[SPTOTO] General Meeting on 06-Dec-2024

Stock
[SPTOTO]: SPORTS TOTO BERHAD
Announcement Date
28-Oct-2024
Reference No.
GMA-25102024-00016
Corporate Action ID
MY241025MEET0015
Type
General Meeting
Date & Time
06-Dec-2024 10:00
Depositor Date
29-Nov-2024
Venue
Broadcast Venue : Manhattan V, Level 14 Berjaya Times Square Hotel Kuala Lumpur No. 1 Jalan Imbi 55100 Kuala Lumpur
Description
Notice of Annual General Meeting ("AGM") of Sports Toto Berhad. The AGM will be conducted on a virtual basis and entirely via Remote Participation and Voting facilities.
SPTOTO- Notice of AGM and Admin Guide.pdf
Outcome

The Board of Directors of Sports Toto Berhad ("the Company") is pleased to announce that ALL the resolutions tabled at the Company's Annual General Meeting ("AGM") held on 6 December 2024 were duly passed by poll.

The results of the poll is set out below.

The Board of Directors is also pleased to announce that the poll result has been duly verified by the Independent Scrutineer, namely Commercial Quest Sdn Bhd.

Voting Results

1. Ordinary Resolution 1

Description 
To approve the payment of Directors' fees amounting to RM320,000.00 to the Non-
Executive Directors of the Company for the financial year ended 30 June 2024.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 1,521 130
No. of Shares 858,070,724 2,558,119
% of Voted Shares 99.7028 0.2972
Result Accepted

2. Ordinary Resolution 2

Description 
To approve the payment of Directors' Benefits (excluding Directors' fees) to the Non-
Executive Directors of the Company up to an amount of RM387,600.00 for the period from
7 December 2024 until the next Annual General Meeting of the Company to be held in
2025.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 1,485 157
No. of Shares 810,993,316 49,542,877
% of Voted Shares 94.2428 5.7572
Result Accepted

3. Ordinary Resolution 3

Description 
To re-elect Poh Ying Loo who retires pursuant to Clause 117 of the Company's
Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 1,555 97
No. of Shares 807,913,900 51,427,504
% of Voted Shares 94.0155 5.9845
Result Accepted

4. Ordinary Resolution 4

Description 
To re-elect Premshangar A/L Venugopal who retires pursuant to Clause 117 of the Company's Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 1,569 82
No. of Shares 857,952,210 2,823,228
% of Voted Shares 99.6720 0.3280
Result Accepted

5. Ordinary Resolution 5

Description 
To re-appoint Messrs Ernst & Young 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 1,593 62
No. of Shares 858,505,333 2,381,933
% of Voted Shares 99.7233 0.2767
Result Accepted

6. Ordinary Resolution 6

Description 
To approve the authority to issue and allot shares pursuant to Section 75 and 76 of the Companies Act 2016.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 1,531 127
No. of Shares 821,281,081 39,785,589
% of Voted Shares 95.3795 4.6205
Result Accepted

7. Ordinary Resolution 7

Description 
To approve the proposed renewal of and new shareholders' mandate for Recurrent Related Party Transactions of a Revenue of Trading Nature.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 1,482 91
No. of Shares 176,494,826 2,404,540
% of Voted Shares 98.6559 1.3441
Result Accepted

8. Ordinary Resolution 8

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 1,570 81
No. of Shares 821,199,784 39,556,530
% of Voted Shares 95.4044 4.5956
Result Accepted

Remark
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