On behalf of the Board of Directors of Power Root Berhad (“Power Root”), RHB Investment Bank Berhad is pleased to announce that the shareholders of Power Root have duly approved the ordinary resolutions set out in the Notice of Extraordinary General Meeting dated 22 July 2022 by way of poll at the Extraordinary General Meeting of Power Root held today.
The results of the poll were validated by NeedsBridge Advisory Sdn Bhd, the independent scrutineer appointed by Power Root.
This announcement is dated 8 August 2022.
Voting Results |
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1. Ordinary Resolution 1 |
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Description |
Proposed ESOS |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 68 | 26 |
No. of Shares | 205,180,827 | 6,063,816 |
% of Voted Shares | 97.1295 | 2.8705 |
Result | Accepted | |
2. Ordinary Resolution 2 |
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Description |
Proposed allocation of ESOS Options to Dato' Afifuddin Bin Abdul Kadir |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 62 | 31 |
No. of Shares | 188,526,227 | 22,718,316 |
% of Voted Shares | 89.2455 | 10.7545 |
Result | Accepted | |
3. Ordinary Resolution 3 |
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Description |
Proposed allocation of ESOS Options to Y.A.D. Tengku Dato' Setia Putra Alhaj Bin Tengku Azman Shah Alhaj |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 62 | 31 |
No. of Shares | 188,526,227 | 22,718,316 |
% of Voted Shares | 89.2455 | 10.7545 |
Result | Accepted | |
4. Ordinary Resolution 4 |
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Description |
Proposed allocation of ESOS Options to Wong Tak Keong |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 60 | 26 |
No. of Shares | 172,632,727 | 6,063,816 |
% of Voted Shares | 96.6066 | 3.3934 |
Result | Accepted | |
5. Ordinary Resolution 5 |
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Description |
Proposed allocation of ESOS Options to Dato' How Say Swee |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 59 | 26 |
No. of Shares | 124,998,891 | 6,063,816 |
% of Voted Shares | 95.3733 | 4.6267 |
Result | Accepted | |
6. Ordinary Resolution 6 |
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Description |
Proposed allocation of ESOS Options to Dato' Wong Fuei Boon |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 65 | 26 |
No. of Shares | 188,840,287 | 6,063,816 |
% of Voted Shares | 96.8888 | 3.1112 |
Result | Accepted | |
7. Ordinary Resolution 7 |
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Description |
Proposed allocation of ESOS Options to See Thuan Po |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 63 | 26 |
No. of Shares | 192,254,227 | 6,063,816 |
% of Voted Shares | 96.9424 | 3.0576 |
Result | Accepted | |
8. Ordinary Resolution 8 |
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Description |
Proposed allocation of ESOS Options to Low Jun Lee |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 56 | 30 |
No. of Shares | 137,214,411 | 22,718,216 |
% of Voted Shares | 85.7951 | 14.2049 |
Result | Accepted | |
9. Ordinary Resolution 9 |
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Description |
Proposed allocation of ESOS Options to Ong Kheng Swee |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 63 | 30 |
No. of Shares | 188,291,112 | 22,718,216 |
% of Voted Shares | 89.2335 | 10.7665 |
Result | Accepted | |
10. Ordinary Resolution 10 |
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Description |
Proposed allocation of ESOS Options to Azahar Bin Baharudin |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 62 | 31 |
No. of Shares | 188,526,227 | 22,718,316 |
% of Voted Shares | 89.2455 | 10.7545 |
Result | Accepted | |
11. Ordinary Resolution 11 |
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Description |
Proposed allocation of ESOS Options to Dato' Tea Choo Keng |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 62 | 31 |
No. of Shares | 188,526,227 | 22,718,316 |
% of Voted Shares | 89.2455 | 10.7545 |
Result | Accepted | |
12. Ordinary Resolution 12 |
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Description |
Proposed allocation of ESOS Options to Tan Lay Beng |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 62 | 31 |
No. of Shares | 188,526,227 | 22,718,316 |
% of Voted Shares | 89.2455 | 10.7545 |
Result | Accepted | |