GENERAL MEETINGS: Outcome of Meeting
| GADANG HOLDINGS BHD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 08 Nov 2023 |
| Time | 10:00 AM |
| Venue(s) |
Online Meeting Platform via TIIH Online website at https://tiih.online provided by Tricor Investor & Issuing House Services Sdn Bhd Malaysia |
| Outcome of Meeting | Gadang Holdings Berhad ("the Company") is pleased to announce that all the ordinary resolutions as set out in the Notice of 30th Annual General Meeting ("AGM") of the Company dated 26 September 2023 were duly passed by way of remote poll voting at the 30th AGM held on 8 November 2023.
The results of the poll were duly verified by Coopers Professional Scrutineers Sdn Bhd, the Independent Scrutineer appointed by the Company. The details of the poll results are set out below.
This announcement is dated 8 November 2023. |
Voting Results |
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1. Ordinary Resolution 1 |
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| Description |
To approve the payment of Directors' Fees of RM370,000 for the financial year ending 31 May 2024, to be made payable quarterly. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 154 | 54 |
| No. of Shares | 207,170,993 | 163,864 |
| % of Voted Shares | 99.9210 | 0.0790 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
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| Description |
To approve the payment of benefits payable to the Non-Executive Directors of the Company up to an amount of RM150,000 from 9 November 2023 until the next Annual General Meeting of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 149 | 59 |
| No. of Shares | 207,158,716 | 176,141 |
| % of Voted Shares | 99.9150 | 0.0850 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
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| Description |
To re-elect Tan Sri Dato Kok Onn who retires by rotation pursuant to Clause 108 of the Company's Constitution and being eligible, has offered himself for re-election. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 172 | 35 |
| No. of Shares | 14,641,205 | 86,199 |
| % of Voted Shares | 99.4147 | 0.5853 |
| Result | Accepted | |
4. Ordinary Resolution 4 |
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| Description |
To re-elect Mr Huang Shi Chin who retires by rotation pursuant to Clause 108 of the Company's Constitution and being eligible, has offered herself for re-election. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 172 | 37 |
| No. of Shares | 207,255,658 | 92,199 |
| % of Voted Shares | 99.9555 | 0.0445 |
| Result | Accepted | |
5. Ordinary Resolution 5 |
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| Description |
To re-appoint Crowe Malaysia PLT as Auditors of the Company for the financial year ending 31 May 2024 and to authorise the Directors to fix their remuneration. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 180 | 29 |
| No. of Shares | 206,899,895 | 639,762 |
| % of Voted Shares | 99.6917 | 0.3083 |
| Result | Accepted | |
6. Ordinary Resolution 6 |
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| Description |
To grant the Directors the authority to issue shares pursuant to Sections 75 and 76 of the Companies Act, 2016. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 165 | 45 |
| No. of Shares | 207,284,013 | 260,644 |
| % of Voted Shares | 99.8744 | 0.1256 |
| Result | Accepted | |
7. Ordinary Resolution 7 |
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| Description |
To approve the proposed renewal of shareholders' mandate for recurrent related party transactions of a revenue or trading nature. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 162 | 40 |
| No. of Shares | 12,696,087 | 122,817 |
| % of Voted Shares | 99.0419 | 0.9581 |
| Result | Accepted | |
Please refer attachment below.
Announcement Info
| Company Name | GADANG HOLDINGS BHD |
| Stock Name | GADANG |
| Date Announced | 08 Nov 2023 |
| Category | General Meeting |
| Reference Number | GMA-02112023-00006 |
| Corporate Action ID | MY231102MEET0005 |