Sinaran Advance Group Berhad (“SAG" or “Company”) – Second Annual General Meeting (“2nd AGM") The Board of Directors of SAG wishes to announce that all the resolutions as set out in the Notice of the 2nd AGM of the Company dated 26 April 2022 were duly approved by the shareholders of the Company at the 2nd AGM held today. The voting in respect of the resolutions were carried out by way of a poll via remote participation and electronic voting and the results were validated by SharePolls Sdn. Bhd., the Independent Scrutineer appointed by the Company. The details of the poll results are set out below. The announcement is dated 27 May 2022.
Voting Results |
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1. Ordinary Resolution 1 |
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Description |
To approve the Directors Fees payable to the Directors of the Company of up to RM280,000/- for the financial year ending 31 December 2022 and to be made payable on monthly basis. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 6 | 5 |
No. of Shares | 543,009,300 | 104,300 |
% of Voted Shares | 99.9807 | 0.1920 |
Result | Accepted | |
2. Ordinary Resolution 2 |
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Description |
To approve an amount of up to RM15,000/- as benefits payable to the Non-Executive Directors of the Company with effect from 28 May 2022, a day after the Second AGM until the next Annual General Meeting of the Company in year 2023 pursuant to Section 230(1)(b) of the Companies Act 2016. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 6 | 5 |
No. of Shares | 543,099,300 | 104,300 |
% of Voted Shares | 99.9807 | 0.0192 |
Result | Accepted | |
3. Ordinary Resolution 3 |
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Description |
To re-elect Mr. Ding JianPing who retires pursuant to Clause 21.7 of the Constitution of the Company and being eligible, offered himself for re-election. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 7 | 4 |
No. of Shares | 543,009,500 | 104,100 |
% of Voted Shares | 99.9808 | 0.0191 |
Result | Accepted | |
4. Ordinary Resolution 4 |
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Description |
To re-elect Encik Mohtar Bin Abdullah who retires pursuant to Clause 21.7 of the Constitution of the Company and being eligible, offered himself for re-election. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 8 | 3 |
No. of Shares | 543,034,500 | 79,100 |
% of Voted Shares | 99.9854 | 0.0145 |
Result | Accepted | |
5. Ordinary Resolution 5 |
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Description |
To re-appoint Messrs. ChengCo PLT as the Auditors of the Company for the financial year ending 31 December 2022 and to hold office until the conclusion of the next Annual General Meeting of the Company at a remuneration to be determined by the Directors. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 8 | 3 |
No. of Shares | 543,034,500 | 79,100 |
% of Voted Shares | 99.9854 | 0.0145 |
Result | Accepted | |
6. Ordinary Resolution 6 |
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Description |
Authority to Issue Shares pursuant to the Companies Act 2016 |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 7 | 4 |
No. of Shares | 543,034,300 | 79,300 |
% of Voted Shares | 99.9853 | 0.0146 |
Result | Accepted | |