[YGL] General on 24-Aug-2020

Stock
[YGL]: YGL CONVERGENCE BHD
Announcement Date
23-Jul-2020
Type
General
Date & Time
24-Aug-2020 10:30
Depositor Date
17-Aug-2020
Venue
Function Room, Sunway Hotel Georgetown, No. 33, Lorong Baru, 10400 George Town, Penang.
Description
Notice of Sixteenth (16th) Annual General Meeting
Ygl - Notice of 16th AGM.pdf
Outcome

The Board of Directors of Ygl Convergence Berhad ("Company") is pleased to announce that all resolutions as set out in the Notice of Sixteenth Annual General Meeting ("16th AGM") dated 24 July 2020 were duly approved by way of voting on poll by the shareholders and proxy holders of the Company at the 16th AGM held on 24 August 2020.

The result was validated by the Scrutineer namely, Ms. Low Ai Pheng.

Please refer to the poll voting results on the below table.

This announcement is dated 24 August 2020.

Voting Results

1. Ordinary Resolution 1

Description 
To re-elect Madam Tan Hoay Leng, who is retiring in accordance with Clause 76(3) of the Constitution of the Company and being eligible, has offered herself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 14 0
No. of Shares 73,632,968 0
% of Voted Shares 100.0000 0.0000
Result Accepted

2. Ordinary Resolution 2

Description 
To re-elect Mr. Wong Khai Meng, who is retiring in accordance with Clause 78 of the Constitution of the Company and being eligible, has offered himself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 14 0
No. of Shares 73,632,968 0
% of Voted Shares 100.0000 0.0000
Result Accepted

3. Ordinary Resolution 3

Description 
To approve the payment of Directors fees of RM100,000.00 for the 15 months financial period ended 31 March 2020.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 14 0
No. of Shares 73,632,968 0
% of Voted Shares 100.0000 0.0000
Result Accepted

4. Ordinary Resolution 4

Description 
To approve the payment of benefits payable to the Directors up to an amount RM20,000.00 from 25 August 2020 until the next Annual General Meeting of the Company to be held in year 2021.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 14 0
No. of Shares 73,632,968 0
% of Voted Shares 100.0000 0.0000
Result Accepted

5. Ordinary Resolution 5

Description 
To re-appoint Messrs. Moore Stephens Associates PLT as the Company's Auditors 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 14 0
No. of Shares 73,632,968 0
% of Voted Shares 100.0000 0.0000
Result Accepted

6. Ordinary Resolution 6

Description 
Authority to issue and allot shares.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 14 0
No. of Shares 73,632,968 0
% of Voted Shares 100.0000 0.0000
Result Accepted

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