IDEAL

3.400

(%)

GENERAL MEETINGS: Outcome of Meeting

IDEAL CAPITAL BERHAD

Type of Meeting	General
Indicator	Outcome of Meeting
Date of Meeting	22 Jun 2023
Time	01:30 PM

Venue(s)

Room 1, Level 1, AC Hotel by Marriott Penang

213 Jalan Bukit Gambir

11950 Bukit Jambul, Penang

Malaysia

Outcome of Meeting

The Board of Directors of Ideal Capital Berhad (formerly known as Ideal United Bintang International Berhad) wishes to announce that all the resolutions as set out in the notice of Annual General Meeting ("AGM") dated 28 April 2023 were duly passed at the AGM of the Company held on 22 June 2023 by way of poll voting.

Voting Results

1. Ordinary Resolution 1
Description	Re-election of Tan Sri Datuk Ooi Kee Liang in accordance with Clause 79(3) of the Company's Constitution
Shareholder’s Action	For Voting
Voted	For	Against
No. of Shareholders	18	0
No. of Shares	433,460,924	0
% of Voted Shares	100.0000	0.0000
Result	Accepted

2. Ordinary Resolution 2
Description	Re-election of Dato Haji Rosly Bin Abas in accordance with Clause 79(3) of the Company's Constitution
Shareholder’s Action	For Voting
Voted	For	Against
No. of Shareholders	18	0
No. of Shares	433,460,924	0
% of Voted Shares	100.0000	0.0000
Result	Accepted

3. Ordinary Resolution 3
Description	Approval for the payment of Directors' fees
Shareholder’s Action	For Voting
Voted	For	Against
No. of Shareholders	17	1
No. of Shares	433,460,524	400
% of Voted Shares	99.9999	0.0001
Result	Accepted

4. Ordinary Resolution 4
Description	Approval for the payment of Directors' benefits
Shareholder’s Action	For Voting
Voted	For	Against
No. of Shareholders	17	1
No. of Shares	433,460,524	400
% of Voted Shares	99.9999	0.0001
Result	Accepted

5. Ordinary Resolution 5
Description	Re-appointment of Messrs UHY as Auditors of the Company and to authorise the Board of Directors to fix their remuneration
Shareholder’s Action	For Voting
Voted	For	Against
No. of Shareholders	18	8
No. of Shares	433,460,924	0
% of Voted Shares	100.0000	0.0000
Result	Accepted

6. Special Resolution
Description	Waiver of Pre-Emptive Rights under Section 85 of the Companies Act 2016
Shareholder’s Action	For Voting
Voted	For	Against
No. of Shareholders	18	0
No. of Shares	433,460,924	0
% of Voted Shares	100.0000	0.0000
Result	Accepted

7. Ordinary Resolution 6
Description	Approval for issuance of new ordinary shares pursuant to Sections 75 and 76 of the Companies Act 2016
Shareholder’s Action	For Voting
Voted	For	Against
No. of Shareholders	18	0
No. of Shares	433,460,924	0
% of Voted Shares	100.0000	0.0000
Result	Accepted

8. Ordinary Resolution 7
Description	Share buy-back authority
Shareholder’s Action	For Voting
Voted	For	Against
No. of Shareholders	18	0
No. of Shares	433,460,924	0
% of Voted Shares	100.0000	0.0000
Result	Accepted

9. Ordinary Resolution 8 (FIRST TIER)
Description	Continuing in Office as an Independent Non-Executive Director - En Mohtar Bin Abdullah
Shareholder’s Action	For Voting
Voted	For	Against
No. of Shareholders	3	0
No. of Shares	374,876,224	0
% of Voted Shares	100.0000	0.0000
Result	Accepted

10. Ordinary Resolution 8 (SECOND TIER)
Description	Continuing in Office as an Independent Non-Executive Director - En Mohtar Bin Abdullah
Shareholder’s Action	For Voting
Voted	For	Against
No. of Shareholders	14	1
No. of Shares	58,584,300	400
% of Voted Shares	99.9993	0.0007
Result	Accepted

11. Ordinary Resolution 9 (FIRST TIER)
Description	Continuing in Office as an Independent Non-Executive Director - Mr Tan Wooi Chuon
Shareholder’s Action	For Voting
Voted	For	Against
No. of Shareholders	3	0
No. of Shares	374,876,224	0
% of Voted Shares	100.0000	0.0000
Result	Accepted

12. Ordinary Resolution 9 (SECOND TIER)
Description	Continuing in Office as an Independent Non-Executive Director - Mr Tan Wooi Chuon
Shareholder’s Action	For Voting
Voted	For	Against
No. of Shareholders	14	1
No. of Shares	58,584,300	400
% of Voted Shares	99.9993	0.0007
Result	Accepted

Please refer attachment below.

Attachments

6th AGM Poll Results.pdf
347.6 kB

Announcement Info

Company Name	IDEAL CAPITAL BERHAD
Stock Name	IDEAL
Date Announced	22 Jun 2023
Category	General Meeting
Reference Number	GMA-22062023-00027
Corporate Action ID	MY230622MEET0026