[COASTAL] Extraordinary on 16-Dec-2021

Stock
[COASTAL]: COASTAL CONTRACTS BHD
Announcement Date
25-Nov-2021
Type
Extraordinary
Date & Time
16-Dec-2021 11:30
Depositor Date
10-Dec-2021
Venue
Block G, Lot 3B, Bandar Leila, 90000 Sandakan, Sabah
Description
COASTAL CONTRACTS BHD. Notice of the Extraordinary General Meeting
Coastal Contracts Bhd - Notice of EGM.pdf
Outcome

The Board of Directors of Coastal Contracts Bhd. ("Coastal" or "Company") wishes to announce that all the resolutions as set out in the Notice of the ExtraordinaryGeneral Meeting of COASTAL dated 26November2021 were duly passed by way of poll at the ExtraordinaryGeneral Meeting held on 16 December 2021. The results of the poll were duly verified by Messrs Tsang & Co., the independent scrutineerappointed by the Company.

This announcement is dated 16 December 2021.

Voting Results

1. ORDINARY RESOLUTION 1

Description 
PROPOSED ESTABLISHMENT OF AN EMPLOYEES' SHARE OPTION SCHEME ("ESOS") OF UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES OF COASTAL ("COASTAL SHARE(S)" OR "SHARE(S)") (EXCLUDING TREASURY SHARES, IF ANY) AT ANY POINT IN TIME TO BE GRANTED TO THE ELIGIBLE DIRECTORS AND EMPLOYEES OF COASTAL AND ITS SUBSIDIARIES WHICH ARE NOT DORMANT ("PROPOSED ESOS")
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 39 4
No. of Shares 348,541,703 241,500
% of Voted Shares 99.9300 0.0700
Result Accepted

2. ORDINARY RESOLUTION 2

Description 
PROPOSED ALLOCATION OF ESOS OPTIONS TO MR NG CHIN HENG (EXECUTIVE CHAIRMAN)
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 28 4
No. of Shares 53,877,229 241,500
% of Voted Shares 99.5500 0.4500
Result Accepted

3. ORDINARY RESOLUTION 3

Description 
PROPOSED ALLOCATION OF ESOS OPTIONS TO MR NG CHIN SHIN (EXECUTIVE DIRECTOR)
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 28 4
No. of Shares 53,877,229 241,500
% of Voted Shares 99.5500 0.4500
Result Accepted

4. ORDINARY RESOLUTION 4

Description 
PROPOSED ALLOCATION OF ESOS OPTIONS TO MR NG CHIN KEUAN (EXECUTIVE DIRECTOR)
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 28 4
No. of Shares 53,877,229 241,500
% of Voted Shares 99.5500 0.4500
Result Accepted

5. ORDINARY RESOLUTION 5

Description 
PROPOSED ALLOCATION OF ESOS OPTIONS TO MR JACOB O PANG SU YIN (INDEPENDENT NON-EXECUTIVE DIRECTOR)
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 39 4
No. of Shares 348,541,703 241,500
% of Voted Shares 99.9300 0.0700
Result Accepted

6. ORDINARY RESOLUTION 6

Description 
PROPOSED ALLOCATION OF ESOS OPTIONS TO MR LOH THIAN SANG @ LO THIAN SIANG (INDEPENDENT NON-EXECUTIVE DIRECTOR)
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 39 4
No. of Shares 348,541,703 241,500
% of Voted Shares 99.9300 0.0700
Result Accepted

7. ORDINARY RESOLUTION 7

Description 
PROPOSED ALLOCATION OF ESOS OPTIONS TO TUAN HJ. IR. INTIZAM BIN AYUB (INDEPENDENT NON-EXECUTIVE DIRECTOR)
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 39 4
No. of Shares 348,541,703 241,500
% of Voted Shares 99.9300 0.0700
Result Accepted

8. ORDINARY RESOLUTION 8

Description 
PROPOSED ALLOCATION OF ESOS OPTIONS TO MADAM PANG FONG THAU (EMPLOYEE & PERSONS CONNECTED TO DIRECTORS)
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 28 4
No. of Shares 53,877,229 241,500
% of Voted Shares 99.5500 0.4500
Result Accepted

9. ORDINARY RESOLUTION 9

Description 
PROPOSED ALLOCATION OF ESOS OPTIONS TO MADAM NG SAN YIN (EMPLOYEE & PERSONS CONNECTED TO DIRECTORS)
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 28 4
No. of Shares 53,877,229 241,500
% of Voted Shares 99.5500 0.4500
Result Accepted

10. ORDINARY RESOLUTION 10

Description 
PROPOSED ALLOCATION OF ESOS OPTIONS TO MR NG SAN CHEN (EMPLOYEE & PERSONS CONNECTED TO DIRECTORS)
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 28 4
No. of Shares 53,877,229 241,500
% of Voted Shares 99.5500 0.4500
Result Accepted

11. ORDINARY RESOLUTION 11

Description 
PROPOSED ALLOCATION OF ESOS OPTIONS TO MS ALICE NG (EMPLOYEE & PERSONS CONNECTED TO DIRECTORS)
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 28 4
No. of Shares 53,877,229 241,500
% of Voted Shares 99.5500 0.4500
Result Accepted

12. ORDINARY RESOLUTION 12

Description 
PROPOSED ALLOCATION OF ESOS OPTIONS TO MR NG SAN YANG (EMPLOYEE & PERSONS CONNECTED TO DIRECTORS)
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 28 4
No. of Shares 53,877,229 241,500
% of Voted Shares 99.5500 0.4500
Result Accepted

13. ORDINARY RESOLUTION 13

Description 
PROPOSED ALLOCATION OF ESOS OPTIONS TO MR LAU JOO TING (EMPLOYEE & PERSONS CONNECTED TO DIRECTORS)
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 28 4
No. of Shares 53,877,229 241,500
% of Voted Shares 99.5500 0.4500
Result Accepted

14. ORDINARY RESOLUTION 14

Description 
PROPOSED ALLOCATION OF ESOS OPTIONS TO MR NG CHIN HEONG (EMPLOYEE & PERSONS CONNECTED TO DIRECTORS)
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 28 4
No. of Shares 53,877,229 241,500
% of Voted Shares 99.5500 0.4500
Result Accepted

15. ORDINARY RESOLUTION 15

Description 
PROPOSED ALLOCATION OF ESOS OPTIONS TO MS NG CHUI LAI (EMPLOYEE & PERSONS CONNECTED TO DIRECTORS)
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 28 4
No. of Shares 53,877,229 241,500
% of Voted Shares 99.5500 0.4500
Result Accepted

16. ORDINARY RESOLUTION 16

Description 
PROPOSED ALLOCATION OF ESOS OPTIONS TO MR NG CHIN KOK (EMPLOYEE & PERSONS CONNECTED TO DIRECTORS)
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 28 4
No. of Shares 53,877,229 241,500
% of Voted Shares 99.5500 0.4500
Result Accepted

17. ORDINARY RESOLUTION 17

Description 
PROPOSED ALLOCATION OF ESOS OPTIONS TO MADAM NG LAI WHOON (EMPLOYEE & PERSONS CONNECTED TO DIRECTORS)
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 28 4
No. of Shares 53,877,229 241,500
% of Voted Shares 99.5500 0.4500
Result Accepted

18. ORDINARY RESOLUTION 18

Description 
PROPOSED ALLOCATION OF ESOS OPTIONS TO MR KOMKRISK MAHAKUNKITCHAREON (EMPLOYEE & PERSONS CONNECTED TO DIRECTORS)
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 28 4
No. of Shares 53,877,229 241,500
% of Voted Shares 99.5500 0.4500
Result Accepted

Remark
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