The Board of Directors of WCE Holdings Berhad ("the Company") wishes to announce that all the resolutions set out in the Notice of the Twenty-ThirdAnnual General Meeting ("23rdAGM") dated 25 July2024were duly passed by the shareholders of the Company by way of poll at the 23rd AGM held on a virtual basis through live streaming from the Broadcast Venue at Unit 7-21, Wisma Conlay, No. 1, Jalan USJ 10/1, Taipan Business Centre, 47620 Subang Jaya, Selangor using the Remote Participation and Voting Facilities provided by Metra Management Sdn Bhd via its website at www.metramanagement.com.my (Domain Registration No. D1A403946) on Tuesday, 27August 2024.
The results of the poll were validated by Symphony Corporate Services Sdn Bhd, the Scrutineer appointed by the Company.
The results of the poll of the 23rdAGM of the Company are attached herewith.
The detailsof the poll resultsfor Ordinary Resolution6 areas follows:-
Resolution |
Description |
Shareholders Action |
Voted |
Results |
|||
Voted |
No. of Shareholders |
No. of Shares |
% of Voted Shares |
||||
Ordinary Resolution 6– Tier 1 |
Proposed continuation of Datuk Ir. Hamzah Bin Hasanin office as Independent Non-Executive Director. |
For Voting |
For Against |
1 0 |
796,105,843 0 |
100.0000 0.0000 |
Accepted |
Ordinary Resolution 6– Tier 2 |
Proposed continuation of Datuk Ir. Hamzah Bin Hasanin office as Independent Non-Executive Director. |
For Voting |
For Against |
67 17 |
1,078,112,724 1,416,655 |
99.8688 0.1312 |
Accepted |
Voting Results |
||
1. Ordinary Resolution 1 |
||
Description |
To approve the payment of the Directors' fees of RM1,287,666.00 for the financial year ended 31 March 2024. |
|
Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 62 | 23 |
No. of Shares | 1,874,269,487 | 1,416,935 |
% of Voted Shares | 99.9245 | 0.0755 |
Result | Accepted | |
2. Ordinary Resolution 2 |
||
Description |
To approve the payment of Directors' Benefits of up to RM120,000.00 for the period from the Twenty-Third Annual General Meeting until the Twenty-Fourth Annual General Meeting. |
|
Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 61 | 25 |
No. of Shares | 1,873,424,742 | 2,242,680 |
% of Voted Shares | 99.8804 | 0.1196 |
Result | Accepted | |
3. Ordinary Resolution 3 |
||
Description |
To re-elect the Director, Tang King Hua, who is retiring by rotation pursuant to Clause 76(3) of the Constitution of the Company. |
|
Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 77 | 10 |
No. of Shares | 1,872,617,806 | 3,117,416 |
% of Voted Shares | 99.8338 | 0.1662 |
Result | Accepted | |
4. Ordinary Resolution 4 |
||
Description |
To re-elect the Director, Tan Chor Teck, who is retiring by rotation pursuant to Clause 76(3) of the Constitution of the Company. |
|
Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 78 | 9 |
No. of Shares | 1,875,333,140 | 402,082 |
% of Voted Shares | 99.9786 | 0.0214 |
Result | Accepted | |
5. Ordinary Resolution 5 |
||
Description |
To re-appoint Messrs Baker Tilly Monterio Heng 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 | 80 | 9 |
No. of Shares | 1,875,600,815 | 140,707 |
% of Voted Shares | 99.9925 | 0.0075 |
Result | Accepted | |
6. Ordinary Resolution 6 |
||
Description |
Proposed continuation of Datuk Ir. Hamzah Bin Hasan in office as Independent Non-Executive Director. |
|
Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 68 | 17 |
No. of Shares | 1,874,215,567 | 1,416,655 |
% of Voted Shares | 99.9245 | 0.0755 |
Result | Accepted | |
7. Ordinary Resolution 7 |
||
Description |
Authority to issue shares pursuant to Sections 75 and 76 of the Companies Act 2016. |
|
Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 62 | 25 |
No. of Shares | 1,873,441,781 | 2,225,741 |
% of Voted Shares | 99.8813 | 0.1187 |
Result | Accepted | |
8. Ordinary Resolution 8 |
||
Description |
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 | 72 | 15 |
No. of Shares | 1,078,780,388 | 851,291 |
% of Voted Shares | 99.9212 | 0.0789 |
Result | Accepted | |
2024-08-27
2024-08-27
2024-08-26