The Board of Directors of SYF Resources Berhad (“SYF” or “the Company”) is pleased to announce that theresolutionsas set out in the Notice of the Twenty-Fifth (25th) Annual General Meeting ("AGM")dated 30 November 2020were duly passed by the Shareholdersof the Company at the 25thAGMheld today, 7 January 2021.
The voting in respect of the resolutions was carried out by way of a poll via Remote Participation and Voting Facilities and the results were validated by Symphony Merchant Sdn. Bhd., the Independent Scrutineer appointed by the Company.
This announcement is dated 7 January 2021.
Voting Results |
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1. Ordinary Resolution 1 |
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Description |
To approve the payment of Directors' Fees to the Non-Executive Directors of the Company up to RM151,000 for the financial year ended 31 July 2020. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 12 | 3 |
No. of Shares | 391,110,500 | 39,000 |
% of Voted Shares | 99.9900 | 0.0010 |
Result | Accepted | |
2. Ordinary Resolution 2 |
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Description |
To approve the payment of Directors' Benefits to the Non-Executive Directors of the Company up to an amount of RM70,000 from 8 January 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 | 12 | 3 |
No. of Shares | 391,110,500 | 39,000 |
% of Voted Shares | 99.9900 | 0.0010 |
Result | Accepted | |
3. Ordinary Resolution 3 |
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Description |
To re-elect Dato' Sri Ng Ah Chai who is retiring by rotation to Clause 103(1) of the Company's Constitution. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 14 | 1 |
No. of Shares | 391,149,400 | 100 |
% of Voted Shares | 99.9999 | 0.0001 |
Result | Accepted | |
4. Ordinary Resolution 4 |
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Description |
To re-elect Dato' Mohamad Azmi Bin Ali who is retiring by rotation to Clause 103(1) of the Company's Constitution. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 12 | 3 |
No. of Shares | 391,149,300 | 200 |
% of Voted Shares | 99.9999 | 0.0001 |
Result | Accepted | |
5. Ordinary Resolution 5 |
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Description |
To re-appoint Messrs. UHY as Auditors of the Company for ensuing year and to authorise the Directors to fix their remuneration. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 14 | 1 |
No. of Shares | 391,149,412 | 88 |
% of Voted Shares | 99.9999 | 0.0001 |
Result | Accepted | |
6. Special Resolution 1 |
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Description |
Proposed Amendments to the Constitution of the Company. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 15 | 0 |
No. of Shares | 391,149,500 | 0 |
% of Voted Shares | 100.0000 | 0.0000 |
Result | Accepted | |
7. Ordinary Resolution 6 |
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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 | 15 | 0 |
No. of Shares | 391,149,500 | 0 |
% of Voted Shares | 100.0000 | 0.0000 |
Result | Accepted | |
8. Ordinary Resolution 7 |
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Description |
Proposed Renewal of Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 14 | 0 |
No. of Shares | 89,252,500 | 0 |
% of Voted Shares | 100.0000 | 0.0000 |
Result | Accepted | |
9. Ordinary Resolution 8 |
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Description |
Proposed Renewal of Authority for the Company to Purchase its Own Shares. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 15 | 0 |
No. of Shares | 391,149,500 | 0 |
% of Voted Shares | 100.0000 | 0.0000 |
Result | Accepted | |
10. Ordinary Resolution 9 |
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Description |
Retention of Datuk Mohamed Arsad Bin Sehan as Independent Non-Executive Director. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 13 | 2 |
No. of Shares | 391,149,400 | 100 |
% of Voted Shares | 99.9999 | 0.0001 |
Result | Accepted | |