[AYS] General Meeting on 19-Jul-2022

Stock
[AYS]: AYS VENTURES BHD
Announcement Date
20-Jun-2022
Reference No.
GMA-17062022-00015
Corporate Action ID
MY220617MEET0015
Type
General Meeting
Date & Time
19-Jul-2022 09:30
Depositor Date
13-Jul-2022
Venue
Online meeting platform of TIIH Online website at https://tiih.online,provided by Tricor Investor & Issuing House Services Sdn Bhd in,MY
Description
AYS VENTURES BERHAD -Notice of the Eleventh Annual General Meeting
AYS_AGM Notice.pdf
Outcome

The Board of Directors of AYS Ventures Berhad ("the Company") is pleased to announce that all the resolutions as prescribed in the notice convening the Annual General Meeting ("AGM") of the Company dated 20June2022were duly passed by way of poll at the AGM of the Company held at the online meeting platform of TIIH Online website at https://tiih.online provided by Tricor Investor & Issuing House Services Sdn Bhd in Malaysia on Tuesday, 19July2022.

The results of the poll which were validated by Karen Yong, the representative from Asia Securities Sdn Bhd, the Independent Scrutineer appointed by the Company, are as set out below:-

Voting Results

1. Ordinary Resolution 1

Description 
Approval for the payment of dividend
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 59 1
No. of Shares 265,794,021 5
% of Voted Shares 99.9999 0.0001
Result Accepted

2. Ordinary Resolution 2

Description 
To re-elect Oh Chiew Ho who is retiring in accordance with Article 112 of the Company's Constitution
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 56 4
No. of Shares 265,782,018 12,008
% of Voted Shares 99.9955 0.0045
Result Accepted

3. Ordinary Resolution 3

Description 
To re-elect Oh Yung Sim who is retiring in accordance with Article 112 of the Company's Constitution
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 55 5
No. of Shares 265,781,730 12,296
% of Voted Shares 99.9954 0.0046
Result Accepted

4. Ordinary Resolution 4

Description 
To approve the payment of Directors fees not exceeding RM600,000.00 for the period from August 2022 till July 2023
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 50 6
No. of Shares 1,021,558 54,108
% of Voted Shares 94.9698 5.0302
Result Accepted

5. Ordinary Resolution 5

Description 
To approve the payment of meeting attendance allowance of RM1,000.00 per meeting for each Independent Director from August 2022 till July 2023
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 53 5
No. of Shares 265,770,918 12,108
% of Voted Shares 99.9954 0.0046
Result Accepted

6. Ordinary Resolution 6

Description 
To re-appoint Grant Thornton Malaysia PLT as Auditors of the Company and to authorise the Directors to fix their remuneration
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 56 3
No. of Shares 265,792,018 8
% of Voted Shares 99.9999 0.0001
Result Accepted

7. Ordinary Resolution 7

Description 
Continuation in office as Independent Non-Executive Director
- Haji Mohd. Sharif Bin Haji Yusof
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 54 5
No. of Shares 265,772,918 12,108
% of Voted Shares 99.9954 0.0046
Result Accepted

8. Ordinary Resolution 8

Description 
Continuation in office as Independent Non-Executive Director
- Seow Nyoke Yoong
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 53 5
No. of Shares 265,770,918 12,108
% of Voted Shares 99.9954 0.0046
Result Accepted

9. Ordinary Resolution 9

Description 
Continuation in office as Independent Non-Executive Director
- Mohamad Fazlin Bin Mohamad
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 54 5
No. of Shares 265,772,918 12,108
% of Voted Shares 99.9954 0.0046
Result Accepted

10. Ordinary Resolution 10

Description 
Proposed Authority to issue shares pursuant to Sections 75 and 76 of the Companies Act 2016
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 54 5
No. of Shares 265,693,018 99,008
% of Voted Shares 99.9628 0.0372
Result Accepted

11. Ordinary Resolution 11

Description 
Proposed Authority for the Company to purchase its own shares of up to 10% of the Issued and Paid-Up Share Capital
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 57 2
No. of Shares 265,783,021 9,005
% of Voted Shares 99.9966 0.0034
Result Accepted

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