GENERAL MEETINGS: Outcome of Meeting
| ZECON BERHAD |
| Type of Meeting | Extraordinary |
| Indicator | Outcome of Meeting |
| Date of Meeting | 17 Jul 2020 |
| Time | 09:30 AM |
| Venue(s) |
Ground Floor, Menara Zecon, No. 92, Lot 393, Section 5, KTLD, Jalan Satok 93400 Kuching, Sarawak. Malaysia |
| Outcome of Meeting | The Board of Directors of Zecon Berhad (‘the Company’) wishes to announce that all the resolutions set out in the Notice of Extraordinary General Meeting ("EGM”) dated 24 June 2020 were duly passed by way of poll at the EGM of the Company held today. The results of the poll were validated by Malaysian Issuing House Sdn Bhd, the Independent Scrutineer appointed by the Company.
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Voting Results |
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1. Ordinary Resolution 1 |
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| Description |
Proposed Renounceable Rights Issue of up to 576,473,700 new Irredeemable Convertible Preference Shares in Zecon ("ICPS") on the basis of 4 ICPS for every 1 existing ordinary share in Zecon held on an entitlement date to be determined later at an issue price of RM0.08 per ICPS ("Proposed Rights Issue of ICPS")
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 15 | 0 |
| No. of Shares | 27,907,475 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
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| Description |
Proposed establishment of an Employees' Share Option Scheme ("ESOS") of up to 15% of the total number of issued shares of Zecon at any point in time ("Proposed ESOS")
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 23 | 0 |
| No. of Shares | 89,685,100 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
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| Description |
Proposed allocation of ESOS options to Datu Haji Hamzah bin Haji Drahman (Independent Non-Executive Chairman) |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 22 | 0 |
| No. of Shares | 89,551,600 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
4. Ordinary Resolution 4 |
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| Description |
Proposed allocation of ESOS options to Datuk Haji Zainal Abidin bin Haji Ahmad (Group Managing Director) |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 15 | 0 |
| No. of Shares | 27,907,475 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
5. Ordinary Resolution 5 |
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| Description |
Proposed allocation of ESOS options to Haji Zainurin bin Haji Ahmad (Deputy Managing Director) |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 15 | 0 |
| No. of Shares | 27,907,475 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
6. Ordinary Resolution 6 |
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| Description |
Proposed allocation of ESOS options to Dato' Abdul Majit bin Ahmad Khan (Senior Independent Non-Executive Director) |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 23 | 0 |
| No. of Shares | 89,685,100 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
7. Ordinary Resolution 7 |
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| Description |
Proposed allocation of ESOS options to Richard Kiew Jiat Fong (Independent Non-Executive Director) |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 22 | 0 |
| No. of Shares | 89,622,100 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
8. Ordinary Resolution 8 |
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| Description |
Proposed allocation of ESOS options to Datuk Haji Bolhassan bin Di @ Ahmad bin Di (Independent Non-Executive Director) |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 23 | 0 |
| No. of Shares | 89,685,100 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
9. Ordinary Resolution 9 |
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| Description |
Proposed allocation of ESOS options to Hui Kok Yuan (Non Independent Non-Executive Director) |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 22 | 0 |
| No. of Shares | 89,435,100 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
10. Ordinary Resolution 10 |
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| Description |
Proposed allocation of ESOS options to Haji Sazali bin Md Salleh (Non Independent Non-Executive Director) |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 21 | 0 |
| No. of Shares | 77,164,500 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
11. Ordinary Resolution 11 |
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| Description |
Proposed allocation of ESOS options to Haji Jamil bin Jamaludin (Executive Director) |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 23 | 0 |
| No. of Shares | 89,685,100 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
12. Ordinary Resolution 12 |
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| Description |
Proposed allocation of ESOS options to Muhammad Nasri bin Zainal Abidin (Facilities Management Executive) |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 16 | 0 |
| No. of Shares | 28,432,475 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
13. Ordinary Resolution 13 |
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| Description |
Proposed allocation of ESOS options to Dayangku Balqis Sharbanu binti Awangku Abdul Malit @ Awangku Malyx (Human Resource Manager) |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 16 | 0 |
| No. of Shares | 27,432,475 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
14. Special Resolution |
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| Description |
Proposed amendments to the Constitution of the Company to facilitate the Proposed Rights Issue of ICPS ("Proposed Amendments")
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 23 | 0 |
| No. of Shares | 89,685,100 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
Please refer attachment below.
Announcement Info
| Company Name | ZECON BERHAD |
| Stock Name | ZECON |
| Date Announced | 17 Jul 2020 |
| Category | General Meeting |
| Reference Number | GMA-17072020-00012 |
| Corporate Action ID | MY200717MEET0010 |