GENERAL MEETINGS: Outcome of Meeting
| SOUTHERN ACIDS (M) BERHAD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 28 Aug 2026 |
| Time | 11:00 AM |
| Venue(s) |
Ballroom 3, Level 1, Wyndham Acmar Klang Hotel, No. 1-G-1, Jalan Persiaran Bukit Raja 2/KU1, Bandar Baru Klang, 41150 Klang, Selangor Darul Ehsan, Malaysia |
| Outcome of Meeting |
Voting Results |
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1. Ordinary Resolution 1 |
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| Description |
To approve the payment of Single Tier Final Dividend of 5 sen per ordinary share in respect of the financial year ended 31 March 2026. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 127 | 3 |
| No. of Shares | 89,221,221 | 847,575 |
| % of Voted Shares | 99.0590 | 0.9410 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
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| Description |
To approve the payment of Directors' fees amounting to RM700,000 for the financial year ended 31 March 2026. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 124 | 5 |
| No. of Shares | 89,220,820 | 800,416 |
| % of Voted Shares | 99.1109 | 0.8891 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
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| Description |
To approve the payment of Directors' Benefits up to an amount of RM250,000 for the period from 29 August 2026 until the next AGM of the Company to be held in 2027. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 124 | 5 |
| No. of Shares | 89,220,820 | 800,416 |
| % of Voted Shares | 99.1109 | 0.8891 |
| Result | Accepted | |
4. Ordinary Resolution 4 |
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| Description |
To re-elect Mr. Chung Kin Mun who retires by rotation in accordance with Clause 113 of the Company's Constitution and, being eligible, has offered himself for re-election. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 122 | 7 |
| No. of Shares | 89,086,443 | 934,793 |
| % of Voted Shares | 98.9616 | 1.0384 |
| Result | Accepted | |
5. Ordinary Resolution 5 |
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| Description |
To re-appoint Deloitte Malaysia PLT (formerly known as Deloitte PLT) as Auditors to hold office until the conclusion of the next AGM at a remuneration to be fixed by the Directors. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 126 | 4 |
| No. of Shares | 89,268,480 | 800,316 |
| % of Voted Shares | 99.1114 | 0.8886 |
| Result | Accepted | |
6. Ordinary Resolution 6 |
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| Description |
To approve the authority to issue shares pursuant to sections 75 and 76 of the Companies Act, 2016 |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 125 | 4 |
| No. of Shares | 73,786,262 | 16,282,516 |
| % of Voted Shares | 81.9221 | 18.0779 |
| Result | Accepted | |
7. Ordinary Resolution 7 |
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| Description |
To approve the proposed renewal of authority for the Company to purchase its own shares of up to 10% of the total number of issued shares of the Company ("Proposed Renewal of Share Buy-Back Authority")
|
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 124 | 4 |
| No. of Shares | 89,220,902 | 800,316 |
| % of Voted Shares | 99.1110 | 0.8890 |
| Result | Accepted | |
8. Ordinary Resolution 8 |
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| Description |
To approve the 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 | 109 | 5 |
| No. of Shares | 20,868,597 | 800,416 |
| % of Voted Shares | 96.3062 | 3.6938 |
| Result | Accepted | |
Please refer attachment below.
Announcement Info
| Company Name | SOUTHERN ACIDS (M) BERHAD |
| Stock Name | SAB |
| Date Announced | 28 Aug 2026 |
| Category | General Meeting |
| Reference Number | GMA-28082026-00016 |
| Corporate Action ID | MY260828MEET0016 |