[CYL] General Meeting on 20-Jul-2023

Stock
[CYL]: CYL CORPORATION BHD
Announcement Date
24-May-2023
Reference No.
GMA-22052023-00022
Corporate Action ID
MY230522MEET0021
Type
General Meeting
Date & Time
20-Jul-2023 10:00
Depositor Date
12-Jul-2023
Venue
Online meeting platform at TIIH Online,provided by Tricor Investor & Issuing House Services Sdn. Bhd.,via its website at https://tiih.online or https://tiih.com.my,MY
Description
CYL CORPORATION BERHAD - Notice of the Twenty-Third Annual General Meeting
23rd AGM-Notice-25.05.2023.pdf
Outcome

The Board of Directors of CYL Corporation Berhad ("the Company") wishes to announce that all resolutions set out in the Notice of the Twenty-Third Annual General Meeting ("AGM") dated 25 May 2023 were duly passed at the Twenty-Third AGM of the Company held earlier today.

The voting on the resolutions was carried out by way of poll and the results were validated by Asia Securities Sdn. Bhd., the independent scrutineer appointed by the Company.

Details of the results of the poll on the resolutions are set out below.

This announcement is dated 20 July 2023.

Voting Results

1. Ordinary Resolution 1

Description 
To re-elect Tan Sri Abu Talib Bin Othman who retires by rotation pursuant to Clause 76(3) of the Constitution of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 44 8
No. of Shares 67,247,981 4,616
% of Voted Shares 99.9931 0.0069
Result Accepted

2. Ordinary Resolution 2

Description 
To re-elect Mr Chen Teck Shin who retires by rotation pursuant to Clause 76(3) of the Constitution of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 43 8
No. of Shares 47,573,681 4,616
% of Voted Shares 99.9903 0.0097
Result Accepted

3. Ordinary Resolution 3

Description 
To re-elect Encik Abd Malik Bin A Rahman who retires pursuant to Clause 78 of the Constitution of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 44 8
No. of Shares 67,247,981 4,616
% of Voted Shares 99.9931 0.0069
Result Accepted

4. Ordinary Resolution 4

Description 
To re-elect Mr Chen Teck Sun who retires pursuant to Clause 78 of the Constitution of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 44 8
No. of Shares 67,247,981 4,616
% of Voted Shares 99.9931 0.0069
Result Accepted

5. Ordinary Resolution 5

Description 
To approve the Non-Executive Directors' fees of RM468,000 for the period commencing on the date immediately after the Twenty-Third Annual General Meeting up to the date of the next Annual General Meeting to be held in 2024.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 38 12
No. of Shares 57,218,188 17,351
% of Voted Shares 99.9697 0.0303
Result Accepted

6. Ordinary Resolution 6

Description 
To approve the Non-Executive Directors' benefits of RM30,000 for the period commencing on the date immediately after the Twenty-Third Annual General Meeting up to the date of the next Annual General Meeting to be held in 2024.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 37 13
No. of Shares 57,218,088 17,451
% of Voted Shares 99.9695 0.0305
Result Accepted

7. Ordinary Resolution 7

Description 
To re-appoint Mazars 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 46 6
No. of Shares 67,251,181 1,416
% of Voted Shares 99.9979 0.0021
Result Accepted

8. Ordinary Resolution 8

Description 
Authority for Directors to issue and allot shares of the Company pursuant to Sections 75 and 76 of the Companies Act 2016 and Waiver of Pre-emptive Rights under Section 85 of the Companies Act 2016.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 43 9
No. of Shares 67,250,881 1,716
% of Voted Shares 99.9974 0.0026
Result Accepted

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