General Meetings: Outcome Of Meeting

BackDec 08, 2023
Type of Meeting General
Indicator Outcome of Meeting
Date of Meeting 08 Dec 2023
Time 11:30 AM
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 Notice of the Twenty-First (21st) Annual General Meeting ("21st AGM") of the Company dated 31 October 2023 were duly passed by way of poll at the 21st AGM of the Company held at Hotel Sfera, 2479, Jalan Dato' Yu Neh Huat, Taman Samudera, 32040 Sri Manjung, Perak Darul Ridzuan on Friday, 8 December 2023.

Please note that Ordinary Resolutions 5 and 7 have been withdrawn as per the announcements that were released to Bursa Securities on 29 November 2023 and 5 December 2023 respectively.

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 8 December 2023.

Voting Results

1. Ordinary Resolution 1
Description To approve the payment of Directors' Fees of RM235,640 in respect of the financial period ended 30 June 2023
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 157 0
No. of Shares 264,767,364 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 RM130,000 from 21st Annual General Meeting until the next Annual General Meeting of the Company
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 157 0
No. of Shares 264,767,364 0
% of Voted Shares 100.0000 0.0000
Result Accepted

3. Ordinary Resolution 3
Description To re-elect Dato' Yu Kuan Huat, DPMP, PMP, AMP, PPT who retiring pursuant to Article 102(a) of the Company's Constitution
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 156 1
No. of Shares 264,750,664 16,700
% of Voted Shares 99.9937 0.0063
Result Accepted

4. Ordinary Resolution 4
Description To re-elect Khong Kam Hou retiring pursuant to Article 100 of the Company's Constitution
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 157 0
No. of Shares 264,767,364 0
% of Voted Shares 100.0000 0.0000
Result Accepted

5. Ordinary Resolution 5
Description To re-elect Oon Seow Ling retiring pursuant to Article 100 of the Company's Constitution
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 0 0
No. of Shares 0 0
% of Voted Shares 0.0000 0.0000
Result Withdrawn/ Postponed

6. Ordinary Resolution 6
Description To re-elect Ching Lee Fong retiring pursuant to Article 100 of the Company's Constitution
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 157 0
No. of Shares 264,767,364 0
% of Voted Shares 100.0000 0.0000
Result Accepted

7. Ordinary Resolution 7
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 0 0
No. of Shares 0 0
% of Voted Shares 0.0000 0.0000
Result Withdrawn/ Postponed

8. Ordinary Resolution 8
Description Proposed Renewal of Share Buy-Back Authority
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 157 0
No. of Shares 264,767,364 0
% of Voted Shares 100.0000 0.0000
Result Accepted

9. Ordinary Resolution 9
Description Proposed Renewal of Existing Shareholders' Mandate and New Shareholders' Mandate for Recurrent Related Party Transactions of A Revenue or Trading Nature
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 144 2
No. of Shares 252,464,195 16,833
% of Voted Shares 99.9933 0.0067
Result Accepted

10. Ordinary Resolution 10
Description Proposed Authority to Allot and Issue Shares pursuant to Sections 75 and 76 of the Companies Act, 2016
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 157 0
No. of Shares 264,767,364 0
% of Voted Shares 100.0000 0.0000
Result Accepted

 


Announcement Info

Company Name YNH PROPERTY BERHAD
Stock Name YNHPROP
Date Announced 08 Dec 2023
Category General Meeting
Reference Number GMA-06122023-00011
Corporate Action ID MY231206MEET0010