GENERAL MEETINGS: Outcome of Meeting
XIAN LENG HOLDINGS BERHAD |
Type of Meeting | Extraordinary |
Indicator | Outcome of Meeting |
Date of Meeting | 22 Apr 2021 |
Time | 09:30 AM |
Venue(s) |
Balai TAR, The Royal Commonwealth Society of Malaysia, No. 4 Jalan Birah, Damansara Heights, 50490 Kuala Lumpur. Malaysia |
Outcome of Meeting | XIAN LENG HOLDINGS BERHAD ("Xianlng" or the "Company")
The Board of Directors of Xian Leng Holdings Berhad wishes to announce that the shareholders of the Company have at the Extraordinary General Meeting (EGM) held on 22 April 2021, approved all resolutions.
All resolutions were voted by poll and the results of the poll were validated by appointed scrutineer, Leou Associates PLT.
Please refer to the table below and the attachment for the poll results
The announcement is dated 22 April 2021. |
Voting Results |
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1. ORDINARY RESOLUTION 1 |
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Description |
PROPOSED FREE WARRANTS ISSUE OF UP TO 47,924,100 FREE WARRANTS (WARRANTS) IN XIAN LENG ON THE BASIS OF 1 WARRANT FOR EVERY 2 EXISTING ORDINARY SHARES IN XIAN LENG (XIAN LENG SHARES) HELD ON AN ENTITLEMENT DATE TO BE DETERMINED AND ANNOUNCED LATER (PROPOSED FREE WARRANTS ISSUE) |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 41 | 0 |
No. of Shares | 38,190,400 | 0 |
% of Voted Shares | 100.0000 | 0.0000 |
Result | Accepted | |
2. ORDINARY RESOLUTION 2 |
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Description |
PROPOSED ESTABLISHMENT AND IMPLEMENTATION OF A LONG TERM INCENTIVE PLAN OF UP TO 15% OF THE TOTAL NUMBER OF ISSUED ORDINARY SHARES OF XIAN LENG (EXCLUDING TREASURY SHARES, IF ANY) AT ANY POINT OF TIME DURING THE DURATION OF THE SCHEME FOR THE ELIGIBLE DIRECTORS OF XIAN LENG AND EMPLOYEES OF XIAN LENG AND ITS SUBSIDIARIES (XIAN LENG GROUP) (EXCLUDING SUBSIDIARY COMPANIES WHICH ARE DORMANT) (PROPOSED LTIP) |
|
Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 41 | 0 |
No. of Shares | 38,190,400 | 0 |
% of Voted Shares | 100.0000 | 0.0000 |
Result | Accepted | |
3. ORDINARY RESOLUTION 3 |
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Description |
PROPOSED AWARDING OF SGP AWARDS AND/OR ESOS AWARDS (COLLECTIVELY, LTIP AWARDS) TO KUAN KAI SENG, BEING THE EXECUTIVE DIRECTOR/ CHIEF EXECUTIVE OFFICER OF XIAN LENG |
|
Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 41 | 0 |
No. of Shares | 38,190,400 | 0 |
% of Voted Shares | 100.0000 | 0.0000 |
Result | Accepted | |
4. ORDINARY RESOLUTION 4 |
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Description |
PROPOSED AWARDING OF SGP AWARDS AND/OR ESOS AWARDS (COLLECTIVELY, LTIP AWARDS) TO NG MIN LIN, THE EXECUTIVE DIRECTOR/ CHAIRMAN OF XIAN LENG |
|
Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 41 | 0 |
No. of Shares | 38,190,400 | 0 |
% of Voted Shares | 100.0000 | 0.0000 |
Result | Accepted | |
5. ORDINARY RESOLUTION 5 |
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Description |
PROPOSED AWARDING OF SGP AWARDS AND/OR ESOS AWARDS (COLLECTIVELY, LTIP AWARDS) TO DATO NG JET HEONG, THE EXECUTIVE DIRECTOR OF XIAN LENG |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 40 | 0 |
No. of Shares | 32,738,800 | 0 |
% of Voted Shares | 100.0000 | 0.0000 |
Result | Accepted | |
6. ORDINARY RESOLUTION 6 |
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Description |
PROPOSED AWARDING OF SGP AWARDS AND/OR ESOS AWARDS (COLLECTIVELY, LTIP AWARDS) TO JASON FONG JIAN SHENG, THE SENIOR INDEPENDENT NON-EXECUTIVE DIRECTOR OF XIAN LENG |
|
Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 41 | 0 |
No. of Shares | 38,190,400 | 0 |
% of Voted Shares | 100.0000 | 0.0000 |
Result | Accepted | |
7. ORDINARY RESOLUTION 7 |
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Description |
PROPOSED AWARDING OF SGP AWARDS AND/OR ESOS AWARDS (COLLECTIVELY, LTIP AWARDS) TO CHEAH HANNON, THE INDEPENDENT NON-EXECUTIVE DIRECTOR OF XIAN LENG |
|
Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 41 | 0 |
No. of Shares | 38,190,400 | 0 |
% of Voted Shares | 100.0000 | 0.0000 |
Result | Accepted | |
8. ORDINARY RESOLUTION 8 |
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Description |
PROPOSED AWARDING OF SGP AWARDS AND/OR ESOS AWARDS (COLLECTIVELY, LTIP AWARDS) TO DATUK LIM SI CHENG, THE INDEPENDENT NON-EXECUTIVE DIRECTOR OF XIAN LENG |
|
Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 41 | 0 |
No. of Shares | 38,190,400 | 0 |
% of Voted Shares | 100.0000 | 0.0000 |
Result | Accepted | |
9. SPECIAL RESOLUTION 1 |
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Description |
PROPOSED CHANGE OF NAME FROM XIAN LENG HOLDINGS BERHAD TO XL HOLDINGS BERHAD |
|
Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 40 | 0 |
No. of Shares | 38,187,900 | 0 |
% of Voted Shares | 100.0000 | 0.0000 |
Result | Accepted | |
Please refer attachment below.
Announcement Info
Company Name | XIAN LENG HOLDINGS BERHAD |
Stock Name | XIANLNG |
Date Announced | 22 Apr 2021 |
Category | General Meeting |
Reference Number | GMA-22042021-00021 |
Corporate Action ID | MY210422MEET0021 |