GENERAL MEETINGS: Outcome of Meeting
| POWERWELL HOLDINGS BERHAD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 15 Sep 2021 |
| Time | 10:00 AM |
| Venue(s) |
Online meeting platform at megacorp.com.my provided by Mega Corporate Services Sdn Bhd Malaysia |
| Outcome of Meeting | The Board of Directors of Powerwell Holdings Berhad ("the Company") is pleased to announce that all of the resolutions tabled at the Sixteenth Annual General Meeting held today were duly passed by the shareholders of the Company. All of the resolutions were voted by poll and the results were validated by Cygnus Technology Solutions Sdn Bhd, the Independent Scrutineer appointed by the Company.
The details of the results of the poll are set out below.
This announcement is dated 15 September 2021. |
Voting Results |
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1. Resolution 1 |
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| Description |
Approval of the payment of Directors fees and benefits |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 45 | 7 |
| No. of Shares | 430,369,300 | 467,100 |
| % of Voted Shares | 99.8916 | 0.1084 |
| Result | Accepted | |
2. Resolution 2 |
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| Description |
Re-election of Madam Wong Yoke Yen as Director |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 51 | 1 |
| No. of Shares | 430,416,400 | 420,000 |
| % of Voted Shares | 99.9025 | 0.0975 |
| Result | Accepted | |
3. Resolution 3 |
||
| Description |
Re-election of Mr Lee Chee Ming as Director |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 51 | 1 |
| No. of Shares | 430,416,400 | 420,000 |
| % of Voted Shares | 99.9025 | 0.0975 |
| Result | Accepted | |
4. Resolution 4 |
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| Description |
Re-appointment of BDO PLT as Auditors |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 52 | 0 |
| No. of Shares | 430,836,400 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
5. Resolution 5 |
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| Description |
Authority for Directors to allot and issue shares |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 51 | 3 |
| No. of Shares | 430,376,400 | 460,000 |
| % of Voted Shares | 99.8932 | 0.1068 |
| Result | Accepted | |
Announcement Info
| Company Name | POWERWELL HOLDINGS BERHAD |
| Stock Name | PWRWELL |
| Date Announced | 15 Sep 2021 |
| Category | General Meeting |
| Reference Number | GMA-14092021-00003 |
| Corporate Action ID | MY210914MEET0003 |