[CWG] General on 25-Nov-2020

Stock
[CWG]: CWG HOLDINGS BERHAD
Announcement Date
13-Nov-2020
Type
General
Date & Time
25-Nov-2020 14:30
Depositor Date
19-Nov-2020
Venue
Broadcast Venue 6428, Lorong Mak Mandin Tiga Mak Mandin Industrial Estate 13400 Butterworth, Penang
Description
Notification to Shareholders on the convening of Fully Virtual 4th Annual General Meeting of CWG Holdings Berhad due to Conditional Movement Control Order.
Notification to shareholders.pdf
Outcome

The Board of Directors of CWG Holdings Berhad ("CWG" or "the Company") wishes to announce that all the resolutions as set out in the Notice of the Fourth Annual General Meeting ("4th AGM") dated 16 November 2020were duly passed by way of poll at the 4th AGM of CWG held on 25 November 2020.

The results of the poll havebeen verified by Scrutineer Solutions Sdn. Bhd., the independent scrutineers appointed by the Company.

Details of the results of the poll in respect of all resolutions at the 4th AGM of the Company are set out below.

This announcement is dated 25 November 2020.

Voting Results

1. Ordinary Resolution 1

Description 
To approve the declaration of a first and final single tier dividend of 0.5 sen per ordinary share for the financial year ended 30 June 2020.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 15 0
No. of Shares 47,345,991 0
% of Voted Shares 100.0000 0.0000
Result Accepted

2. Ordinary Resolution 2

Description 
To re-elect Mr. Ooi Chin Soon as Director of the Company
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 15 0
No. of Shares 47,345,991 0
% of Voted Shares 100.0000 0.0000
Result Accepted

3. Ordinary Resolution 3

Description 
To re-elect Encik Razmi Bin Alias as Director of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 15 0
No. of Shares 47,345,991 0
% of Voted Shares 100.0000 0.0000
Result Accepted

4. Ordinary Resolution 4

Description 
To re-elect Mr. Lee Eng Sheng as Director of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 15 0
No. of Shares 47,345,991 0
% of Voted Shares 100.0000 0.0000
Result Accepted

5. Ordinary Resolution 5

Description 
To re-elect Mr. Ng Tiang Yong as Director of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 15 0
No. of Shares 47,345,991 0
% of Voted Shares 100.0000 0.0000
Result Accepted

6. Ordinary Resolution 6

Description 
To approve the payment of Directors' fees and benefits payable up to RM250,000 for the period commencing this AGM through to the next AGM of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 15 0
No. of Shares 47,345,991 0
% of Voted Shares 100.0000 0.0000
Result Accepted

7. Ordinary Resolution 7

Description 
To re-appoint Messrs. BDO PLT as Auditors of the Company and to authorise the Directors to fix their remuneration.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 15 0
No. of Shares 47,345,991 0
% of Voted Shares 100.0000 0.0000
Result Accepted

8. Ordinary Resolution 8

Description 
To authorise 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 15 0
No. of Shares 47,345,991 0
% of Voted Shares 100.0000 0.0000
Result Accepted

9. Ordinary Resolution 9

Description 
To approve the proposed renewal of share buy-back authority.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 15 0
No. of Shares 47,345,991 0
% of Voted Shares 100.0000 0.0000
Result Accepted

10. Ordinary Resolution 10

Description 
To retain Dato' Mohd. Junid Bin Mohd. Noor @ Md Noor as an Independent Non-Executive Director of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 15 0
No. of Shares 47,345,991 0
% of Voted Shares 100.0000 0.0000
Result Accepted

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