[YOCB] General Meeting on 28-Nov-2024

Stock
[YOCB]: YOONG ONN CORPORATION BERHAD
Announcement Date
28-Oct-2024
Reference No.
GMA-23102024-00004
Corporate Action ID
MY241023MEET0004
Type
General Meeting
Date & Time
28-Nov-2024 10:00
Depositor Date
20-Nov-2024
Venue
Online Meeting Platform at https://meeting.boardroomlimited.my
Description
Seventeenth Annual General Meeting of Yoong Onn Corporation Berhad
YOCB - 17th AGM Notice and Administrative Guide.pdf
Outcome

The Board of Directors of the Company is pleased to announce that the resolutions as set out in the Notice of the 17thAnnual General Meeting ("AGM") dated 29October 2024were approved by the shareholders at the AGM held today. All the resolutions were voted bypoll at the 17th AGM and the results were validated by Sky Corporate Services Sdn Bhd, the Independent Scrutineer appointed by the Company.

The details of the poll resultsare set out below.

This announcement is dated 28November 2024.

Voting Results

1. Ordinary Resolution 1

Description 
To approve the payment of Directors' fee of RM252,000 for the period commencing 28 November 2024 until the next Annual General Meeting of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 75 14
No. of Shares 96,344,602 66,297
% of Voted Shares 99.9312 0.0688
Result Accepted

2. Ordinary Resolution 2

Description 
To re-elect Hasmaliza Binti Othman who is retiring in accordance with Clause 104 of the Company's Constitution
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 69 21
No. of Shares 89,871,281 6,739,618
% of Voted Shares 93.0240 6.9760
Result Accepted

3. Ordinary Resolution 3

Description 
To re-elect Tan Sri Datuk Seri Dr. Suleiman Bin Mohamed who is retiring in accordance with Clause 104 of the Company's Constitution
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 80 10
No. of Shares 96,490,781 120,118
% of Voted Shares 99.8757 0.1243
Result Accepted

4. Ordinary Resolution 4

Description 
To re-appoint HLB Ler Lum Chew 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 84 6
No. of Shares 96,608,783 2,116
% of Voted Shares 99.9978 0.0022
Result Accepted

5. Ordinary Resolution 5

Description 
To approve the payment of single tier final dividend 4.0 sen per ordinary share in respect of the financial year ended 30 June 2024.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 84 6
No. of Shares 96,597,883 13,016
% of Voted Shares 99.9865 0.0135
Result Accepted

6. Ordinary Resolution 6

Description 
Authority to Allot and Issue Shares Pursuant to Sections 75 and 76 of the Companies Act 2016
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 75 14
No. of Shares 96,553,708 57,185
% of Voted Shares 99.9408 0.0592
Result Accepted

7. Ordinary Resolution 7

Description 
Proposed Renewal of Authority for Share Buy-Back
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 79 9
No. of Shares 95,997,774 13,119
% of Voted Shares 99.9863 0.0137
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 75 9
No. of Shares 11,865,544 15,118
% of Voted Shares 99.8728 0.1272
Result Accepted

9. Ordinary Resolution 9

Description 
Proposed New Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 75 9
No. of Shares 11,766,544 114,118
% of Voted Shares 99.0395 0.9605
Result Accepted

Remark
-
Market Buzz

2024-11-28

Meeting Outcome

General Meeting on 28-Nov-2024.

2024-11-28

Quarter Result

Quarter Result on 30-Sep-2024[#1] QoQ - -25.57% YoY - -13.47%.

Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment