GENERAL MEETINGS: Outcome of Meeting
| POWERWELL HOLDINGS BERHAD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 26 Aug 2022 |
| Time | 10:00 AM |
| Venue(s) |
Broadcast Venue No. 1B, Jalan Anggerik Mokara 31/48 Seksyen 31, Kota Kemuning 40460 Shah Alam, Selangor 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 Seventeenth 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 26 August 2022. |
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 | 55 | 9 |
| No. of Shares | 403,784,826 | 142,200 |
| % of Voted Shares | 99.9648 | 0.0352 |
| Result | Accepted | |
2. Resolution 2 |
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| Description |
Re-election of Mr Tang Yuen Kin as Director |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 62 | 2 |
| No. of Shares | 403,857,026 | 70,000 |
| % of Voted Shares | 99.9827 | 0.0173 |
| Result | Accepted | |
3. Resolution 3 |
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| Description |
Re-election of Puan Selma Enolil Binti Mustapha Khalil as Director |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 63 | 1 |
| No. of Shares | 403,917,026 | 10,000 |
| % of Voted Shares | 99.9975 | 0.0025 |
| 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 | 62 | 2 |
| No. of Shares | 403,877,026 | 50,000 |
| % of Voted Shares | 99.9876 | 0.0124 |
| 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 | 60 | 4 |
| No. of Shares | 403,851,026 | 76,000 |
| % of Voted Shares | 99.9812 | 0.0188 |
| Result | Accepted | |
Announcement Info
| Company Name | POWERWELL HOLDINGS BERHAD |
| Stock Name | PWRWELL |
| Date Announced | 26 Aug 2022 |
| Category | General Meeting |
| Reference Number | GMA-25082022-00007 |
| Corporate Action ID | MY220825MEET0007 |