[YTLPOWR] General Meeting on 06-Dec-2022

Stock
[YTLPOWR]: YTL POWER INTERNATIONAL BHD
Announcement Date
28-Oct-2022
Reference No.
GMA-27102022-00007
Corporate Action ID
MY221027MEET0007
Type
General Meeting
Date & Time
06-Dec-2022 09:30
Depositor Date
29-Nov-2022
Venue
Online Meeting Platform,hosted on the TIIH Online System at https://tiih.com.my,(Domain registration number with MYNIC: D1A282781),provided by Tricor Investor & Issuing House Services Sdn Bhd,MY
Description
Notification to Shareholders of the fully virtual Twenty-Sixth Annual General Meeting of YTL Power International Berhad
YTL Power International Berhad - Notice_Proxy Form_Admin Guide for 26th AGM.pdf
Outcome

YTL Power International Berhad ("YTL Power") is pleased to announce that all resolutions set out in the Notice of 26th Annual General Meeting dated 31 October 2022 were duly passed by the shareholders of YTL Power by way of poll voting.

The results of the poll which were validated by Coopers Professional Scrutineers Sdn Bhd, the Independent Scrutineer appointed by YTL Power, are set out below:-

Voting Results

1. Ordinary Resolution 1

Description 
To re-elect Datuk Seri Long See Wool who retires pursuant to Article 86 of the Company's Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 897 157
No. of Shares 7,012,456,256 8,415,843
% of Voted Shares 99.8801 0.1199
Result Accepted

2. Ordinary Resolution 2

Description 
To re-elect Datuk Loo Took Gee who retires pursuant to Article 86 of the Company's Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 910 143
No. of Shares 7,018,604,383 2,268,717
% of Voted Shares 99.9677 0.0323
Result Accepted

3. Ordinary Resolution 3

Description 
To re-elect Syed Abdullah Bin Syed Abd. Kadir who retires pursuant to Article 86 of the Company's Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 862 189
No. of Shares 6,983,500,617 34,786,014
% of Voted Shares 99.5044 0.4956
Result Accepted

4. Ordinary Resolution 4

Description 
To re-elect Faiz Bin Ishak who retires pursuant to Article 86 of the Company's Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 892 158
No. of Shares 7,016,698,561 4,169,074
% of Voted Shares 99.9406 0.0594
Result Accepted

5. Ordinary Resolution 5

Description 
To approve the payment of fees to Non-Executive Directors amounting to RM890,000 for the financial year ended 30 June 2022.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 844 195
No. of Shares 7,019,525,019 1,246,076
% of Voted Shares 99.9823 0.0177
Result Accepted

6. Ordinary Resolution 6

Description 
To approve the payment of meeting attendance allowance of RM1,000 per meeting for each Non-Executive Director for the period from January 2023 to December 2023.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 832 206
No. of Shares 7,019,407,846 1,349,355
% of Voted Shares 99.9808 0.0192
Result Accepted

7. Ordinary Resolution 7

Description 
To re-appoint PricewaterhouseCoopers 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 907 149
No. of Shares 7,013,602,178 7,274,062
% of Voted Shares 99.8964 0.1036
Result Accepted

8. Ordinary Resolution 8

Description 
To approve the authority to Directors to allot shares pursuant to Sections 75 and 76 of the Companies Act, 2016.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 861 190
No. of Shares 6,437,683,579 583,179,748
% of Voted Shares 91.6936 8.3064
Result Accepted

9. Ordinary Resolution 9

Description 
To approve the proposed renewal of Share Buy-Back Authority.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 919 147
No. of Shares 7,053,350,448 667,238
% of Voted Shares 99.9905 0.0095
Result Accepted

10. Ordinary Resolution 10

Description 
To approve the proposed renewal of Shareholder Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 886 153
No. of Shares 1,450,485,858 850,621
% of Voted Shares 99.9414 0.0586
Result Accepted

11. Ordinary Resolution 11

Description 
To approve the proposed waiver of statutory pre-emptive rights of shareholders over all options granted and/or to be offered/granted and all new shares to be issued in relation to the Employees Share Option Scheme of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 797 251
No. of Shares 6,516,978,380 503,861,484
% of Voted Shares 92.8233 7.1767
Result Accepted

12. Ordinary Resolution 12

Description 
To approve the proposed issue of options to Tan Sri Ismail Bin Adam, an Independent Non-Executive Director of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 766 276
No. of Shares 5,932,492,679 1,088,092,895
% of Voted Shares 84.5014 15.4986
Result Accepted

13. Ordinary Resolution 13

Description 
To approve the proposed issue of options to Yeoh Keong Wei, a person connected to the Director, who is an employee of the subsidiary of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 781 257
No. of Shares 6,501,545,970 507,756,209
% of Voted Shares 92.7560 7.2440
Result Accepted

Remark
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