GENERAL MEETINGS: Outcome of Meeting
| WHITE HORSE BERHAD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 25 May 2023 |
| Time | 03:00 PM |
| Venue(s) |
Broadcast venue at Securities Services (Holdings) Sdn. Bhd. Level 7, Menara Milenium, Jalan Damanlela, Pusat Bandar Damansara, Damansara Heights, 50490 Kuala Lumpur Wilayah Persekutuan Malaysia |
| Outcome of Meeting | The Board of Directors of White Horse Berhad ("WTHORSE" or "the Company") wishes to announce that all resolutions set out in the Notice of the Twenty-Fifth Annual General Meeting ("25th AGM") dated 26 April 2023 were duly passed at the 25th AGM of the Company held today.
All 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. The details of the poll results are set out below.
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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 amounting to RM150,000/- for the financial year ended 31 December 2022. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 78 | 4 |
| No. of Shares | 103,911,033 | 1,111 |
| % of Voted Shares | 99.9989 | 0.0011 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
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| Description |
To approve the payment of benefits payable to the Non-Executive Directors up to an amount of RM180,000/- for the period from 26 May 2023 to the Twenty-Sixth Annual General Meeting of the Company in year 2024 pursuant to Section 230(1)(b) of the Companies Act 2016. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 80 | 4 |
| No. of Shares | 118,722,450 | 1,111 |
| % of Voted Shares | 99.9991 | 0.0009 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
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| Description |
To re-elect Mr. Cheng Soon Mong who is retiring pursuant to Clause 123 of the Company's Constitution and being eligible, has offered himself for re-election. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 85 | 4 |
| No. of Shares | 153,713,829 | 200,101 |
| % of Voted Shares | 99.8700 | 0.1300 |
| Result | Accepted | |
4. Ordinary Resolution 4 |
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| Description |
To re-elect Ms. Rosita Yeo Swat Geok who is retiring pursuant to Clause 123 of the Company's Constitution and being eligible, has offered herself for re-election. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 87 | 3 |
| No. of Shares | 158,790,564 | 1,101 |
| % of Voted Shares | 99.9993 | 0.0007 |
| Result | Accepted | |
5. Ordinary Resolution 5 |
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| Description |
To re-elect Mr. Tai Lam Shin who is retiring pursuant to Clause 123 of the Company's Constitution and being eligible, has offered himself for re-election. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 87 | 3 |
| No. of Shares | 158,790,564 | 1,101 |
| % of Voted Shares | 99.9993 | 0.0007 |
| Result | Accepted | |
6. Ordinary Resolution 6 |
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| Description |
To re-appoint Messrs. Crowe Malaysia PLT as Auditors of the Company 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 | 87 | 3 |
| No. of Shares | 158,790,564 | 1,101 |
| % of Voted Shares | 99.9993 | 0.0007 |
| Result | Accepted | |
7. Ordinary Resolution 7 |
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| Description |
To approve the authority to issue shares pursuant to the Companies Act 2016. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 86 | 4 |
| No. of Shares | 158,790,554 | 1,111 |
| % of Voted Shares | 99.9993 | 0.0007 |
| Result | Accepted | |
8. Ordinary Resolution 8 |
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| Description |
To approve the proposed renewal of existing 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 | 54 | 4 |
| No. of Shares | 43,808,811 | 1,111 |
| % of Voted Shares | 99.9975 | 0.0025 |
| Result | Accepted | |
9. Ordinary Resolution 9 |
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| Description |
To approve the proposed renewal of authority for the Company to purchase its own shares. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 86 | 4 |
| No. of Shares | 158,790,554 | 1,111 |
| % of Voted Shares | 99.9993 | 0.0007 |
| Result | Accepted | |
10. Ordinary Resolution 10 (Tier 1) |
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| Description |
To approve the retention of Madam Rosita Yeo Swat Geok as Senior Independent Non-Executive Director. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 25 | 0 |
| No. of Shares | 85,670,017 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
11. Ordinary Resolution 10 (Tier 2) |
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| Description |
To approve the retention of Madam Rosita Yeo Swat Geok as Senior Independent Non-Executive Director. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 62 | 3 |
| No. of Shares | 73,120,547 | 1,101 |
| % of Voted Shares | 99.9985 | 0.0015 |
| Result | Accepted | |
12. Special Resolution |
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| Description |
To approve the proposed amendments to the Company's Constitution. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 86 | 4 |
| No. of Shares | 158,790,554 | 1,111 |
| % of Voted Shares | 99.9993 | 0.0007 |
| Result | Accepted | |
Announcement Info
| Company Name | WHITE HORSE BERHAD |
| Stock Name | WTHORSE |
| Date Announced | 25 May 2023 |
| Category | General Meeting |
| Reference Number | GMA-25052023-00003 |
| Corporate Action ID | MY230525MEET0003 |