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General Meetings: Outcome Of Meeting

Back May 15, 2025
Type of Meeting General
Indicator Outcome of Meeting
Date of Meeting 15 May 2025
Time 02:30 PM
Venue(s) Nexus, Connexion Conference & Event Centre
Grand Nexus Ballroom (Level 3A)
Bangsar South City, No. 7, Jalan Kerinchi
59200 Kuala Lumpur
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 Sixteenth Annual General Meeting ("16th AGM") dated 16 April 2025 and tabled at the 16th AGM of the Company held today, 15 May 2025 were duly passed. The Audited Financial Statements of the Company and of the Group for the financial year ended 31 December 2024 together with the Reports of the Directors and Auditors thereon were received and duly tabled at the 16th AGM under Agenda 1. Ordinary Resolutions 1 to 17 were voted on a poll by way of electronic voting in accordance with Paragraph 8.29A(1) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad. The 16th AGM was held in person at the Venue. The results for the 16th AGM 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 of the 16th AGM. This announcement is dated 15 May 2025.

Voting Results

1. Resolution 1
Description To re-elect Datuk Johan bin Idris who retires pursuant to Rule 116 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 921 51
No. of Shares 6,626,175,731 827,417,802
% of Voted Shares 88.8991 11.1009
Result Accepted

2. Resolution 2
Description To re-elect Uthaya Kumar A/L K Vivekananda 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 847 134
No. of Shares 7,406,881,700 46,703,933
% of Voted Shares 99.3734 0.6266
Result Accepted

3. Resolution 3
Description To re-elect Ooi Huey Tyng 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 879 102
No. of Shares 7,424,846,302 28,739,531
% of Voted Shares 99.6144 0.3856
Result Accepted

4. Resolution 4
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 780 206
No. of Shares 7,361,224,302 92,052,831
% of Voted Shares 98.7649 1.2351
Result Accepted

5. Resolution 5
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 until the conclusion of the next Annual General Meeting of the Company to be held in 2026.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 913 55
No. of Shares 7,453,199,865 384,941
% of Voted Shares 99.9948 0.0052
Result Accepted

6. Resolution 6
Description To re-appoint PricewaterhouseCoopers PLT (LLP0014401-LCA & AF 1146) as Auditors of the Company to hold office from the conclusion of this Annual General 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 844 136
No. of Shares 7,400,107,914 53,484,619
% of Voted Shares 99.2824 0.7176
Result Accepted

7. Resolution 7
Description To approve Dato' Hamidah binti Naziadin to continue to act as an Independent Director of the Company from 18 May 2025 until 31 January 2026.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 775 188
No. of Shares 5,327,391,105 2,119,803,028
% of Voted Shares 71.5355 28.4645
Result Accepted

8. Resolution 8
Description Renewal of the authority to allot and issue shares pursuant to Sections 75 and 76 of the Companies Act 2016.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 883 87
No. of Shares 5,580,350,135 1,873,241,398
% of Voted Shares 74.8679 25.1321
Result Accepted

9. Resolution 9
Description To obtain shareholders' mandate for the Company and/or its subsidiaries to enter recurrent related party transactions 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 914 49
No. of Shares 1,751,536,704 26,954
% of Voted Shares 99.9985 0.0015
Result Accepted

10. Resolution 10
Description To obtain shareholders' mandate for the Company and/or its subsidiaries to enter recurrent related party transactions 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 922 47
No. of Shares 2,578,567,080 25,453
% of Voted Shares 99.9990 0.0010
Result Accepted

11. Resolution 11
Description To obtain shareholders' mandate for the Company and/or its subsidiaries to enter recurrent related party transactions 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 925 43
No. of Shares 2,578,569,880 21,653
% of Voted Shares 99.9992 0.0008
Result Accepted

12. Resolution 12
Description To obtain shareholders' mandate for the Company and/or its subsidiaries to enter recurrent related party transactions 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 926 43
No. of Shares 2,578,570,980 21,553
% of Voted Shares 99.9992 0.0008
Result Accepted

13. Resolution 13
Description To obtain shareholders' mandate for the Company and/or its subsidiaries to enter recurrent related party transactions 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 925 43
No. of Shares 2,578,567,280 24,253
% of Voted Shares 99.9991 0.0009
Result Accepted

14. Resolution 14
Description To obtain shareholders' mandate for the Company and/or its subsidiaries to enter recurrent related party transactions of a revenue or trading nature with SRG Asia Pacific Sdn. Bhd.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 921 45
No. of Shares 2,578,565,880 24,653
% of Voted Shares 99.9990 0.0010
Result Accepted

15. Resolution 15
Description To obtain shareholders' mandate for the Company and/or its subsidiaries to enter recurrent related party transactions 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 924 45
No. of Shares 2,578,567,980 24,553
% of Voted Shares 99.9990 0.0010
Result Accepted

16. Resolution 16
Description To obtain shareholders' mandate for the Company and/or its subsidiaries to enter recurrent related party transactions of a revenue or trading nature with ZenREIT Sdn. Bhd.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 924 45
No. of Shares 7,453,562,080 29,453
% of Voted Shares 99.9996 0.0004
Result Accepted

17. Resolution 17
Description To obtain shareholders' mandate for the Company and/or its subsidiaries to enter recurrent related party transactions of a revenue or trading nature with Bumi Armada Automation International Sdn. Bhd.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 913 48
No. of Shares 1,751,532,505 29,153
% of Voted Shares 99.9983 0.0017
Result Accepted

 

Please refer attachment below.

Announcement Info

Company Name MAXIS BERHAD
Stock Name MAXIS
Date Announced 15 May 2025
Category General Meeting
Reference Number GMA-22042025-00028
Corporate Action ID MY250422MEET0027

Attachments

  1. Outcome_of_16th_AGM.pdf (Size: 1,273,925 bytes)