General Meetings: Outcome Of Meeting

BackNov 26, 2021
Type of Meeting General
Indicator Outcome of Meeting
Date of Meeting 26 Nov 2021
Time 12:30 PM
Venue(s) Hotel Sfera,
2479, Jalan Dato' Yu Neh Huat,
Taman Samudera,
32040 Sri Manjung, Perak Darul Ridzuan.
Malaysia
Outcome of Meeting

The Board of Directors of YNH Property Bhd ("YNH" or "the Company") is pleased to announce that the Ordinary Resolutions as prescribed in the Notification of Postponement of the Nineteenth (19th) Annual General Meeting ("19th AGM") of the Company dated 11 November 2021 were duly passed by way of poll at the 19th AGM of the Company held at Hotel Sfera, 2479, Jalan Dato' Yu Neh Huat, Taman Samudera, 32040 Sri Manjung, Perak Darul Ridzuan on Friday, 26 November 2021.

The results of the poll were validated by Boardroom Corporate Services Sdn. Bhd., the independent scrutineer appointed by the Company.

Details of the electronic polling results are set out below.

This announcement is dated 26 November 2021.

Voting Results

1. Ordinary Resolution 1
Description To approve the payment of Directors' Fees of RM152,830 in respect of the financial year ended 31 December 2020.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 118 0
No. of Shares 128,049,228 0
% of Voted Shares 100.0000 0.0000
Result Accepted

2. Ordinary Resolution 2
Description To approve the payment of Directors' Benefits (excluding Directors' fees) to the Non-Executive Directors up to an amount of RM170,000 from the date of the 19th AGM until the next AGM of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 116 2
No. of Shares 128,010,725 38,503
% of Voted Shares 99.9699 0.0301
Result Accepted

3. Ordinary Resolution 3
Description To re-elect Dato' Yu Kuat Huat, DPMP, PMP, AMP, PPT who retires in accordance with the Company's Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 119 2
No. of Shares 128,568,512 38,503
% of Voted Shares 99.9701 0.0299
Result Accepted

4. Ordinary Resolution 4
Description To re-elect Mr. Ching Nye Mi @ Chieng Ngie Chay who retires in accordance with the Company's Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 119 4
No. of Shares 128,463,857 1,983,996
% of Voted Shares 98.4791 1.5209
Result Accepted

5. Ordinary Resolution 5
Description To re-appoint Messrs Baker Tilly Monteiro Heng PLT as the Auditors of the Company and to authorise the Board of Directors to fix their remuneration.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 125 0
No. of Shares 130,482,085 0
% of Voted Shares 100.0000 0.0000
Result Accepted

6. Ordinary Resolution 6
Description Retention of Independent Non-Executive Director - Dato' Robert Lim @ Lim Git Hooi, DPMP, JP.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 120 2
No. of Shares 130,119,957 38,503
% of Voted Shares 99.9704 0.0296
Result Accepted

7. Ordinary Resolution 7
Description Retention of Independent Non-Executive Director - Mr. Ching Nye Mi @ Chieng Ngie Chay.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 121 2
No. of Shares 130,409,350 38,503
% of Voted Shares 99.9705 0.0295
Result Accepted

8. Ordinary Resolution 8
Description Retention of Independent Non-Executive Director - Mr. Ding Ming Hea.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 121 2
No. of Shares 128,368,582 38,503
% of Voted Shares 99.9700 0.0300
Result Accepted

9. Ordinary Resolution 9
Description Proposed Renewal of Share Buy Back Authority.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 125 0
No. of Shares 130,482,085 0
% of Voted Shares 100.0000 0.0000
Result Accepted

10. Ordinary Resolution 10
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 106 2
No. of Shares 113,353,814 38,503
% of Voted Shares 99.9660 0.0340
Result Accepted

 

Announcement Info

Company Name YNH PROPERTY BERHAD
Stock Name YNHPROP
Date Announced 26 Nov 2021
Category General Meeting
Reference Number GMA-26112021-00009
Corporate Action ID MY211126MEET0009