[VELOCITY] General Meeting on 03-Dec-2024

Stock
[VELOCITY]: VELOCITY CAPITAL PARTNER BERHAD
Announcement Date
29-Oct-2024
Reference No.
GMA-28102024-00026
Corporate Action ID
MY241028MEET0026
Type
General Meeting
Date & Time
03-Dec-2024 10:00
Depositor Date
26-Nov-2024
Venue
Ballroom V, Main Wing, Tropicana Golf & Country Resort, Jalan Kelab Tropicana, Tropicana Golf & Country Resort, 47410 Petaling Jaya, Selangor Darul Ehsan,
Description
Velocity Capital Partner Berhad (formerly known as CSH Alliance Berhad) - Notice of Twenty-Fourth Annual General Meeting
Velocity Capital Partner Berhad (f.k.a. CSH Alliance Berhad) - Notice of 24th AGM.pdf
Outcome
The Board of Directors of Velocity Capital Partner Berhad (formerly known as CSH Alliance Berhad) ("the Company") wishes to announce that all of the resolutions as tabled at the Twenty-Fourth Annual General Meeting ("24th AGM") held today as per the Notice of the 24th AGM dated 30 October 2024 were duly passed by the shareholders of the Company.

All of the resolutions were voted by poll and the results of the poll were validated by Cygnus Technology Solutions Sdn. Bhd., the independent scrutineer appointed by the Company.

Details of the results of the polling in respect of all resolutions of the 24th AGM are set out below.

This announcement is dated 3 December 2024.

Voting Results

1. Ordinary Resolution 1

Description 
To approve the payment of Directors' fees of up to RM350,000.00 for the financial year ending 30 June 2025 and thereafter, which is payable quarterly in arrears
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 18 1
No. of Shares 538,371,931 20,000
% of Voted Shares 99.9963 0.0037
Result Accepted

2. Ordinary Resolution 2

Description 
To approve the payment of Directors' benefits of up to RM40,000.00 from 4 December 2024 until the date of the next Annual General Meeting of the Company
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 17 2
No. of Shares 538,371,811 20,120
% of Voted Shares 99.9963 0.0037
Result Accepted

3. Ordinary Resolution 3

Description 
To re-elect En. Azman Bin Mat Ali, who is due to retire in accordance with Clause 120 of the Company's Constitution and being eligible, has offered himself for re-election
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 18 1
No. of Shares 538,371,931 20,000
% of Voted Shares 99.9963 0.0037
Result Accepted

4. Ordinary Resolution 4

Description 
To re-elect Mr. See Toh Kean Yaw, who is due to retire in accordance with Clause 120 of the Company's Constitution and being eligible, has offered himself for re-election
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 17 2
No. of Shares 538,371,831 20,100
% of Voted Shares 99.9963 0.0037
Result Accepted

5. Ordinary Resolution 5

Description 
To re-elect Mr. Krishnan A/L Dorairaju, who is due to retire in accordance with Clause 120 of the Company's Constitution and being eligible, has offered himself for re-election
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 18 1
No. of Shares 538,371,931 20,000
% of Voted Shares 99.9963 0.0037
Result Accepted

6. Ordinary Resolution 6

Description 
To re-elect the Dato' Kang Chez Chiang, who is due to retire in accordance with Clause 120 of the Company's Constitution and being eligible, has offered himself for re-election
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 18 1
No. of Shares 538,371,931 20,000
% of Voted Shares 99.9963 0.0037
Result Accepted

7. Ordinary Resolution 7

Description 
To re-elect Mr. Lim Peng Tong, who is due to retire in accordance with Clause 121 of the Company's Constitution and being eligible, has offered himself for re-election
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 18 1
No. of Shares 538,371,931 20,000
% of Voted Shares 99.9963 0.0037
Result Accepted

8. Ordinary Resolution 8

Description 
To re-elect Mr. Tan Yip Jiun, who is due to retire in accordance with Clause 121 of the Company's Constitution and being eligible, has offered himself for re-election
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 17 2
No. of Shares 538,371,631 20,300
% of Voted Shares 99.9962 0.0038
Result Accepted

9. Ordinary Resolution 9

Description 
To appoint Crowe Malaysia PLT as auditors of the Company in place of the retiring auditors, Messrs. ChengCo PLT and to authorise the Directors to fix their remuneration
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 18 1
No. of Shares 538,371,931 20,000
% of Voted Shares 99.9963 0.0037
Result Accepted

10. Ordinary Resolution 10

Description 
Authority to Issue Shares pursuant to the Companies Act 2016 and Waiver of Pre-emptive Rights
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 18 1
No. of Shares 538,371,931 20,000
% of Voted Shares 99.9963 0.0037
Result Accepted

11. Ordinary Resolution 11

Description 
Proposed Renewal of Existing Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 17 1
No. of Shares 370,197,931 20,000
% of Voted Shares 99.9946 0.0054
Result Accepted

Remark
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