[TIMWELL] General Meeting on 24-May-2022

Stock
[TIMWELL]: TIMBERWELL BHD
Announcement Date
21-Apr-2022
Reference No.
GMA-15042022-00004
Corporate Action ID
MY220415MEET0004
Type
General Meeting
Date & Time
24-May-2022 10:00
Depositor Date
13-May-2022
Venue
Meeting Room of Securities Services (Holdings) Sdn. Bhd.,,Level 7, Menara Milenium,,Jalan Damanlela, Pusat Bandar Damansara, Damansara Heights,,50490 Kuala Lumpur,MY
Description
Twenty-Sixth Annual General Meeting of Timberwell Berhad
Timberwell - Notice of AGM.pdf
Outcome

The Board of Directors of Timberwell Berhad ("the Company") is pleased to announce that all resolutions set out in the Notice of the Twenty-Sixth Annual General Meeting ("26th AGM") of the Company dated 22 April 2022 were duly passed as Ordinary and Special Resolutions at the 26th AGM of the Company held on Tuesday, 24 May 2022 at 10:00 a.m.

All the resolutions were voted by poll and the results of the poll were validated by Commercial Quest Sdn. Bhd., the Independent Scrutineer appointed by the Company.

Details of the poll results for Resolution 8 are as follows:

Resolutions

Total Votes For

Total Vote Against

Results

No. of Shareholders

No. of Shares

% of Voted Shares

No. of Shareholders

No. of Shares

% of Voted Shares

Ordinary Resolution 8

To approve the retention of Datuk Yap Pak Leong as an Independent Non-Executive Director.

Tier 1

1

21,210,322

100.0000

Nil

Nil

0.0000

Accepted

Tier 2

29

36,700,282

99.9937

2

2,300

0.0063

This announcement is dated 24May 2022.

Voting Results

1. Ordinary Resolution 1

Description 
To approve the payment of Directors' fees amounting to RM250,000 for the financial year
ended 31 December 2021.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 28 2
No. of Shares 57,909,104 2,300
% of Voted Shares 99.9960 0.0040
Result Accepted

2. Ordinary Resolution 2

Description 
To approve the payment of Directors' remuneration (excluding Directors' Fees) payable
to the Board of the Company and its subsidiaries amounting to RM150,000 for the period
from 25 May 2022 until the next Annual General Meeting of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 28 2
No. of Shares 57,909,104 2,300
% of Voted Shares 99.9960 0.0040
Result Accepted

3. Ordinary Resolution 3

Description 
To re-elect Dato Sri Tiong King Sing, who is retiring as Director in accordance with the Clause 97 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 30 2
No. of Shares 57,910,604 2,300
% of Voted Shares 99.9960 0.0040
Result Accepted

4. Ordinary Resolution 4

Description 
To re-elect Mr Loo Choo Hong, who is retiring as Director in accordance with the Clause 97 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 30 2
No. of Shares 57,910,604 2,300
% of Voted Shares 99.9960 0.0040
Result Accepted

5. Ordinary Resolution 5

Description 
To re-elect Mr Wong Chong Kim who is retiring in accordance with Clause 104 of the Constitution of the Company and being eligible, has offered himself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 30 2
No. of Shares 57,910,604 2,300
% of Voted Shares 99.9960 0.0040
Result Accepted

6. Ordinary Resolution 6

Description 
To re-appoint Messrs. Baker Tilly Monteiro Heng PLT (AF 0117) as the Auditors of the Company and to authorise the Directors to fix their remuneration.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 30 2
No. of Shares 57,910,604 2,300
% of Voted Shares 99.9960 0.0040
Result Accepted

7. Ordinary Resolution 7

Description 
To approve the authority to issue and allot shares.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 30 2
No. of Shares 57,910,604 2,300
% of Voted Shares 99.9960 0.0040
Result Accepted

8. Ordinary Resolution 8

Description 
To approve the retention of Datuk Yap Pak Leong as an Independent Non-Executive Director.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 30 2
No. of Shares 57,910,604 2,300
% of Voted Shares 99.9960 0.0040
Result Accepted

9. Special Resolution 1

Description 
To approve the Proposed Amendments to the Constitution of the Company
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 30 2
No. of Shares 57,910,604 2,300
% of Voted Shares 99.9960 0.0040
Result Accepted

Remark
-
Market Buzz

2024-04-22

Annual Result

Annual Report on 31-Dec-2023.

Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment