[YOCB] General on 26-Nov-2020

Stock
[YOCB]: YOONG ONN CORPORATION BERHAD
Announcement Date
11-Nov-2020
Type
General
Date & Time
26-Nov-2020 10:00
Depositor Date
19-Nov-2020
Venue
12th Floor, Menara Symphony, No 5, Jalan Prof Khoo Kay Kim, Seksyen 13, 46200 Petaling Jaya, Selangor Darul Ehsan.
Description
Notification to Shareholders of the fully virtual 13th Annual General Meeting of Yoong Onn Corporation Berhad via Remote Participation and Electronic Voting Facilities. The date and time remain unchanged.
Administrative Guide - Virtual Meeting.pdf
Outcome

The Board of Directors of the Company is pleased to announce that the resolutions as set out in the amended Notice of the thirteenth (13th) Annual General Meeting (AGM) dated 19November 2020were approved by the shareholders at the AGM held today. All the resolutions were voted on poll at the 13th AGM and the results were validated by Ms. Wong, the representative from Asia Securities Sdn Bhd, the Independent Scrutineer appointed by the Company.

The details of the results of the poll are set out below.

This annoucement is dated 26November 2020.

Voting Results

1. Ordinary Resolution 1

Description 
To approve the payment of Directors fee of 
(a)	RM177,000 for the financial year ended 30 June 2020
(b)	RM177,000 for the period commencing 26 November 2020 until the next Annual General Meeting of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 54 3
No. of Shares 95,013,349 5
% of Voted Shares 100.0000 0.0000
Result Accepted

2. Ordinary Resolution 2

Description 
To re-elect Chew Hon Foong who is retiring in accordance with Clause 104 of the Company's Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 56 3
No. of Shares 95,169,349 5
% of Voted Shares 100.0000 0.0000
Result Accepted

3. Ordinary Resolution 3

Description 
To re-elect Yeoh Chong Keng who is retiring in accordance with Clause 104 of the Companys Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 54 5
No. of Shares 87,768,749 7,400,605
% of Voted Shares 92.2238 7.7762
Result Accepted

4. Ordinary Resolution 4

Description 
To approve the payment of single tier final dividend 1.5 sen per ordinary share in respect of the financial year ended 30 June 2020.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 56 3
No. of Shares 95,169,349 5
% of Voted Shares 100.0000 0.0000
Result Accepted

5. Ordinary Resolution 5

Description 
To re-appoint HLB Ler Lum PLT as Auditors of the Company for the ensuing year and to authorise the Directors to fix their remuneration.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 56 3
No. of Shares 95,169,349 5
% of Voted Shares 100.0000 0.0000
Result Accepted

6. Ordinary Resolution 6

Description 
To re-appoint Datuk Kamaluddin Bin Yusoff as Independent Non-Executive Director.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 54 5
No. of Shares 87,768,749 7,400,605
% of Voted Shares 92.2238 7.7762
Result Accepted

7. Ordinary Resolution 7

Description 
To re-appoint Datuk Hairuddin Bin Mohamed as Independent Non-Executive Director.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 54 5
No. of Shares 87,768,749 7,400,605
% of Voted Shares 92.2238 7.7762
Result Accepted

8. Ordinary Resolution 8

Description 
To re-appoint Mr Yeoh Chong Keng as Independent Non-Executive Director.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 54 5
No. of Shares 87,768,749 7,400,605
% of Voted Shares 92.2238 7.7762
Result Accepted

9. Ordinary Resolution 9

Description 
To re-appoint Mr Lee Kim Seng as Independent Non-Executive Director.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 54 5
No. of Shares 87,768,749 7,400,605
% of Voted Shares 92.2238 7.7762
Result Accepted

10. Ordinary Resolution 10

Description 
To approve the authority to Directors to issue shares.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 54 5
No. of Shares 87,768,749 7,400,605
% of Voted Shares 92.2238 7.7762
Result Accepted

11. Ordinary Resolution 11

Description 
To approve the proposed authority for share buy-back.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 56 3
No. of Shares 95,169,349 5
% of Voted Shares 100.0000 0.0000
Result Accepted

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