GENERAL MEETINGS: Outcome of Meeting
| YI-LAI BERHAD |
| Type of Meeting | Extraordinary |
| Indicator | Outcome of Meeting |
| Date of Meeting | 30 Oct 2020 |
| Time | 10:00 AM |
| Venue(s) |
Broadcast Venue: 1st Floor, Meeting Room, Lot 8, Jalan 51A/241, Seksyen 51A, 46100 Petaling Jaya, Selangor Malaysia |
| Outcome of Meeting |
The Board of Directors of Yi-Lai Berhad (“Yi-Lai”) or ("the Company") is pleased to announce that save for Resolution 6, all other resolutions set out in the Notice of the Extraordinary General Meeting dated 15 October 2020, were passed by the shareholders of the Company at the EGM held on 30 October 2020.
Resolution 6 was not put forward for voting since the Director concerned, Ms. Wendy Kang Hui Lin has resigned as Director prior to the EGM.
All relevant resolutions were voted on poll and the results of the poll were validated by Aegis Communication Sdn. Bhd., an independent Scrutineer appointed by the Company.
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Voting Results |
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1. ORDINARY RESOLUTION 1 |
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| Description |
PROPOSED DIVERSIFICATION OF THE EXISTING PRINCIPAL ACTIVITIES OF YI-LAI AND ITS SUBSIDIARIES ("YI-LAI GROUP") TO INCLUDE THE PROVISION OF INFORMATION TECHNOLOGY SOLUTIONS ("IT SOLUTIONS")
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 22 | 0 |
| No. of Shares | 62,034,491 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
2. ORDINARY RESOLUTION 2 |
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| Description |
PROPOSED ESTABLISHMENT OF AN EMPLOYEES SHARE OPTION SCHEME ("ESOS") OF UP TO 15% OF THE TOTAL NUMBER OF ISSUED SHARES OF YI-LAI (EXCLUDING TREASURY SHARES, IF ANY) AT ANY POINT IN TIME OVER THE DURATION OF THE ESOS ("PROPOSED ESOS")
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 21 | 1 |
| No. of Shares | 62,032,431 | 2,060 |
| % of Voted Shares | 99.9967 | 0.0033 |
| Result | Accepted | |
3. ORDINARY RESOLUTION 3 |
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| Description |
PROPOSED ALLOCATION OF ESOS OPTIONS TO DATO' WONG GIAN KUI, THE DIRECTOR OF YI-LAI |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 20 | 1 |
| No. of Shares | 61,954,431 | 2,060 |
| % of Voted Shares | 99.9967 | 0.0033 |
| Result | Accepted | |
4. ORDINARY RESOLUTION 4 |
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| Description |
PROPOSED ALLOCATION OF ESOS OPTIONS TO AU YEE BOON, THE DIRECTOR OF YI-LAI |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 18 | 1 |
| No. of Shares | 46,404,931 | 2,060 |
| % of Voted Shares | 99.9956 | 0.0044 |
| Result | Accepted | |
5. ORDINARY RESOLUTION 5 |
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| Description |
PROPOSED ALLOCATION OF ESOS OPTIONS TO TAN JIAN HONG, AARON, THE DIRECTOR OF YI-LAI |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 21 | 1 |
| No. of Shares | 62,032,431 | 2,060 |
| % of Voted Shares | 99.9967 | 0.0033 |
| Result | Accepted | |
6. ORDINARY RESOLUTION 6 (WITHDRAWN) |
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| Description |
PROPOSED ALLOCATION OF ESOS OPTIONS TO WENDY KANG HUI LIN, THE DIRECTOR OF YI-LAI |
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| 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 | |
7. ORDINARY RESOLUTION 7 |
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| Description |
PROPOSED ALLOCATION OF ESOS OPTIONS TO LEE BOON SIONG, THE DIRECTOR OF YI-LAI |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 21 | 1 |
| No. of Shares | 62,032,431 | 2,060 |
| % of Voted Shares | 99.9967 | 0.0033 |
| Result | Accepted | |
Announcement Info
| Company Name | YI-LAI BERHAD |
| Stock Name | YILAI |
| Date Announced | 30 Oct 2020 |
| Category | General Meeting |
| Reference Number | GMA-30102020-00005 |
| Corporate Action ID | MY201030MEET0005 |