We wish to announce that all resolutions set out in the Notice of the 58th Annual General Meeting of Southern Steel Berhad ("the Company") held on 23 November 2020 were duly passed by way of a poll. The results of the poll were duly verified by Boardroom Corporate Services Sdn Bhd, the Independent Scrutineer appointed by the Company.
This announcement is dated 23 November 2020.
To approve the payment of Director Fees of RM500,000/- (2019: RM650,000/-) for the financial year ended 30 June 2020 to be divided amongst the Directors in such manner as the Directors may determine and Directors' Other Benefits of up to an amount of RM43,000/- from the Fifty-eighth Annual General Meeting ("AGM") to the Fifty-ninth AGM of the Company.
For Voting
For
Against
45
3
494,148,611
32,319
99.9935
0.0065
Accepted
2. Ordinary Resolution 2
Description
Sh h ld ' A ti
To re-appoint KPMG PLT as Auditors of the Company and to authorise the Directors to fix their remuneration.
For Voting
Shareholder's Action
Voted
No. of Shareholders
No. of Shares
of Voted Shares Result
3. Ordinary Resolution 3
Description
Shareholder's Action Voted
No. of Shareholders No. of Shares
of Voted Shares Result
4. Ordinary Resolution 4
Description
Shareholder's Action
Voted
No. of Shareholders
No. of Shares
of Voted Shares Result
5. Ordinary Resolution 5
Description
Shareholder's Action Voted
No. of Shareholders No. of Shares
of Voted Shares Result
For Voting
For
Against
49
0
494,182,930
0
100.0000
0.0000
Accepted
To approve the re-election of Mr Ang Kong Hua as a Director and his continuation in office as an Independent Non-Executive Director
For Voting
For
Against
46
2
494,144,130
34,800
99.9930
0.0070
Accepted
To approve the Authority To Directors To Allot Shares
For Voting
For
Against
49
0
494,182,930
0
100.0000
0.0000
Accepted
To approve the Proposed Renewal Of Shareholders' Mandate For Recurrent Related Party Transactions Of A Revenue Or Trading Nature With Hong Leong Company (Malaysia) Berhad ("HLCM") And Persons Connected With HLCM
For Voting
For
Against
46
0
76,946,284
0
100.0000
0.0000
Accepted
6. Ordinary Resolution 6
Description
Shareholder's Action Voted
No. of Shareholders No. of Shares
of Voted Shares Result
7. Ordinary Resolution 7
Description
Shareholder's Action Voted
No. of Shareholders No. of Shares
of Voted Shares Result
8. Ordinary Resolution 8
Description
Shareholder's Action Voted
No. of Shareholders No. of Shares
of Voted Shares Result
To approve the Proposed Renewal Of Shareholders' Mandate For Recurrent Related Party Transactions Of A Revenue Or Trading Nature With Su Hock Company Sdn Berhad And Its Subsidiary
For Voting
For
Against
39
0
427,743,512
0
100.0000
0.0000
Accepted
To approve the Proposed Renewal Of Shareholders' Mandate For Recurrent Related Party Transactions Of A Revenue Or Trading Nature With Hong Bee Hardware Company, Sdn Berhad And Its Subsidiary
For Voting
For
Against
45
0
485,570,192
0
100.0000
0.0000
Accepted
To approve the Proposed Renewal Of Shareholders' Mandate For Recurrent Related Party Transactions Of A Revenue Or Trading Nature With Hong Leong Investment Holdings Pte. Ltd. ("HLIH") And Persons Connected With HLIH
For Voting
For
Against
49
0
494,182,930
0
100.0000
0.0000
Accepted
Announcement Info
Company Name
SOUTHERN STEEL BERHAD
Stock Name
SSTEEL
Date Announced
23 Nov 2020
Category
General Meeting
Reference Number
GMA-23112020-00009
Corporate Action ID
MY201123MEET0006
This is an excerpt of the original content. To continue reading it, access the original document here.
Attachments
Original document
Permalink
Disclaimer
Southern Steel Bhd published this content on 23 November 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 November 2020 13:20:06 UTC
Southern Steel Berhad is a Malaysia-based investment holding company. The Company is engaged in the manufacturing, selling and trading of steel bars and related products. The Company's segments include Steel products, and Investment holding and others. The Steel products segment is engaged in the manufacturing, selling and trading of billets, steel bars, wire rods, wire mesh, pre-stressed concrete strands, bars and wires, steel pipes, steel wires and other related products. The Company's prestressed concrete steel products (PC Wire and PC Strand) are used in the pre-stressed and post-tensioned concrete structure such as elevated highways, bridges, PT slabs and also in the precast concrete products such as precast beams, slabs and walls, concrete spun piles/poles, and concrete railway sleepers, among others. The Company also has steel service centers, which provide cutting, bending and forming the steel bar according to the specific requirement for construction purposes.
SOUTHERN STEEL 
