News

General Meetings: Outcome Of Meeting

Back May 18, 2023
Type of Meeting General
Indicator Outcome of Meeting
Date of Meeting 18 May 2023
Time 02:30 PM
Venue(s)

Broadcast Venue at Auditorium, 3A Floor, Menara Symphony,
No. 5, Jalan Prof. Khoo Kay Kim,
Seksyen 13, 46200 Petaling Jaya,
Selangor Darul Ehsan, Malaysia

Online Meeting Platform via Remote Participation and Electronic Voting
facilities at https://meeting.boardroomlimited.my
(Domain Registration No. with MYNIC - D6A357657)
Malaysia
Outcome of Meeting

The Board of Directors of Maxis Berhad ("Maxis" or "the Company") wishes to announce that all the resolutions set out in the Notice of Fourteenth Annual General Meeting ("14th AGM") dated 19 April 2023 and tabled at the 14th AGM of the Company held today, 18 May 2023 were duly passed.

The Audited Financial Statements of the Company and of the Group for the financial year ended 31 December 2022 together with the Reports of the Directors and Auditors thereon were received and duly tabled at the 14th AGM under Agenda 1.

Resolutions 1 to 18 were voted on a poll via the Remote Participation and Electronic Voting facilities (https://meeting.boardroomlimited.my (Domain Registration No. with MYNIC - D6A357657) ) in accordance with Paragraph 8.29A(1) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad. The 14th AGM was conducted on a virtual basis at the Broadcast Venue.

The results were validated by SKY Corporate Services Sdn. Bhd., the Independent Scrutineer appointed by Maxis. Please refer to the attachment for the full text of the resolutions and the poll results.

This announcement is dated 18 May 2023.

Voting Results

1. Ordinary Resolution 1
Description To re-elect Alvin Michael Hew Thai Kheam who retires pursuant to Rule 131.1 of the Constitution of the Company and, being eligible, has offered himself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 1,375 606
No. of Shares 5,062,472,565 2,231,694,464
% of Voted Shares 69.4044 30.5956
Result Accepted

2. Ordinary Resolution 2
Description To re-elect Dato' Hamidah binti Naziadin who retires pursuant to Rule 131.1 of the Constitution of the Company and, being eligible, has offered herself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 1,348 618
No. of Shares 5,058,019,761 2,231,944,662
% of Voted Shares 69.3833 30.6167
Result Accepted

3. Ordinary Resolution 3
Description To re-elect Lim Ghee Keong who retires pursuant to Rule 131.1 of the Constitution of the Company and, being eligible, has offered himself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 1,604 382
No. of Shares 7,084,198,725 211,270,300
% of Voted Shares 97.1041 2.8959
Result Accepted

4. Ordinary Resolution 4
Description To approve the payment of Directors' fees and benefits to the Non-Executive Directors of the Company from the conclusion of this Annual General Meeting up till the conclusion of the next Annual General Meeting of the Company to be held in 2024.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 1,732 235
No. of Shares 7,294,957,635 407,392
% of Voted Shares 99.9944 0.0056
Result Accepted

5. Ordinary Resolution 5
Description To approve the payment of Directors' fees and benefits to the Non-Executive Directors of Maxis Collections Sdn. Bhd., a wholly owned subsidiary of Maxis Berhad, from the conclusion of this Annual General Meeting up till the conclusion of the next Annual General Meeting of the Company to be held in 2024.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 1,724 243
No. of Shares 7,294,957,946 407,081
% of Voted Shares 99.9944 0.0056
Result Accepted

6. Ordinary Resolution 6
Description To re-appoint PricewaterhouseCoopers PLT (LLP0014401-LCA & AF 1146) ("PwC") as Auditors of the Company to hold office from the conclusion of this meeting until the conclusion of the next Annual General Meeting, and to authorise the Directors to fix their remuneration.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 1,315 659
No. of Shares 6,048,174,775 1,247,293,454
% of Voted Shares 82.9032 17.0968
Result Accepted

7. Ordinary Resolution 7
Description To approve Alvin Michael Hew Thai Kheam to continue to act as Independent Director of the Company from 30 August 2023 to 29 August 2024.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 1,453 526
No. of Shares 5,153,384,204 2,140,772,825
% of Voted Shares 70.6509 29.3491
Result Accepted

8. Ordinary Resolution 8
Description To approve Dato' Hamidah binti Naziadin to continue to act as Independent Director of the Company from 18 May 2023 to 17 May 2024.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 1,436 533
No. of Shares 5,149,662,917 2,140,321,645
% of Voted Shares 70.6402 29.3598
Result Accepted

9. Ordinary Resolution 9
Description Renewal of the authority to allot and issue shares pursuant to Sections 75 and 76 of the Companies Act 2016 ("CA 2016") and waiver of pre-emptive rights to new shares under Section 85(1) of the CA 2016 read together with Rule 76.1 of the Constitution of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 1,725 245
No. of Shares 5,495,312,001 1,800,153,828
% of Voted Shares 75.3250 24.6750
Result Accepted

10. Ordinary Resolution 10
Description To obtain shareholders' mandate for the Company and/or its subsidiaries to enter into recurrent related party transactions ("RRPTs") of a revenue or trading nature with Astro Malaysia Holdings Berhad and/or its affiliates.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 1,811 158
No. of Shares 2,420,344,689 117,537
% of Voted Shares 99.9951 0.0049
Result Accepted

11. Ordinary Resolution 11
Description To obtain shareholders' mandate for the Company and/or its subsidiaries to enter into recurrent related party transactions ("RRPTs") of a revenue or trading nature with Usaha Tegas Sdn. Bhd. and/or its affiliates.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 1,800 170
No. of Shares 2,420,334,402 127,827
% of Voted Shares 99.9947 0.0053
Result Accepted

12. Ordinary Resolution 12
Description To obtain shareholders' mandate for the Company and/or its subsidiaries to enter into recurrent related party transactions ("RRPTs") of a revenue or trading nature with MEASAT Global Berhad and/or its affiliates.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 1,814 155
No. of Shares 2,420,345,592 115,637
% of Voted Shares 99.9952 0.0048
Result Accepted

13. Ordinary Resolution 13
Description To obtain shareholders' mandate for the Company and/or its subsidiaries to enter into recurrent related party transactions ("RRPTs") of a revenue or trading nature with Maxis Communications Berhad and/or its affiliates.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 1,807 160
No. of Shares 2,420,344,326 115,503
% of Voted Shares 99.9952 0.0048
Result Accepted

14. Ordinary Resolution 14
Description To obtain shareholders' mandate for the Company and/or its subsidiaries to enter into recurrent related party transactions ("RRPTs") of a revenue or trading nature with Saudi Telecom Company and/or its affiliates.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 1,801 168
No. of Shares 2,420,336,668 125,061
% of Voted Shares 99.9948 0.0052
Result Accepted

15. Ordinary Resolution 15
Description To obtain shareholders' mandate for the Company and/or its subsidiaries to enter into recurrent related party transactions ("RRPTs") of a revenue or trading nature with SRG Asia Pacific Sdn. Bhd.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 1,799 171
No. of Shares 2,420,332,069 130,160
% of Voted Shares 99.9946 0.0054
Result Accepted

16. Ordinary Resolution 16
Description To obtain shareholders' mandate for the Company and/or its subsidiaries to enter into recurrent related party transactions ("RRPTs") of a revenue or trading nature with Malaysian Landed Property Sdn. Bhd. and/or its affiliates.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 1,800 170
No. of Shares 2,420,328,969 128,260
% of Voted Shares 99.9947 0.0053
Result Accepted

17. Ordinary Resolution 17
Description To obtain shareholders' mandate for the Company and/or its subsidiaries to enter into recurrent related party transactions ("RRPTs") of a revenue or trading nature with ZenREIT Sdn. Bhd.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 1,799 173
No. of Shares 7,295,335,159 129,470
% of Voted Shares 99.9982 0.0018
Result Accepted

18. Ordinary Resolution 18
Description Proposed Establishment of a Long Term Incentive Plan for the eligible employees of Maxis Berhad and its subsidiaries ("Proposed LTIP") and waiver of pre-emptive rights to new shares under Section 85(1) of the Companies Act 2016 ("CA 2016") read together with Rule 76.1 of the Constitution of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 1,304 674
No. of Shares 6,920,582,938 374,886,035
% of Voted Shares 94.8614 5.1386
Result Accepted

 

Please refer attachment below.

Announcement Info

Company Name MAXIS BERHAD
Stock Name MAXIS
Date Announced 18 May 2023
Category General Meeting
Reference Number GMA-15052023-00002
Corporate Action ID MY230515MEET0002

Attachments

  1. Results_to_AGM_Outcome_-_18_May_2023.pdf (Size: 831,331 bytes)