RALCO

0.730

(%)

GENERAL MEETINGS: Outcome of Meeting

RALCO CORPORATION BERHAD

Type of Meeting General
Indicator Outcome of Meeting
Date of Meeting 15 Jun 2023
Time 11:00 AM

Venue(s)
Broadcast Venue

Lot 1476, Jalan Lengkok Emas 1

Nilai Industrial Estate, 71800 Nilai

Negeri Sembilan

Malaysia

Outcome of Meeting

The Board of Directors of Ralco Corporation Berhad ("the Company") is pleased to announce that all of the resolutions set out in the Notice of the Twenty-Eighth (28th) Annual General Meeting ("28th AGM") of the Company dated 28 April 2023, were duly passed as Ordinary Resolutions at the 28th AGM of the Company held on Thursday, 15 June 2023 at 11.00 a.m.

 

All of the resolutions were voted by poll and the results of the poll were validated by Cygnus Technology Solutions Sdn. Bhd., the Independent Scrutineers appointed by the Company.

 

Please refer to the attachment for the details of the poll results.

 

This announcement is dated 15 June 2023.


Voting Results


1. Ordinary Resolution 1

Description
To approve the payment of Directors fees amounting to RM185,034 for the financial year
ended 31 December 2022.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 17 3
No. of Shares 23,295,472 6,200
% of Voted Shares 99.9734 0.0266
Result Accepted

2. Ordinary Resolution 2

Description
To approve the Directors remuneration (excluding Directors fees) payable to the Directors of the Company and its subsidiaries amounting to RM50,000 from 1 July 2023 until 30 June 2024.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 17 3
No. of Shares 23,295,472 6,200
% of Voted Shares 99.9734 0.0266
Result Accepted

3. Ordinary Resolution 3

Description
To re-elect Mr. Heng Chee Wei, who retires in accordance with Clause 97 of the
Constitution of the Company and being eligible, offered himself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 20 0
No. of Shares 23,301,672 0
% of Voted Shares 100.0000 0.0000
Result Accepted

4. Ordinary Resolution 4

Description
To re-elect Dato' Chong Kim Fatt, who retires in accordance with Clause 97 of the
Constitution of the Company and being eligible, offered himself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 20 0
No. of Shares 23,301,672 0
% of Voted Shares 100.0000 0.0000
Result Accepted

5. Ordinary Resolution 5

Description
To re-appoint Messrs. RSM Malaysia PLT (LLP0030276-LCA & AF 0768) as Auditors of the Company until the conclusion of the next Annual General Meeting and to authorise the Directors to determine their remuneration.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 20 0
No. of Shares 23,301,672 0
% of Voted Shares 100.0000 0.0000
Result Accepted

6. Ordinary Resolution 6

Description
To approve the Authority to Issue and Allot Shares.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 18 2
No. of Shares 23,295,672 6,000
% of Voted Shares 99.9743 0.0257
Result Accepted



Please refer attachment below.

Attachments

RCB-28th AGM-Poll Result.pdf
116.1 kB




Announcement Info

Company Name RALCO CORPORATION BERHAD
Stock Name RALCO
Date Announced 15 Jun 2023
Category General Meeting
Reference Number GMA-15062023-00005
Corporate Action ID MY230615MEET0005