GENERAL MEETINGS: Outcome of Meeting
| WANG-ZHENG BERHAD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 23 Jun 2021 |
| Time | 11:00 AM |
| Venue(s) |
Broadcast Venue at No. 1 Jalan Utarid U5/19 Section U5 40150 Shah Alam, Selangor Malaysia |
| Outcome of Meeting | The Board of Directors of Wang-Zheng Berhad ("Wang-Zheng" or "the Company") wishes to announce that the shareholders of Wang-Zheng have at its Eighteenth ("18th") Annual General Meeting ("AGM") held on 23 June 2021 passed all the resolutions as set out in the Notice of AGM dated 25 May 2021 by way of voting on poll.
The Broadcast Venue of the 18th AGM of the Company has been changed to the online meeting platform of V-cube Malaysia Sdn Bhd located at BO1-A-09, Menara 2, KL Eco City, Jalan Bangsar, 59200 Kuala Lumpur, Malaysia.
The results of the poll were validated by SLCC Networks Sdn. Bhd, the Scrutineers appointed by the Company.
This announcement is dated 23 June 2021 |
Voting Results |
||
1. Ordinary Resolution 1 |
||
| Description |
To approve the payment of the First and Final Single Tier Tax Exempt Dividend of 3.0 sen per share under the single-tier system in respect of the financial year ended 31 December 2020. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 28 | 0 |
| No. of Shares | 98,339,267 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
||
| Description |
To approve the payment of Directors' fees of up to RM162,000 and other benefits of up to RM120,000 in respect of the period from 23 June 2021 until the conclusion of the next AGM of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 21 | 1 |
| No. of Shares | 98,233,964 | 200 |
| % of Voted Shares | 99.9998 | 0.0002 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
||
| Description |
To re-elect Hui Lin Chit, who retires by rotation in accordance with Article 105(1) of the Constitution of the Company and being eligible, has offered himself for re-election. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 27 | 0 |
| No. of Shares | 98,339,167 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
4. Ordinary Resolution 4 |
||
| Description |
To re-elect Li Wai Leung, who retires by rotation in accordance with Article 105(1) of the Constitution of the Company and being eligible, has offered himself for re-election. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 11 | 0 |
| No. of Shares | 97,017,856 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
5. Ordinary Resolution 5 |
||
| Description |
To re-elect Wong Pui Wai Nancy, who retires by rotation in accordance with Article 105(1) of the Constitution of the Company and being eligible, has offered herself for re-election. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 27 | 0 |
| No. of Shares | 98,339,167 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
6. Ordinary Resolution 6 |
||
| Description |
To re-appoint Messrs PricewaterhouseCoopers PLT ("PwC") as auditors of the Company and to authorise the Directors to fix their remuneration.
|
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 24 | 3 |
| No. of Shares | 98,338,961 | 206 |
| % of Voted Shares | 99.9998 | 0.0002 |
| Result | Accepted | |
7. Ordinary Resolution 7 |
||
| Description |
To approve Maj Gen Dato' Pahlawan Dr Mohona Dass A/L Ramasamy (Rtd) whom has served as an Independent Non-Executive Director ("INED") for more than twelve years, to continue to act as INED of the Company.
|
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 1 | 0 |
| No. of Shares | 90,862,933 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
8. Ordinary Resolution 8 |
||
| Description |
To approve Loo Choo Hong whom has served as an Independent Non-Executive Director ("INED") for more than twelve years, to continue to act as INED of the Company.
|
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 1 | 0 |
| No. of Shares | 90,862,933 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
9. Ordinary Resolution 9 |
||
| Description |
To approve Ch'ng Eng Hing whom has served as an Independent Non-Executive Director ("INED") for more than twelve years, to continue to act as INED of the Company.
|
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 1 | 0 |
| No. of Shares | 90,862,933 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
10. Ordinary Resolution 10 |
||
| Description |
To approve Low Yu Keat whom has served as an Independent Non-Executive Director ("INED") for more than twelve years, to continue to act as INED of the Company.
|
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 1 | 0 |
| No. of Shares | 90,862,933 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
11. Ordinary Resolution 11 |
||
| Description |
Proposed renewal of existing shareholders' mandate for recurrent related party transactions of a revenue or trading nature ("Proposed Shareholders' Mandate").
|
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 26 | 1 |
| No. of Shares | 7,476,134 | 200 |
| % of Voted Shares | 99.9973 | 0.0027 |
| Result | Accepted | |
12. Ordinary Resolution 12 |
||
| Description |
Authority to issue and allot shares pursuant to sections 75 and 76 of the Act. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 25 | 2 |
| No. of Shares | 98,339,161 | 6 |
| % of Voted Shares | 99.9999 | 0.0001 |
| Result | Accepted | |
13. Ordinary Resolution 13 |
||
| Description |
Proposed renewal of authority to purchase its own shares of up to 10% of the total number of issued shares in the company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 26 | 0 |
| No. of Shares | 98,339,067 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
14. Special Resolution 1 |
||
| Description |
Proposed Amendments to the Constitution of the Company ("Proposed Amendments").
|
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 27 | 0 |
| No. of Shares | 98,339,167 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
15. Ordinary Resolution 7 - Tier 2 |
||
| Description |
To approve Maj Gen Dato' Pahlawan Dr Mohona Dass A/L Ramasamy (Rtd) whom has served as an Independent Non-Executive Director ("INED") for more than twelve years, to continue to act as INED of the Company.
|
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 25 | 0 |
| No. of Shares | 7,471,234 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
16. Ordinary Resolution 8 - Tier 2 |
||
| Description |
To approve Loo Choo Hong whom has served as an Independent Non-Executive Director ("INED") for more than twelve years, to continue to act as INED of the Company.
|
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 25 | 0 |
| No. of Shares | 7,446,332 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
17. Ordinary Resolution 9 - Tier 2 |
||
| Description |
To approve Ch'ng Eng Hing whom has served as an Independent Non-Executive Director ("INED") for more than twelve years, to continue to act as INED of the Company.
|
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 24 | 0 |
| No. of Shares | 7,456,134 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
18. Ordinary Resolution 10 - Tier 2 |
||
| Description |
To approve Low Yu Keat whom has served as an Independent Non-Executive Director ("INED") for more than twelve years, to continue to act as INED of the Company.
|
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 24 | 0 |
| No. of Shares | 7,456,134 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
Announcement Info
| Company Name | WANG-ZHENG BERHAD |
| Stock Name | WANGZNG |
| Date Announced | 23 Jun 2021 |
| Category | General Meeting |
| Reference Number | GMA-23062021-00021 |
| Corporate Action ID | MY210623MEET0018 |