[AMWAY] General Meeting on 23-May-2024

Stock
[AMWAY]: AMWAY (M) HOLDINGS BHD
Announcement Date
22-Apr-2024
Reference No.
GMA-16042024-00003
Corporate Action ID
MY240416MEET0003
Type
General Meeting
Date & Time
23-May-2024 09:30
Depositor Date
15-May-2024
Venue
Broadcast Venue Van Andel & DeVos Training Centre, Amway (Malaysia) Sdn. Bhd. 28, Jalan 223 46100 Petaling Jaya, Selangor Darul Ehsan
Description
AMWAY (MALAYSIA) HOLDINGS BERHAD - Notice of the 29th Annual General Meeting
Amway - Notice of 29th Annual General Meeting.pdf
Outcome

The Board of Directors of the Company is pleased to announce that all resolutions as set out in the Notice of the 29th Annual General Meeting ("29th AGM") dated 23 April 2024were passed by the shareholders of the Company. The results of the poll, which has been verified by Independent Scrutineer, Coopers Professional Scrutineers Sdn. Bhd. is attached for reference.

Voting Results

1. Ordinary Resolution 1

Description 
To re-elect En Abd Malik Bin A Rahman who is retiring pursuant to Clause 76(3) of the Constitution of the Company ("the Constitution").
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 297 84
No. of Shares 141,306,404 201,692
% of Voted Shares 99.8575 0.1425
Result Accepted

2. Ordinary Resolution 2

Description 
To re-elect Pn Norhanifah Binti A.Jalil who is retiring pursuant to Clause 78 of the Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 301 83
No. of Shares 141,490,704 21,692
% of Voted Shares 99.9847 0.0153
Result Accepted

3. Ordinary Resolution 3

Description 
To approve the appointment of Datuk Harjeet Singh A/L Hardev Singh as the Independent Non-Executive Director of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 300 84
No. of Shares 141,311,002 201,394
% of Voted Shares 99.8577 0.1423
Result Accepted

4. Ordinary Resolution 4

Description 
To approve the Directors' fee of up to RM132,000 payable to En Abd Malik Bin A Rahman, the Chairman and the Senior Independent Non-Executive Director, for the financial year ending 31 December 2024.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 282 99
No. of Shares 141,301,348 206,748
% of Voted Shares 99.8539 0.1461
Result Accepted

5. Ordinary Resolution 5

Description 
To approve the Directors' fee of up to RM35,600 payable to Dato' Abdullah Thalith Bin Md Thani, the Nominating Committee Chairman and the Independent Non-Executive Director, for the period from 1 January 2024 to 23 May 2024.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 285 99
No. of Shares 141,480,648 31,748
% of Voted Shares 99.9776 0.0224
Result Accepted

6. Ordinary Resolution 6

Description 
To approve the Directors' fee of up to RM94,300 payable to Ms Ho Kim Poi, the Audit Committee Chairperson and the Independent Non-Executive Director, for the financial year ending 31 December 2024.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 285 99
No. of Shares 141,480,648 31,748
% of Voted Shares 99.9776 0.0224
Result Accepted

7. Ordinary Resolution 7

Description 
To approve the Directors' fee of up to RM82,100 payable to Mr Low Han Kee, the Non-Independent Non-Executive Director, for the financial year ending 31 December 2024.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 286 98
No. of Shares 141,480,948 31,448
% of Voted Shares 99.9778 0.0222
Result Accepted

8. Ordinary Resolution 8

Description 
To approve the Directors' fee of up to RM94,800 payable to Datin Seri Azreen Binti Abu Noh, the Independent Non-Executive Director, for the financial year ending 31 December 2024.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 285 99
No. of Shares 141,480,648 31,748
% of Voted Shares 99.9776 0.0224
Result Accepted

9. Ordinary Resolution 9

Description 
To approve the Directors' fee of up to RM75,100 payable to Pn Norhanifah Binti A.Jalil, the Non-Independent Non-Executive Director, for the financial year ending 31 December 2024.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 284 100
No. of Shares 141,480,506 31,890
% of Voted Shares 99.9775 0.0225
Result Accepted

10. Ordinary Resolution 10

Description 
To approve the Directors' fee of up to RM53,200 payable to Datuk Harjeet Singh A/L Hardev Singh, the incoming Independent Non-Executive Director, for the period from 23 May 2024 to 31 December 2024 (subject to passing of Ordinary Resolution 3).
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 284 100
No. of Shares 141,300,806 211,590
% of Voted Shares 99.8505 0.1495
Result Accepted

11. Ordinary Resolution 11

Description 
To approve the Directors' benefits of up to RM138,400 for the financial year ending 31 December 2024.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 280 101
No. of Shares 141,475,107 32,989
% of Voted Shares 99.9767 0.0233
Result Accepted

12. Ordinary Resolution 12

Description 
To re-appoint Ernst & Young 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 311 73
No. of Shares 141,494,369 18,027
% of Voted Shares 99.9873 0.0127
Result Accepted

13. Ordinary Resolution 13

Description 
Proposed Renewal of Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature with Access Business Group International LLC and Amway (Singapore) Pte. Ltd.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 306 77
No. of Shares 56,501,312 20,801
% of Voted Shares 99.9632 0.0368
Result Accepted

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