GENERAL MEETINGS: Outcome of Meeting

Reference Number GMA-10022020-00002

Company Name Stock Name Date Announced
WZ SATU BERHAD WZSATU 27 Feb 2020
WZ SATU BERHAD
WZ SATU BERHAD

var resultInd = “1″;

Type of Meeting General
Indicator Outcome of Meeting
Date of Meeting 27 Feb 2020
Time 09:30 AM

 

Venue(s) Grand Ballroom, Level 1, Zenith Putrajaya,
No. 1, Jalan P2A, Presint 2,
62100 Putrajaya,
Wilayah Persekutuan Putrajaya

Malaysia

Outcome of Meeting The Board of Directors of WZ Satu Berhad (“the Company”) is pleased to announce that all resolutions as set out in the Notice of the Fifteenth Annual General Meeting (“15th AGM“) of the Company dated 31 December 2019 were duly passed by the shareholders of the Company at the 15th AGM held today.

 

All the resolutions were voted by way of a poll and the results of the poll were validated by Commercial Quest Sdn. Bhd., the independent scrutineer appointed by the Company.

 

Details of the said results of the poll are set out below.

 

This announcement is dated 27 February 2020.

 

Voting Results
1. Resolution 1
Description To approve the payment of Directors’ fees of RM450,000/- for the period from 1 February 2020 to 31 January 2021.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 48 16
No. of Shares 190,554,427 641,617
% of Voted Shares 99.6644 0.3356
Result Accepted
2. Resolution 2
Description To approve the payment of benefits payable to the Directors up to an amount of RM100,000/- from 1 February 2020 to 31 January 2021.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 49 15
No. of Shares 190,892,336 303,708
% of Voted Shares 99.8412 0.1588
Result Accepted
3. Resolution 3
Description To re-elect Encik Rosli Bin Shafiei who retire pursuant to Clause 118 of the Company’s Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 57 9
No. of Shares 247,650,311 294,799
% of Voted Shares 99.8811 0.1189
Result Accepted
4. Resolution 4
Description To re-elect YBhg. Datuk Idris Bin Haji Hashim J.P. who retire pursuant to Clause 118 of the Company’s Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 57 9
No. of Shares 247,650,311 294,799
% of Voted Shares 99.8811 0.1189
Result Accepted
5. Resolution 5
Description To re-elect YBhg. Dato’ Mohan A/L C Sinnathamby who retire pursuant to Clause 117 of the Company’s Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 56 9
No. of Shares 246,901,245 294,799
% of Voted Shares 99.8807 0.1193
Result Accepted
6. Resolution 6
Description To re-elect Encik Ikhlas Bin Kamarudin who retire pursuant to Clause 117 of the Company’s Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 56 9
No. of Shares 191,650,311 294,799
% of Voted Shares 99.8464 0.1536
Result Accepted
7. Resolution 7
Description To re-elect YBhg. Dato’ Sri Mohamad Norza Bin Zakaria who retire pursuant to Clause 117 of the Company’s Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 56 9
No. of Shares 191,650,311 294,799
% of Voted Shares 99.8464 0.1536
Result Accepted
8. Resolution 8
Description To re-appoint Messrs. Baker Tilly Monteiro Heng PLT as Auditors of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 57 9
No. of Shares 247,650,311 294,799
% of Voted Shares 99.8811 0.1189
Result Accepted
9. Resolution 9
Description To approve the authority to issue shares pursuant to the Companies Act 2016.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 57 9
No. of Shares 247,650,311 294,799
% of Voted Shares 99.8811 0.1189
Result Accepted
10. Resolution 10
Description To approve the proposed renewal of authority for the Company to purchase its own shares.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 57 9
No. of Shares 247,650,311 294,799
% of Voted Shares 99.8811 0.1189
Result Accepted