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EG INDUSTRIES BERHAD
Plot 102, Jalan 4, Bakar Arang Industrial Estate, 08000 Sungai Petani, Kedah
Outcome of Meeting
The Company wishes to announce that at its Twenty Eighth Annual General Meeting ("28th AGM") held on 29 November 2019, the shareholders of the Company had approved all the resolutions as set out in the Notice of the 28th AGM dated 31 October 2019.
The voting in respect of the resolutions was carried out by way of a poll and the results were validated by Value Creator Consultancy, the Independent Scrutineer appointed by the Company. Details of the said results are set out in the attachment.
This announcement is dated 29 November 2019.
Voting Results
Resolution
Vote in favour
Vote Against
Results
No. of Shares
%
No. of Shares
%
Ordinary Resolution 1 : To approve the payment of Directors’ fees
68,026,895
99.992944
4,800
0.007056
Carried
Ordinary Resolution 2 : To re-elect Dato' Kang Pang Kiang as Director
68,031,695
100.000000
0
0.000000
Carried
Ordinary Resolution 3 : To re-elect Mr. lim Sze Yan as Director
67,206,095
100.000000
0
0.000000
Carried
Ordinary Resolution 4 : To re-appoint Messrs UHY as Auditors and to authorize the Directors to fix their remuneration
67,206,095
100.000000
0
0.000000
Carried
Ordinary Resolution 5 : To retain Mr. Ang Seng Wong as Senior Independent Non-Executive Director
67,206,095
100.000000
0
0.000000
Carried
Ordinary Resolution 6 : To authorise the allotment and issuance of shares
67,971,520
99.911549
60,175
0.088451
Carried
Ordinary Resolution 7 : To approve the renewal of the authority for the Company to purchase its own ordinary shares
68,027,320
99.993569
4,375
0.006431
Carried
Ordinary Resolution 8 : To approve the renewal of and new shareholders' mandate for recurrent related party transactions of a revenue or trading nature
20,603,400
100.000000
0
0.000000
Carried
Special Resolution : To approve the proposed adoption of new constitution of the Company