GENERAL MEETINGS: Outcome of Meeting
PWF CORPORATION BERHAD |
Type of Meeting | General |
Indicator | Outcome of Meeting |
Date of Meeting | 30 Sep 2021 |
Time | 04:00 PM |
Venue(s) |
Online Meeting Platfomr https://meeting.boardroomlimited.my Domain Registration No. with MYNIC - D6A357657) Malaysia |
Outcome of Meeting | The Board of Directors of PWF CORPORATION BHD ("the Company") is pleased to announce that all the resolutions as set out the Postponed 24th Annual General Meeting ("AGM") of the Company were duly passed by the shareholders of the Company at its 24th AGM duly held on 30 September 2021.
All the resolutions were voted by a poll and the results were validated by Sky Corporate Services Sdn Bhd, the independent scruitneer appointed by the Company.
This announcement is dated 30th September 2021 |
Voting Results |
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1. Ordinary Resolution 1 |
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Description |
To re-elect Ms. Ooi Ki Wei, the Executive Director of the Company, who retired in accordance with Article 88 of the Constitution of the Company, and being eligible offered herself for re-election |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 25 | 2 |
No. of Shares | 103,929,684 | 2,806 |
% of Voted Shares | 99.9973 | 0.0027 |
Result | Accepted | |
2. Ordinary Resolution 2 |
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Description |
To re-elect Dato Dr. Abdul Malek Bin Mohamed Hanafiah, the Independent Non-Executive Director of the Company, who retired in accordance with Article 88 of the Constitution of the Company, and being eligible offered himself for re-election |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 25 | 3 |
No. of Shares | 104,596,017 | 2,808 |
% of Voted Shares | 99.9973 | 0.0027 |
Result | Accepted | |
3. Ordinary Resolution 3 |
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Description |
To re-elect Tuan Zainal Bin Pandak, the Independent Non-Executive Director of the Company, who retired in accordance with Article 88 of the Constitution of the Company, and being eligible offered himself for re-election |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 25 | 3 |
No. of Shares | 104,596,017 | 2,808 |
% of Voted Shares | 99.9973 | 0.0027 |
Result | Accepted | |
4. Ordinary Resolution 4 |
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Description |
To approve Directors' Fees of up to RM388,000 for the financial year ending 31 December 2021 |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 25 | 3 |
No. of Shares | 104,596,017 | 2,808 |
% of Voted Shares | 99.9973 | 0.0027 |
Result | Accepted | |
5. Ordinary Resolution 5 |
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Description |
To approve the payment of benefits payable to the Directors of the Company up to an amount of RM55,000, from 30 June 2021 to the next AGM of the Company |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 23 | 5 |
No. of Shares | 104,595,977 | 2,848 |
% of Voted Shares | 99.9973 | 0.0027 |
Result | Accepted | |
6. Ordinary Resolution 6 |
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Description |
To re-appoint Messrs Grant Thornton Malaysia PLT as Auditors to hold office until the conclusion of the next AGM and to authorise the Board to fix their remuneration |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 27 | 1 |
No. of Shares | 104,598,776 | 49 |
% of Voted Shares | 99.9999 | 0.0001 |
Result | Accepted | |
7. Ordinary Resolution 7 |
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Description |
To approve the authority to issue and allot shares pursuant to Section 76 of the Companies Act 2016 |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 24 | 4 |
No. of Shares | 104,595,967 | 2,858 |
% of Voted Shares | 99.9973 | 0.0027 |
Result | Accepted | |
8. Ordinary Resolution 8 |
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Description |
To approve the Proposed Renewal Authority to Buy Back its Own Shares by the Company |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 24 | 4 |
No. of Shares | 104,595,967 | 2,858 |
% of Voted Shares | 99.9973 | 0.0027 |
Result | Accepted | |
9. Ordinary Resolution 9 |
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Description |
To retain Mr. Ong Kim Nam, who has served for more than nine (9) years as Independent Non-Executive Director of the Company, pursuant to Practice 4.2 of Malaysian Code on Corporate Governance. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 5 | 0 |
No. of Shares | 93,859,984 | 0 |
% of Voted Shares | 100.0000 | 0.0000 |
Result | Accepted | |
10. Ordinary Resolution 10 |
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Description |
To retain Tuan Zainal Bin Pandak, who has served for more than nine (9) years as Independent Non-Executive Director of the Company, pursuant to Practice 4.2 of Malaysian Code on Corporate Governance. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 5 | 0 |
No. of Shares | 93,859,984 | 0 |
% of Voted Shares | 100.0000 | 0.0000 |
Result | Accepted | |
11. Ordinary Resolution 11 |
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Description |
To approve the Proposed Renewal of the Dividend Reinvestment Plan |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 25 | 3 |
No. of Shares | 104,596,017 | 2,808 |
% of Voted Shares | 99.9973 | 0.0027 |
Result | Accepted | |
12. Ordinary Resolution 9 - Tier 2 |
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Description |
To retain Mr. Ong Kim Nam, who has served for more than nine (9) years as Independent Non-Executive Director of the Company, pursuant to Practice 4.2 of Malaysian Code on Corporate Governance. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 20 | 2 |
No. of Shares | 10,651,443 | 2,806 |
% of Voted Shares | 99.9737 | 0.0263 |
Result | Accepted | |
13. Ordinary Resolution 10 - Tier 2 |
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Description |
To retain Tuan Zainal Bin Pandak, who has served for more than nine (9) years as Independent Non-Executive Director of the Company, pursuant to Practice 4.2 of Malaysian Code on Corporate Governance. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 20 | 3 |
No. of Shares | 10,736,033 | 2,808 |
% of Voted Shares | 99.9739 | 0.0261 |
Result | Accepted | |
Announcement Info
Company Name | PWF CORPORATION BERHAD |
Stock Name | PWF |
Date Announced | 30 Sep 2021 |
Category | General Meeting |
Reference Number | GMA-28092021-00002 |
Corporate Action ID | MY210928MEET0002 |