ASIABRN

0.515

(%)

GENERAL MEETINGS: Outcome of Meeting

ASIA BRANDS BERHAD

Type of Meeting General
Indicator Outcome of Meeting
Date of Meeting 28 Aug 2025
Time 09:00 AM

Venue(s) 
Conference Room

Lot 10449, Jalan Nenas, Batu 4 1/2

Kampung Jawa, 41000 Klang

Selangor Darul Ehsan

Malaysia

Outcome of Meeting

The Board of Directors of Asia Brands Berhad wishes to announce that all of the resolutions as set out in the Notice of the Fiftieth Annual General Meeting ("50th AGM") dated 25 July 2025 were duly passed by the shareholders at the 50th AGM held today. All of the resolutions were voted by poll and the results of the poll were validated by Commercial Quest Sdn. Bhd., the Independent Scrutineer appointed by the Company. Details of the results of the polling in respect of all the resolutions at the 50th AGM are set out below. 

 

This announcement is dated 28 August 2025.

Voting Results

1. Resolution 1

Description 
To approve the payment of Directors' fees and benefits to the Non-Executive Directors of the Company from the conclusion of the 50th AGM up till the conclusion of the next Annual General Meeting of the Company to be held in 2026.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 9 0
No. of Shares 153,299,426 0
% of Voted Shares 100.0000 0.0000
Result Accepted

2. Resolution 2

Description 
To re-elect Dato' Dr. Lim Weng Khuan, Director who retires pursuant to Clause 118 of the Company's Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 9 0
No. of Shares 153,299,426 0
% of Voted Shares 100.0000 0.0000
Result Accepted

3. Resolution 3

Description 
To re-elect Lee Siok Yee, Director who retires pursuant to Clause 118 of the Company's Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 9 0
No. of Shares 153,299,426 0
% of Voted Shares 100.0000 0.0000
Result Accepted

4. Resolution 4

Description 
To re-appoint Messrs. Reanda LLKG International 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 9 0
No. of Shares 153,299,426 0
% of Voted Shares 100.0000 0.0000
Result Accepted

5. Resolution 5

Description 
Ordinary Resolution 1
Authority to Issue Shares Pursuant to the Companies Act, 2016.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 9 0
No. of Shares 153,299,426 0
% of Voted Shares 100.0000 0.0000
Result Accepted

6. Resolution 6

Description 
Ordinary Resolution 2
Proposed Renewal of Existing Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature with Ng Tiong Seng Corporation Sdn. Bhd.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 7 0
No. of Shares 74,884,472 0
% of Voted Shares 100.0000 0.0000
Result Accepted

7. Resolution 7

Description 
Ordinary Resolution 3
Proposed Renewal of Existing Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature with Trackland Sdn. Bhd. and/or its affiliates including Herming Marketing Sdn. Bhd. and Siang Poh Knitting Sdn. Bhd.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 7 0
No. of Shares 78,827,254 0
% of Voted Shares 100.0000 0.0000
Result Accepted

8. Resolution 8

Description 
Ordinary Resolution 4
Proposed Renewal of Share Buy Back Authority of up to Ten Per cent (10%) of the Total Number of Issued Shares of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 9 0
No. of Shares 153,299,426 0
% of Voted Shares 100.0000 0.0000
Result Accepted





Announcement Info

Company Name ASIA BRANDS BERHAD
Stock Name ASIABRN
Date Announced 28 Aug 2025
Category General Meeting
Reference Number GMA-27082025-00017
Corporate Action ID MY250827MEET0017


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