GENERAL MEETINGS: Outcome of Meeting
| GADANG HOLDINGS BHD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 09 Nov 2022 |
| Time | 10:00 AM |
| Venue(s) |
Online Meeting Platform via TIIH Online website at https://tiih.online provided by Tricor Investor & Issuing House Services Sdn Bhd Malaysia |
| Outcome of Meeting | Gadang Holdings Berhad ("the Company") is pleased to announce that all the ordinary resolutions as set out in the Notice of 29th Annual General Meeting ("AGM") of the Company dated 29 September 2022 were duly passed by way of remote poll voting at the 29th AGM held on 9 November 2022.
The results of the poll were duly verified by Coopers Professional Scrutineers Sdn Bhd, the Independent Scrutineer appointed by the Company. The details of the poll results are set out below.
This announcement is dated 9 November 2022. |
Voting Results |
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1. Ordinary Resolution 1 |
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| Description |
To approve the payment of a first and final dividend of 0.7 sen per share in respect of the financial year ended 31 May 2022. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 198 | 19 |
| No. of Shares | 225,834,449 | 53,107 |
| % of Voted Shares | 99.9765 | 0.0235 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
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| Description |
To approve the payment of Directors' fees of RM350,000 for the financial year ending 31 May 2023, to be made payable quarterly. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 168 | 47 |
| No. of Shares | 225,262,922 | 237,834 |
| % of Voted Shares | 99.8945 | 0.1055 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
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| Description |
To approve the payment of benefits payable to the Non-Executive Directors of the Company up to an amount of RM150,000 from 10 November 2022 until the next Annual General Meeting of the Company. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 164 | 49 |
| No. of Shares | 225,257,543 | 197,311 |
| % of Voted Shares | 99.9125 | 0.0875 |
| Result | Accepted | |
4. Ordinary Resolution 4 |
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| Description |
To re-elect Tan Sri Dato' Seri Dr. Mohamed Ismail bin Merican who retires by rotation pursuant to Clause 108 of the Company's Constitution and being eligible, has offered himself for re-election. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 187 | 30 |
| No. of Shares | 225,818,707 | 68,849 |
| % of Voted Shares | 99.9695 | 0.0305 |
| Result | Accepted | |
5. Ordinary Resolution 5 |
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| Description |
To re-elect Ms Kok Pei Ling who retires by rotation pursuant to Clause 108 of the Company's Constitution and being eligible, has offered herself for re-election. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 184 | 29 |
| No. of Shares | 31,696,059 | 69,844 |
| % of Voted Shares | 99.7801 | 0.2199 |
| Result | Accepted | |
6. Ordinary Resolution 6 |
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| Description |
To re-elect Ms Wong Ping Eng who retires pursuant to Clause 115 of the Company's Constitution and being eligible, has offered herself for re-election. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 187 | 30 |
| No. of Shares | 225,817,707 | 69,849 |
| % of Voted Shares | 99.9691 | 0.0309 |
| Result | Accepted | |
7. Ordinary Resolution 7 |
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| Description |
To re-appoint Crowe Malaysia PLT as Auditors of the Company for the financial year ending 31 May 2023 and to authorise the Directors to fix their remuneration. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 191 | 26 |
| No. of Shares | 225,276,337 | 611,219 |
| % of Voted Shares | 99.7294 | 0.2706 |
| Result | Accepted | |
8. Ordinary Resolution 8 |
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| Description |
To grant the Directors the authority to issue shares pursuant to Sections 75 and 76 of the Companies Act, 2016. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 180 | 37 |
| No. of Shares | 225,785,930 | 101,626 |
| % of Voted Shares | 99.9550 | 0.0450 |
| Result | Accepted | |
9. Ordinary Resolution 9 |
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| Description |
To approve the proposed renewal of shareholders' mandate for recurrent related party transactions of a revenue or trading nature. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 180 | 32 |
| No. of Shares | 31,252,454 | 75,349 |
| % of Voted Shares | 99.7595 | 0.2405 |
| Result | Accepted | |
Please refer attachment below.
Announcement Info
| Company Name | GADANG HOLDINGS BHD |
| Stock Name | GADANG |
| Date Announced | 09 Nov 2022 |
| Category | General Meeting |
| Reference Number | GMA-09112022-00002 |
| Corporate Action ID | MY221109MEET0002 |