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Function Room 1, Mezzanine Floor, Setia City Convention Centre,
No. 1, Jalan Setia Dagang AG U13/AG,
Setia Alam, Seksyen U13,
40170 Shah Alam, Selangor
Malaysia
Outcome of Meeting
The Board of Directors of AYS Ventures Berhad ("the Company") is pleased to announce that all the resolutions as prescribed in the notice convening the Annual General Meeting ("AGM") of the Company dated 27 July 2020 were duly passed by way of poll at the AGM of the Company held at Function Room 1, Mezzanine Floor, Setia City Convention Centre No.1, Jalan Setia Dagang AG U13/AG, Setia Alam, Seksyen U13, 40170 Shah Alam on Tuesday, 25 August 2020.
The results of the poll which were validated by Edwina Ong, the representative from Estee Management Solutions, the Independent Scrutineer appointed by the Company, are as set out below:-
Voting Results
1. Resolution 1
Description
To re-elect Oh Yung Sim who is retiring in accordance with Article 112 of the Company's Constitution
Shareholder’s Action
For Voting
Voted
For
Against
No. of Shareholders
18
1
No. of Shares
266,936,900
1,800
% of Voted Shares
99.9990
0.0010
Result
Accepted
2. Resolution 2
Description
To re-elect Seow Nyoke Yoong who is retiring in accordance with Article 112 of the Company's Constitution
Shareholder’s Action
For Voting
Voted
For
Against
No. of Shareholders
18
1
No. of Shares
266,936,900
1,800
% of Voted Shares
99.9990
0.0010
Result
Accepted
3. Resolution 3
Description
To re-elect Mohamad Fazlin Bin Mohamad who is retiring in accordance with Article 112 of the Company's Constitution
Shareholder’s Action
For Voting
Voted
For
Against
No. of Shareholders
17
2
No. of Shares
266,934,900
3,800
% of Voted Shares
99.9990
0.0010
Result
Accepted
4. Resolution 4
Description
To approve the payment of Directors' fees not exceeding RM500,000 for the period from August 2020 till July 2021
Shareholder’s Action
For Voting
Voted
For
Against
No. of Shareholders
18
1
No. of Shares
266,936,900
1,800
% of Voted Shares
99.9990
0.0010
Result
Accepted
5. Resolution 5
Description
To approve the payment of meeting attendance allowance of RM1,000 per meeting for each Independent Directors from August 2020 till July 2021
Shareholder’s Action
For Voting
Voted
For
Against
No. of Shareholders
17
2
No. of Shares
266,934,900
3,800
% of Voted Shares
99.9990
0.0010
Result
Accepted
6. Resolution 6
Description
To re-appoint Grant Thornton 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
18
1
No. of Shares
266,936,900
1,800
% of Voted Shares
99.9990
0.0010
Result
Accepted
7. Resolution 7
Description
Continuation in office as Independent Non-Executive Director
- Haji Mohd. Sharif Bin Haji Yusof
Shareholder’s Action
For Voting
Voted
For
Against
No. of Shareholders
17
2
No. of Shares
266,934,900
3,800
% of Voted Shares
99.9990
0.0010
Result
Accepted
8. Resolution 8
Description
Continuation in office as Independent Non-Executive Director
- Seow Nyoke Yoong
Shareholder’s Action
For Voting
Voted
For
Against
No. of Shareholders
18
1
No. of Shares
266,936,900
1,800
% of Voted Shares
99.9990
0.0010
Result
Accepted
9. Resolution 9
Description
Continuation in office as Independent Non-Executive Director
- Mohamad Fazlin Bin Mohamad
Shareholder’s Action
For Voting
Voted
For
Against
No. of Shareholders
17
2
No. of Shares
266,934,900
3,800
% of Voted Shares
99.9990
0.0010
Result
Accepted
10. Resolution 10
Description
Proposed Authority to issue shares pursuant to Sections 75 and 76 of the Companies Act 2016