[YONGTAI] General on 23-Nov-2020

Stock
[YONGTAI]: YONG TAI BHD
Announcement Date
16-Nov-2020
Type
General
Date & Time
23-Nov-2020 10:00
Depositor Date
16-Nov-2020
Venue
Broadcast Venue: A-7-01, Block A, Oasis Damansara, No. 2, Jalan PJU 1A/7A, Ara Damansara, 47301 Petaling Jaya, Selangor,
Description
Change of venue of the Twenty-Sixth Annual General Meeting due to the extension of Conditional Movement Control Order from 9.11.2020 to 6.12.2020 and via remote participation and voting facilities on the same date.
YTB_Notification to Shareholders_Administrative Guide Virtual AGM.pdf
Outcome

The Board of Directors of Yong Tai Berhad ("the Company") is pleased to announce that all resolutions as set out in the Notice of Annual General Meeting ("AGM") of the Company dated 26 October 2020 were approved by Shareholders by way of poll at the AGM held on 23 November 2020.

The results of the poll were validated by HMC Corporate Services Sdn Bhd, the independent scrutineer appointed by the Company.

The poll results is attached herewith.

This announcement is dated 23 November 2020.

Voting Results

1. Ordinary Resolution 1

Description 
To approve the payment of Directors' Fees amounting to RM710,000.00 and benefits of RM7,800.00 in respect of the financial year ended 30 June 2020.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 72 4
No. of Shares 444,862,475 302
% of Voted Shares 99.9999 0.0001
Result Accepted

2. Ordinary Resolution 2

Description 
To approve the payment of Directors' Fees and benefits up to an amount not exceeding RM910,000.00 for the financial year ending 30 June 2021 and up to the date of the next Annual General Meeting of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 72 5
No. of Shares 444,872,375 402
% of Voted Shares 99.9999 0.0001
Result Accepted

3. Ordinary Resolution 3

Description 
To re-elect the Director who shall retires by rotation in accordance with Clause 81 of the Company's Constitution and being eligible, offer himself for re-election - Datuk Ng Bee Ken.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 75 2
No. of Shares 444,872,577 200
% of Voted Shares 100.0000 0.0000
Result Accepted

4. Ordinary Resolution 4

Description 
To re-elect the Director who shall retires by rotation in accordance with Clause 81 of the Company's Constitution and being eligible, offer himself for re-election - Mr. Subramaniam A/L A.V. Sankar.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 75 2
No. of Shares 444,872,577 200
% of Voted Shares 100.0000 0.0000
Result Accepted

5. Ordinary Resolution 5

Description 
To re-elect the Director who shall retires by rotation in accordance with Clause 81 of the Company's Constitution and being eligible, offer herself for re-election - Ms. Wong Sze Wing.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 0 0
No. of Shares 0 0
% of Voted Shares 0.0000 0.0000
Result Withdrawn/ Postponed

6. Ordinary Resolution 6

Description 
To re-elect the Director who shall retires by rotation in accordance with Clause 86 of the Company's Constitution and being eligible, offer himself for re-election - Mr. Chan Wai Kit.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 74 3
No. of Shares 444,866,177 6,600
% of Voted Shares 99.9985 0.0015
Result Accepted

7. Ordinary Resolution 7

Description 
To re-appoint Messrs. RSM Malaysia as Auditors of the Company for the financial year ending 30 June 2021 and to authorise the Board of Directors to fix their remuneration.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 75 2
No. of Shares 444,872,577 200
% of Voted Shares 100.0000 0.0000
Result Accepted

8. Ordinary Resolution 8

Description 
To approve the authority to allot and issue shares pursuant to Sections 75 & 76 of the Companies Act, 2016.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 74 2
No. of Shares 444,862,577 200
% of Voted Shares 100.0000 0.0000
Result Accepted

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