The Board of Directors of Baba Eco Group Berhad (“Baba” or "the Company") is pleased to announce that all the resolutions as prescribed in the notice convening the Postponed Second Annual General Meeting ("Postponed 2nd AGM") dated 30 June 2020 were duly passed (by way of show of hands) at the Postponed 2nd AGM of the Company held on 29 July 2020.
This announcement is dated 29 July 2020.
Voting Results |
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1. Ordinary Resolution 1 |
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Description |
To approve the payment of benefits of not exceeding RM15,000.00 to the Directors from 30 July 2020 until the next AGM of the Company. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 3 | 0 |
No. of Shares | 3,950,000 | 0 |
% of Voted Shares | 100.0000 | 0.0000 |
Result | Accepted | |
2. Ordinary Resolution 2 |
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Description |
To re-elect Mr Leong Jyh Wen, the Director retiring pursuant to Article 18.3 of the Company's Constitution and who, being eligible, offer himself for re-election. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 5 | 0 |
No. of Shares | 201,170,020 | 0 |
% of Voted Shares | 100.0000 | 0.0000 |
Result | Accepted | |
3. Ordinary Resolution 3 |
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Description |
To re-appoint Messrs. Grant Thornton Malaysia as Auditors of the Company for the ensuing year and to authorise the Directors to fix their remuneration. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 5 | 0 |
No. of Shares | 201,170,020 | 0 |
% of Voted Shares | 100.0000 | 0.0000 |
Result | Accepted | |
4. Ordinary Resolution 4 |
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Description |
Authority under Sections 75 and 76 of the Companies Act, 2016 for The Directors to Issue Shares |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 5 | 0 |
No. of Shares | 201,170,020 | 0 |
% of Voted Shares | 100.0000 | 0.0000 |
Result | Accepted | |
5. Ordinary Resolution 5 |
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Description |
Proposed Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature ("Proposed Shareholders Mandate") |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 3 | 0 |
No. of Shares | 3,950,000 | 0 |
% of Voted Shares | 100.0000 | 0.0000 |
Result | Accepted | |