To approve the payment of the following fees to Non-Executive Directors for the period from the 63rd AGM to the 64th 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

6. Ordinary Resolution 5
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 63rd AGM to the 64th AGM of the Company.
Shareholder’s Action For Voting

7. Ordinary 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

8. Ordinary Resolution 7
Description Authority to Directors to allot shares pursuant to Section 75 of the Companies Act 2016
Shareholder’s Action For Voting

9. Ordinary Resolution 8
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

Please refer attachment below.

Announcement Info

Company Name MALAYAN BANKING BERHAD
Stock Name MAYBANK
Date Announced 03 Apr 2023
Category General Meeting
Reference Number GMA-03042023-00004
Corporate Action ID MY230403MEET0004

Attachments

  1. 63rd_AGM-Notice_of_AGM-ProxyForm-Admin_Notes.pdf (Size: 1,454,958 bytes)