The Board of Directors of Adventa Berhad (“the Company”) wishes to announce that all resolutions tabled at the Eighteenth Annual General Meeting (“18th AGM”) of the Company held today, were duly approved by the shareholders of the Company.
The voting in respect of the resolutions was carried out by way of poll and the results of the poll were validated by Commercial Quest Sdn. Bhd., the Independent Scrutineer appointed by the Company.
The details of the poll results are set out below.
This announcement is dated 24 June 2021.
Voting Results |
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1. Resolution 1 |
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Description |
To approve the payment of Directors' fees and benefits amounting to RM271,200/- for the financial year ending 31 December 2021 |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 72 | 16 |
No. of Shares | 88,532,643 | 17,717 |
% of Voted Shares | 99.9800 | 0.0200 |
Result | Accepted | |
2. Resolution 2 |
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Description |
To re-elect Mr. Low Chin Guan who retires pursuant to Clause 114 of the Company's Constitution and being eligible, have offered himself for re-election |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 79 | 7 |
No. of Shares | 29,501,304 | 13,404 |
% of Voted Shares | 99.9546 | 0.0454 |
Result | Accepted | |
3. Resolution 3 |
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Description |
To re-appoint Messrs. Moore Stephens Associates PLT as Auditors of the Company until the conclusion of the next Annual General Meeting and to authorise the Directors to fix their remuneration |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 81 | 6 |
No. of Shares | 88,537,250 | 3,110 |
% of Voted Shares | 99.9965 | 0.0035 |
Result | Accepted | |
4. Resolution 4 |
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Description |
Retention of Mr. Toh Seng Thong as an Independent Non-Executive Director of the Company |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 77 | 11 |
No. of Shares | 88,536,750 | 13,610 |
% of Voted Shares | 99.9846 | 0.0154 |
Result | Accepted | |
5. Resolution 5 |
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Description |
Retention of Mr. Edmond Cheah Swee Leng as a Senior Independent Non-Executive Director of the Company |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 78 | 10 |
No. of Shares | 88,536,850 | 13,510 |
% of Voted Shares | 99.9847 | 0.0153 |
Result | Accepted | |
6. Resolution 6 |
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Description |
Authority to issue and allot shares pursuant to the Companies Act 2016 |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 75 | 13 |
No. of Shares | 88,534,948 | 15,412 |
% of Voted Shares | 99.9826 | 0.0174 |
Result | Accepted | |
7. Resolution 7 |
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Description |
Proposed Renewal of Existing 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 | 74 | 11 |
No. of Shares | 21,090,236 | 13,512 |
% of Voted Shares | 99.9360 | 0.0640 |
Result | Accepted | |
8. Resolution 8 |
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Description |
Proposed New 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 | 73 | 12 |
No. of Shares | 21,089,236 | 14,512 |
% of Voted Shares | 99.9312 | 0.0688 |
Result | Accepted | |