YTL Power International Berhad ("YTL Power") is pleased to announce that all resolutions set out in the Notice of 24thAnnual General Meeting dated 30October 2020were duly passed by the shareholders of YTL Power by way of poll voting.
The results of the poll which were validated by Coopers Professional ScrutineersSdn Bhd, the Independent Scrutineer appointed by YTL Power, are set out below:-
Voting Results |
||
1. Ordinary Resolution 1 |
||
Description |
To re-elect Dato' Yeoh Seok Kian who retires pursuant to Article 86 of the Company's Constitution |
|
Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 300 | 58 |
No. of Shares | 7,078,137,224 | 35,890,588 |
% of Voted Shares | 99.4955 | 0.5045 |
Result | Accepted | |
2. Ordinary Resolution 2 |
||
Description |
To re-elect Dato' Sri Michael Yeoh Sock Siong who retires pursuant to Article 86 of the Company's Constitution |
|
Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 298 | 60 |
No. of Shares | 7,078,034,017 | 35,993,795 |
% of Voted Shares | 99.4940 | 0.5060 |
Result | Accepted | |
3. Ordinary Resolution 3 |
||
Description |
To re-elect Dato' Mark Yeoh Seok Kah who retires pursuant to Article 86 of the Company's Constitution |
|
Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 298 | 60 |
No. of Shares | 7,078,040,926 | 35,986,886 |
% of Voted Shares | 99.4941 | 0.5059 |
Result | Accepted | |
4. Ordinary Resolution 4 |
||
Description |
To approve the payment of fees to Non-Executive Directors amounting to RM861,640 for the financial year ended 30 June 2020 |
|
Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 316 | 42 |
No. of Shares | 7,090,566,904 | 24,274,317 |
% of Voted Shares | 99.6588 | 0.3412 |
Result | Accepted | |
5. Ordinary Resolution 5 |
||
Description |
To approve the payment of meeting attendance allowance of RM1,000 per meeting for each Non-Executive Director for the period from January 2021 to December 2021 |
|
Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 322 | 36 |
No. of Shares | 7,113,550,823 | 1,289,206 |
% of Voted Shares | 99.9819 | 0.0181 |
Result | Accepted | |
6. Ordinary Resolution 6 |
||
Description |
To re-appoint PricewaterhouseCoopers PLT as Auditors of the Company and to authorise the Directors to fix their remuneration |
|
Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 304 | 55 |
No. of Shares | 7,074,329,132 | 39,702,860 |
% of Voted Shares | 99.4419 | 0.5581 |
Result | Accepted | |
7. Ordinary Resolution 7 |
||
Description |
To approve the authority to Directors to allot shares pursuant to Sections 75 and 76 of the Companies Act, 2016 |
|
Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 321 | 36 |
No. of Shares | 6,491,011,698 | 623,810,915 |
% of Voted Shares | 91.2322 | 8.7678 |
Result | Accepted | |
8. Ordinary Resolution 8 |
||
Description |
To approve the proposed renewal of Share Buy-Back Authority |
|
Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 345 | 15 |
No. of Shares | 7,113,611,883 | 1,234,601 |
% of Voted Shares | 99.9826 | 0.0174 |
Result | Accepted | |
9. Ordinary Resolution 9 |
||
Description |
To approve the proposed renewal of Shareholder Mandate for Recurrent Related Party Transactions of a revenue or trading nature |
|
Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 320 | 19 |
No. of Shares | 1,530,847,468 | 1,184,840 |
% of Voted Shares | 99.9227 | 0.0773 |
Result | Accepted | |