[ECOFIRS] General on 27-Oct-2020

Stock
[ECOFIRS]: ECOFIRST CONSOLIDATED BHD
Announcement Date
22-Oct-2020
Type
General
Date & Time
27-Oct-2020 10:00
Depositor Date
20-Oct-2020
Venue
Broadcast Venue at Meeting Room TR12-R02 12th Floor, Menara Symphony No. 5, Jalan Prof. Khoo Kay Kim, Seksyen 13 46200 Petaling Jaya, Selangor Darul Ehsan
Description
In line with the Standard Operating Procedures issued by Ministry of International Trade and Industry (MITI) on 21 October 2020, the time for the fully virtual 47th Annual General Meeting will be changed from 3.00 p.m. to 10.00 a.m.
ECB-Notification-AdminGuide-47th Virtual AGM-final (change timing).pdf
Outcome
The Board of Directors of EcoFirst Consolidated Bhd ("the Company") wishes to announce that all of the resolutions tabled at the Forty-Seventh Annual General Meeting ("47th AGM") held today were duly passed by the shareholders of the Company. All of the resolutions were voted by poll and the results were validated by Archer Consulting Group Sdn Bhd, the Independent Scrutineer appointed by the Company. The details of the results of the poll are set out below.

There were variances in the calculation of percentage (%) of the poll results shown during the live stream of the Company's 47th AGM due to technical glitches. Please refer to the attachment for further details.

This announcement is dated 27 October 2020.

Voting Results

1. Resolution 1

Description 
Approval of the payment of Directors' fees
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 46 7
No. of Shares 474,194,424 51,901
% of Voted Shares 99.9891 0.0109
Result Accepted

2. Resolution 2

Description 
Approval of the payment of Directors' benefits and allowances
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 46 7
No. of Shares 474,194,424 51,901
% of Voted Shares 99.9891 0.0109
Result Accepted

3. Resolution 3

Description 
Re-election of Dato' Tiong Kwing Hee as Director
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 44 4
No. of Shares 413,148,624 21,201
% of Voted Shares 99.9949 0.0051
Result Accepted

4. Resolution 4

Description 
Re-election of Dato' Boey Chin Gan as Director
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 47 6
No. of Shares 474,225,023 21,302
% of Voted Shares 99.9955 0.0045
Result Accepted

5. Resolution 5

Description 
Re-appointment of Messrs Russell Bedford LC & Company as Auditors of the Company
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 51 2
No. of Shares 474,236,324 10,001
% of Voted Shares 99.9979 0.0021
Result Accepted

6. Resolution 6 (Tier 1)

Description 
Retention of Dato' Syed Ariff Fadzillah Bin Syed Awalluddin as Independent Non-Executive Director
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 5 0
No. of Shares 215,801,814 0
% of Voted Shares 100.0000 0.0000
Result Accepted

7. Resolution 6 (Tier 2)

Description 
Retention of Dato' Syed Ariff Fadzillah Bin Syed Awalluddin as Independent Non-Executive Director
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 42 6
No. of Shares 258,423,209 21,302
% of Voted Shares 99.9918 0.0082
Result Accepted

8. Resolution 7 (Tier 1)

Description 
Retention of Dato' Amos Siew Boon Yeong as Independent Non-Executive Director
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 5 0
No. of Shares 215,801,814 0
% of Voted Shares 100.0000 0.0000
Result Accepted

9. Resolution 7 (Tier 2)

Description 
Retention of Dato' Amos Siew Boon Yeong as Independent Non-Executive Director
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 42 6
No. of Shares 258,423,209 21,302
% of Voted Shares 99.9918 0.0082
Result Accepted

10. Resolution 8

Description 
Retention of Dato' Boey Chin Gan as Independent Non-Executive Director
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 47 6
No. of Shares 474,225,023 21,302
% of Voted Shares 99.9955 0.0045
Result Accepted

11. Resolution 9

Description 
Authority for Directors to Issue Shares
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 45 8
No. of Shares 474,183,424 62,901
% of Voted Shares 99.9867 0.0133
Result Accepted

12. Resolution 10

Description 
Proposed RRPT Mandate
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 41 7
No. of Shares 333,982,624 92,901
% of Voted Shares 99.9722 0.0278
Result Accepted

13. Resolution 11

Description 
Proposed Renewal of Share Buy-Back Authority
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 49 4
No. of Shares 474,235,624 10,701
% of Voted Shares 99.9977 0.0023
Result Accepted

Attachments

ECB_Voting Results.pdf
114.6 kB

Remark
-
Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment