The Board of Directors of Widad Group Berhad ("the Company") wishes to announce that all the resolutions set out in the Notice of FifteenthAnnual General Meeting ("15th AGM") dated 30April 2024were tabled and duly passed at the 15th AGM of the Company held today, 27 June 2024.
All the resolutions were voted by poll in accordance with Rule 8.31A of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad. The result of the poll was validated by Cygnus Technology Solutions Sdn. Bhd., the Independent Scrutineers appointed by the Company.
The details of the poll results are set out below.
This announcement is dated 27 June 2024.
Voting Results |
||
1. Ordinary Resolution 1 |
||
Description |
To approve the payment of Directors' fees and benefits up to RM500,000.00 from this AGM until the next AGM of the Company. |
|
Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 330 | 57 |
No. of Shares | 1,075,752,882 | 771,509 |
% of Voted Shares | 99.9283 | 0.0717 |
Result | Accepted | |
2. Ordinary Resolution 2 |
||
Description |
To re-elect Dato' Dr. Mohd Rizal Bin Mohd Jaafar retiring pursuant to Article 86 of the Company's Constitution. |
|
Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 289 | 96 |
No. of Shares | 435,152,692 | 769,572,307 |
% of Voted Shares | 36.1205 | 63.8795 |
Result | Rejected | |
3. Ordinary Resolution 3 |
||
Description |
To re-elect Mr. Ong Kuan Wah retiring pursuant to Article 86 of the Company's Constitution. |
|
Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 337 | 47 |
No. of Shares | 959,414,193 | 117,109,806 |
% of Voted Shares | 89.1215 | 10.8785 |
Result | Accepted | |
4. Ordinary Resolution 4 |
||
Description |
To re-elect Ms. Saloma Binti Mohd Junid retiring pursuant to Article 92 of the Company's Constitution. |
|
Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 338 | 46 |
No. of Shares | 1,076,141,192 | 109,807 |
% of Voted Shares | 99.9898 | 0.0102 |
Result | Accepted | |
5. Ordinary Resolution 5 |
||
Description |
To re-appoint Messrs. Grant Thornton Malaysia PLT as Auditors of the Company and to authorise the Directors to fix the remuneration. |
|
Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 337 | 46 |
No. of Shares | 1,076,414,093 | 109,806 |
% of Voted Shares | 99.9898 | 0.0102 |
Result | Accepted | |
6. Ordinary Resolution 6 |
||
Description |
Authority to Issue Shares. |
|
Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 330 | 53 |
No. of Shares | 1,075,780,991 | 742,708 |
% of Voted Shares | 99.9310 | 0.0690 |
Result | Accepted | |
7. Ordinary Resolution 7 |
||
Description |
Proposed Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature. |
|
Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 330 | 50 |
No. of Shares | 649,874,291 | 139,408 |
% of Voted Shares | 99.9786 | 0.0214 |
Result | Accepted | |
8. Ordinary Resolution 8 |
||
Description |
Proposed Authority to Purchase its Own Shares by the Company. |
|
Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 339 | 45 |
No. of Shares | 1,076,414,193 | 109,806 |
% of Voted Shares | 99.9898 | 0.0102 |
Result | Accepted | |