[WONG] General Meeting on 26-Mar-2024

Stock
[WONG]: WONG ENGINEERING CORPORATION
Announcement Date
23-Feb-2024
Reference No.
GMA-23022024-00009
Corporate Action ID
MY240223MEET0009
Type
General Meeting
Date & Time
26-Mar-2024 10:00
Depositor Date
19-Mar-2024
Venue
Fully virtual basis through live streaming and online remote meeting platform at https://tiih.online or https://tiih.com.my (Domain Registration No. with MYNIC - D1A282781)
Description
Twenty-Seventh ("27th") Annual General Meeting ("AGM")
WEC-Notice of 27th AGM (ads).pdf
Outcome

Wong Engineering Corporation Berhad ("the Company") wishes to announce that at the Twenty-Seventh Annual General Meeting ("27th AGM") of the Company held today, all the 8 ordinary resolutions set out in the Notice of the 27th AGM dated 26 February 2024 were duly passed by way of poll. The results of the poll were duly validated by Asia Securities Sdn. Berhad, the independent Scrutineer appointed by the Company.


This announcement is dated 26 March 2024.

Voting Results

1. Ordinary Resolution 1

Description 
To approve the payment of Directors' fees of up to RM300,000 for the period from the
next day of the 27th AGM until the conclusion of the next AGM in 2025.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 42 16
No. of Shares 67,447,577 37,604
% of Voted Shares 99.9443 0.0557
Result Accepted

2. Ordinary Resolution 2

Description 
To approve the payment of benefits payable to the Directors of the Company of up to RM50,000 for the period from the next day of the 27th AGM until the conclusion of the next AGM in 2025.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 41 17
No. of Shares 67,447,575 37,606
% of Voted Shares 99.9443 0.0557
Result Accepted

3. Ordinary Resolution 3

Description 
To re-elect Eng Teik Hiang who are retiring in accordance with Clause 103 of the Company's Constitution and being eligible, offers himself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 50 11
No. of Shares 119,546,654 58,402
% of Voted Shares 99.9512 0.0488
Result Accepted

4. Ordinary Resolution 4

Description 
To re-elect Lau Chia En who are retiring in accordance with Clause 103 of the Company's Constitution and being eligible, offers himself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 50 11
No. of Shares 119,546,654 58,402
% of Voted Shares 99.9512 0.0488
Result Accepted

5. Ordinary Resolution 5

Description 
To re-appoint KPMG PLT as auditors of the Company for the financial year ending 31 October 2024 and to authorize the Directors to fix their remuneration.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 51 11
No. of Shares 119,551,654 58,402
% of Voted Shares 99.9512 0.0488
Result Accepted

6. Ordinary Resolution 6

Description 
Authority to Issue and Allot Shares pursuant to Sections 75 and 76 of the Companies Act 2016.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 50 12
No. of Shares 119,551,379 58,677
% of Voted Shares 99.9509 0.0491
Result Accepted

7. Ordinary Resolution 7

Description 
Proposed Renewal of Authority for the Company to Buy-Back its Own Ordinary Shares.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 51 11
No. of Shares 119,596,379 13,677
% of Voted Shares 99.9886 0.0114
Result Accepted

8. Ordinary Resolution 8

Description 
Proposed Renewal of Shareholders' Mandate for Existing Recurrent Related Party
Transactions of a Revenue or Trading Nature.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 42 11
No. of Shares 344,254 13,677
% of Voted Shares 96.1789 3.8211
Result Accepted

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