ASIABRN

0.495

(%)

GENERAL MEETINGS: Outcome of Meeting

ASIA BRANDS BERHAD

Type of Meeting General
Indicator Outcome of Meeting
Date of Meeting 29 Aug 2022
Time 09:00 AM

Venue(s) 
Conference Room of the Company,

Lot 10449, Jalan Nenas, Batu 4 1/2, Kampung Jawa,

41000 Klang,

Selangor Darul Ehsan

Malaysia

Outcome of Meeting 
The Board of Directors of Asia Brands Berhad wishes to announce that all of the resolutions as set out in the Notice of the Forty-Seventh Annual General Meeting ("47th AGM") dated 29 July 2022 were duly passed by the shareholders at the 47th AGM held today.

All of the resolutions were voted by poll and the results of the poll were validated by Commercial Quest Sdn. Bhd., the Independent Scrutineer appointed by the Company.

Details of the results of the polling in respect of all the resolutions at the 47th AGM are set out below.

This announcement is dated 29 August 2022.

Voting Results

1. Resolution 1

Description 
To approve the payment of Directors fees and benefits to the Non-Executive Directors of the Company from the conclusion of the 47th AGM up till the conclusion of the next Annual General Meeting of the Company to be held in 2023.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 16 0
No. of Shares 174,446,543 0
% of Voted Shares 100.0000 0.0000
Result Accepted

2. Resolution 2

Description 
To  re-elect Mr. Kong Sau Kian, who retires pursuant to Clause 118 of the Company's Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 15 1
No. of Shares 174,446,443 100
% of Voted Shares 99.9999 0.0001
Result Accepted

3. Resolution 3

Description 
To re-appoint Messrs. Reanda LLKG International as Auditors of the Company and to authorise the Directors to fix their remuneration.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 16 0
No. of Shares 174,446,543 0
% of Voted Shares 100.0000 0.0000
Result Accepted

4. Resolution 4

Description 
Ordinary Resolution 1
Authority to Issue and Allot Shares Pursuant to the Companies Act, 2016.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 16 0
No. of Shares 174,446,543 0
% of Voted Shares 100.0000 0.0000
Result Accepted

5. Resolution 5

Description 
Ordinary Resolution 2
Proposed Renewal of Existing Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 11 0
No. of Shares 873,901 0
% of Voted Shares 100.0000 0.0000
Result Accepted

6. Resolution 6

Description 
Ordinary Resolution 3
Proposed Renewal of Share Buy Back Authority of up to Ten Percent (10%) of the Total Number of Issues Shares of the Company
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 16 0
No. of Shares 174,446,543 0
% of Voted Shares 100.0000 0.0000
Result Accepted

7. Resolution 7

Description 
Special Resolution
Proposed Amendments to the Constitution of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 16 0
No. of Shares 174,446,543 0
% of Voted Shares 100.0000 0.0000
Result Accepted





Announcement Info

Company Name ASIA BRANDS BERHAD
Stock Name ASIABRN
Date Announced 29 Aug 2022
Category General Meeting
Reference Number GMA-01082022-00002
Corporate Action ID MY220801MEET0002


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