GENERAL MEETINGS: Outcome of Meeting
| CYL CORPORATION BERHAD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 29 Jul 2025 |
| Time | 10:00 AM |
| Venue(s) |
Ballroom 2, LG Level, Eastin Hotel 13, Jalan 16/11, Pusat Dagang Seksyen 16 46350 Petaling Jaya, Selangor Darul Ehsan Malaysia |
| Outcome of Meeting | The Board of Directors of CYL Corporation Berhad ("the Company") wishes to announce that all resolutions set out in the Notice of the Twenty-Fifth Annual General Meeting ("AGM") dated 30 May 2025 were duly passed at the Twenty-Fifth AGM of the Company held earlier today.
The voting on the resolutions was carried out by way of poll and the results were validated by In.Corp Global (M) Sdn. Bhd., the independent scrutineer appointed by the Company.
Details of the results of the poll on the resolutions are set out below.
This announcement is dated 29 July 2025. |
Voting Results |
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1. Ordinary Resolution 1 |
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| Description |
To re-elect Tan Sri Abu Talib Bin Othman who is to retire pursuant to Clause 76(3) 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 | 54 | 7 |
| No. of Shares | 57,520,355 | 21,500 |
| % of Voted Shares | 99.9626 | 0.0374 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
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| Description |
To re-elect Mr. Chen Teck Shin who is to retire pursuant to Clause 76(3) 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 | 54 | 8 |
| No. of Shares | 67,525,813 | 23,100 |
| % of Voted Shares | 99.9658 | 0.0342 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
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| Description |
To re-elect Ms. Chen Wai Ling who is to retire pursuant to Clause 76(3) 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 | 54 | 8 |
| No. of Shares | 67,525,813 | 23,100 |
| % of Voted Shares | 99.9658 | 0.0342 |
| Result | Accepted | |
4. Ordinary Resolution 4 |
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| Description |
To re-elect Dato' Zakaria Bin Arshad who is to retire pursuant to Clause 78 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 | 54 | 8 |
| No. of Shares | 67,525,813 | 23,100 |
| % of Voted Shares | 99.9658 | 0.0342 |
| Result | Accepted | |
5. Ordinary Resolution 5 |
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| Description |
To approve the payment of Directors' fees to the Non-Executive Directors of RM400,000.00 for the period commencing on the date immediately after the 25th AGM up to the date of the next AGM to be held in 2026. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 52 | 9 |
| No. of Shares | 57,507,655 | 34,200 |
| % of Voted Shares | 99.9406 | 0.0594 |
| Result | Accepted | |
6. Ordinary Resolution 6 |
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| Description |
To approve the payment of Directors' benefits to the Non-Executive Directors of RM20,000.00 for the period commencing on the date immediately after the 25th AGM up to the date of the next AGM to be held in 2026. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 52 | 9 |
| No. of Shares | 57,507,655 | 34,200 |
| % of Voted Shares | 99.9406 | 0.0594 |
| Result | Accepted | |
7. Ordinary Resolution 7 |
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| Description |
To re-appoint Forvis Mazars PLT (formerly known as Mazars PLT) as Auditors of the Company and to authorise the Directors to fix their remuneration. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 54 | 8 |
| No. of Shares | 67,525,813 | 23,100 |
| % of Voted Shares | 99.9658 | 0.0342 |
| Result | Accepted | |
8. Ordinary Resolution 8 |
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| Description |
Authority for Directors to issue and allot shares of the Company pursuant to Sections 75 and 76 of the Companies Act 2016 ("the Act") and Waiver of Pre-emptive Rights under Section 85 of the Act.
|
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 52 | 10 |
| No. of Shares | 67,522,913 | 26,000 |
| % of Voted Shares | 99.9615 | 0.0385 |
| Result | Accepted | |
Please refer attachment below.
Announcement Info
| Company Name | CYL CORPORATION BERHAD |
| Stock Name | CYL |
| Date Announced | 29 Jul 2025 |
| Category | General Meeting |
| Reference Number | GMA-29072025-00019 |
| Corporate Action ID | MY250729MEET0019 |