The Board Directors of WCT Holdings Berhad ("WCT" or "the Company") is pleased to announce that all the resolutions proposed at the Company's Ninth Annual General Meeting held on Wednesday, 5 August 2020, 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 poll were verified by Boardroom Corporate Services Sdn Bhd, the Independent Scrutineer for the poll voting. The detailed results of the poll are set out in the table below.
This announcement is dated 5 August 2020.
Voting Results |
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1. Ordinary Resolution 1 |
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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 2019. Any fractions arising from the distribution of treasury shares will be disregarded. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 171 | 5 |
No. of Shares | 724,589,902 | 3,286 |
% of Voted Shares | 99.9995 | 0.0005 |
Result | Accepted | |
2. Ordinary Resolution 2 |
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Description |
To re-elect as Director, Tan Sri Lim Siew Choon who retires in accordance with Article 82 of the Companys Constitution and being eligible, offered himself for re-election. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 164 | 15 |
No. of Shares | 722,542,674 | 2,092,493 |
% of Voted Shares | 99.7112 | 0.2888 |
Result | Accepted | |
3. Ordinary Resolution 3 |
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Description |
To re-elect as Director, Tan Sri Marzuki Bin Mohd Noor who retires in accordance with Article 82 of the Companys Constitution and being eligible, offered himself for re-election. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 166 | 14 |
No. of Shares | 724,328,759 | 7,409 |
% of Voted Shares | 99.9990 | 0.0010 |
Result | Accepted | |
4. Ordinary Resolution 4 |
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Description |
To re-elect as Director, Dato' Ng Sooi Lin who retires in accordance with Article 82 of the Companys Constitution and being eligible, offered himself for re-election. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 168 | 12 |
No. of Shares | 724,328,941 | 7,227 |
% of Voted Shares | 99.9990 | 0.0010 |
Result | Accepted | |
5. Ordinary Resolution 5 |
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Description |
To re-appoint Messrs Ernst & Young PLT as Auditors of the Company and to authorise the Directors to fix their remuneration. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 170 | 10 |
No. of Shares | 724,298,357 | 37,811 |
% of Voted Shares | 99.9948 | 0.0052 |
Result | Accepted | |
6. Ordinary Resolution 6 |
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Description |
To approve the payment of Directors' fees |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 152 | 25 |
No. of Shares | 724,252,934 | 38,412 |
% of Voted Shares | 99.9947 | 0.0053 |
Result | Accepted | |
7. Ordinary Resolution 7 |
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Description |
To approve the payment of Directors' benefits |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 145 | 31 |
No. of Shares | 724,233,225 | 53,012 |
% of Voted Shares | 99.9927 | 0.0073 |
Result | Accepted | |
8. Ordinary Resolution 8 |
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Description |
Proposed authority to allot and issue shares |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 147 | 33 |
No. of Shares | 516,130,678 | 208,205,490 |
% of Voted Shares | 71.2557 | 28.7443 |
Result | Accepted | |
9. Ordinary Resolution 9 |
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Description |
Proposed Renewal of Shareholders Mandate for Recurrent Related Party Transactions of a revenue or trading nature |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 161 | 16 |
No. of Shares | 377,881,530 | 43,665 |
% of Voted Shares | 99.9884 | 0.0116 |
Result | Accepted | |
10. Ordinary Resolution 10 |
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Description |
Proposed Renewal of Share Buy-Back Authority |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 159 | 21 |
No. of Shares | 516,176,412 | 208,159,756 |
% of Voted Shares | 71.2620 | 28.7380 |
Result | Accepted | |
11. Ordinary Resolution 11 |
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Description |
Proposed Granting of Options to Goh Kai Hang |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 105 | 59 |
No. of Shares | 605,861,405 | 65,687,285 |
% of Voted Shares | 90.2185 | 9.7815 |
Result | Accepted | |
12. Ordinary Resolution 12 |
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Description |
Proposed Granting of Options to Liang Ee Eu |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 105 | 59 |
No. of Shares | 617,009,638 | 65,687,285 |
% of Voted Shares | 90.3783 | 9.6217 |
Result | Accepted | |