WANGZNG

0.680

(%)

GENERAL MEETINGS: Outcome of Meeting

WANG-ZHENG BERHAD

Type of Meeting	General
Indicator	Outcome of Meeting
Date of Meeting	23 Sep 2020
Time	11:00 AM

Venue(s)

No. 1, Jalan Utarid U5/19,

Section U5,

40150, Shah Alam, Selangor,

Malaysia

Outcome of Meeting

The Board of Directors of Wang-Zheng Berhad ("Wang-Zheng" or "the Company") wishes to announce that the shareholders of Wang-Zheng have at its Seventeenth (17th) Annual General Meeting ("AGM") held on 23 September 2020 passed all the resolutions as set out in the Notice of AGM dated 30 June 2020 by way of voting on poll.

The results of the poll were validated by SLCC Networks Sdn. Bhd., the Scrutineer appointed by the Company.

This announcement is dated 23 September 2020

Voting Results

1. Ordinary Resolution 1
Description	To approve the payment of the First and Final Single Tier Tax Exempt Dividend of 4.5 sen per share under the single-tier system in respect of the financial year ended 31 December 2019.
Shareholder’s Action	For Voting
Voted	For	Against
No. of Shareholders	17	2
No. of Shares	89,969,944	6
% of Voted Shares	100.0000	0.0000
Result	Accepted

2. Ordinary Resolution 2
Description	To approve the payment of Directors fees of up to RM162,000 and other benefits of up to RM120,000 in respect of the period from 23 September 2020 until the conclusion of the next AGM of the Company.
Shareholder’s Action	For Voting
Voted	For	Against
No. of Shareholders	16	1
No. of Shares	87,948,626	3
% of Voted Shares	100.0000	0.0000
Result	Accepted

3. Ordinary Resolution 3
Description	To re-elect Goh Kheng Jiu, who retires by rotation in accordance with Article 105(1) of the Constitution of the Company and being eligible, has offered himself for re-election
Shareholder’s Action	For Voting
Voted	For	Against
No. of Shareholders	19	1
No. of Shares	86,024,904	3
% of Voted Shares	100.0000	0.0000
Result	Accepted

4. Ordinary Resolution 4
Description	To re-elect Loo Choo Hong, who retires by rotation in accordance with Article 105(1) of the Constitution of the Company and being eligible, has offered himself for re-election
Shareholder’s Action	For Voting
Voted	For	Against
No. of Shareholders	20	0
No. of Shares	88,059,026	0
% of Voted Shares	100.0000	0.0000
Result	Accepted

5. Ordinary Resolution 5
Description	To re-elect Sze Man Bok, who retires by rotation in accordance with Article 105(1) of the Constitution of the Company and being eligible, has offered himself for re-election
Shareholder’s Action	For Voting
Voted	For	Against
No. of Shareholders	21	2
No. of Shares	88,069,026	33,003
% of Voted Shares	99.9625	0.0375
Result	Accepted

6. Ordinary Resolution 6
Description	To re-elect Hui Ching Chi, who retires by rotation in accordance with Article 105(1) of the Constitution of the Company and being eligible, has offered himself for re-election
Shareholder’s Action	For Voting
Voted	For	Against
No. of Shareholders	21	2
No. of Shares	88,069,026	6
% of Voted Shares	100.0000	0.0000
Result	Accepted

7. Ordinary Resolution 7
Description	To appoint Messrs PricewaterhouseCoopers PLT ("PWC"), as Auditors of the Company in place of the retiring Auditors, Messrs UHY ("UHY") and to hold office 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	21	2
No. of Shares	88,002,526	6
% of Voted Shares	100.0000	0.0000
Result	Accepted

8. Ordinary Resolution 8
Description	To approve Maj Gen Dato' Pahlawan Dr Mohona Dass A/L Ramasamy (Rtd), each of whom has served as an Independent Non-Executive Director ("INED") for more than twelve years, to continue to act as INED of the Company
Shareholder’s Action	For Voting
Voted	For	Against
No. of Shareholders	1	0
No. of Shares	80,003,000	0
% of Voted Shares	100.0000	0.0000
Result	Accepted

9. Ordinary Resolution 9
Description	To approve Loo Choo Hong, each of whom has served as an Independent Non-Executive Director ("INED") for more than twelve years, to continue to act as INED of the Company
Shareholder’s Action	For Voting
Voted	For	Against
No. of Shareholders	1	0
No. of Shares	80,003,000	0
% of Voted Shares	100.0000	0.0000
Result	Accepted

10. Ordinary Resolution 10
Description	To approve Ch'ng Eng Hing, each of whom has served as an Independent Non-Executive Director ("INED") for more than twelve years, to continue to act as INED of the Company
Shareholder’s Action	For Voting
Voted	For	Against
No. of Shareholders	1	0
No. of Shares	80,003,000	0
% of Voted Shares	100.0000	0.0000
Result	Accepted

11. Ordinary Resolution 11
Description	To approve Low Yu Keat, each of whom has served as an Independent Non-Executive Director ("INED") for more than twelve years, to continue to act as INED of the Company
Shareholder’s Action	For Voting
Voted	For	Against
No. of Shareholders	1	0
No. of Shares	80,003,000	0
% of Voted Shares	100.0000	0.0000
Result	Accepted

12. Ordinary Resolution 12
Description	Proposed Renewal of Existing Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature
Shareholder’s Action	For Voting
Voted	For	Against
No. of Shareholders	20	2
No. of Shares	6,843,893	6
% of Voted Shares	99.9999	0.0001
Result	Accepted

13. Ordinary Resolution 13
Description	Authority to Issue and Allot Shares pursuant to Sections 75 And 76 of The Act
Shareholder’s Action	For Voting
Voted	For	Against
No. of Shareholders	19	2
No. of Shares	87,988,924	6,003
% of Voted Shares	99.9932	0.0068
Result	Accepted

14. Ordinary Resolution 14
Description	Proposed Renewal of Authority to Purchase Its Own Shares of up to 10% of the Total Number of Issued Shares in the Company
Shareholder’s Action	For Voting
Voted	For	Against
No. of Shareholders	19	0
No. of Shares	87,895,424	0
% of Voted Shares	100.0000	0.0000
Result	Accepted

15. Ordinary Resolution 8 - Tier 2
Description	To approve Maj Gen Dato' Pahlawan Dr Mohona Dass A/L Ramasamy (Rtd), each of whom has served as an Independent Non-Executive Director ("INED") for more than twelve years, to continue to act as INED of the Company
Shareholder’s Action	For Voting
Voted	For	Against
No. of Shareholders	20	2
No. of Shares	8,066,026	6
% of Voted Shares	99.9999	0.0001
Result	Accepted

16. Ordinary Resolution 9 - Tier 2
Description	To approve Loo Choo Hong, each of whom has served as an Independent Non-Executive Director ("INED") for more than twelve years, to continue to act as INED of the Company
Shareholder’s Action	For Voting
Voted	For	Against
No. of Shareholders	19	2
No. of Shares	8,056,026	6
% of Voted Shares	99.9999	0.0001
Result	Accepted

17. Ordinary Resolution 10 - Tier 2
Description	To approve Ch'ng Eng Hing, each of whom has served as an Independent Non-Executive Director ("INED") for more than twelve years, to continue to act as INED of the Company
Shareholder’s Action	For Voting
Voted	For	Against
No. of Shareholders	17	2
No. of Shares	8,038,626	6
% of Voted Shares	99.9999	0.0001
Result	Accepted

18. Ordinary Resolution 11 - Tier 2
Description	To approve Low Yu Keat, each of whom has served as an Independent Non-Executive Director ("INED") for more than twelve years, to continue to act as INED of the Company
Shareholder’s Action	For Voting
Voted	For	Against
No. of Shareholders	18	1
No. of Shares	7,896,526	3
% of Voted Shares	100.0000	0.0000
Result	Accepted

Announcement Info

Company Name	WANG-ZHENG BERHAD
Stock Name	WANGZNG
Date Announced	23 Sep 2020
Category	General Meeting
Reference Number	GMA-23092020-00014
Corporate Action ID	MY200923MEET0014