The Board of Directors of SDS Group Berhad (“the Company”) is pleased to announce that all theresolutionsas set out in the Notice of Annual General Meeting ("AGM") dated 29July 2021 were duly passed at the AGM held on 27August 2021.
The resolutions were decided by way of poll voting at the AGM. The results of the poll validated by Cygnus Technology Solutions Sdn Bhd, the Independent Scrutineers appointed by the Company.
This announcement is dated 27 August 2021.
Voting Results |
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1. Resolution 1 |
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Description |
To approve the payment of Directors' Fees to Non-Executive Directors of the Company for the financial year ended 31 March 2021. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 44 | 5 |
No. of Shares | 279,952,240 | 2,900 |
% of Voted Shares | 99.9990 | 0.0010 |
Result | Accepted | |
2. Resolution 2 |
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Description |
To approve the payment of Directors' Benefit up to an amount of RM25,000 for the period from the conclusion of the 4th AGM of the Company scheduled on 27 August 2021 until the date of the 5th AGM of the Company. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 43 | 6 |
No. of Shares | 279,896,240 | 58,900 |
% of Voted Shares | 99.9790 | 0.0210 |
Result | Accepted | |
3. Resolution 3 |
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Description |
To re-elect Mr. Tan Yon Haw, who retires in accordance with Article 18.2 of the Company's Constitution and being eligible, has offered himself for re-election. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 45 | 4 |
No. of Shares | 279,912,440 | 42,700 |
% of Voted Shares | 99.9847 | 0.0153 |
Result | Accepted | |
4. Resolution 4 |
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Description |
To re-elect Dato' Albert Ding Choo Earn, who retires in accordance with Article 18.2 of the Company's Constitution and being eligible, has offered himself for re-election. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 44 | 5 |
No. of Shares | 261,209,080 | 18,746,060 |
% of Voted Shares | 93.3039 | 6.6961 |
Result | Accepted | |
5. Resolution 5 |
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Description |
To re-appoint Messrs Crowe Malaysia PLT (LLP0018817-LCA & AF 1018) as Auditors of the Company and to authorise the Directors to fix their remuneration. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 44 | 4 |
No. of Shares | 261,193,080 | 18,761,960 |
% of Voted Shares | 93.2982 | 6.7018 |
Result | Accepted | |
6. Resolution 6 |
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Description |
Authority under Sections 75 And 76 of the Companies Act 2016 for the Directors to allot and issue shares. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 43 | 6 |
No. of Shares | 261,153,080 | 18,802,060 |
% of Voted Shares | 93.2839 | 6.7161 |
Result | Accepted | |
7. 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 | 38 | 4 |
No. of Shares | 59,543,190 | 58,700 |
% of Voted Shares | 99.9015 | 0.0985 |
Result | Accepted | |