GENERAL MEETINGS: Outcome of Meeting
| CAN-ONE BERHAD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 25 Jun 2025 |
| Time | 10:00 AM |
| Venue(s) |
Conference Room Lot 4, Jalan Perusahaan Dua 68100 Batu Caves Selangor Darul Ehsan Malaysia |
| Outcome of Meeting | The Board of Directors of Can-One Berhad ("the Company") is pleased to announce that all the ordinary resolutions as set out in the Notice of the Twenty-First Annual General Meeting ("AGM") of the Company dated 29 April 2025 were duly passed at the aforesaid AGM held on 25 June 2025.
The Audited Financial Statements of the Group and of the Company for the financial year ended 31 December 2024 and the Reports of the Directors and Auditors thereon were received and duly tabled at the Twenty-First AGM under Agenda 1.
All the resolutions were voted by poll and the results were validated by Quantegic Services Sdn. Bhd., the independent scrutineer appointed by the Company.
The polling results are as per the attachment set out below.
This announcement is dated 25 June 2025. |
Voting Results |
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1. Ordinary Resolution 1 |
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| Description |
To declare a first and final single-tier dividend of 4 sen per share in respect of the financial year ended 31 December 2024. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 39 | 2 |
| No. of Shares | 138,277,305 | 2 |
| % of Voted Shares | 99.9999 | 0.0001 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
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| Description |
To re-elect Director, Foo Kee Fatt who retires pursuant to Clause 82 of the Company's Constitution. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 39 | 2 |
| No. of Shares | 138,277,305 | 2 |
| % of Voted Shares | 99.9999 | 0.0001 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
||
| Description |
To re-elect Director, Yeoh Jin Beng who retires pursuant to Clause 82 of the Company's Constitution. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 38 | 2 |
| No. of Shares | 138,127,305 | 2 |
| % of Voted Shares | 99.9999 | 0.0001 |
| Result | Accepted | |
4. Ordinary Resolution 4 |
||
| Description |
To re-elect Director, Goh Teck Hong who retires pursuant to Clause 82 of the Company's Constitution. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 39 | 2 |
| No. of Shares | 138,277,305 | 2 |
| % of Voted Shares | 99.9999 | 0.0001 |
| Result | Accepted | |
5. Ordinary Resolution 5 |
||
| Description |
To approve the payment of Directors' Fees amounting to RM1,005,000 to Directors of the Company and its subsidiaries (excluding Box-Pak (Malaysia) Bhd. and its subsidiaries) for the financial year ended 31 December 2024. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 37 | 2 |
| No. of Shares | 130,621,605 | 2 |
| % of Voted Shares | 99.9998 | 0.0002 |
| Result | Accepted | |
6. Ordinary Resolution 6 |
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| Description |
To approve the following payment of allowance and benefits for the financial year ending 31 December 2025: (i) annual travelling claims of RM50,000 for Non-Executive Directors of the Company (inclusive spouse and children); (ii) meeting allowance of RM1,500 per person per day to the Directors of the Company; and (iii) other benefits of up to an amount of RM400,000 to the Non-Executive Directors of the Company and its subsidiaries. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 35 | 4 |
| No. of Shares | 130,620,600 | 1,007 |
| % of Voted Shares | 99.9992 | 0.0008 |
| Result | Accepted | |
7. Ordinary Resolution 7 |
||
| Description |
To re-appoint KPMG PLT, Chartered Accountants, as Auditors of the Company to hold office until the conclusion of the next Annual General Meeting of the Company and to authorise the Directors to fix the remuneration of the Auditors. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 39 | 2 |
| No. of Shares | 138,277,305 | 2 |
| % of Voted Shares | 99.9999 | 0.0001 |
| Result | Accepted | |
8. Ordinary Resolution 8 |
||
| Description |
Proposed authority to Directors to allot and issue shares pursuant to Sections 75 and 76 of the Companies Act, 2016. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 39 | 2 |
| No. of Shares | 138,277,305 | 2 |
| % of Voted Shares | 99.9999 | 0.0001 |
| Result | Accepted | |
9. Ordinary Resolution 9 |
||
| Description |
Proposed renewal of authority for the Company to purchase its own shares. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 39 | 2 |
| No. of Shares | 138,277,305 | 2 |
| % of Voted Shares | 99.9999 | 0.0001 |
| Result | Accepted | |
10. Ordinary Resolution 10 |
||
| Description |
Proposed renewal of mandate for the Company and its subsidiaries to enter into recurrent related party transactions of a revenue or trading nature. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 35 | 2 |
| No. of Shares | 16,262,805 | 2 |
| % of Voted Shares | 99.9999 | 0.0001 |
| Result | Accepted | |
Please refer attachment below.
Announcement Info
| Company Name | CAN-ONE BERHAD |
| Stock Name | CANONE |
| Date Announced | 25 Jun 2025 |
| Category | General Meeting |
| Reference Number | GMA-18062025-00012 |
| Corporate Action ID | MY250618MEET0011 |