GENERAL MEETINGS: Outcome of Meeting
| EG INDUSTRIES BERHAD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 27 Nov 2025 |
| Time | 11:00 AM |
| Venue(s) |
PMT 855, Jalan Cassia Selatan 6/2 Taman Perindustrian Batu Kawan 14110 Bandar Cassia, Pulau Pinang Malaysia |
| Outcome of Meeting | The Board of Directors of EG Industries Berhad (“EG” or “the Company”) is pleased to announce that the shareholders of the Company have, at the Thirty-Fourth Annual General Meeting (“AGM”) held on 27 November 2025, approved all the Ordinary Resolutions as set out in the Notice of AGM dated 30 October 2025.
The results of the poll were validated by Commercial Quest Sdn. Bhd., the Independent Scrutineer appointed by the Company. The details of the poll results are set out below.
This announcement is dated 27 November 2025. |
Voting Results |
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1. Ordinary Resolution 1 |
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| Description |
To approve the Directors' Fees and benefits payable to the Directors of the Company up to an aggregate amount of RM350,000 commencing this AGM through to the next AGM of the Company in 2026 and further, to authorise the Directors to apportion the fees and make payment in the manner as the Directors may determine. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 98 | 1 |
| No. of Shares | 488,540,029 | 3,400 |
| % of Voted Shares | 99.9993 | 0.0007 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
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| Description |
To re-elect Mr. Lim Sze Yan who retires in accordance with Clause 99 of the Company's Constitution. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 89 | 10 |
| No. of Shares | 479,760,974 | 8,782,455 |
| % of Voted Shares | 98.2023 | 1.7977 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
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| Description |
To re-elect Mr. Ong Lye Soon who retires in accordance with Clause 99 of the Company's Constitution. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 99 | 0 |
| No. of Shares | 488,543,429 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
4. Ordinary Resolution 4 |
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| Description |
To re-appoint UHY Malaysia 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 | 94 | 5 |
| No. of Shares | 487,385,174 | 1,158,255 |
| % of Voted Shares | 99.7629 | 0.2371 |
| Result | Accepted | |
5. Ordinary Resolution 5 |
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| Description |
To retain Mr. Lee Kean Teong as Independent Non-Executive Director of the Company in accordance with the Malaysian Code on Corporate Governance until the conclusion of the next AGM. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 0 | 0 |
| No. of Shares | 0 | 0 |
| % of Voted Shares | 0.0000 | 0.0000 |
| Result | Withdrawn/ Postponed | |
6. Ordinary Resolution 6 |
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| Description |
Power to Issue Shares Pursuant to Sections 75 and 76 of the Companies Act 2016. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 94 | 5 |
| No. of Shares | 488,495,729 | 47,700 |
| % of Voted Shares | 99.9902 | 0.0098 |
| Result | Accepted | |
7. Ordinary Resolution 7 |
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| Description |
Proposed Renewal of Authority to Buy Back Its Own Shares by the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 78 | 21 |
| No. of Shares | 428,789,329 | 59,754,100 |
| % of Voted Shares | 87.7689 | 12.2311 |
| Result | Accepted | |
8. Ordinary Resolution 8 |
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| Description |
Proposed Renewal of Shareholders' Mandate for Recurrent Related Party Transactions. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 91 | 0 |
| No. of Shares | 337,967,429 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
Announcement Info
| Company Name | EG INDUSTRIES BERHAD |
| Stock Name | EG |
| Date Announced | 27 Nov 2025 |
| Category | General Meeting |
| Reference Number | GMA-26112025-00025 |
| Corporate Action ID | MY251126MEET0025 |