ULICORP

1.430

(%)

GENERAL MEETINGS: Outcome of Meeting

UNITED U-LI CORPORATION BERHAD

Type of Meeting General
Indicator Outcome of Meeting
Date of Meeting 27 Aug 2020
Time 10:00 AM

Venue(s)
GLENMARIE BALLROOM B,

HOLIDAY INN KUALA LUMPUR GLENMARIE,

1 JALAN USAHAWAN U1/8, SEKSYEN U1,

40250 SHAH ALAM, SELANGOR DARUL EHSAN.

Malaysia

Outcome of Meeting

The Board of Directors of United U-Li Corporation Berhad ("the Company") is pleased to anounce that all the resolutions as set out in the Notice of 20th Annual General Meeting ("20th AGM") of the Company dated 30 June 2020, were duly passed by the shareholders at the 20th AGM of the Company held today.

 

All the resolutions were voted by poll in accordance with Paragraph 8.29A of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad.

 

The results of the poll were validated by Boardroom Corporate Services Sdn. Bhd., the Independent Scrutineer appointed by the Company. 

 

This announcement is dated 27 August 2020.


Voting Results


1. Resolution 1

Description
To approve the payment of Directors' fees of RM346,000 for the financial year ended 31st December 2019.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 100 3
No. of Shares 104,996,231 3,090
% of Voted Shares 99.9971 0.0029
Result Accepted

2. Resolution 2

Description
To approve the Non-Executive Directors' Benefits up to an amount of RM22,800 from 1st July 2020 of the Company until 30th June 2021.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 94 4
No. of Shares 103,740,536 93
% of Voted Shares 100.0000 0.0000
Result Accepted

3. Resolution 3

Description
To re-elect Mr Chim Wai Khuan Directors who retires by rotation in accordance with Clause 165 of the Company's Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 96 5
No. of Shares 96,648,951 7,750,370
% of Voted Shares 92.5762 7.4238
Result Accepted

4. Resolution 4

Description
To re-elect Mr Teow Lai Seng who retires by rotation in accordance with Clause 165 of the Company's Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 101 2
No. of Shares 104,999,231 90
% of Voted Shares 100.0000 0.0000
Result Accepted

5. Resolution 5

Description
To re-appoint Messrs Baker Tilly Monteiro Heng PLT as Auditors of the Company until the conclusion of the next Annual General Meeting and to authorise the Directors to fix their remuneration.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 101 2
No. of Shares 104,999,231 90
% of Voted Shares 100.0000 0.0000
Result Accepted

6. Resolution 6

Description
Retention of Mr Chim Wai Khuan as the Independent Non-Executive Director of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 96 5
No. of Shares 96,648,951 7,750,370
% of Voted Shares 92.5762 7.4238
Result Accepted

7. Resolution 7

Description
Retention of En Shariff Bin Mohd Shah as the Independent Non-Executive Director of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 94 6
No. of Shares 96,590,286 7,750,343
% of Voted Shares 92.5721 7.4279
Result Accepted

8. Resolution 8

Description
Authority for Directors to issue and allot shares in the Company pursuant to Sections 75 and 76 of the Companies Act, 2016.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 98 5
No. of Shares 97,248,951 7,750,370
% of Voted Shares 92.6186 7.3814
Result Accepted



Please refer attachment below.




Announcement Info

Company Name UNITED U-LI CORPORATION BERHAD
Stock Name ULICORP
Date Announced 27 Aug 2020
Category General Meeting
Reference Number GMA-26082020-00018
Corporate Action ID MY200826MEET0018