GENERAL MEETINGS: Outcome of Meeting
| YBS INTERNATIONAL BERHAD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 23 Sep 2021 |
| Time | 11:00 AM |
| Venue(s) |
Online meeting platform: GoToWebinar by megacorp.com.my provided by Mega Corporate Services Sdn. Bhd. Malaysia |
| Outcome of Meeting | 19TH ANNUAL GENERAL MEETING DULY CONVENED AND HELD ON SEPTEMBER 23, 2021 (THE ”AGM”)
On behalf of the Board of Directors of YBS International Berhad (the “Company” or “YBS”), we wish to inform that Cygnus Technology Solutions Sdn. Bhd. was appointed by YBS as scrutineer to validate the votes cast at the AGM. The poll-voting results of the AGM are as below.
The key matters being discussed at the AGM will be make available on the Company's website within 1 month from this announcement. |
Voting Results |
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1. Ordinary Resolution 1 |
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| Description |
To approve the payment of Directors Fees of up to RM169,000/- for the period from 1 October 2021 until the next Annual General Meeting of the Company. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 44 | 5 |
| No. of Shares | 107,336,855 | 11,300 |
| % of Voted Shares | 99.9895 | 0.0105 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
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| Description |
To approve the Directors benefits (excluding Directors Fee) payable of up to RM29,800/- for the period from 1 October 2021 until the next Annual General Meeting of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 42 | 7 |
| No. of Shares | 107,325,855 | 22,300 |
| % of Voted Shares | 99.9792 | 0.0208 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
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| Description |
To re-elect Mr. Yong Chan Cheah, a Director retiring pursuant to Paragraph 102(1) of the Company's Constitution, and who being eligible, offered himself for re-election. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 48 | 1 |
| No. of Shares | 107,346,155 | 2,000 |
| % of Voted Shares | 99.9981 | 0.0019 |
| Result | Accepted | |
4. Ordinary Resolution 4 |
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| Description |
To re-elect Mr. Low Hee Chung, a Director retiring pursuant to Paragraph 102(1) of the Company's Constitution, and who being eligible, offered himself for re-election. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 48 | 1 |
| No. of Shares | 107,346,155 | 2,000 |
| % of Voted Shares | 99.9981 | 0.0019 |
| Result | Accepted | |
5. Ordinary Resolution 5 |
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| Description |
To re-elect Dato Jimmy Ong Chin Keng, a Director retiring under Paragraph 107(2) of the Company's Constitution and who, being eligible offer himself for re-election. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 48 | 1 |
| No. of Shares | 107,346,155 | 2,000 |
| % of Voted Shares | 99.9981 | 0.0019 |
| Result | Accepted | |
6. Ordinary Resolution 6 |
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| Description |
To re-appoint Messrs. Crowe Malaysia PLT as Auditors of the Company for the ensuing year and to authorise the Directors to fix their remuneration. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 48 | 1 |
| No. of Shares | 107,346,155 | 2,000 |
| % of Voted Shares | 99.9981 | 0.0019 |
| Result | Accepted | |
7. Ordinary Resolution 7 |
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| Description |
To authorise Mr. Low Hee Chung to continue to serve as Independent Non-Executive Director of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 48 | 1 |
| No. of Shares | 107,346,155 | 2,000 |
| % of Voted Shares | 99.9981 | 0.0019 |
| Result | Accepted | |
8. Ordinary Resolution 8 |
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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 | 46 | 3 |
| No. of Shares | 107,344,955 | 3,200 |
| % of Voted Shares | 99.9970 | 0.0030 |
| Result | Accepted | |
9. Ordinary Resolution 9 |
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| Description |
To approve the proposed renewal of authority to purchase up to ten percent (10%) of its own shares in the total number of issued shares of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 46 | 3 |
| No. of Shares | 107,344,955 | 3,200 |
| % of Voted Shares | 99.9970 | 0.0030 |
| Result | Accepted | |
Announcement Info
| Company Name | YBS INTERNATIONAL BERHAD |
| Stock Name | YBS |
| Date Announced | 23 Sep 2021 |
| Category | General Meeting |
| Reference Number | GMA-23092021-00005 |
| Corporate Action ID | MY210923MEET0005 |