[SUNWAY] General Meeting on 25-Jun-2024

Stock

[SUNWAY]: SUNWAY BERHAD

Announcement Date

29-Apr-2024

Reference No.

GMA-05042024-00003

Corporate Action ID

MY240405MEET0003

Type

General Meeting

Date & Time

25-Jun-2024 15:00

Depositor Date

18-Jun-2024

Venue

Broadcast Venue at the Penthouse, Level 20, Menara Sunway Jalan Lagoon Timur, Bandar Sunway 47500 Subang Jaya Selangor Darul Ehsan

Description

Notice of the 14th Annual General Meeting ("14th AGM") The 14th AGM of Sunway Berhad will be conducted virtually through live streaming and online remote voting.
Sunway Berhad-Notice of 14th AGM.pdf

Outcome

The Board of Directors of Sunway Berhad (“Sunway”) is pleased to announce that all the resolutions as set out in the Notice of the14th Annual General Meeting of Sunway (“14th AGM”) dated 30April 2024were duly passedat the 14th AGM held virtually today.

All the resolutions were voted by way of poll via the Remote Participation and Electronic Voting facilities. The detailed poll results which were validated by SKY Corporate Services SdnBhd, the Independent Scrutineer appointed by Sunway, are asattachedand set out below.

This announcement is dated 25June 2024.

Voting Results

1. Ordinary Resolution 1
Description	To approve the payment of Directors' and Board Committees' fees amounting to RM1,194,452.06 to the Non-Executive Directors for the financial year ended 31 December 2023.
Shareholder’s Action	For Voting
Voted	For	Against
No. of Shareholders	575	83
No. of Shares	4,042,633,211	307,964
% of Voted Shares	99.9924	0.0076
Result	Accepted

2. Ordinary Resolution 2
Description	To approve the payment of benefits payable to the Non-Executive Directors of up to an amount of RM600,000.00 from 26 June 2024 until the conclusion of the next AGM of the Company.
Shareholder’s Action	For Voting
Voted	For	Against
No. of Shareholders	571	87
No. of Shares	4,042,690,733	250,442
% of Voted Shares	99.9938	0.0062
Result	Accepted

3. Ordinary Resolution 3
Description	To re-elect Dato' Sri Idris Jala who retires by rotation pursuant to Clause 106(1) of the Company's Constitution and being eligible, offers himself for re-election.
Shareholder’s Action	For Voting
Voted	For	Against
No. of Shareholders	591	68
No. of Shares	4,042,451,212	490,423
% of Voted Shares	99.9879	0.0121
Result	Accepted

4. Ordinary Resolution 4
Description	To re-elect Tan Sri Datuk Dr. Rebecca Fatima Sta Maria who retires by rotation pursuant to Clause 106(1) of the Company's Constitution and being eligible, offers herself for re-election.
Shareholder’s Action	For Voting
Voted	For	Against
No. of Shareholders	597	62
No. of Shares	4,042,821,517	120,118
% of Voted Shares	99.9970	0.0030
Result	Accepted

5. Ordinary Resolution 5
Description	To re-elect Datuk Tong Poh Keow who retires by rotation pursuant to Clause 106(1) of the Company's Constitution and being eligible, offers herself for re-election.
Shareholder’s Action	For Voting
Voted	For	Against
No. of Shareholders	603	56
No. of Shares	4,042,822,222	119,413
% of Voted Shares	99.9970	0.0030
Result	Accepted

6. Ordinary Resolution 6
Description	To re-elect Datuk Mohd Anuar bin Taib who retires by rotation pursuant to Clause 89 of the Company's Constitution and being eligible, offers himself for re-election.
Shareholder’s Action	For Voting
Voted	For	Against
No. of Shareholders	595	64
No. of Shares	4,042,801,305	140,330
% of Voted Shares	99.9965	0.0035
Result	Accepted

7. Ordinary Resolution 7
Description	To re-appoint Messrs BDO PLT as Auditors of the Company for the financial year ending 31 December 2024 and to authorise the Directors to fix their remuneration.
Shareholder’s Action	For Voting
Voted	For	Against
No. of Shareholders	602	56
No. of Shares	4,040,477,754	2,459,784
% of Voted Shares	99.9392	0.0608
Result	Accepted

8. Ordinary Resolution 8
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	531	128
No. of Shares	3,426,142,054	616,799,581
% of Voted Shares	84.7438	15.2562
Result	Accepted

9. Ordinary Resolution 9
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	576	60
No. of Shares	957,973,074	131,494
% of Voted Shares	99.9863	0.0137
Result	Accepted

10. Ordinary Resolution 10
Description	Proposed Renewal of Share Buy-Back Authority.
Shareholder’s Action	For Voting
Voted	For	Against
No. of Shareholders	557	99
No. of Shares	3,667,599,560	375,245,246
% of Voted Shares	90.7183	9.2817
Result	Accepted

11. Ordinary Resolution 11
Description	Proposed renewal of the authority for Directors to allot and issue new ordinary shares in the Company ("Sunway Shares") in relation to the Dividend Reinvestment Scheme that provides the shareholders of the Company with the option to elect to reinvest their cash dividend entitlements in Sunway Shares.
Shareholder’s Action	For Voting
Voted	For	Against
No. of Shareholders	586	72
No. of Shares	4,042,330,602	573,548
% of Voted Shares	99.9858	0.0142
Result	Accepted

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[SUNWAY] General Meeting on 25-Jun-2024

Voting Results

1. Ordinary Resolution 1

2. Ordinary Resolution 2

3. Ordinary Resolution 3

4. Ordinary Resolution 4

5. Ordinary Resolution 5

6. Ordinary Resolution 6

7. Ordinary Resolution 7

8. Ordinary Resolution 8

9. Ordinary Resolution 9

10. Ordinary Resolution 10

11. Ordinary Resolution 11

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