The Board of Directors of Reneuco Berhad("Reneuco" or "Company") wishes to announce the outcome of the Ordinary Resolutions tabled at the 26th AnnualGeneral Meeting ("26th AGM") of the Company held today.
All the Ordinary Resolutions as per the Notice of 26th AGMdated 8 February 2024were carried.
The results of the poll voting in respect of allOrdinary Resolutions tabled have been validated by KW Ng & Co, the independent scrutineer appointed by the Company. The details of the poll results are set out below.
This announcement is dated 27 March 2024.
Voting Results |
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1. Ordinary Resolution 1 |
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Description |
To approve the payment of Directors fees of up to RM894,600.00 commencing from the conclusion of the 26th AGM until the next Annual General Meeting of the Company. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 90 | 43 |
No. of Shares | 85,919,342 | 597,286 |
% of Voted Shares | 99.3096 | 0.6904 |
Result | Accepted | |
2. Ordinary Resolution 2 |
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Description |
To approve the payment of Directors benefits of up to RM330,600.00 commencing from the conclusion of the 26th AGM until the next Annual General Meeting of the Company. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 85 | 47 |
No. of Shares | 85,913,842 | 574,986 |
% of Voted Shares | 99.3352 | 0.6648 |
Result | Accepted | |
3. Ordinary Resolution 3 |
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Description |
To re-elect Sarah Azreen binti Abdul Samat who retires 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 | 112 | 29 |
No. of Shares | 257,600,537 | 329,954 |
% of Voted Shares | 99.8721 | 0.1279 |
Result | Accepted | |
4. Ordinary Resolution 4 |
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Description |
To re-elect Tan Yee Hou who retires 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 | 113 | 28 |
No. of Shares | 257,579,245 | 328,046 |
% of Voted Shares | 99.8728 | 0.1272 |
Result | Accepted | |
5. Ordinary Resolution 5 |
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Description |
To re-elect Dato' Dr. Md Khir bin Abdul 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 | 112 | 29 |
No. of Shares | 257,514,337 | 392,954 |
% of Voted Shares | 99.8476 | 0.1524 |
Result | Accepted | |
6. Ordinary Resolution 6 |
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Description |
To re-elect Y.M. Tunku Datuk Nooruddin bin Tunku Dato' Seri Shahabuddin 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 | 112 | 29 |
No. of Shares | 257,788,437 | 142,054 |
% of Voted Shares | 99.9449 | 0.0551 |
Result | Accepted | |
7. Ordinary Resolution 7 |
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Description |
Authority to issue and allot shares pursuant to Sections 75 and 76 of the Companies Act 2016 and waiver of the pre-emptive rights. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 109 | 33 |
No. of Shares | 173,605,455 | 84,330,336 |
% of Voted Shares | 67.3057 | 32.6943 |
Result | Accepted | |
8. Ordinary Resolution 8 |
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Description |
Proposed renewal of existing shareholders mandate for recurrent related party transactions of a revenue or trading nature. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 106 | 28 |
No. of Shares | 85,992,076 | 529,754 |
% of Voted Shares | 99.3877 | 0.6123 |
Result | Accepted | |
9. Ordinary Resolution 9 |
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Description |
Proposed renewal of share buy-back authority for the purchase up to ten percent (10%) of the total number of issued shares of the Company. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 115 | 25 |
No. of Shares | 257,700,047 | 235,544 |
% of Voted Shares | 99.9087 | 0.0913 |
Result | Accepted | |