Newsroom
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 26 Jun 2025 |
| Time | 10:00 AM |
|
Venue(s) |
Grand Ballroom, 1st Floor, Sime Darby Convention Centre, |
| Outcome of Meeting |
The Board of Directors of MBSB Berhad ("MBSB" or "the Company") wishes to announce that all resolutions as set out in the Notice of the 55th Annual General Meeting ("AGM") dated 28 May 2025 were duly passed by the shareholders of MBSB at the AGM held today, 26 June 2025. The resolutions were voted by poll and results of the poll were validated by Coopers Professional Scrutineers Sdn Bhd, the independent scrutineer appointed by the Company. Please refer to the attachment for the poll result. This announcement is dated 26 June 2025. |
Voting Results |
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1. Ordinary Resolution 1 |
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| Description | To re-elect Encik Mohamed Abdul Halim bin Ahmad, who retires in accordance with Clause 100 of the Company's Constitution, and being eligible offer himself for re-election. | |
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 924 | 121 |
| No. of Shares | 5,967,170,215 | 3,158,284 |
| % of Voted Shares | 99.9471 | 0.0529 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
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| Description | To re-elect Encik Ho Kwong Hoong, who retires in accordance with Clause 90 of the Company's Constitution, and being eligible offer himself for re-election. | |
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 934 | 112 |
| No. of Shares | 5,968,074,771 | 2,237,928 |
| % of Voted Shares | 99.9625 | 0.0375 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
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| Description | To re-elect Encik Sazaliza bin Zainuddin, who retires in accordance with Clause 90 of the Company's Constitution, and being eligible offer himself for re-election. | |
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 898 | 153 |
| No. of Shares | 5,874,957,076 | 94,881,703 |
| % of Voted Shares | 98.4106 | 1.5894 |
| Result | Accepted | |
4. Ordinary Resolution 4 |
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| Description | To approve the payment of the following fees to the Directors for the period from the date of this AGM to the next AGM of the Company in 2026:- (i) Chairman's fee of RM300,000 per annum; (ii) Director's fee of RM150,000 per annum for each Director; (iii) Board Committee Chairman's fee of RM30,000 per annum for the Chairman of each Board Committee; and (iv) Board Committee Member's fee of RM20,000 per annum for each member of a Board Committee. | |
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 893 | 153 |
| No. of Shares | 5,967,572,194 | 2,779,607 |
| % of Voted Shares | 99.9534 | 0.0466 |
| Result | Accepted | |
5. Ordinary Resolution 5 |
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| Description | To approve the payment of allowances and benefits payable to the Directors of the Company up to an amount of RM1,200,000 for the period from the date of this AGM to the next AGM of the Company in 2026. | |
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 870 | 176 |
| No. of Shares | 5,967,299,115 | 3,052,686 |
| % of Voted Shares | 99.9489 | 0.0511 |
| Result | Accepted | |
6. Ordinary Resolution 6 |
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| Description | To reappoint Messrs. PricewaterhouseCoopers PLT as Auditors of the Company for the financial year ending 31 December 2025 and to authorise the Directors to determine their remuneration. | |
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 937 | 110 |
| No. of Shares | 5,969,433,280 | 926,934 |
| % of Voted Shares | 99.9845 | 0.0155 |
| Result | Accepted | |
Please refer attachment below.
| Company Name | MBSB BERHAD |
| Stock Name | MBSB |
| Date Announced | 26 Jun 2025 |
| Category | General Meeting |
| Reference Number | GMA-18062025-00005 |
| Corporate Action ID | MY250618MEET0004 |
Attachments
