GENERAL MEETINGS: Outcome of Meeting
| SPRING ART HOLDINGS BERHAD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 29 Jun 2021 |
| Time | 11:00 AM |
| Venue(s) |
Online Meeting Platform at https://tiih.online provided by Tricor Investor & Issuing House Services Sdn. Bhd. Malaysia |
| Outcome of Meeting | The Board of Directors of Spring Art Holdings Berhad ("the Company") is pleased to announce that all the resolutions as set out in the Notice of Third Annual General Meeting of the Company ("3rd AGM") dated 28 May 2021 were duly passed by way of poll at the 3rd AGM held on Tuesday, 29 June 2021 at 11:00 a. m..
The results of the poll were duly validated by the Independent Scrutineer, YTC Management Solutions.
This announcement is dated 29 June 2021.
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Voting Results |
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1. Ordinary Resolution 1 |
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| Description |
To approve the payment of Directors' fees and allowances up to RM1,600,000 for the financial year ending 31 December 2021 payable monthly in arrears after each month of completed service of the Directors during the subject financial year. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 31 | 4 |
| No. of Shares | 297,612,000 | 513,900 |
| % of Voted Shares | 99.8276 | 0.1724 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
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| Description |
To declare a final single tier dividend of 0.4 sen per ordinary share in respect of the financial year ended 31 December 2020. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 34 | 1 |
| No. of Shares | 298,115,900 | 10,000 |
| % of Voted Shares | 99.9966 | 0.0034 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
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| Description |
To re-elect Kwan Chian Poh, the Director who retire in accordance with Clause 90 of the Company's Constitution. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 32 | 3 |
| No. of Shares | 298,110,600 | 15,300 |
| % of Voted Shares | 99.9949 | 0.0051 |
| Result | Accepted | |
4. Ordinary Resolution 4 |
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| Description |
To re-elect Law Sang Thiam, the Director who retire in accordance with Clause 90 of the Company's Constitution. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 31 | 4 |
| No. of Shares | 298,110,500 | 15,400 |
| % of Voted Shares | 99.9948 | 0.0052 |
| Result | Accepted | |
5. Ordinary Resolution 5 |
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| Description |
To approve the appointment of Messrs. Crowe Malaysia PLT in place of retiring Auditors, Messrs Grant Thornton Malaysia PLT for which Notice of Nomination as set out in Appendix A of the 2020 Annual Report has been received and to authorise the Directors to fix their remuneration. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 32 | 3 |
| No. of Shares | 298,110,800 | 15,100 |
| % of Voted Shares | 99.9949 | 0.0051 |
| Result | Accepted | |
6. Ordinary Resolution 6 |
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| Description |
Proposed authority to Directors to allot and issue shares pursuant to Section 75 of the Companies Act 2016 |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 29 | 4 |
| No. of Shares | 297,509,200 | 513,700 |
| % of Voted Shares | 99.8276 | 0.1724 |
| Result | Accepted | |
Announcement Info
| Company Name | SPRING ART HOLDINGS BERHAD |
| Stock Name | SPRING |
| Date Announced | 29 Jun 2021 |
| Category | General Meeting |
| Reference Number | GMA-21062021-00002 |
| Corporate Action ID | MY210621MEET0002 |