GENERAL MEETINGS: Outcome of Meeting
| G CAPITAL BERHAD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 27 Jun 2024 |
| Time | 08:30 AM |
| Venue(s) |
Online Meeting Platform at https://web.vote2u.my Domain Registration with MYNIC D6A471702 Malaysia |
| Outcome of Meeting | The Board of Directors of G Capital Berhad is pleased to announce that Resolutions 1,2,3,4,5,7 and 8 as set out in the Notice of the 29th Annual General Meeting ("29th AGM") dated 30 April 2024 were duly passed by the shareholders except Resolution 6 which was not carried.
Voting on all the resolutions were carried out by way of e-polling. The voting results from the e-polling were validated by Aegis Communication Sdn Bhd, the Independent Scrutineer appointed by the Company. The details of the voting results of the e-polling are attached herewith.
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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 RM300,000 for financial year ending 31 December 2024. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 69 | 6 |
| No. of Shares | 125,067,910 | 10,105 |
| % of Voted Shares | 99.9919 | 0.0081 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
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| Description |
To approve the payment of Directors benefits (excluding Directors fees) in accordance with Section 230(1) of the Companies Act 2016 up to an amount of RM75,000 for the period from the 29th AGM until the next Annual General Meeting of the Company |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 68 | 7 |
| No. of Shares | 125,067,909 | 10,106 |
| % of Voted Shares | 99.9919 | 0.0081 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
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| Description |
To re-elect Dato Haji Roshidi bin Haji Hashim who retires by rotation pursuant to Clause 95 of the Constitution of the Company. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 73 | 3 |
| No. of Shares | 138,613,510 | 5 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
4. Ordinary Resolution 4 |
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| Description |
To re-elect General (Retired) Tan Sri Dato Sri Haji Affendi bin Buang who was appointed during the year and retire pursuant to Clause 102 of the Constitution of the Company |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 73 | 3 |
| No. of Shares | 138,613,510 | 5 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
5. Ordinary Resolution 5 |
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| Description |
To re-appoint Messrs UHY as Auditors of the Company until the conclusion of the next Annual General Meeting and to authorise the Directors to fix their remuneration. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 74 | 2 |
| No. of Shares | 138,613,512 | 3 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
6. Ordinary Resolution 6 |
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| Description |
Authority to Issue Shares Pursuant to Sections 75 and 76 of the Companies Act 2016 |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 31 | 45 |
| No. of Shares | 48,473,183 | 90,140,332 |
| % of Voted Shares | 34.9700 | 65.0300 |
| Result | Rejected | |
7. Ordinary Resolution 7 |
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| Description |
Proposed Renewal of Shareholders Mandate for Recurrent Related Party Transactions of a revenue or trading nature |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 72 | 4 |
| No. of Shares | 138,613,509 | 6 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
8. Ordinary Resolution 8 |
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| Description |
Proposed Renewal of Share Buy-Back Authority |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 72 | 4 |
| No. of Shares | 138,613,509 | 6 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
Please refer attachment below.
Announcement Info
| Company Name | G CAPITAL BERHAD |
| Stock Name | GCAP |
| Date Announced | 27 Jun 2024 |
| Category | General Meeting |
| Reference Number | GMA-27062024-00013 |
| Corporate Action ID | MY240627MEET0013 |