[AYS] General Meeting on 16-Jul-2024

Stock
[AYS]: AYS VENTURES BHD
Announcement Date
18-Jun-2024
Reference No.
GMA-13062024-00016
Corporate Action ID
MY240613MEET0016
Type
General Meeting
Date & Time
16-Jul-2024 09:30
Depositor Date
09-Jul-2024
Venue
Online meeting platform of TIIH Online website at https://tiih.online provided by Tricor Investor & Issuing House Services Sdn Bhd in
Description
AYS VENTURES BERHAD - Notice of the Thirteenth Annual General Meeting
3. AYS_Notice of AGM 2024.pdf
Outcome
The Board of Directors of AYS Ventures Berhad ("the Company") is pleased to announce that all the resolutions as prescribed in the notice convening the Annual General Meeting ("AGM") of the Company dated 18 June 2024 were duly passed by way of poll at the AGM of the Company held at the online meeting platform of TIIH Online website at https://tiih.online provided by Tricor Investor & Issuing House Services Sdn Bhd in Malaysia on Tuesday, 16 July 2024.

Resolution 5 was tabled with slight amendment to "To approve the payment of meeting attendance allowance of RM1,000.00 per meeting for each Independent Director and Non-Executive Director from August 2024 till July 2025".

The results of the poll which were validated by Mr Daryl Tee, the representative from Asia Securities Sdn Bhd, the Independent Scrutineer appointed by the Company, are as set out below:-

Voting Results

1. Ordinary Resolution 1

Description 
Approval for the payment of dividend
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 60 4
No. of Shares 267,219,014 53,316
% of Voted Shares 99.9801 0.0199
Result Accepted

2. Ordinary Resolution 2

Description 
To re-elect Oh Chiew Ho who is retiring in accordance with Article 112 of the Company's Constitution
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 57 6
No. of Shares 267,218,811 53,319
% of Voted Shares 99.9801 0.0199
Result Accepted

3. Ordinary Resolution 3

Description 
To re-elect Dato' Wan Hashim Bin Wan Jusoh who is retiring in accordance with Article 112 of the Company's Constitution
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 57 6
No. of Shares 267,218,811 53,319
% of Voted Shares 99.9801 0.0199
Result Accepted

4. Ordinary Resolution 4

Description 
To approve the payment of Directors fees not exceeding RM500,000.00 for the period from August 2024 till July 2025
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 55 6
No. of Shares 2,511,451 53,319
% of Voted Shares 97.9211 2.0789
Result Accepted

5. Ordinary Resolution 5

Description 
To approve the payment of meeting attendance allowance of RM1,000.00 per meeting for each Independent Director from August 2024 till July 2025
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 57 6
No. of Shares 267,218,811 53,319
% of Voted Shares 99.9801 0.0199
Result Accepted

6. Ordinary Resolution 6

Description 
To re-appoint Grant Thornton Malaysia 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 57 6
No. of Shares 267,218,811 53,319
% of Voted Shares 99.9801 0.0199
Result Accepted

7. Ordinary Resolution 7

Description 
Proposed 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 53 10
No. of Shares 265,715,727 1,556,403
% of Voted Shares 99.4177 0.5823
Result Accepted

8. Ordinary Resolution 8

Description 
Proposed Renewal of Authority for the Company to purchase its own shares of up to 10% of the Issued and Paid-Up Share Capital
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 56 7
No. of Shares 267,218,727 53,403
% of Voted Shares 99.9800 0.0200
Result Accepted

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