[PWF] General Meeting on 30-Jun-2022

Stock
[PWF]: PWF CORPORATION BERHAD
Announcement Date
28-Apr-2022
Reference No.
GMA-27042022-00037
Corporate Action ID
MY220427MEET0037
Type
General Meeting
Date & Time
30-Jun-2022 10:00
Depositor Date
22-Jun-2022
Venue
Merak Private Room, Ground Floor,Penang Golf Resort,No. 1687, Jalan Bertam,13200 Kepala Batas, Seberang Prai Utara, Penang,MY
Description
PWF CORPORATION BERHAD NOTICE OF 25TH ANNUAL GENERAL MEETING OF THE COMPANY
PWF 25thAGMNotice(29Apr2022).pdf
Outcome

The Board of Directors of PWF CORPORATION BERHAD (the “Company”) wishes to announce that all the ordinary resolutions as set out in the Notice of 25th Annual General Meeting (“25th AGM”) dated 29 April 2022were duly passed by the shareholders by way of pollat the 25th AGM of the Company duly held on 30June 2022.

The results of the poll were validated by Messrs Tan Yen Wooi& Co., the Independent Scrutineer, appointed by the Company.

This announcement is dated 30June 2022.

Voting Results

1. Ordinary Resolution 1

Description 
To re-elect Datin Law Hooi Lean who retire in accordance with Article 88 of the Company's Constitution and being eligible offered herself for re-election
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 37 1
No. of Shares 131,218,971 600
% of Voted Shares 99.9995 0.0005
Result Accepted

2. Ordinary Resolution 2

Description 
To re-elect Mr. Siah Wooi Yang who retire in accordance with Article 88 of the Company's Constitution, and being eligible offered himself for re-election
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 37 1
No. of Shares 131,218,971 600
% of Voted Shares 99.9995 0.0005
Result Accepted

3. Ordinary Resolution 3

Description 
To re-elect Mr. Ong Kim Nam who retire in accordance with Article 88 of the Company's Constitution, and being eligible offered himself for re-election
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 37 1
No. of Shares 131,218,971 600
% of Voted Shares 99.9995 0.0005
Result Accepted

4. Ordinary Resolution 4

Description 
To approve the payment of Directors' Fees of up to RM388,000 for the financial year ending 31 December 2022
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 37 1
No. of Shares 131,218,971 600
% of Voted Shares 99.9995 0.0005
Result Accepted

5. Ordinary Resolution 5

Description 
To approve the payment of benefits payable to Directors of the Company up to an amount of RM55,000 from 1 July 2022 to the next AGM of the Company
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 37 1
No. of Shares 131,218,971 600
% of Voted Shares 99.9995 0.0005
Result Accepted

6. Ordinary Resolution 6

Description 
To re-appoint Messrs Grant Thornton Malaysia PLT as Auditors of the Company to hold office until the conclusion of the next AGM and to authorise the Directors to fix their remuneration
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 38 0
No. of Shares 131,219,571 0
% of Voted Shares 100.0000 0.0000
Result Accepted

7. Ordinary Resolution 7

Description 
Authority to issue shares pursuant to Section 76 the Companies Act 2016
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 38 0
No. of Shares 131,219,571 0
% of Voted Shares 100.0000 0.0000
Result Accepted

8. Ordinary Resolution 8

Description 
Renewal of the Authority for the Company to purchase its own shares
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 37 1
No. of Shares 131,218,971 600
% of Voted Shares 99.9995 0.0005
Result Accepted

9. Ordinary Resolution 9

Description 
Continuing In Office as Independent Non-Executive Director of the Company for Mr. Ong Kim Nam
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 9 0
No. of Shares 96,271,776 0
% of Voted Shares 100.0000 0.0000
Result Accepted

10. Ordinary Resolution 10

Description 
Continuing In Office as Independent Non-Executive Director of the Company for Tuan Haji Zainal Bin Pandak
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 9 0
No. of Shares 96,271,776 0
% of Voted Shares 100.0000 0.0000
Result Accepted

11. Ordinary Resolution 11

Description 
Renewal of the Dividend Reinvestment Plan
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 37 0
No. of Shares 123,659,995 0
% of Voted Shares 100.0000 0.0000
Result Accepted

12. Ordinary Resolution 12

Description 
Amendment to the allocation of Employees' Share Scheme ("ESS") to Dato' Siah Gim Eng, the Executive Chairman of the Company
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 19 1
No. of Shares 4,453,077 600
% of Voted Shares 99.9865 0.0135
Result Accepted

13. Ordinary Resolution 13

Description 
Amendment to the allocation of ESS to Datin Law Hooi Lean, the Managing Director of the Company
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 15 1
No. of Shares 3,570,150 600
% of Voted Shares 99.9832 0.0168
Result Accepted

14. Ordinary Resolution 14

Description 
Amendment to the allocation of ESS to Mr. Siah Wooi Kong, the Executive Director of the Company
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 19 1
No. of Shares 4,453,077 600
% of Voted Shares 99.9865 0.0135
Result Accepted

15. Ordinary Resolution 15

Description 
Amendment to the allocation of ESS to Mr. Siah Wooi Yang, the Executive Director of the Company
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 19 1
No. of Shares 4,453,077 600
% of Voted Shares 99.9865 0.0135
Result Accepted

16. Ordinary Resolution 16

Description 
Amendment to the allocation of ESS to Ms Ooi Ki Wei , the Executive Director of the Company
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 36 1
No. of Shares 130,716,006 600
% of Voted Shares 99.9995 0.0005
Result Accepted

17. Ordinary Resolution 17

Description 
Amendment to the allocation of ESS to Mr. Siah Wooi Nian, a person connected to the Board
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 18 1
No. of Shares 4,451,077 600
% of Voted Shares 99.9865 0.0135
Result Accepted

18. Ordinary Resolution 9 - Tier 2

Description 
Continuing In Office as Independent Non-Executive Director of the Company for Mr. Ong Kim Nam
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 28 1
No. of Shares 34,947,195 600
% of Voted Shares 99.9983 0.0017
Result Accepted

19. Ordinary Resolution 10 - Tier 2

Description 
Continuing In Office as Independent Non-Executive Director of the Company for Tuan Haji Zainal Bin Pandak
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 28 1
No. of Shares 34,947,195 600
% of Voted Shares 99.9983 0.0017
Result Accepted

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