[WCT] General on 22-Jun-2021

Stock
[WCT]: WCT HOLDINGS BERHAD
Announcement Date
14-Jun-2021
Type
General
Date & Time
22-Jun-2021 10:00
Depositor Date
16-Jun-2021
Venue
Online meeting platform at https://web.lumiagm.com/ provided by Boardroom Share Registrars Sdn Bhd
Description
Change of Broadcast Venue of 10th Annual General Meeting to online meeting platform
WCT-Notification to Shareholders - Change of Broadcast Venue.pdf
Outcome

The Board of Directors of WCT Holdings Berhad ("WCT" or "the Company") is pleased to announced that all the resolutions proposed at the Company's Tenth Annual General Meeting held on Tuesday, 22 June 2021, were duly passed by the shareholders of the Company.

The voting in respect of the resolutions were carried out by way of poll and the results of the pollwere verified by Boardroom Corporate Services Sdn Bhd, the Independent Scrutineer for the poll voting. The details results of the poll are set out in the table below.

This announcement is dated 22 June 2021.

Voting Results

1. Ordinary Resolution 1

Description 
To declare and approve the final share dividend via a distribution of treasury shares on the basis of one (1) treasury share for every one hundred (100) existing ordinary shares held in the Company in respect of the financial year ended 31 December 2020. Any fractions arising from the distribution of treasury shares will be disregarded.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 217 11
No. of Shares 687,427,877 13,632
% of Voted Shares 99.9980 0.0020
Result Accepted

2. Ordinary Resolution 2

Description 
To re-elect as Director, Mr. Liang Kai Chong who retires in accordance with Article 82 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 199 26
No. of Shares 683,521,602 32,161
% of Voted Shares 99.9953 0.0047
Result Accepted

3. Ordinary Resolution 3

Description 
To re-elect as Director, Mr. Ng Soon Lai @ Ng Siek Chuan who retires in accordance with Article 82 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 200 24
No. of Shares 687,401,007 31,992
% of Voted Shares 99.9953 0.0047
Result Accepted

4. Ordinary Resolution 4

Description 
To re-elect as Director, Puan Rahana Binti Abdul Rashid who retires in accordance with Article 82 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 200 24
No. of Shares 687,387,716 40,203
% of Voted Shares 99.9942 0.0058
Result Accepted

5. Ordinary Resolution 5

Description 
To re-elect as Director, Mr. Chow Ying Choon who retires in accordance with Article 87 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 199 25
No. of Shares 687,397,607 35,392
% of Voted Shares 99.9949 0.0051
Result Accepted

6. Ordinary Resolution 6

Description 
To re-appoint Messrs Ernst & Young 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 209 17
No. of Shares 687,421,515 15,768
% of Voted Shares 99.9977 0.0023
Result Accepted

7. Ordinary Resolution 7

Description 
To approve the payment of Directors' fees
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 174 48
No. of Shares 687,274,200 110,797
% of Voted Shares 99.9839 0.0161
Result Accepted

8. Ordinary Resolution 8

Description 
To approve the payment of Directors' benefits
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 163 59
No. of Shares 687,229,917 150,301
% of Voted Shares 99.9781 0.0219
Result Accepted

9. Ordinary Resolution 9

Description 
Proposed authority to allot and issue shares
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 183 39
No. of Shares 515,222,840 16,788,535
% of Voted Shares 96.8443 3.1557
Result Accepted

10. Ordinary Resolution 10

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 194 27
No. of Shares 332,309,327 102,874
% of Voted Shares 99.9691 0.0309
Result Accepted

11. Ordinary Resolution 11

Description 
Proposed Renewal of Share Buy-Back Authority
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 203 23
No. of Shares 515,313,321 172,123,962
% of Voted Shares 74.9615 25.0385
Result Accepted

12. Ordinary Resolution 12

Description 
Proposed Granting of Options to Mr. Chow Ying Choon
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 138 79
No. of Shares 593,508,724 62,106,993
% of Voted Shares 90.5269 9.4731
Result Accepted

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