The Board of Directors of AYS Ventures Berhad ("the Company") is pleased to announce that all the resolutions as prescribed in the notice convening the Annual General Meeting ("AGM") of the Company dated 27 July 2020 were duly passed by way of poll at the AGM of the Company held atFunction Room 1, Mezzanine Floor,Setia City Convention CentreNo.1, JalanSetia Dagang AG U13/AG,Setia Alam, Seksyen U13,40170 Shah Alam on Tuesday, 25 August 2020.
The results of the poll which were validated by Edwina Ong, the representative from EsteeManagement Solutions, the Independent Scrutineer appointed by the Company, are as set out below:-
Voting Results |
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1. Resolution 1 |
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Description |
To re-elect Oh Yung Sim who is retiring in accordance with Article 112 of the Company's Constitution |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 18 | 1 |
No. of Shares | 266,936,900 | 1,800 |
% of Voted Shares | 99.9990 | 0.0010 |
Result | Accepted | |
2. Resolution 2 |
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Description |
To re-elect Seow Nyoke Yoong who is retiring in accordance with Article 112 of the Company's Constitution |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 18 | 1 |
No. of Shares | 266,936,900 | 1,800 |
% of Voted Shares | 99.9990 | 0.0010 |
Result | Accepted | |
3. Resolution 3 |
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Description |
To re-elect Mohamad Fazlin Bin Mohamad who is retiring in accordance with Article 112 of the Company's Constitution |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 17 | 2 |
No. of Shares | 266,934,900 | 3,800 |
% of Voted Shares | 99.9990 | 0.0010 |
Result | Accepted | |
4. Resolution 4 |
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Description |
To approve the payment of Directors' fees not exceeding RM500,000 for the period from August 2020 till July 2021 |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 18 | 1 |
No. of Shares | 266,936,900 | 1,800 |
% of Voted Shares | 99.9990 | 0.0010 |
Result | Accepted | |
5. Resolution 5 |
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Description |
To approve the payment of meeting attendance allowance of RM1,000 per meeting for each Independent Directors from August 2020 till July 2021 |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 17 | 2 |
No. of Shares | 266,934,900 | 3,800 |
% of Voted Shares | 99.9990 | 0.0010 |
Result | Accepted | |
6. Resolution 6 |
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Description |
To re-appoint Grant Thornton Malaysia PLT 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 | 18 | 1 |
No. of Shares | 266,936,900 | 1,800 |
% of Voted Shares | 99.9990 | 0.0010 |
Result | Accepted | |
7. Resolution 7 |
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Description |
Continuation in office as Independent Non-Executive Director - Haji Mohd. Sharif Bin Haji Yusof |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 17 | 2 |
No. of Shares | 266,934,900 | 3,800 |
% of Voted Shares | 99.9990 | 0.0010 |
Result | Accepted | |
8. Resolution 8 |
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Description |
Continuation in office as Independent Non-Executive Director - Seow Nyoke Yoong |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 18 | 1 |
No. of Shares | 266,936,900 | 1,800 |
% of Voted Shares | 99.9990 | 0.0010 |
Result | Accepted | |
9. Resolution 9 |
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Description |
Continuation in office as Independent Non-Executive Director - Mohamad Fazlin Bin Mohamad |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 17 | 2 |
No. of Shares | 266,934,900 | 3,800 |
% of Voted Shares | 99.9990 | 0.0010 |
Result | Accepted | |
10. Resolution 10 |
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Description |
Proposed Authority to issue shares pursuant to Sections 75 and 76 of the Companies Act 2016 |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 18 | 0 |
No. of Shares | 266,936,900 | 0 |
% of Voted Shares | 100.0000 | 0.0000 |
Result | Accepted | |