GENERAL MEETINGS: Outcome of Meeting
| AWC BERHAD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 25 Nov 2020 |
| Time | 10:00 AM |
| Venue(s) |
Broadcast Venue Tricor Leadership Room, Unit 32-10, Level 32, Tower A Vertical Business Suite, Avenue 3, Bangsar South, No. 8 Jalan Kerinchi 59200 Kuala Lumpur, Wilayah Persekutuan Malaysia |
| Outcome of Meeting | The Board of Directors of AWC Berhad ("the Company") wishes to announce that all the resolutions under Ordinary and Special Businesses as prescribed in the Notice of Nineteenth Annual General Meeting ("19th AGM") of the Company dated 26 October 2020 were duly passed by the shareholders of the Company by way of poll via remote participation and voting at the 19th AGM of the Company held on Wednesday, 25 November 2020.
The result of the poll was validated by Malaysian Issuing House Sdn. Bhd, the independent scrutineer appointed by the Company.
Please refer to the attachment for the details of the outcome.
This announcement is dated 25 November 2020. |
Voting Results |
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1. Ordinary Resolution 1 |
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| Description |
To approve the payment of Directors' fees and benefits of up to RM399,000 for the period from 1 July 2020 until the next Annual General Meeting of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 68 | 13 |
| No. of Shares | 106,162,246 | 848,886 |
| % of Voted Shares | 99.2067 | 0.7933 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
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| Description |
To re-elect Dato' Nik Mod Amin Bin Nik Abd Majid as Director of the Company who retire by rotation in accordance with Clause 85 of the Company's Constitution. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 75 | 8 |
| No. of Shares | 106,333,896 | 830,236 |
| % of Voted Shares | 99.2253 | 0.7747 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
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| Description |
To re-elect Dato' Ahri Bin Hashim as Director of the Company who retire by rotation in accordance with Clause 85 of the Company's Constitution. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 74 | 10 |
| No. of Shares | 106,732,796 | 831,336 |
| % of Voted Shares | 99.2271 | 0.7729 |
| Result | Accepted | |
4. Ordinary Resolution 4 |
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| Description |
To re-appoint 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 | 78 | 7 |
| No. of Shares | 106,750,046 | 831,086 |
| % of Voted Shares | 99.7725 | 0.7725 |
| Result | Accepted | |
5. Ordinary Resolution 5 |
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| Description |
To retain Dato' Nik Mod Amin Bin Nik Abd Majid as an Independent Non-Executive Director of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 74 | 10 |
| No. of Shares | 106,733,696 | 830,436 |
| % of Voted Shares | 99.2280 | 0.7720 |
| Result | Accepted | |
6. Ordinary Resolution 6 |
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| Description |
To approve the general authority for the Directors to allot and issue shares pursuant to Sections 75 and 76 of the Companies Act 2016. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 72 | 12 |
| No. of Shares | 106,733,646 | 830,486 |
| % of Voted Shares | 99.2279 | 0.7721 |
| Result | Accepted | |
7. Special Resolution |
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| Description |
To approve the proposed amendments to the Constitution of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 73 | 10 |
| No. of Shares | 107,497,846 | 41,286 |
| % of Voted Shares | 99.9616 | 0.0384 |
| Result | Accepted | |
Please refer attachment below.
Announcement Info
| Company Name | AWC BERHAD |
| Stock Name | AWC |
| Date Announced | 25 Nov 2020 |
| Category | General Meeting |
| Reference Number | GMA-23112020-00021 |
| Corporate Action ID | MY201123MEET0015 |