[WONG] General on 25-Mar-2021

Stock
[WONG]: WONG ENGINEERING CORPORATION
Announcement Date
24-Feb-2021
Type
General
Date & Time
25-Mar-2021 09:30
Depositor Date
18-Mar-2021
Venue
Broadcast Venue: Tricor Business Centre, Manuka 2 & 3 Meeting Room, Unit 29-01, Level 29, Tower A, Vertical Business Suite, Avenue 3, Bangsar South, No. 8, Jalan Kerinchi, 59200 Kuala Lumpur
Description
Twenty-Fourth Annual General Meeting
WEC Notice of 24th AGM.pdf
Outcome

Wong Engineering Corporation Berhad ("the Company") wishes to announce that at the Twenty-Fourth Annual General Meeting ("24thAGM") of the Company held today, all the 9ordinary resolutions set out in the Notice of the 24thAGM dated 25 February 2021 were duly passed by way of poll. The results of the poll were duly validated by Messrs Asia Securities Sdn Berhad,the independent Scrutineer appointed by the Company.

This announcement is dated 25 March 2021.

Voting Results

1. Ordinary Resolution 1

Description 
To approve a final single tier dividend of 0.50 sen per ordinary share for the financial year ended 31 October 2020.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 33 2
No. of Shares 56,435,911 2,502
% of Voted Shares 99.9956 0.0044
Result Accepted

2. Ordinary Resolution 2

Description 
To approve the payment of Directors Fees totaling RM300,000 for the period from this Annual General Meeting ("AGM") until the next AGM in 2022.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 33 2
No. of Shares 56,435,911 2,502
% of Voted Shares 99.9956 0.0044
Result Accepted

3. Ordinary Resolution 3

Description 
To approve the payment of benefits payable of up to RM50,000 for the period from this AGM until the next AGM in 2022.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 31 4
No. of Shares 56,435,904 2,509
% of Voted Shares 99.9956 0.0044
Result Accepted

4. Ordinary Resolution 4

Description 
To re-elect Yong Loy Huat who retires pursuant to Clause 103 of the Company's Constitution and being eligible, offer himself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 33 2
No. of Shares 56,435,911 2,502
% of Voted Shares 99.9956 0.0044
Result Accepted

5. Ordinary Resolution 5

Description 
To re-elect Eng Teik Hiang who retires pursuant to Clause 103 of the Company's Constitution and being eligible, offer himself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 33 2
No. of Shares 56,435,911 2,502
% of Voted Shares 99.9956 0.0044
Result Accepted

6. Ordinary Resolution 6

Description 
To re-appoint KPMG PLT as Auditors of the Company until the next AGM of the Company and to authorize the Directors to fix their remuneration.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 31 4
No. of Shares 56,435,904 2,509
% of Voted Shares 99.9956 0.0044
Result Accepted

7. Ordinary Resolution 7

Description 
Authority to issue Shares pursuant to Sections 75 and 76 of the Companies Act 2016.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 31 4
No. of Shares 56,435,904 2,509
% of Voted Shares 99.9956 0.0044
Result Accepted

8. Ordinary Resolution 8

Description 
Proposed Renewal of Authority to Buy-Back its Own Shares by the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 33 2
No. of Shares 56,435,911 2,502
% of Voted Shares 99.9956 0.0044
Result Accepted

9. Ordinary Resolution 9

Description 
Proposed Renewal of Existing Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 24 4
No. of Shares 146,029 2,509
% of Voted Shares 98.3109 1.6891
Result Accepted

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