[PWF] General on 30-Sep-2021

Stock
[PWF]: PWF CORPORATION BERHAD
Announcement Date
14-Sep-2021
Type
General
Date & Time
30-Sep-2021 16:00
Depositor Date
24-Sep-2021
Venue
Online Meeting Platfomr https://meeting.boardroomlimited.my Domain Registration No. with MYNIC - D6A357657)
Description
NOTIFICATION ON CHANGE OF VENUE OF THE POSTPONED 24TH ANNUAL GENERAL MEETING FROM PHYSICAL MEETING TO FULLY VIRTUAL MEETING
PWF Notification(FullyVirtual)24thAGM(14Sept2021).pdf
Outcome

The Board of Directors of PWF CORPORATION BHD ("the Company") is pleased to announce that all the resolutions as set out the Postponed 24th Annual General Meeting ("AGM") of the Company were duly passed by the shareholders of the Company at its 24th AGM duly held on 30 September 2021.

All the resolutions were voted by a poll and the results were validated by Sky Corporate Services Sdn Bhd, the independent scruitneer appointed by the Company.

This announcement is dated 30th September 2021

Voting Results

1. Ordinary Resolution 1

Description 
To re-elect Ms. Ooi Ki Wei, the Executive Director of the Company, who retired in accordance with Article 88 of the Constitution of the Company, and being eligible offered herself for re-election
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 25 2
No. of Shares 103,929,684 2,806
% of Voted Shares 99.9973 0.0027
Result Accepted

2. Ordinary Resolution 2

Description 
To re-elect Dato Dr. Abdul Malek Bin Mohamed Hanafiah, the Independent Non-Executive Director of the Company, who retired in accordance with Article 88 of the Constitution of the Company, and being eligible offered himself for re-election
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 25 3
No. of Shares 104,596,017 2,808
% of Voted Shares 99.9973 0.0027
Result Accepted

3. Ordinary Resolution 3

Description 
To re-elect Tuan Zainal Bin Pandak, the Independent Non-Executive Director of the Company, who retired in accordance with Article 88 of the Constitution of the Company, and being eligible offered himself for re-election
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 25 3
No. of Shares 104,596,017 2,808
% of Voted Shares 99.9973 0.0027
Result Accepted

4. Ordinary Resolution 4

Description 
To approve Directors' Fees of up to RM388,000 for the financial year ending 31 December 2021
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 25 3
No. of Shares 104,596,017 2,808
% of Voted Shares 99.9973 0.0027
Result Accepted

5. Ordinary Resolution 5

Description 
To approve the payment of benefits payable to the Directors of the Company up to an amount of RM55,000, from 30 June 2021 to the next AGM of the Company
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 23 5
No. of Shares 104,595,977 2,848
% of Voted Shares 99.9973 0.0027
Result Accepted

6. Ordinary Resolution 6

Description 
To re-appoint Messrs Grant Thornton Malaysia PLT as Auditors to hold office until the conclusion of the next AGM and to authorise the Board to fix their remuneration
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 27 1
No. of Shares 104,598,776 49
% of Voted Shares 99.9999 0.0001
Result Accepted

7. Ordinary Resolution 7

Description 
To approve the authority to issue and allot shares pursuant to Section 76 of the Companies Act 2016
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 24 4
No. of Shares 104,595,967 2,858
% of Voted Shares 99.9973 0.0027
Result Accepted

8. Ordinary Resolution 8

Description 
To approve the Proposed Renewal Authority to Buy Back its Own Shares by the Company
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 24 4
No. of Shares 104,595,967 2,858
% of Voted Shares 99.9973 0.0027
Result Accepted

9. Ordinary Resolution 9

Description 
To retain Mr. Ong Kim Nam, who has served for more than nine (9) years as Independent Non-Executive Director of the Company, pursuant to Practice 4.2 of Malaysian Code on Corporate Governance.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 5 0
No. of Shares 93,859,984 0
% of Voted Shares 100.0000 0.0000
Result Accepted

10. Ordinary Resolution 10

Description 
To retain Tuan Zainal Bin Pandak, who has served for more than nine (9) years as Independent Non-Executive Director of the Company, pursuant to Practice 4.2 of Malaysian Code on Corporate Governance.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 5 0
No. of Shares 93,859,984 0
% of Voted Shares 100.0000 0.0000
Result Accepted

11. Ordinary Resolution 11

Description 
To approve the Proposed Renewal of the Dividend Reinvestment Plan
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 25 3
No. of Shares 104,596,017 2,808
% of Voted Shares 99.9973 0.0027
Result Accepted

12. Ordinary Resolution 9 - Tier 2

Description 
To retain Mr. Ong Kim Nam, who has served for more than nine (9) years as Independent Non-Executive Director of the Company, pursuant to Practice 4.2 of Malaysian Code on Corporate Governance.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 20 2
No. of Shares 10,651,443 2,806
% of Voted Shares 99.9737 0.0263
Result Accepted

13. Ordinary Resolution 10 - Tier 2

Description 
To retain Tuan Zainal Bin Pandak, who has served for more than nine (9) years as Independent Non-Executive Director of the Company, pursuant to Practice 4.2 of Malaysian Code on Corporate Governance.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 20 3
No. of Shares 10,736,033 2,808
% of Voted Shares 99.9739 0.0261
Result Accepted

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