GENERAL MEETINGS: Outcome of Meeting
| REVENUE GROUP BERHAD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 06 Dec 2022 |
| Time | 10:00 AM |
| Venue(s) |
Ballroom I & II, Main Wing Tropicana Golf & Country Resort Jalan Kelab Tropicana 47410 Petaling Jaya, Selangor Malaysia |
| Outcome of Meeting | The Board of Directors of Revenue Group Berhad (“REVENUE” or the “Company”) is pleased to announce that all resolutions as set out in the Notice of the Fifth Annual General Meeting ("5th AGM") of the Company dated 31 October 2022 were duly passed by the shareholders of the Company at the 5th AGM held today, 6 December 2022.
The voting in respect of all the resolutions were carried out by way of poll and the results were validated by CSC Securities Services Sdn. Bhd., the independent Scrutineer appointed by the Company.
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Voting Results |
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1. Ordinary Resolution 1 |
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| Description |
To approve the payment of Directors' fees and other benefits of up to an amount of RM510,000 to Non-Executive Directors for the period commencing from 6 December 2022 until the conclusion of the next Annual General Meeting of the Company. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 61 | 23 |
| No. of Shares | 112,170,176 | 110,758,189 |
| % of Voted Shares | 50.3167 | 49.6833 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
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| Description |
To re-elect Encik Nor Azzam Bin Abdul Jalil who is retiring in accordance with Article 101 of the Company's Constitution. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 71 | 12 |
| No. of Shares | 112,359,890 | 110,568,475 |
| % of Voted Shares | 50.4018 | 49.5982 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
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| Description |
To re-elect Datuk Ng Chee Siong who is retiring in accordance with Article 101 of the Company's Constitution. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 72 | 11 |
| No. of Shares | 112,360,857 | 110,567,508 |
| % of Voted Shares | 50.4022 | 49.5978 |
| Result | Accepted | |
4. Ordinary Resolution 4 |
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| Description |
To re-elect Ms Loo Jo Anne who is retiring in accordance with Article 101 of the Company's Constitution. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 72 | 11 |
| No. of Shares | 112,360,857 | 110,567,508 |
| % of Voted Shares | 50.4022 | 49.5978 |
| Result | Accepted | |
5. Ordinary Resolution 5 |
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| Description |
To re-elect Ms Jade Lee Gaik Suan who is retiring in accordance with Article 107 of the Company's Constitution. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 72 | 11 |
| No. of Shares | 112,360,923 | 110,567,442 |
| % of Voted Shares | 50.4023 | 49.5977 |
| Result | Accepted | |
6. Ordinary Resolution 6 |
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| Description |
To re-elect Madam Alwizah Al-Yafii Binti Ahmad Kamal who is retiring in accordance with Article 107 of the Company's Constitution. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 71 | 12 |
| No. of Shares | 112,359,890 | 110,568,475 |
| % of Voted Shares | 50.4018 | 49.5982 |
| Result | Accepted | |
7. Ordinary Resolution 7 |
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| Description |
To re-appoint Messrs. UHY as the Company's Auditors until the conclusion of the next Annual General Meeting and to authorise the Directors to fix their remuneration. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 73 | 10 |
| No. of Shares | 112,534,324 | 110,394,041 |
| % of Voted Shares | 50.4800 | 49.5200 |
| Result | Accepted | |
8. Ordinary Resolution 8 |
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| Description |
Authority to Allot Shares pursuant to Sections 75 and 76 of the Companies Act, 2016 |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 73 | 10 |
| No. of Shares | 112,564,690 | 110,363,675 |
| % of Voted Shares | 50.4937 | 49.5063 |
| Result | Accepted | |
9. Ordinary Resolution 9 |
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| Description |
Proposed Share Buy-Back of up to ten percent (10%) of the total number of issued shares of the Company at any given point in time ("Proposed Share Buy-Back")
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 70 | 13 |
| No. of Shares | 112,484,640 | 110,443,725 |
| % of Voted Shares | 50.4578 | 49.5422 |
| Result | Accepted | |
Announcement Info
| Company Name | REVENUE GROUP BERHAD |
| Stock Name | REVENUE |
| Date Announced | 06 Dec 2022 |
| Category | General Meeting |
| Reference Number | GMA-06122022-00009 |
| Corporate Action ID | MY221206MEET0009 |