The Board of Directors of Advancecon Holdings Berhad (“Advancecon” or “Company”) wishes to announce that all the resolutions set out in the Notice of the 24th Annual General Meeting of the Company dated 27 April 2021 were duly passed by the shareholders of the Company by way of poll using online meeting platform of TIIH Online via its websiteat https://tiih.online at the 24th AGM held on 17 June 2021.
The results of the poll were validated by Asia Securities Sdn Berhad, the Independent Scrutineer appointed by the Company.
This announcement is dated 17 June 2021.
Voting Results |
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1. Ordinary Resolution 1 |
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Description |
To approve the payment of Directors fees and other benefits of up to RM305,400 in respect of the period from 18 June 2021 until the conclusion of the next AGM of the Company. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 36 | 7 |
No. of Shares | 63,940,511 | 53,000 |
% of Voted Shares | 99.9172 | 0.0828 |
Result | Accepted | |
2. Ordinary Resolution 2 |
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Description |
To re-elect Dato' Phum Ang Kia, who is retiring by rotation in accordance with Clause 125 of the Company's Constitution. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 38 | 6 |
No. of Shares | 63,951,501 | 46,010 |
% of Voted Shares | 99.9281 | 0.0719 |
Result | Accepted | |
3. Ordinary Resolution 3 |
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Description |
To re-elect Fathi Ridzuan bin Ahmad Fauzi, who is retiring by rotation in accordance with Clause 125 of the Company's Constitution. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 38 | 6 |
No. of Shares | 63,951,501 | 46,010 |
% of Voted Shares | 99.9281 | 0.0719 |
Result | Accepted | |
4. Ordinary Resolution 4 |
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Description |
To re-appoint Messrs. Crowe 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 | 38 | 6 |
No. of Shares | 63,951,501 | 46,010 |
% of Voted Shares | 99.9281 | 0.0719 |
Result | Accepted | |
5. Ordinary Resolution 5 |
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Description |
Authority to issue and allot 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 | 35 | 9 |
No. of Shares | 60,483,101 | 3,514,410 |
% of Voted Shares | 94.5085 | 5.4915 |
Result | Accepted | |
6. Ordinary Resolution 6 |
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Description |
Proposed Renewal of Authority for the Company to Purchase its Own Ordinary Shares. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 38 | 6 |
No. of Shares | 63,871,511 | 126,000 |
% of Voted Shares | 99.8031 | 0.1969 |
Result | Accepted | |