The Board of Directors of Fast Energy Holdings Berhad (Formerly Known as Techfast Holdings Berhad) ("Fast Energy" or "the Company") is pleased to announce that all the resolutions as set out in the Notice of the Eighteenth Annual General Meeting ("18th AGM") dated 29 April 2022 and Addendum to the Notice of the 18th AGM dated 22 June 2022 were duly passed by way of poll using Remote Participation and Voting (“RPV”) facilities provided by Mlabs Research Sdn Bhd in Malaysia via https://rebrand.ly/FastEnergyAGM at the 18th AGM of the Company held on today, 28 June 2022.
The results of the poll were validated by SharePolls Sdn Bhd, the Independent Scrutineer appointed by the Company.
This announcement is dated 28 June 2022.
Voting Results |
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1. Ordinary Resolution 1 |
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Description |
To approve the payment of Directors' fees and other benefits payable of up to RM450,000 from the conclusion of 18th AGM up to the conclusion of the next AGM of the Company. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 15 | 16 |
No. of Shares | 109,447,683 | 43,392,935 |
% of Voted Shares | 71.6090 | 28.3910 |
Result | Accepted | |
2. Ordinary Resolution 2 |
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Description |
To re-elect Mr. Tan Wye Chuan who is retiring by rotation in accordance with Clause 104(1) of the Companys' Constitution and who being eligible, has offered himself for re-election. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 19 | 12 |
No. of Shares | 109,989,798 | 42,850,820 |
% of Voted Shares | 71.9637 | 28.0363 |
Result | Accepted | |
3. Ordinary Resolution 3 |
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Description |
To re-appoint Messrs Tai, Yapp & Co PLT as auditors of the Group and Company for the ensuing year and to authorise the Directors to fix their remuneration. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 21 | 10 |
No. of Shares | 110,011,298 | 42,829,320 |
% of Voted Shares | 71.9778 | 28.0222 |
Result | Accepted | |
4. Ordinary Resolution 4 |
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Description |
Authority to Issue and Allot Shares pursuant to Sections 75 and 76 of the Companies Act 2016. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 17 | 14 |
No. of Shares | 109,989,663 | 42,850,955 |
% of Voted Shares | 71.9636 | 28.0364 |
Result | Accepted | |
5. Ordinary Resolution 5 |
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Description |
Proposed Renewal of Shares Buy-Back Authority for the Purchase of its Own Ordinary Share. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 23 | 8 |
No. of Shares | 114,911,316 | 37,929,302 |
% of Voted Shares | 75.1838 | 24.8162 |
Result | Accepted | |
6. Ordinary Resolution 6 |
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Description |
To re-elect Dato' Faizal Bin Abdullah who is retiring in accordance with Clause 113 of the Company's Constitution and being eligible, has offered himself for re-election. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 16 | 14 |
No. of Shares | 109,959,663 | 42,850,955 |
% of Voted Shares | 71.9581 | 28.0419 |
Result | Accepted | |