[ECOWLD] General on 31-Mar-2021

Stock
[ECOWLD]: ECO WORLD DEVELOPMENT GROUP BERHAD
Announcement Date
25-Feb-2021
Type
General
Date & Time
31-Mar-2021 15:00
Depositor Date
24-Mar-2021
Venue
Broadcast Venue at Bukit Bintang City Centre Sales Gallery, No. 2, Jalan Hang Tuah, 55100 Kuala Lumpur, Wilayah Persekutuan,
Description
Eco World Development Group Berhad ("EcoWorld Malaysia") - Forty-Seventh Annual General Meeting ("47th AGM") The 47th AGM of EcoWorld Malaysia will be held on a fully virtual basis via remote participation through live stream and online voting.
Eco World - Notice of 47th AGM and Admin Guide.pdf
Outcome

The Board of Directors of Eco World Development Group Berhad (“the Company”) is pleased to announce that all the resolutions as set out in the Notice of the Forty-Seventh Annual General Meeting (“47th AGM”) of the Company dated 26 February 2021were duly approved by the shareholders of the Company at the 47th AGM held today.

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 GovernAce Advisory & Solutions Sdn. Bhd., the Independent Scrutineer appointed by the Company.

This announcement is dated 31 March 2021.

Voting Results

1. Ordinary Resolution 1

Description 
To approve the payment of Directors' Fees amounting to RM1,530,933 for the financial year ended 31 October 2020.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 259 28
No. of Shares 1,995,414,764 22,425
% of Voted Shares 99.9989 0.0011
Result Accepted

2. Ordinary Resolution 2

Description 
To approve the payment of Directors' Remuneration (excluding Directors' Fees) up to an amount of RM484,000 for the financial year ending 31 October 2021 and up to the date of the next Annual General Meeting of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 249 39
No. of Shares 2,272,100,293 26,625
% of Voted Shares 99.9988 0.0012
Result Accepted

3. Ordinary Resolution 3

Description 
To re-elect Tan Sri Dato' Sri Liew Kee Sin who is retiring by rotation in accordance with Article 126 of the Constitution of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 276 15
No. of Shares 2,272,468,302 8,616
% of Voted Shares 99.9996 0.0004
Result Accepted

4. Ordinary Resolution 4

Description 
To re-elect Datuk Heah Kok Boon who is retiring by rotation in accordance with Article 126 of the Constitution of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 265 19
No. of Shares 2,228,313,202 290,116
% of Voted Shares 99.9870 0.0130
Result Accepted

5. Ordinary Resolution 5

Description 
To re-elect Dato' Haji Obet Bin Tawil who is retiring by rotation in accordance with Article 126 of the Constitution of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 266 25
No. of Shares 2,271,528,702 948,216
% of Voted Shares 99.9583 0.0417
Result Accepted

6. Ordinary Resolution 6

Description 
To re-elect Dato' Noor Farida Binti Mohd Ariffin who is retiring by rotation in accordance with Article 126 of the Constitution of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 267 24
No. of Shares 2,271,530,702 946,216
% of Voted Shares 99.9584 0.0416
Result Accepted

7. Ordinary Resolution 7

Description 
To re-elect Mrs Lucy Chong who is retiring by rotation in accordance with Article 123 of the Constitution of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 270 21
No. of Shares 2,272,155,702 321,216
% of Voted Shares 99.9859 0.0141
Result Accepted

8. Ordinary Resolution 8

Description 
To re-appoint Messrs Baker Tilly Monteiro Heng PLT as Auditors of the Company until the conclusion of the next AGM and to authorise the Directors to fix their remuneration.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 274 17
No. of Shares 2,272,469,202 7,716
% of Voted Shares 99.9997 0.0003
Result Accepted

9. Ordinary Resolution 9

Description 
To approve the authority to issue and allot shares.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 248 42
No. of Shares 2,103,605,300 168,861,618
% of Voted Shares 92.5692 7.4308
Result Accepted

10. Ordinary Resolution 10

Description 
To approve the Proposed Renewal of Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 239 25
No. of Shares 401,681,065 635,119
% of Voted Shares 99.8421 0.1579
Result Accepted

11. Ordinary Resolution 11

Description 
To approve the Proposed Renewal of Authority for the Company to Purchase its own Ordinary Shares.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 273 18
No. of Shares 2,272,465,300 11,618
% of Voted Shares 99.9995 0.0005
Result Accepted

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