[AWC] General on 25-Nov-2021

Stock
[AWC]: AWC BERHAD
Announcement Date
25-Oct-2021
Type
General
Date & Time
25-Nov-2021 10:00
Depositor Date
17-Nov-2021
Venue
Broadcast Venue Tricor Boardroom, Unit 30-01, Level 30, Tower A Vertical Business Suite, Avenue 3, Bangsar South, No. 8 Jalan Kerinchi 59200 Kuala Lumpur, Wilayah Persekutuan
Description
AWC BERHAD ("AWC" OR "THE COMPANY") - NOTICE OF TWENTIETH ANNUAL GENERAL MEETING ("20th AGM") (The 20th AGM will be conducted on fully virtual basis and entirely via remote participation and electronic voting through live streaming)
AWC Berhad - Notice of 20th AGM and Administrative Notes.pdf
Outcome

The Board of Directors of AWC Berhad ("the Company") wishes to announce that all the resolutions under Ordinary and Special Businesses as prescribed in the Notice of Twentieth Annual General Meeting ("20th AGM") of the Company dated 26 October 2021 were duly passed by the shareholders of the Company by way of poll via remote participation and voting at the 20th AGM of the Company held on Thursday, 25 November 2021.

The result of the poll was validated by Asia Securities Sdn. Bhd., the independent scrutineer appointed by the Company.

The Audited Financial Statements for the financial year ended 30 June 2021 together with the Reports of the Directors and Auditors thereon were received and duly tabled at the 20th AGM of the Company under Agenda 1.

Please refer to the attachment for the details of the outcome.

This announcement is dated 25 November 2021.

Voting Results

1. Ordinary Resolution 1

Description 
To approve the distribution of a Final Single-Tier dividend of 1.0 sen per ordinary share for the financial year ended 30 June 2021.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 99 9
No. of Shares 121,741,912 108
% of Voted Shares 99.9900 0.0001
Result Accepted

2. Ordinary Resolution 2

Description 
To approve the payment of Directors' fees and benefits of up to RM308,000 for the period commencing from the date immediately after the 20th AGM until the date of the next Annual General Meeting of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 87 18
No. of Shares 120,252,292 924,728
% of Voted Shares 99.2369 0.7631
Result Accepted

3. Ordinary Resolution 3

Description 
To re-elect Tunku Puan Sri Dato' Hajjah Noor Hayati Binti Tunku Abdul Rahman Putra Al-Haj as Director who retires by rotation in accordance with Clause 85 of the Company's Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 92 14
No. of Shares 120,719,329 922,391
% of Voted Shares 99.2417 0.7583
Result Accepted

4. Ordinary Resolution 4

Description 
To re-appoint Baker Tilly Monteiro Heng PLT as Auditors of the Company until the conclusion of the next Annual General Meeting of the Company and to authorise the Directors to fix their remuneration.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 97 10
No. of Shares 121,491,912 190,108
% of Voted Shares 99.8438 0.1562
Result Accepted

5. Ordinary Resolution 5

Description 
To retain Dato' Nik Mod Amin Bin Nik Abd Majid as an Independent Non-Executive Director of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 2 0
No. of Shares 101,073,300 0
% of Voted Shares 100.0000 0.0000
Result Accepted

6. Ordinary Resolution 6

Description 
To approve the general authority for the Directors to allot and issue shares pursuant to Sections 75 and 76 of the Companies Act 2016.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 92 15
No. of Shares 120,748,529 993,191
% of Voted Shares 99.1842 0.8158
Result Accepted

7. Special Resolution

Description 
To approve the proposed amendments to the Constitution of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 97 11
No. of Shares 121,540,912 201,108
% of Voted Shares 99.8348 0.1652
Result Accepted

8. Ordinary Resolution 5 - Tier 2

Description 
To retain Dato' Nik Mod Amin Bin Nik Abd Majid as an Independent Non-Executive Director of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 88 16
No. of Shares 19,685,762 982,491
% of Voted Shares 95.2464 4.7536
Result Accepted

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