| Type of Meeting | Annual General Meeting |
| Indicator | Outcome of Meeting |
| Date of Meeting | 11 Apr 2019 |
| Time | 10:00 AM |
| Venue |
Ballroom@mySpace1, Level 3, Malaysia International Trade and Exhibition Centre (MITEC), Kompleks MITEC, No. 8, Jalan Dutamas 2, 50480 Kuala Lumpur, 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 Annual General Meeting ("AGM") dated 13 March 2019 and tabled at the 59th AGM of the Company held today, 11 April 2019 were duly passed by the shareholders of the Company at the said AGM.
All the resolutions were voted by poll and the results of the poll were validated by Messrs. Deloitte Risk Advisory Sdn. Bhd., the independent scrutineers appointed by the Company.
Please refer to the attachment for the poll results.
This announcement is dated 11 April 2019.
|
| Resolution | Vote in favour | Vote Against | Results | ||
| No. of Shares | % | No. of Shares | % | ||
Ordinary Resolution 1 Payment of a final single-tier dividend of 32 sen per ordinary share in respect of the financial year ended 31 December 2018 |
8,944,245,841 | 99.991000 | 824,330 | 0.009000 | Carried |
Ordinary Resolution 2 Re-election of Datuk Abdul Farid Alias as Director of the Company |
8,924,261,507 | 99.796000 | 18,234,795 | 0.204000 | Carried |
Ordinary Resolution 3 Re-election of Datuk R. Karunakaran as Director of the Company |
8,910,379,685 | 99.612000 | 34,690,686 | 0.388000 | Carried |
Ordinary Resolution 4 Re-election of Mr Cheng Kee Check as Director of the Company |
8,708,887,962 | 97.651000 | 209,526,615 | 2.349000 | Carried |
Ordinary Resolution 5 Re-election of Puan Fauziah Hisham as Director of the Company |
8,929,295,260 | 99.824000 | 15,776,296 | 0.176000 | Carried |
Ordinary Resolution 6 Re-election of Encik Shariffuddin Khalid as Director of the Company |
8,929,598,196 | 99.827000 | 15,473,360 | 0.173000 | Carried |
Ordinary Resolution 7 Approval for the payment of Non-Executive Directors’ fees from the 59th AGM to the 60th 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. |
8,659,908,582 | 98.424000 | 138,662,247 | 1.576000 | Carried |
Ordinary Resolution 8 Approval for the payment of up to RM3,104,400 as benefits to eligible Non-Executive Directors from the 59th AGM to the 60th AGM of the Company |
8,779,318,354 | 99.793000 | 18,240,675 | 0.207000 | Carried |
Ordinary Resolution 9 Re-appointment of Messrs Ernst & Young as Auditors of the Company for the financial year ending 31 December 2019 and to authorise the Directors to fix their remuneration |
8,930,735,151 | 99.921000 | 7,039,853 | 0.079000 | Carried |
Ordinary Resolution 10 Authority for Directors to issue shares pursuant to Section 75 of the Companies Act 2016 |
3,488,275,184 | 96.079000 | 142,351,463 | 3.921000 | Carried |
Ordinary Resolution 11 Authority for the allotment and issuance of shares in relation to the Dividend Reinvestment Plan |
8,918,141,061 | 99.699000 | 26,919,953 | 0.301000 | Carried |
| Company Name | MALAYAN BANKING BERHAD |
| Stock Name | MAYBANK |
| Date Announced | 11 Apr 2019 |
| Category | General Meeting |
| Reference Number | GMA-10042019-00005 |