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 |
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1. Ordinary Resolution 1 |
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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. |
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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 |
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Description |
To re-elect Mr Chen Teck Shin who retires by rotation pursuant to Clause 76(3) of the Constitution of the Company. |
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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 |
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Description |
To re-elect Encik Abd Malik Bin A Rahman who retires pursuant to Clause 78 of the Constitution of the Company. |
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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 |
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Description |
To re-elect Mr Chen Teck Sun who retires pursuant to Clause 78 of the Constitution of the Company. |
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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 |
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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. |
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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 |
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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. |
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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 |
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Description |
To re-appoint Mazars PLT as Auditors of the Company and to authorise the Directors to fix their remuneration. |
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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 |
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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. |
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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 | |