GENERAL MEETINGS: Outcome of Meeting
| LYSAGHT GALVANIZED STEEL BERHAD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 12 Jun 2025 |
| Time | 10:00 AM |
| Venue(s) |
Lavender Hall, Level 3, Kinta Riverfront Hotel & Suites Kinta Riverfront, Jalan Lim Bo Seng 30000 Ipoh Perak Darul Ridzuan Malaysia |
| Outcome of Meeting | The Board of Directors of Lysaght Galvanized Steel Berhad is pleased to announce that all resolutions as set out in the Notice of the Forty-Sixth Annual General Meeting ("46th AGM") of the Company dated 30 April 2025 were duly passed by the shareholders of the Company at the 46th AGM held today.
All the resolutions were voted by poll and the results of the poll were validated by Commercial Quest Sdn. Bhd., the independent scrutineer appointed by the Company.
Details of the results of the poll are set out below.
This announcement is dated 12 June 2025. |
Voting Results |
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1. Ordinary Resolution 1 |
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| Description |
To declare a final single tier dividend of 7 sen per ordinary share for the financial year ended 31 December 2024. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 36 | 0 |
| No. of Shares | 31,752,401 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
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| Description |
To approve the payment of Directors' Fees for an amount of up to RM700,000/- for the financial year ending 31 December 2025 to the Non-Executive Directors. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 30 | 6 |
| No. of Shares | 23,878,701 | 7,873,700 |
| % of Voted Shares | 75.2028 | 24.7972 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
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| Description |
To approve the payment of the meeting allowances for an amount of up to RM170,000/- for the financial year ending 31 December 2025 to the Non-Executive Directors. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 30 | 6 |
| No. of Shares | 23,878,701 | 7,873,700 |
| % of Voted Shares | 75.2028 | 24.7972 |
| Result | Accepted | |
4. Ordinary Resolution 4 |
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| Description |
To re-elect Madam Chew Meu Jong who retires pursuant to Article 23.4 of the Company's Constitution and who has offered herself for re-election. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 30 | 1 |
| No. of Shares | 23,878,701 | 100 |
| % of Voted Shares | 99.9996 | 0.0004 |
| Result | Accepted | |
5. Ordinary Resolution 5 |
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| Description |
To re-elect Mr Cheam Low Soo who retires pursuant to Article 23.4 of the Company's Constitution and who has offered himself for re-election. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 30 | 6 |
| No. of Shares | 23,878,701 | 7,873,700 |
| % of Voted Shares | 75.2028 | 24.7972 |
| Result | Accepted | |
6. Ordinary Resolution 6 |
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| Description |
To re-appoint KPMG PLT as Auditors of the Company for the financial year ending 31 December 2025 at such remuneration to be determined by the Directors. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 36 | 0 |
| No. of Shares | 31,752,401 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
7. Ordinary Resolution 7 |
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| Description |
Proposed Renewal of Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 28 | 1 |
| No. of Shares | 921,501 | 100 |
| % of Voted Shares | 99.9891 | 0.0109 |
| Result | Accepted | |
Announcement Info
| Company Name | LYSAGHT GALVANIZED STEEL BERHAD |
| Stock Name | LYSAGHT |
| Date Announced | 12 Jun 2025 |
| Category | General Meeting |
| Reference Number | GMA-12062025-00009 |
| Corporate Action ID | MY250612MEET0009 |