GENERAL MEETINGS: Outcome of Meeting
| UMS-NEIKEN GROUP BERHAD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 26 May 2023 |
| Time | 10:00 AM |
| Venue(s) |
To be held as a fully virtual meeting entirely through live-streaming from the online meeting platform at https://www.dvote.my Malaysia |
| Outcome of Meeting | The Board of Directors of UMS-Neiken Group Berhad ("UMSNGB" or "the Company") is pleased to announce that all resolutions set out in the Notice of the Nineteenth Annual General Meeting ("19th AGM") of the Company dated 21 April 2023 were duly passed as Ordinary Resolutions at the 19th AGM of the Company held on Friday, 26 May 2023 at 10.00 a.m.
All the resolutions were voted by poll and the results of the poll were validated by Quantegic Services Sdn. Bhd., the Independent Scrutineer appointed by the Company.
This announcement is dated 26 May 2023. |
Voting Results |
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1. Ordinary Resolution 1 |
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| Description |
To re-elect Ms. Cheng Siow Chun who retires by rotation in accordance with Clause 97 of the Constitution of the Company and who being eligible offers herself for re-election. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 17 | 0 |
| No. of Shares | 42,417,518 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
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| Description |
To re-elect Mr. Yau Ming Teck who retires by rotation in accordance with Clause 97 of the Constitution of the Company and who being eligible offers himself for re-election. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 17 | 0 |
| No. of Shares | 42,417,518 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
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| Description |
To approve the payment of Directors' Fees of RM108,500 for the financial year ending 31 December 2023. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 13 | 2 |
| No. of Shares | 42,207,318 | 1,000 |
| % of Voted Shares | 99.9976 | 0.0024 |
| Result | Accepted | |
4. Ordinary Resolution 4 |
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| Description |
To approve the payment of Directors' Remuneration (excluding Directors' Fees) payable to the Directors of the Company and its subsidiaries amounting to RM15,000 for the financial period from 26 May 2023 until the next Annual General Meeting. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 13 | 2 |
| No. of Shares | 42,207,318 | 1,000 |
| % of Voted Shares | 99.9976 | 0.0024 |
| Result | Accepted | |
5. Ordinary Resolution 5 |
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| Description |
To re-appoint Messrs. Crowe Malaysia PLT as Auditors of the Company and to authorise the Directors to determine their remuneration. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 16 | 1 |
| No. of Shares | 42,417,418 | 100 |
| % of Voted Shares | 99.9998 | 0.0002 |
| Result | Accepted | |
6. Ordinary Resolution 6 |
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| Description |
Authority to issue shares. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 15 | 2 |
| No. of Shares | 42,416,518 | 1,000 |
| % of Voted Shares | 99.9976 | 0.0024 |
| Result | Accepted | |
7. Ordinary Resolution 7 |
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| Description |
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 | 2 |
| No. of Shares | 2,156,798 | 1,000 |
| % of Voted Shares | 99.9537 | 0.0463 |
| Result | Accepted | |
8. Ordinary Resolution 8 |
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| Description |
Proposed renewal of share buy-back authority for the Company to purchase its own shares. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 16 | 1 |
| No. of Shares | 42,417,418 | 100 |
| % of Voted Shares | 99.9998 | 0.0002 |
| Result | Accepted | |
Announcement Info
| Company Name | UMS-NEIKEN GROUP BERHAD |
| Stock Name | UMSNGB |
| Date Announced | 26 May 2023 |
| Category | General Meeting |
| Reference Number | GMA-10052023-00007 |
| Corporate Action ID | MY230510MEET0007 |