SUNCON

7.050

+0.16 (+2.3%)

GENERAL MEETINGS: Outcome of Meeting

SUNWAY CONSTRUCTION GROUP BERHAD

Type of Meeting	General
Indicator	Outcome of Meeting
Date of Meeting	20 Jun 2024
Time	03:00 PM

Venue(s)

Broadcast Venue:

Penthouse, Level 20, Menara Sunway

Jalan Lagoon Timur, Bandar Sunway

47500 Subang Jaya, Selangor Darul Ehsan

Malaysia

Outcome of Meeting

The Board of Directors of Sunway Construction Group Berhad ("SunCon") wishes to announce that all the resolutions as set out in the Notice of 10th Annual General Meeting dated 30 April 2024 were duly approved by the shareholders of SunCon today.

All the resolutions were voted by poll via online remote voting using Digital Ballot Form provided by the Poll Administrator, Mega Corporate Services Sdn Bhd.

The results of the poll, as attached and set out below, were validated by Cygnus Technology Solutions Sdn Bhd, the independent scrutineer appointed by SunCon.

This announcement is dated 20 June 2024.

Voting Results

1. Ordinary Resolution 1
Description	To approve the payment of fees to Non-Executive Directors amounting to RM795,000 for the financial year ended 31 December 2023.
Shareholder’s Action	For Voting
Voted	For	Against
No. of Shareholders	163	27
No. of Shares	1,077,499,118	94,009
% of Voted Shares	99.9913	0.0087
Result	Accepted

2. Ordinary Resolution 2
Description	To approve the payment of benefits payable to Non-Executive Directors of up to RM200,000 for the period from 21 June 2024 until the conclusion of the next Annual General Meeting of the Company to be held in 2025.
Shareholder’s Action	For Voting
Voted	For	Against
No. of Shareholders	161	28
No. of Shares	1,077,497,985	94,142
% of Voted Shares	99.9913	0.0087
Result	Accepted

3. Ordinary Resolution 3
Description	To re-elect Dato' Ir Goh Chye Koon who retires by rotation pursuant to Clause 106(1) of the Company's Constitution and being eligible, offers himself for re-election.
Shareholder’s Action	For Voting
Voted	For	Against
No. of Shareholders	98	90
No. of Shares	868,132,468	209,260,659
% of Voted Shares	80.5771	19.4230
Result	Accepted

4. Ordinary Resolution 4
Description	To re-elect Dr Sarinder Kumari A/P Oam Parkash who retires by rotation pursuant to Clause 106(1) of the Company's Constitution and being eligible, offers herself for re-election.
Shareholder’s Action	For Voting
Voted	For	Against
No. of Shareholders	169	20
No. of Shares	1,076,539,389	1,052,738
% of Voted Shares	99.9023	0.0977
Result	Accepted

5. Ordinary Resolution 5
Description	To re-appoint Messrs BDO PLT as Auditors of the Company for the ensuing year and to authorise the Directors to fix their remuneration.
Shareholder’s Action	For Voting
Voted	For	Against
No. of Shareholders	177	12
No. of Shares	1,076,465,221	1,126,906
% of Voted Shares	99.8954	0.1046
Result	Accepted

6. Ordinary Resolution 6
Description	To approve the authority to issue shares pursuant to Sections 75 and 76 of the Companies Act 2016.
Shareholder’s Action	For Voting
Voted	For	Against
No. of Shareholders	148	41
No. of Shares	966,226,461	111,365,666
% of Voted Shares	89.6653	10.3350
Result	Accepted

7. Ordinary Resolution 7
Description	To approve the 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	158	16
No. of Shares	222,398,467	7,380
% of Voted Shares	99.9967	0.0033
Result	Accepted

8. Ordinary Resolution 8
Description	To approve the Proposed Renewal of Share Buy-Back Authority.
Shareholder’s Action	For Voting
Voted	For	Against
No. of Shareholders	165	24
No. of Shares	998,318,222	79,273,905
% of Voted Shares	92.6434	7.3566
Result	Accepted

Please refer attachment below.

Attachments

SunCon-Scrutineers Report (10th AGM) - 20.06.2024 (signed).pdf
111.6 kB

Announcement Info

Company Name	SUNWAY CONSTRUCTION GROUP BERHAD
Stock Name	SUNCON
Date Announced	20 Jun 2024
Category	General Meeting
Reference Number	GMA-07062024-00016
Corporate Action ID	MY240607MEET0016