GENERAL MEETINGS: Outcome of Meeting
| ELSOFT RESEARCH BERHAD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 07 Jun 2024 |
| Time | 10:00 AM |
| Venue(s) |
Conference Hall of the Company Plot 85B, Lintang Bayan Lepas 9 Bayan Lepas Industrial Park, Phase 4 11900 Pulau Pinang Malaysia |
| Outcome of Meeting | The Board of Directors of Elsoft Research Berhad (“the Company”) wishes to announce that all the resolutions as set out in the Notice of 21st Annual General Meeting ("AGM") dated 30 April 2024 were duly approved by way of poll at the 21st AGM of the Company held on 7 June 2024, except for Resolution 3 which was withdrawn. In this respect, Madam Tan Ai Jiew had withdrawn her offer for re-election at the 21st AGM. At the close of the 21st AGM, Madam Tan Ai Jiew retired from office as a Director of the Company in accordance with Article 18.3 of the Company’s Constitution. The independent scrutineer appointed for the verification of the poll results is Messrs. Commercial Quest Sdn Bhd. The details of the results of the poll are set out in the attachment. This announcement is dated 7 June 2024. |
Voting Results |
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1. Ordinary Resolution 1 |
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| Description |
To approve the payment of Directors' fees of not exceeding RM350,000.00 to the Non-Executive Directors for the financial year ending 31 December 2024. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 41 | 1 |
| No. of Shares | 299,202,210 | 100 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
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| Description |
To re-elect Mr. Koay Kim Chiew as Director of the Company, who retire pursuant to Article 18.3 of the Company's Constitution and being eligible, has offered himself for re-election. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 47 | 2 |
| No. of Shares | 454,219,678 | 220,080 |
| % of Voted Shares | 99.9516 | 0.0484 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
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| Description |
To re-elect Madam Tan Ai Jiew as Director of the Company, who retire pursuant to Article 18.3 of the Company's Constitution and being eligible, has offered herself for re-election. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 0 | 0 |
| No. of Shares | 0 | 0 |
| % of Voted Shares | 0.0000 | 0.0000 |
| Result | Withdrawn/ Postponed | |
4. Ordinary Resolution 4 |
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| Description |
To re-elect Dato Agatha Foo Tet Sin as Director of the Company, who retire pursuant to Article 18.3 of the Company's Constitution and being eligible, has offered herself for re-election. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 43 | 6 |
| No. of Shares | 449,604,398 | 4,701,100 |
| % of Voted Shares | 98.9652 | 1.0348 |
| Result | Accepted | |
5. Ordinary Resolution 5 |
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| Description |
To re-elect Ir. Academician Emeritus Professor Tan Sri Dato Seri Dr. Chuah Hean Teik as Director who retires pursuant to Article 18.10 of the Company's Constitution and being eligible, has offered himself for re-election. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 42 | 8 |
| No. of Shares | 447,805,908 | 6,431,100 |
| % of Voted Shares | 98.5842 | 1.4158 |
| Result | Accepted | |
6. Ordinary Resolution 6 |
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| Description |
To re-appoint Messrs. BDO PLT as Auditors of the Company until the conclusion of the next annual general meeting and to authorise the Directors to fix their remuneration. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 38 | 1 |
| No. of Shares | 437,876,698 | 5,000 |
| % of Voted Shares | 99.9989 | 0.0011 |
| Result | Accepted | |
7. Ordinary Resolution 7 |
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| Description |
Authority under Sections 75 and 76 of the Companies Act, 2016 for the Directors to issue shares. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 43 | 2 |
| No. of Shares | 454,326,558 | 9,000 |
| % of Voted Shares | 99.9980 | 0.0020 |
| Result | Accepted | |
8. Ordinary Resolution 8 |
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| Description |
Proposed Renewal of Share Buy-Back Authority. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 46 | 1 |
| No. of Shares | 454,363,898 | 8,000 |
| % of Voted Shares | 99.9982 | 0.0018 |
| Result | Accepted | |
Please refer attachment below.
Announcement Info
| Company Name | ELSOFT RESEARCH BERHAD |
| Stock Name | ELSOFT |
| Date Announced | 07 Jun 2024 |
| Category | General Meeting |
| Reference Number | GMA-06062024-00016 |
| Corporate Action ID | MY240606MEET0016 |