GENERAL MEETINGS: Outcome of Meeting
| WILLOWGLEN MSC BERHAD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 19 May 2021 |
| Time | 10:00 AM |
| Venue(s) |
Broadcast Venue: Board Room, No. 1, Jalan 2/149B, Taman Sri Endah, Bandar Baru Sri Petaling, 57000 Kuala Lumpur Malaysia |
| Outcome of Meeting | The Board of Directors of Willowglen MSC Berhad (“the Company”) wishes to announce that all resolutions as set out in the Notice of the Twenty-Third Annual General Meeting ("23rd AGM") of the Company dated 20 April 2021 were duly passed by the shareholders of the Company at the 23rd AGM held today.
All the resolutions were voted by poll and the results of the poll were validated by Commercial Quest Sdn. Bhd., the Independent Scrutineer appointed by the Company. The details of the poll results are set out below.
This announcement is dated 19 May 2021. |
Voting Results |
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1. Ordinary Resolution 1 |
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| Description |
To re-elect Alfian Bin Tan Sri Mohamed Basir in accordance with Clause 124 of the Company's Constitution. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 57 | 7 |
| No. of Shares | 325,384,630 | 40,902 |
| % of Voted Shares | 99.9874 | 0.0126 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
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| Description |
To re-elect Wong Ah Chiew in accordance with Clause 124 of the Company's Constitution. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 57 | 7 |
| No. of Shares | 322,384,830 | 40,902 |
| % of Voted Shares | 99.9873 | 0.0127 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
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| Description |
To re-elect Syed Feisal Alhady in accordance with Clause 124 of the Company's Constitution. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 56 | 8 |
| No. of Shares | 325,364,828 | 40,904 |
| % of Voted Shares | 99.9874 | 0.0126 |
| Result | Accepted | |
4. Ordinary Resolution 4 |
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| Description |
To approve the payment of Directors' fees of RM245,000.00 for the financial year ended 31 December 2020. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 48 | 15 |
| No. of Shares | 322,334,930 | 70,802 |
| % of Voted Shares | 99.9780 | 0.0220 |
| Result | Accepted | |
5. Ordinary Resolution 5 |
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| Description |
To approve the payment of Directors' benefits to the Independent Non-Executive Directors up to RM40,000.00 from a day after the Twenty-Third AGM until the next AGM of the Company in year 2022. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 49 | 16 |
| No. of Shares | 325,336,928 | 88,804 |
| % of Voted Shares | 99.9727 | 0.0273 |
| Result | Accepted | |
6. Ordinary Resolution 6 |
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| Description |
To re-appoint Messrs. Baker Tilly Monteiro Heng PLT as Auditors of the Company until the conclusion of the next AGM and to authorise the Directors to fix their remuneration. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 58 | 7 |
| No. of Shares | 325,386,828 | 38,904 |
| % of Voted Shares | 99.9880 | 0.0120 |
| Result | Accepted | |
7. Ordinary Resolution 7 |
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| Description |
Retention of Wang Shi Tsang As an Independent Non-Executive Director |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 1 | 0 |
| No. of Shares | 267,605,214 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
8. Ordinary Resolution 8 |
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| Description |
Retention of Alfian Bin Tan Sri Mohamed Basir As an Independent Non-Executive Director |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 1 | 0 |
| No. of Shares | 267,605,214 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
9. Ordinary Resolution 9 |
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| Description |
Authority To Issue Shares Pursuant To The Companies Act 2016 |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 50 | 15 |
| No. of Shares | 325,177,328 | 248,404 |
| % of Voted Shares | 99.9237 | 0.0763 |
| Result | Accepted | |
10. Ordinary Resolution 10 |
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| 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 | 44 | 13 |
| No. of Shares | 32,360,514 | 88,304 |
| % of Voted Shares | 99.7279 | 0.2721 |
| Result | Accepted | |
11. Ordinary Resolution 11 |
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| Description |
Proposed New Shareholders' Mandate For Recurrent Related Party Transactions of A Revenue Or Trading Nature |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 47 | 12 |
| No. of Shares | 54,864,514 | 83,304 |
| % of Voted Shares | 99.8484 | 0.1516 |
| Result | Accepted | |
12. Ordinary Resolution 12 |
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| Description |
Proposed Renewal of Share Buy-Back Authority |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 60 | 5 |
| No. of Shares | 325,394,630 | 31,102 |
| % of Voted Shares | 99.9904 | 0.0096 |
| Result | Accepted | |
13. Ordinary Resolution 7 (Tier 2) |
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| Description |
Retention of Wang Shi Tsang As an Independent Non-Executive Director |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 55 | 8 |
| No. of Shares | 57,779,514 | 40,904 |
| % of Voted Shares | 99.9293 | 0.0707 |
| Result | Accepted | |
14. Ordinary Resolution 8 (Tier 2) |
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| Description |
Retention of Alfian Bin Tan Sri Mohamed Basir As an Independent Non-Executive Director |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 56 | 7 |
| No. of Shares | 57,779,516 | 40,902 |
| % of Voted Shares | 99.9293 | 0.0707 |
| Result | Accepted | |
Announcement Info
| Company Name | WILLOWGLEN MSC BERHAD |
| Stock Name | WILLOW |
| Date Announced | 19 May 2021 |
| Category | General Meeting |
| Reference Number | GMA-17052021-00017 |
| Corporate Action ID | MY210517MEET0013 |