GENERAL MEETINGS: Outcome of Meeting
| ENCORP BERHAD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 29 Jun 2022 |
| Time | 03:00 PM |
| Venue(s) |
Broadcast Venue Executive Lounge, Third Floor, Encorp Berhad, No 46-3, Jalan PJU 5/22, Pusat Perdagangan Kota Damansara, Kota Damansara PJU 5, 47810 Petaling Jaya, Selangor Darul Ehsan, Malaysia |
| Outcome of Meeting | The Board of Directors of Encorp Berhad ("Encorp or "Company") is pleased to announce that at the Twenty-Second Annual General Meeting ("22nd AGM") of the Company held on 29 June 2022, the shareholders of the Company had approved all the resolutions except for resolution no. 5 and resolution no. 8 as set out in the Notice of the 22nd AGM dated 29 April 2022.
With regard to resolution no. 5 in the said Notice, Datuk Shireen Ann Zaharah Binti Muhiudeen who retired in accordance with Clause 106 of the Constitution of the Company, had notified to the Board of Directors of her intention not to seek for re-election as Director of the Company. In view of that, resolution no. 5 was regarded as irrelevant.
All the resolutions (except resolution no. 5) were voted by poll and the results of the poll were validated by Commercial Quest Sdn. Bhd., the Independent Scrutineer appointed by the Company.
The detailed results of the poll are set out in the table of "Voting Results" below.
This announcement is dated 29 June 2022. |
Voting Results |
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1. Ordinary Resolution 1 |
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| Description |
To approve the Directors fees of up to RM700,000 from the conclusion of 22nd AGM until the next AGM of the Company, to be payable on a quarterly basis in arrears. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 106 | 19 |
| No. of Shares | 244,912,857 | 1,639 |
| % of Voted Shares | 99.9993 | 0.0007 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
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| Description |
To approve the payment of Directors benefits of up to RM170,000 being meeting attendance allowances and up to RM85,000 for each Director being the medical benefits, from the conclusion of 22nd AGM until the next AGM of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 104 | 21 |
| No. of Shares | 244,912,657 | 1,839 |
| % of Voted Shares | 99.9992 | 0.0008 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
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| Description |
To re-elect Mahadzir Bin Mustafa who retires in accordance with Clause 99 of the Constitution of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 111 | 14 |
| No. of Shares | 244,914,065 | 431 |
| % of Voted Shares | 99.9998 | 0.0002 |
| Result | Accepted | |
4. Ordinary Resolution 4 |
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| Description |
To re-elect Tuan Haji Sr. Mohd Ali Bin Abd Karim who retires in accordance with Clause 106 of the Constitution of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 111 | 14 |
| No. of Shares | 244,914,065 | 431 |
| % of Voted Shares | 99.9998 | 0.0002 |
| Result | Accepted | |
5. Ordinary Resolution 5 |
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| Description |
To re-elect YBhg Datuk Shireen Ann Zaharah Binti Muhiudeen who retires in accordance with Clause 106 of the Constitution of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 111 | 14 |
| No. of Shares | 244,914,065 | 431 |
| % of Voted Shares | 99.9998 | 0.0002 |
| Result | Withdrawn/ Postponed | |
6. Ordinary Resolution 6 |
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| Description |
To re-elect Tuan Haji Lukman Bin Abu Bakar who retires in accordance with Clause 106 of the Constitution of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 112 | 13 |
| No. of Shares | 244,914,067 | 429 |
| % of Voted Shares | 99.9998 | 0.0002 |
| Result | Accepted | |
7. Ordinary Resolution 7 |
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| Description |
To re-appoint Messrs Ernst & Young PLT as Auditors of the Company until the conclusion of the next AGM and to authorise the Directors to fix the Auditors remuneration. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 112 | 13 |
| No. of Shares | 244,914,067 | 429 |
| % of Voted Shares | 99.9998 | 0.0002 |
| Result | Accepted | |
8. Ordinary Resolution 8 |
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| Description |
To approve the proposed authority to allot shares pursuant to Sections 75 and 76 of the Companies Act 2016. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 111 | 14 |
| No. of Shares | 47,846,541 | 197,067,955 |
| % of Voted Shares | 19.5360 | 80.4640 |
| Result | Rejected | |
9. Ordinary Resolution 9 |
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| Description |
To approve the proposed renewal of authority for share buy-back. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 114 | 11 |
| No. of Shares | 244,914,167 | 329 |
| % of Voted Shares | 99.9999 | 0.0001 |
| Result | Accepted | |
10. Ordinary Resolution 10 |
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| Description |
To approve the proposed shareholders' mandate for recurrent related party transactions of a revenue or trading nature as specified in Section 2.3 of the Circular to Shareholders dated 29 April 2022. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 110 | 13 |
| No. of Shares | 7,846,541 | 429 |
| % of Voted Shares | 99.9945 | 0.0055 |
| Result | Accepted | |
Please refer attachment below.
Announcement Info
| Company Name | ENCORP BERHAD |
| Stock Name | ENCORP |
| Date Announced | 29 Jun 2022 |
| Category | General Meeting |
| Reference Number | GMA-21062022-00002 |
| Corporate Action ID | MY220621MEET0001 |