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Fully virtual basis through live streaming and online remote
meeting platform at https://tiih.online or https://tiih.com.my
(Domain Registration No. with MYNIC - D1A282781)
Malaysia
Outcome of Meeting
Wong Engineering Corporation Berhad ("the Company") wishes to announce that at the Twenty-Seventh Annual General Meeting ("27th AGM") of the Company held today, all the 8 ordinary resolutions set out in the Notice of the 27th AGM dated 26 February 2024 were duly passed by way of poll. The results of the poll were duly validated by Asia Securities Sdn. Berhad, the independent Scrutineer appointed by the Company.
This announcement is dated 26 March 2024.
Voting Results
1. Ordinary Resolution 1
Description
To approve the payment of Directors' fees of up to RM300,000 for the period from the
next day of the 27th AGM until the conclusion of the next AGM in 2025.
Shareholder’s Action
For Voting
Voted
For
Against
No. of Shareholders
42
16
No. of Shares
67,447,577
37,604
% of Voted Shares
99.9443
0.0557
Result
Accepted
2. Ordinary Resolution 2
Description
To approve the payment of benefits payable to the Directors of the Company of up to RM50,000 for the period from the next day of the 27th AGM until the conclusion of the next AGM in 2025.
Shareholder’s Action
For Voting
Voted
For
Against
No. of Shareholders
41
17
No. of Shares
67,447,575
37,606
% of Voted Shares
99.9443
0.0557
Result
Accepted
3. Ordinary Resolution 3
Description
To re-elect Eng Teik Hiang who are retiring in accordance with Clause 103 of the Company's Constitution and being eligible, offers himself for re-election.
Shareholder’s Action
For Voting
Voted
For
Against
No. of Shareholders
50
11
No. of Shares
119,546,654
58,402
% of Voted Shares
99.9512
0.0488
Result
Accepted
4. Ordinary Resolution 4
Description
To re-elect Lau Chia En who are retiring in accordance with Clause 103 of the Company's Constitution and being eligible, offers himself for re-election.
Shareholder’s Action
For Voting
Voted
For
Against
No. of Shareholders
50
11
No. of Shares
119,546,654
58,402
% of Voted Shares
99.9512
0.0488
Result
Accepted
5. Ordinary Resolution 5
Description
To re-appoint KPMG PLT as auditors of the Company for the financial year ending 31 October 2024 and to authorize the Directors to fix their remuneration.
Shareholder’s Action
For Voting
Voted
For
Against
No. of Shareholders
51
11
No. of Shares
119,551,654
58,402
% of Voted Shares
99.9512
0.0488
Result
Accepted
6. Ordinary Resolution 6
Description
Authority to Issue and Allot Shares pursuant to Sections 75 and 76 of the Companies Act 2016.
Shareholder’s Action
For Voting
Voted
For
Against
No. of Shareholders
50
12
No. of Shares
119,551,379
58,677
% of Voted Shares
99.9509
0.0491
Result
Accepted
7. Ordinary Resolution 7
Description
Proposed Renewal of Authority for the Company to Buy-Back its Own Ordinary Shares.
Shareholder’s Action
For Voting
Voted
For
Against
No. of Shareholders
51
11
No. of Shares
119,596,379
13,677
% of Voted Shares
99.9886
0.0114
Result
Accepted
8. Ordinary Resolution 8
Description
Proposed Renewal of Shareholders' Mandate for Existing Recurrent Related Party
Transactions of a Revenue or Trading Nature.