XL

0.750

(%)

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


1. ORDINARY RESOLUTION 1

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)
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

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

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

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

Description
PROPOSED AWARDING OF SGP AWARDS AND/OR ESOS AWARDS (COLLECTIVELY, LTIP AWARDS) TO DATO NG JET HEONG, THE EXECUTIVE DIRECTOR OF XIAN LENG
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

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

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

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

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.

Attachments

Result of EGM.pdf
37.4 kB




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