[ECOWLD] General Meeting on 25-Mar-2024

Stock
[ECOWLD]: ECO WORLD DEVELOPMENT GROUP BERHAD
Announcement Date
22-Feb-2024
Reference No.
GMA-21022024-00006
Corporate Action ID
MY240221MEET0006
Type
General Meeting
Date & Time
25-Mar-2024 15:00
Depositor Date
18-Mar-2024
Venue
Broadcast Venue at EcoWorld Gallery @ Eco Grandeur, Lot 6232, Persiaran Mokhtar Dahari, Eco Grandeur, 42300 Bandar Puncak Alam, Selangor Darul Ehsan
Description
The Fiftieth Annual General Meeting of the Company will be conducted virtually through live streaming and online remote voting using the remote participation and voting facilities via Securities Services e-Portal at https://sshsb.net.my/.
Eco World - Notice of 50th AGM and Admin Guide.pdf
Outcome

The Board of Directors of Eco World Development Group Berhad (“the Company”) is pleased to announce that all the resolutions as set out in the Notice of the Fiftieth Annual General Meeting (“50th AGM”) of the Company dated 23February 2024were duly approved by the shareholders of the Company at the 50th AGM held today.


The voting in respect of the resolutions was carried out by way of a poll via Remote Participation and Voting facilities and the results were validated by GovernAce Advisory & Solutions Sdn. Bhd., the Independent Scrutineer appointed by the Company.


This announcement is dated 25 March 2024.

Voting Results

1. Ordinary Resolution 1

Description 
To approve the payment of Directors' Remuneration (including Directors' Fees) for the financial year ended 31 October 2023 and up to the date of the next Annual General Meeting of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 391 35
No. of Shares 1,312,755,849 44,242
% of Voted Shares 99.9966 0.0034
Result Accepted

2. Ordinary Resolution 2

Description 
To re-elect Tan Sri Dato' Sri Liew Kee Sin who is retiring by rotation in accordance with Article 126 of the Constitution of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 379 57
No. of Shares 2,255,432,858 27,304,248
% of Voted Shares 98.8039 1.1961
Result Accepted

3. Ordinary Resolution 3

Description 
To re-elect Madam Lim Hiah Eng who is retiring by rotation in accordance with Article 126 of the Constitution of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 396 38
No. of Shares 2,273,620,780 9,016,326
% of Voted Shares 99.6050 0.3950
Result Accepted

4. Ordinary Resolution 4

Description 
To re-elect Mr. Ng Soon Lai @ Ng Siek Chuan who is retiring in accordance with Article 123 of the Constitution of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 404 27
No. of Shares 2,281,912,964 724,142
% of Voted Shares 99.9683 0.0317
Result Accepted

5. Ordinary Resolution 5

Description 
To re-appoint Messrs. Baker Tilly Monteiro Heng PLT as Auditors of the Company until the conclusion of the next Annual General Meeting of the Company and to authorise the Directors to fix their remuneration.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 415 16
No. of Shares 2,282,454,071 282,035
% of Voted Shares 99.9876 0.0124
Result Accepted

6. Ordinary Resolution 6

Description 
To approve the proposed renewal of shareholders' mandate for recurrent related party transactions of a revenue or trading nature.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 374 26
No. of Shares 428,434,334 8,238
% of Voted Shares 99.9981 0.0019
Result Accepted

7. Ordinary Resolution 7

Description 
To approve the proposed renewal of authority for the Company to purchase its own ordinary shares.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 410 21
No. of Shares 2,281,930,818 6,088
% of Voted Shares 99.9997 0.0003
Result Accepted

8. Ordinary Resolution 8

Description 
To approve the proposed payment of retirement gratuity to Dato' Noor Farida Binti Mohd Ariffin.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 250 178
No. of Shares 2,027,637,970 131,140,136
% of Voted Shares 93.9253 6.0747
Result Accepted

Remark
-
Market Buzz
Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment