[PWF]: PWF CORPORATION BERHAD

25-Aug-2020

General

24-Sep-2020 10:00

18-Sep-2020

Impiana Room, Penang Golf Resort No. 1687, Jalan Bertam 13200 Kepala Batas Seberang Prai Utara, Penang

23RD ANNUAL GENERAL MEETING
PWF Notice AGM(26Aug2020).pdf

The Board of Directors of PWF CORPORATION BHD ("Company") is pleased to announce that all the resolutions as set out in the Notice of 23rd Annual General Meeting("AGM") of the Company were duly passed by the shareholders of the Company at its 23rd AGMduly held on 24 September 2020.

All the resolutions were voted on poll and the results were validated by Messrs Tan Yen Wooi & Co, the indepedent scruitneer appointed by the Company.

This announcement is dated 24 September 2020.

Voting Results

1. Ordinary Resolution 1

Description

Re-election of Dato Siah Gim Eng who retire in accordance with Article 88 of the Company's Constitution

Shareholder’s Action For Voting Voted For Against No. of Shareholders 35 0 No. of Shares 98,925,926 0 % of Voted Shares 100.0000 0.0000 Result Accepted

2. Ordinary Resolution 2

Description

Re-election of Mr. Ong Kim Nam who retire in accordance with Article 88 of the Company's Constitution

Shareholder’s Action For Voting Voted For Against No. of Shareholders 35 0 No. of Shares 98,925,926 0 % of Voted Shares 100.0000 0.0000 Result Accepted

3. Ordinary Resolution 3

Description

Re-election of Mr. Siah Wooi Kong who retire in accordance with Article 88 of the Company's Constitution

Shareholder’s Action For Voting Voted For Against No. of Shareholders 35 0 No. of Shares 98,925,926 0 % of Voted Shares 100.0000 0.0000 Result Accepted

4. Ordinary Resolution 4

Description

Approval of Directors' Fees for the financial year ending 31 December 2020

Shareholder’s Action For Voting Voted For Against No. of Shareholders 35 0 No. of Shares 98,925,926 0 % of Voted Shares 100.0000 0.0000 Result Accepted

5. Ordinary Resolution 5

Description

Approval for payment of benefits payables to Directors

Shareholder’s Action For Voting Voted For Against No. of Shareholders 35 0 No. of Shares 98,925,926 0 % of Voted Shares 100.0000 0.0000 Result Accepted

6. Ordinary Resolution 6

Description

Re-appointment of Auditors, Messrs Grant Thornton

Shareholder’s Action For Voting Voted For Against No. of Shareholders 35 0 No. of Shares 98,925,926 0 % of Voted Shares 100.0000 0.0000 Result Accepted

7. Ordinary Resolution 7

Description

Approval to issue and allot shares pursuant to Section 76 of the Companies Act 2016

Shareholder’s Action For Voting Voted For Against No. of Shareholders 35 0 No. of Shares 98,925,926 0 % of Voted Shares 100.0000 0.0000 Result Accepted

8. Ordinary Resolution 8

Description

Approval on the renewal on share buy-back by the Company

Shareholder’s Action For Voting Voted For Against No. of Shareholders 35 0 No. of Shares 98,925,926 0 % of Voted Shares 100.0000 0.0000 Result Accepted

9. Ordinary Resolution 9

Description

Continuing in Office as Independent Non-Executive Director for Mr. Ong Kim Nam

Shareholder’s Action For Voting Voted For Against No. of Shareholders 10 0 No. of Shares 89,360,884 0 % of Voted Shares 100.0000 0.0000 Result Accepted

10. Ordinary Resolution 10

Description

Approval on the renewal of the Dividend Reinvestment Plan

Shareholder’s Action For Voting Voted For Against No. of Shareholders 35 0 No. of Shares 98,925,926 0 % of Voted Shares 100.0000 0.0000 Result Accepted

11. Ordinary Resolution 9 - Tier 2

Description

Continuing in Office as Independent No-Executive Director for Mr. Ong Kim Nam

Shareholder’s Action For Voting Voted For Against No. of Shareholders 24 0 No. of Shares 9,480,450 0 % of Voted Shares 100.0000 0.0000 Result Accepted

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