TheBoard of Directors of YBS International Berhad (the “Company” or “YBS”) wishesto announce at the Twenty-Second ("22nd") Annual General Meeting (“AGM”) of the Company held today, the nine (9)ordinary resolutions as set out in the Notice of the 22nd AGM dated 31 July 2024were duly passed by way of poll.
The results of the poll were duly verified by Cygnus Technology SolutionsSdn. Bhd., the independent Scrutineer appointed by the Company.
The details of the pollresults of the AGM are set out below.
This announcement is dated 29 August 2024.
Voting Results |
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1. Ordinary Resolution 1 |
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Description |
To approve the payment of Directors' fees of up to RM300,000 to the Independent Non-Executive Directors for the period commencing one day after the 22nd AGM until the conclusion of the next AGM of the Company in 2025. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 51 | 0 |
No. of Shares | 101,549,357 | 0 |
% of Voted Shares | 100.0000 | 0.0000 |
Result | Accepted | |
2. Ordinary Resolution 2 |
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Description |
To approve the payment of Directors' benefits payable of up to RM100,000 for the period commencing one day after the 22nd AGM until the conclusion of the next AGM of the Company in 2025. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 51 | 0 |
No. of Shares | 101,549,357 | 0 |
% of Voted Shares | 100.0000 | 0.0000 |
Result | Accepted | |
3. Ordinary Resolution 3 |
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Description |
To re-elect Yong Swee Chuan who retires in accordance with Paragraph 102(1) of the Company's Constitution and who, being eligible, has offered himself for re-election. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 0 | 0 |
No. of Shares | 0 | 0 |
% of Voted Shares | 0.0000 | 0.0000 |
Result | Withdrawn/ Postponed | |
4. Ordinary Resolution 4 |
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Description |
To re-elect Dato' Jimmy Ong Chin Keng who retires in accordance with Paragraph 102(1) of the Company's Constitution and who, being eligible, has offered himself for re-election. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 44 | 6 |
No. of Shares | 95,117,857 | 6,431,400 |
% of Voted Shares | 93.6667 | 6.3333 |
Result | Accepted | |
5. Ordinary Resolution 5 |
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Description |
To re-elect Poa Mei Ling who retires in accordance with Paragraph 107(2) of the Company's Constitution and who, being eligible, has offered herself for re-election. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 0 | 0 |
No. of Shares | 0 | 0 |
% of Voted Shares | 0.0000 | 0.0000 |
Result | Withdrawn/ Postponed | |
6. Ordinary Resolution 6 |
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Description |
To re-appoint Grant Thornton Malaysia PLT as auditors of the Company for the financial year ending 31 March 2025 and to authorise the Directors to fix their remuneration. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 51 | 0 |
No. of Shares | 101,549,357 | 0 |
% of Voted Shares | 100.0000 | 0.0000 |
Result | Accepted | |
7. Ordinary Resolution 7 |
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Description |
Retention of Low Hee Chung as Independent Non-Executive Director. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 4 | 0 |
No. of Shares | 72,495,157 | 0 |
% of Voted Shares | 100.0000 | 0.0000 |
Result | Accepted | |
8. Ordinary Resolution 8 |
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Description |
Retention of Gor Siew Yeng as Independent Non-Executive Director. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 4 | 0 |
No. of Shares | 72,495,157 | 0 |
% of Voted Shares | 100.0000 | 0.0000 |
Result | Accepted | |
9. Ordinary Resolution 9 |
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Description |
Authority to issue and allot shares pursuant to Sections 75 and 76 of the Companies Act 2016. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 51 | 0 |
No. of Shares | 101,549,357 | 0 |
% of Voted Shares | 100.0000 | 0.0000 |
Result | Accepted | |
10. Ordinary Resolution 10 |
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Description |
Proposed Renewal of Authority for the Company to Purchase its Own Ordinary Shares. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 49 | 2 |
No. of Shares | 101,366,357 | 183,000 |
% of Voted Shares | 99.8198 | 0.1802 |
Result | Accepted | |
11. Ordinary Resolution 11 |
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Description |
Proposed Granting of ESOS Options to Dato' Dr. Mohd Sofi Bin Osman, the Chairman/ Independent Non-Executive Director of the Company under the Company's Employees' Share Option Scheme that was Established in 2016 ("ESOS" or "the Scheme") ("ESOS Options"). |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 40 | 11 |
No. of Shares | 94,884,157 | 6,665,200 |
% of Voted Shares | 93.4365 | 6.5635 |
Result | Accepted | |
12. Ordinary Resolution 12 |
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Description |
Proposed Granting of ESOS Options to Poa Mei Ling, an Executive Director of the Company under the Company's ESOS. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 0 | 0 |
No. of Shares | 0 | 0 |
% of Voted Shares | 0.0000 | 0.0000 |
Result | Withdrawn/ Postponed | |
13. Ordinary Resolution 7 - Tier 2 |
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Description |
Retention of Low Hee Chung as Independent Non-Executive Director. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 44 | 3 |
No. of Shares | 29,041,900 | 12,300 |
% of Voted Shares | 99.9577 | 0.0423 |
Result | Accepted | |
14. Ordinary Resolution 8 - Tier 2 |
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Description |
Retention of Gor Siew Yeng as Independent Non-Executive Director. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 44 | 3 |
No. of Shares | 29,041,900 | 12,300 |
% of Voted Shares | 99.9577 | 0.0423 |
Result | Accepted | |
2024-08-29