On behalf of the Board of Directors ofCYL Corporation Berhad ("CYL" or "the Company"), wishes to announce that all resolutions set out in the Notice of the Twenty-FourthAnnual Gneral Meeting ("24th AGM") dated 27May 2024 were duly passed at the24th 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 18 July 2024.
Voting Results |
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1. Ordinary Resolution 1 |
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Description |
To re-elect Mr. Chen Yat Lee, the Director who retires by rotation pursuant to Clause 76(3) of the Company's Constitution. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 88 | 12 |
No. of Shares | 67,226,651 | 9,216 |
% of Voted Shares | 99.9863 | 0.0137 |
Result | Accepted | |
2. Ordinary Resolution 2 |
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Description |
To re-elect Ms, Gan Kok Ling, the Director who retires by rotation pursuant to Clause 76(3) of the Company's Constitution. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 88 | 12 |
No. of Shares | 67,226,651 | 9,216 |
% of Voted Shares | 99.9863 | 0.0137 |
Result | Accepted | |
3. Ordinary Resolution 3 |
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Description |
To re-elect Mr. Wan Kai Chee, the Director who retires pursuant to Clause 78 of the Company's Constitution. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 88 | 12 |
No. of Shares | 67,226,651 | 9,216 |
% of Voted Shares | 99.9863 | 0.0137 |
Result | Accepted | |
4. Ordinary Resolution 4 |
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Description |
To approve the payment of Directors' fees to the Non-Executive Directors of RM360,000.00 for the period commencing on the date immediately after the 24th AGM up to the date of the next AGM to be held in 2025. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 85 | 14 |
No. of Shares | 57,219,658 | 9,151 |
% of Voted Shares | 99.9840 | 0.0160 |
Result | Accepted | |
5. Ordinary Resolution 5 |
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Description |
To approve the payment of Directors' benefits to the Non-Executive Director of RM15,000.00 for the period commencing on the date immediately after the 24th AGM up to the date of the next AGM to be held in 2025. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 79 | 20 |
No. of Shares | 57,215,348 | 13,461 |
% of Voted Shares | 99.9765 | 0.0235 |
Result | Accepted | |
6. Ordinary Resolution 6 |
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Description |
To re-appoint Mazars PLT as Auditors of the Company for the ensuring year and to authorise the Directors to fix their remuneration. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 91 | 9 |
No. of Shares | 67,231,951 | 3,916 |
% of Voted Shares | 99.9942 | 0.0058 |
Result | Accepted | |
7. Ordinary Resolution 7 |
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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 ("the Act") and Waiver of Pre-emptive Rights under Section 85 of the Act. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 85 | 15 |
No. of Shares | 67,210,341 | 25,526 |
% of Voted Shares | 99.9620 | 0.0380 |
Result | Accepted | |