[YOCB] General on 23-Nov-2021

Stock
[YOCB]: YOONG ONN CORPORATION BERHAD
Announcement Date
21-Oct-2021
Type
General
Date & Time
23-Nov-2021 10:00
Depositor Date
17-Nov-2021
Venue
Online Meeting Platform at https://meeting.boardroomlimited.my
Description
Fourteenth Annual General Meeting of Yoong Onn Corporation Berhad
YOCB AR2021_Notice of AGM Press Ad.pdf
Outcome

The Board of Directors of the Company is pleased to announce that the resolutions as set out in the Notice of the Fourteenth (14th) Annual General Meeting (AGM) dated 22 October 2021were approved by the shareholders at the AGM held today. All the resolutions were voted on poll at the 14th AGM and the results were validated by SKY Corporate ServicesSdn Bhd, the Independent Scrutineer appointed by the Company.

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

This annoucement is dated 23November 2021.

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 2021
(b) RM177,000 for the period commencing 23 November 2021 until the next Annual General
Meeting of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 64 13
No. of Shares 95,042,417 4,134
% of Voted Shares 99.9957 0.0043
Result Accepted

2. Ordinary Resolution 2

Description 
To re-elect Chew Hon Keong who is retiring in accordance with Clause 104 of the
Company's Constitution
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 71 8
No. of Shares 95,233,396 1,355
% of Voted Shares 99.9986 0.0014
Result Accepted

3. Ordinary Resolution 3

Description 
To re-elect Lee Kim Seng who is retiring in accordance with Clause 104 of the Company's Constitution
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 71 8
No. of Shares 92,281,298 2,953,453
% of Voted Shares 96.8988 3.1012
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 2021.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 70 7
No. of Shares 95,191,398 1,353
% of Voted Shares 99.9986 0.0014
Result Accepted

5. Ordinary Resolution 5

Description 
To re-appoint HLB Ler Lum Chew 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 70 7
No. of Shares 95,191,398 1,353
% of Voted Shares 99.9986 0.0014
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 67 10
No. of Shares 92,181,398 3,011,353
% of Voted Shares 96.8366 3.1634
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 66 11
No. of Shares 92,181,396 3,011,355
% of Voted Shares 96.8366 3.1634
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 69 8
No. of Shares 92,239,298 2,953,453
% of Voted Shares 96.8974 3.1026
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 69 8
No. of Shares 92,239,298 2,953,453
% of Voted Shares 96.8974 3.1026
Result Accepted

10. Ordinary Resolution 10

Description 
Authority to Allot and Issue Shares Pursuant to Sections 75 and 76 of the Companies Act
2016
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 64 13
No. of Shares 91,802,996 3,389,755
% of Voted Shares 96.4391 3.5609
Result Accepted

11. Ordinary Resolution 11

Description 
Proposed Authority for the Company to Purchase Its Own Shares of Up to Ten Percent
(10%) of the Issued and Paid-Up Share Capital of the Company
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 68 7
No. of Shares 95,133,498 59,148
% of Voted Shares 99.9379 0.0621
Result Accepted

12. Ordinary Resolution 12

Description 
Proposed New Shareholders Mandate for Recurrent Related Party Transactions of a
Revenue or Trading Nature
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 65 7
No. of Shares 11,159,263 33,148
% of Voted Shares 99.7038 0.2962
Result Accepted

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