GENERAL MEETINGS: Outcome of Meeting
| TOP GLOVE CORPORATION BHD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 15 Jan 2025 |
| Time | 10:30 AM |
| Venue(s) |
Broadcast Venue at TG Grand Ballroom, Level 9, Top Glove Tower, 16, Persiaran Setia Dagang, Setia Alam, Seksyen U13, 40170 Shah Alam, Selangor Darul Ehsan, Malaysia |
| Outcome of Meeting | The Board of Directors of Top Glove Corporation Bhd ("the Company") is pleased to announce that all resolutions as set out in the Notice of Virtual 26th Annual General Meeting ("AGM") dated 13 December 2024 were duly passed by way of poll at the AGM held on 15 January 2025.
The result was validated by Commercial Quest Sdn. Bhd., the Independent Scrutineer appointed by the Company.
This announcement is dated 15 January 2025. |
Voting Results |
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1. Ordinary Resolution 1 |
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| Description |
To re-elect Mr Ng Yong Lin as a Director of the Company who retires pursuant to Article 94 of the Company's Constitution. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 2,390 | 168 |
| No. of Shares | 4,995,347,587 | 22,163,251 |
| % of Voted Shares | 99.5583 | 0.4417 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
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| Description |
To re-elect Puan Azrina Arshad as a Director of the Company who retires pursuant to Article 94 of the Company's Constitution. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 2,356 | 192 |
| No. of Shares | 4,947,189,405 | 70,532,746 |
| % of Voted Shares | 98.5943 | 1.4057 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
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| Description |
To re-elect Ms Gan Mei Mei as a Director of the Company who retires pursuant to Article 100 of the Company's Constitution. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 2,382 | 171 |
| No. of Shares | 4,948,226,369 | 69,499,069 |
| % of Voted Shares | 98.6149 | 1.3851 |
| Result | Accepted | |
4. Ordinary Resolution 4 |
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| Description |
To re-elect Mr Lee Ah Too as a Director of the Company who retires pursuant to Article 100 of the Company's Constitution. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 2,375 | 175 |
| No. of Shares | 4,994,897,823 | 22,490,013 |
| % of Voted Shares | 99.5518 | 0.4482 |
| Result | Accepted | |
5. Ordinary Resolution 5 |
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| Description |
To approve the payment of Directors' fees for the financial year ended 31 August 2024. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 2,225 | 276 |
| No. of Shares | 2,784,275,725 | 3,677,449 |
| % of Voted Shares | 99.8681 | 0.1319 |
| Result | Accepted | |
6. Ordinary Resolution 6 |
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| Description |
To approve the payment of Directors' benefits (excluding Directors' fees) to the Non-Executive Directors up to an amount of RM200,000.00 from 16 January 2025 until the next Annual General Meeting of the Company to be held in year 2026. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 2,177 | 347 |
| No. of Shares | 4,455,877,617 | 5,553,506 |
| % of Voted Shares | 99.8755 | 0.1245 |
| Result | Accepted | |
7. Ordinary Resolution 7 |
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| Description |
To re-appoint Ernst & Young PLT as Auditors of the Company until the conclusion of the next Annual General Meeting of the Company and to authorise the Directors to fix their remuneration. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 2,409 | 155 |
| No. of Shares | 4,987,743,024 | 30,377,914 |
| % of Voted Shares | 99.3946 | 0.6054 |
| Result | Accepted | |
8. Ordinary Resolution 8 |
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| Description |
To authorise the Directors to issue shares pursuant to the Companies Act 2016 and Waiver of Pre-Emptive Rights. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 2,293 | 258 |
| No. of Shares | 4,656,975,027 | 243,594,017 |
| % of Voted Shares | 95.0293 | 4.9707 |
| Result | Accepted | |
9. Ordinary Resolution 9 |
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| Description |
To approve the Proposed Renewal of Share Buy-Back Authority. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 2,359 | 201 |
| No. of Shares | 4,826,487,812 | 191,589,332 |
| % of Voted Shares | 96.1820 | 3.8180 |
| Result | Accepted | |
10. Ordinary Resolution 10 |
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| Description |
To approve the Proposed Bonus Issue of up to 405,846,911 Warrants in the Company on the basis of 1 Warrant for every 20 existing Ordinary Shares in the Company held by the entitled shareholders of the Company on an entitlement date to be determined and announced later. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 2,375 | 190 |
| No. of Shares | 4,898,859,733 | 1,887,811 |
| % of Voted Shares | 99.9615 | 0.0385 |
| Result | Accepted | |
Please refer attachment below.
Announcement Info
| Company Name | TOP GLOVE CORPORATION BHD |
| Stock Name | TOPGLOV |
| Date Announced | 15 Jan 2025 |
| Category | General Meeting |
| Reference Number | GMA-13012025-00002 |
| Corporate Action ID | MY250113MEET0002 |