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Type of Meeting	General
Indicator	Outcome of Meeting
Date of Meeting	16 Jul 2020
Time	02:00 PM

Venue(s)

Broadcast Venue:
Masteel Meeting Room, Unit B-05-3A, 5th Floor, Block B (West Wing)
PJ8 Office Suite, No. 23, Jalan Barat
Seksyen 8, 46050 Petaling Jaya, Selangor Darul Ehsan
Malaysia

Outcome of Meeting

The Board of Directors of Malaysia Steel Works (KL) Berhad (“the Company”) is pleased to announce that all the resolutions set out in the Notice of Forty-Eighth Annual General Meeting (“48th AGM”) of the Company dated 16 June 2020 were duly passed by the shareholders at the 48th AGM of the Company held earlier today. All the resolutions were voted on 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 poll results are set out below. This announcement is dated 16 July 2020.

Voting Results

1. Ordinary Resolution 1
Description	To approve the Directors’ fees up to an aggregate amount of RM159,600.00 for the financial year ending 31 December 2020 and benefit payable to the Directors up to an aggregate amount of RM384,470.00 from 16 July 2020 until the next AGM of the Company and the payment thereof.
Shareholder’s Action	For Voting
Voted	For	Against
No. of Shareholders	84	17
No. of Shares	19,824,556	17,836
% of Voted Shares	99.9101	0.0899
Result	Accepted

2. Ordinary Resolution 2
Description	To re-elect Dato’ Ikhwan Salim Bin Dato’ Haji Sujak who is retiring pursuant to Clause 96 of the Constitution of the Company.
Shareholder’s Action	For Voting
Voted	For	Against
No. of Shareholders	88	15
No. of Shares	169,943,171	15,142
% of Voted Shares	99.9911	0.0089
Result	Accepted

3. Ordinary Resolution 3
Description	To re-elect Encik Muhammad Hanizam Bin Hj. Borhan who is retiring pursuant to Clause 96 of the Constitution of the Company.
Shareholder’s Action	For Voting
Voted	For	Against
No. of Shareholders	87	15
No. of Shares	169,922,171	15,142
% of Voted Shares	99.9911	0.0089
Result	Accepted

4. Ordinary Resolution 4
Description	To re-elect Mr Lau Yoke Leong who is retiring pursuant to Clause 96 of the Constitution of the Company.
Shareholder’s Action	For Voting
Voted	For	Against
No. of Shareholders	89	12
No. of Shares	169,897,998	15,090
% of Voted Shares	99.9911	0.0089
Result	Accepted

5. Ordinary Resolution 5
Description	To re-appoint Messrs RSM Malaysia as Auditors of the Company and to authorise the Directors to fix their remuneration.
Shareholder’s Action	For Voting
Voted	For	Against
No. of Shareholders	90	11
No. of Shares	169,898,878	14,210
% of Voted Shares	99.9916	0.0084
Result	Accepted

6. Ordinary Resolution 6
Description	Authority for Mr Ng Wah Lok to continue in office as Senior Independent Non-Executive Director.
Shareholder’s Action	For Voting
Voted	For	Against
No. of Shareholders	87	14
No. of Shares	169,898,446	14,642
% of Voted Shares	99.9914	0.0086
Result	Accepted

7. Ordinary Resolution 7
Description	Authority for Encik Muhammad Hanizam Bin Hj. Borhan to continue in office as Independent Non-Executive Director.
Shareholder’s Action	For Voting
Voted	For	Against
No. of Shareholders	83	14
No. of Shares	169,870,016	14,966
% of Voted Shares	99.9912	0.0088
Result	Accepted

8. Ordinary Resolution 8
Description	Proposed Renewal of Authority for the Company to Purchase its own Ordinary Shares.
Shareholder’s Action	For Voting
Voted	For	Against
No. of Shareholders	82	13
No. of Shares	169,885,085	14,494
% of Voted Shares	99.9915	0.0085
Result	Accepted

9. Special Resolution
Description	Proposed Renewal of Authority under Sections 75 and 76 of the Companies Act 2016 and the Constitution of the Company for the Directors to allot and issue shares.
Shareholder’s Action	For Voting
Voted	For	Against
No. of Shareholders	83	13
No. of Shares	169,891,485	14,494
% of Voted Shares	99.9915	0.0085
Result	Accepted