[TIMWELL] General on 20-May-2021

Stock
[TIMWELL]: TIMBERWELL BHD
Announcement Date
06-May-2021
Type
General
Date & Time
20-May-2021 13:00
Depositor Date
12-May-2021
Venue
Broadcast Venue Level 7, Menara Milenium, Jalan Damanlela Pusat Bandar Damansara, Damansara Heights 50490 Kuala Lumpur
Description
Addendum to the Notice of the Twenty-Fifth Annual General Meeting ("25th AGM") and Proxy Form of the 25th AGM of Timberwell Berhad
Timberwell Berhad - Addendum Notice and Administration Guide.pdf
Outcome

The Board of Directors ofTimberwell Berhad ("the Company") is pleased to announce that all resolutions set out in the Notice of theTwenty-Fifth Annual General Meeting ("25th AGM") of the Company dated 21 April 2021were duly passed as Ordinary Resolutions at the 25th AGM of the Company held on Thursday, 20 May 2021 at 1:00 p.m.

All the resolutions were voted by poll and the results of the poll were validated by Commercial Quest Sdn. Bhd., the Independent Scrutineer appointed by the Company.

Details of the poll results for Resolution8 are as follows:

Resolutions

Total Votes For

Total Vote Against

Results

No. of Shareholders

No. of Shares

% of Voted Shares

No. of Shareholders

No. of Shares

% of Voted Shares

Ordinary Resolution 8

To approve the retention of Datuk Yap Pak Leong as an Independent Non-Executive Director.

Tier 1

1

21,210,322

100.0000

Nil

Nil

0.0000

Accepted

Tier 2

18

37,444,006

99.9960

1

1,500

0.0040

This announcement is dated 20 May 2021.

Voting Results

1. Ordinary Resolution 1

Description 
To approve the payment of Directors' fees amounting to RM250,000.00 for the financial year ended 31 December 2020.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 17 1
No. of Shares 58,652,828 1,500
% of Voted Shares 99.9974 0.0026
Result Accepted

2. Ordinary Resolution 2

Description 
To approve the payment of Directors remuneration (excluding Directors Fees) payable
to the Board of the Company and its subsidiaries amounting to RM150,000.00 for the
period from 21 May 2021 until the next Annual General Meeting of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 17 1
No. of Shares 58,652,828 1,500
% of Voted Shares 99.9974 0.0026
Result Accepted

3. Ordinary Resolution 3

Description 
To re-elect Datuk Yap Pak Leong, who is retiring as Director in accordance with the Clause 97 of the Company's Constitution, 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 58,654,328 1,500
% of Voted Shares 99.9974 0.0026
Result Accepted

4. Ordinary Resolution 4

Description 
To re-elect Madam Agnes Soei-Tin Lamey, who is retiring as Director in accordance with the Clause 97 of the Company's Constitution, and being eligible, has offered herself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 19 1
No. of Shares 58,654,328 1,500
% of Voted Shares 99.9974 0.0026
Result Accepted

5. Ordinary Resolution 5

Description 
To re-elect Mr Michael @ Radio bin Luban who is retiring in accordance with Clause
104 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 58,654,328 1,500
% of Voted Shares 99.9974 0.0026
Result Accepted

6. Ordinary Resolution 6

Description 
To re-appoint Messrs. Baker Tilly Monteiro Heng PLT (AF 0117) as the Auditors of the
Company and to authorise the Directors to fix their remuneration.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 19 1
No. of Shares 58,654,328 1,500
% of Voted Shares 99.9974 0.0026
Result Accepted

7. Ordinary Resolution 7

Description 
To approve the authority to issue and allot shares.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 19 1
No. of Shares 58,654,328 1,500
% of Voted Shares 99.9974 0.0026
Result Accepted

8. Ordinary Resolution 8

Description 
To approve the retention of Datuk Yap Pak Leong as an Independent Non-Executive Director.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 19 1
No. of Shares 58,654,328 1,500
% of Voted Shares 99.9974 0.0026
Result Accepted

Remark
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2024-04-22

Annual Result

Annual Report on 31-Dec-2023.

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