[WANGZNG] General on 23-Sep-2020

Stock
[WANGZNG]: WANG-ZHENG BHD
Announcement Date
29-Jun-2020
Type
General
Date & Time
23-Sep-2020 11:00
Depositor Date
14-Sep-2020
Venue
No. 1, Jalan Utarid U5/19, Section U5, 40150, Shah Alam, Selangor,
Description
The Notice of the Seventeenth Annual General Meeting (17th) of Wang-Zheng Berhad
WZ- Notice 2020 together with Administrative Guide.pdf
Outcome

The Board of Directors of Wang-Zheng Berhad ("Wang-Zheng" or "the Company") wishes to announce that the shareholders of Wang-Zheng have at its Seventeenth (17th) Annual General Meeting ("AGM") held on 23 September 2020 passed all the resolutions as set out in the Notice of AGM dated 30 June2020 by way of voting on poll.

The results of the poll were validated by SLCC Networks Sdn. Bhd., the Scrutineer appointed by the Company.

This announcement is dated 23 September 2020

Voting Results

1. Ordinary Resolution 1

Description 
To approve the payment of the First and Final Single Tier Tax Exempt Dividend of 4.5 sen per share under the single-tier system in respect of the financial year ended 31 December 2019.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 17 2
No. of Shares 89,969,944 6
% of Voted Shares 100.0000 0.0000
Result Accepted

2. Ordinary Resolution 2

Description 
To approve the payment of Directors fees of up to RM162,000 and other benefits of up to RM120,000 in respect of the period from 23 September 2020 until the conclusion of the next AGM of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 16 1
No. of Shares 87,948,626 3
% of Voted Shares 100.0000 0.0000
Result Accepted

3. Ordinary Resolution 3

Description 
To re-elect Goh Kheng Jiu, who retires by rotation in accordance with Article 105(1) of the Constitution of the Company and being eligible, has offered himself for re-election
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 19 1
No. of Shares 86,024,904 3
% of Voted Shares 100.0000 0.0000
Result Accepted

4. Ordinary Resolution 4

Description 
To re-elect Loo Choo Hong, who retires by rotation in accordance with Article 105(1) of the Constitution of the Company and being eligible, has offered himself for re-election
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 20 0
No. of Shares 88,059,026 0
% of Voted Shares 100.0000 0.0000
Result Accepted

5. Ordinary Resolution 5

Description 
To re-elect Sze Man Bok, who retires by rotation in accordance with Article 105(1) of the Constitution of the Company and being eligible, has offered himself for re-election
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 21 2
No. of Shares 88,069,026 33,003
% of Voted Shares 99.9625 0.0375
Result Accepted

6. Ordinary Resolution 6

Description 
To re-elect Hui Ching Chi, who retires by rotation in accordance with Article 105(1) of the Constitution of the Company and being eligible, has offered himself for re-election
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 21 2
No. of Shares 88,069,026 6
% of Voted Shares 100.0000 0.0000
Result Accepted

7. Ordinary Resolution 7

Description 
To appoint Messrs PricewaterhouseCoopers PLT ("PWC"), as Auditors of the Company in place of the retiring Auditors, Messrs UHY ("UHY") and to hold office until the conclusion of the next Annual General Meeting and to authorise the Directors to fix their remuneration.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 21 2
No. of Shares 88,002,526 6
% of Voted Shares 100.0000 0.0000
Result Accepted

8. Ordinary Resolution 8

Description 
To approve Maj Gen Dato' Pahlawan Dr Mohona Dass A/L Ramasamy (Rtd), each of whom has served as an Independent Non-Executive Director ("INED") for more than twelve years, to continue to act as INED of the Company
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 1 0
No. of Shares 80,003,000 0
% of Voted Shares 100.0000 0.0000
Result Accepted

9. Ordinary Resolution 9

Description 
To approve Loo Choo Hong, each of whom has served as an Independent Non-Executive Director ("INED") for more than twelve years, to continue to act as INED of the Company
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 1 0
No. of Shares 80,003,000 0
% of Voted Shares 100.0000 0.0000
Result Accepted

10. Ordinary Resolution 10

Description 
To approve Ch'ng Eng Hing, each of whom has served as an Independent Non-Executive Director ("INED") for more than twelve years, to continue to act as INED of the Company
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 1 0
No. of Shares 80,003,000 0
% of Voted Shares 100.0000 0.0000
Result Accepted

11. Ordinary Resolution 11

Description 
To approve Low Yu Keat, each of whom has served as an Independent Non-Executive Director ("INED") for more than twelve years, to continue to act as INED of the Company
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 1 0
No. of Shares 80,003,000 0
% of Voted Shares 100.0000 0.0000
Result Accepted

12. Ordinary Resolution 12

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 20 2
No. of Shares 6,843,893 6
% of Voted Shares 99.9999 0.0001
Result Accepted

13. Ordinary Resolution 13

Description 
Authority to Issue and Allot Shares pursuant to Sections 75 And 76 of The Act
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 19 2
No. of Shares 87,988,924 6,003
% of Voted Shares 99.9932 0.0068
Result Accepted

14. Ordinary Resolution 14

Description 
Proposed Renewal of Authority to Purchase Its Own Shares of up to 10% of the Total Number of Issued Shares in the Company
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 19 0
No. of Shares 87,895,424 0
% of Voted Shares 100.0000 0.0000
Result Accepted

15. Ordinary Resolution 8 - Tier 2

Description 
To approve Maj Gen Dato' Pahlawan Dr Mohona Dass A/L Ramasamy (Rtd), each of whom has served as an Independent Non-Executive Director ("INED") for more than twelve years, to continue to act as INED of the Company
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 20 2
No. of Shares 8,066,026 6
% of Voted Shares 99.9999 0.0001
Result Accepted

16. Ordinary Resolution 9 - Tier 2

Description 
To approve Loo Choo Hong, each of whom has served as an Independent Non-Executive Director ("INED") for more than twelve years, to continue to act as INED of the Company
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 19 2
No. of Shares 8,056,026 6
% of Voted Shares 99.9999 0.0001
Result Accepted

17. Ordinary Resolution 10 - Tier 2

Description 
To approve Ch'ng Eng Hing, each of whom has served as an Independent Non-Executive Director ("INED") for more than twelve years, to continue to act as INED of the Company
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 17 2
No. of Shares 8,038,626 6
% of Voted Shares 99.9999 0.0001
Result Accepted

18. Ordinary Resolution 11 - Tier 2

Description 
To approve Low Yu Keat, each of whom has served as an Independent Non-Executive Director ("INED") for more than twelve years, to continue to act as INED of the Company
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 18 1
No. of Shares 7,896,526 3
% of Voted Shares 100.0000 0.0000
Result Accepted

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