The Board of Directors of ACO Group Berhad ("ACO") is pleased to announce that the ordinary resolutions as set out in the Notice of the Fifth Annual General Meeting ("Fifth AGM") of ACO dated 21June 2024were duly passed by the shareholders of ACO at the Fifth AGM held today.
The voting in respect of the resolutions were carried out by way of a poll and the results of the poll were validated by Quantegic Services Sdn Bhd, the Independent Scrutineer appointed by ACO.
The results of the poll of the Fifth AGM of ACO are attached herewith.
This announcement is dated 25 July 2024.
Voting Results |
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1. Ordinary Resolution 1 |
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Description |
To re-elect Tan Yushan who is retiring by rotation in accordance with Clause 76(3) of the Constitution of the Company. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 46 | 6 |
No. of Shares | 213,496,500 | 100,400 |
% of Voted Shares | 99.9530 | 0.0470 |
Result | Accepted | |
2. Ordinary Resolution 2 |
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Description |
To re-elect Ng Kok Chiang who is retiring by rotation in accordance with Clause 76(3) of the Constitution of the Company. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 45 | 6 |
No. of Shares | 212,508,500 | 100,400 |
% of Voted Shares | 99.9528 | 0.0472 |
Result | Accepted | |
3. Ordinary Resolution 3 |
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Description |
To approve the payment of the Directors' fees of RM198,000.00 for the financial year ended 29 February 2024. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 35 | 12 |
No. of Shares | 212,056,100 | 148,100 |
% of Voted Shares | 99.9302 | 0.0698 |
Result | Accepted | |
4. Ordinary Resolution 4 |
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Description |
To approve the payment of the Directors' benefits of up to RM33,000.00 for the period from the Fifth AGM until the Sixth AGM of the Company. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 35 | 14 |
No. of Shares | 212,048,100 | 160,800 |
% of Voted Shares | 99.9242 | 0.0758 |
Result | Accepted | |
5. Ordinary Resolution 5 |
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Description |
To re-appoint Messrs RSM Malaysia PLT as Auditors of the Company and to authorise the Board of Directors to fix their remuneration. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 47 | 5 |
No. of Shares | 213,501,700 | 95,200 |
% of Voted Shares | 99.9554 | 0.0446 |
Result | Accepted | |
6. Ordinary Resolution 6 |
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Description |
To approve the authority to issue shares pursuant to Sections 75 and 76 of the Companies Act 2016. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 42 | 10 |
No. of Shares | 213,478,100 | 118,500 |
% of Voted Shares | 99.9445 | 0.0555 |
Result | Accepted | |