General Meetings: Outcome Of Meeting

BackDec 19, 2024

 

Type of Meeting General
Indicator Outcome of Meeting
Date of Meeting 19 Dec 2024
Time 12:00 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. ("the Company") is pleased to announce that save for the Ordinary Resolution 4, all the resolution as set out in the Notice of the 22nd Annual General Meeting ("22nd AGM") dated 7 November 2024 and the Addendum to the Notice of the 22nd AGM dated 12 December 2024 were duly passed by the shareholders of the Company at the 22nd AGM held today, 19 December 2024.

 

All the resolution was voted by way of poll and the result of the poll were validated by Symphony Corporate Services Sdn. Bhd., an independent scrutineer appointed by the Company.

 

This announcement is dated 19 December 2024.

Voting Results

1. Ordinary Resolution 1
Description To approve the payment of Directors' Fees of RM124,800 for the financial year ended 30 June 2024.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 138 4
No. of Shares 352,775,190 269,950
% of Voted Shares 99.9235 0.0764
Result Accepted

2. Ordinary Resolution 2
Description To approve the payment of Directors' Benefits payable to the Non-Executive Directors up to an amount of RM150,000 from 22nd AGM until the conclusion of next AGM of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 137 5
No. of Shares 352,775,158 269,982
% of Voted Shares 99.9235 0.0765
Result Accepted

3. Ordinary Resolution 3
Description To re-elect Dato' Dr. Yu Kuan Chon, DIMP, PPT, MBBS who is retiring pursuant to Article 102(a) of the Company's Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 125 15
No. of Shares 322,196,240 29,408,900
% of Voted Shares 91.6358 8.3642
Result Accepted

4. Ordinary Resolution 4
Description To re-elect Ms. Lee Zhi Yan who is retiring pursuant to Article 100 of the Company's Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 88 54
No. of Shares 145,634,524 208,753,116
% of Voted Shares 41.0947 58.9053
Result Rejected

5. Ordinary Resolution 5
Description To re-appoint Messrs Morison LC PLT as the Auditors of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 141 1
No. of Shares 353,041,640 3,500
% of Voted Shares 99.9990 0.0010
Result Accepted

6. Ordinary Resolution 6
Description Proposed Authority to Directors to Allot and Issue New Ordinary Shares pursuant to Sections 75 and 76 of the Companies Act, 2016.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 137 5
No. of Shares 351,728,190 1,316,950
% of Voted Shares 99.6270 0.3730
Result Accepted

7. Ordinary Resolution 7
Description Proposed Renewal of Existing Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 138 4
No. of Shares 352,808,490 236,650
% of Voted Shares 99.9330 0.0670
Result Accepted

8. Ordinary Resolution 8
Description Proposed Renewal of Share Buy-Back Authority for the Purchase of its own Ordinary Shares.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 138 5
No. of Shares 352,725,190 319,950
% of Voted Shares 99.9094 0.0906
Result Accepted

9. Ordinary Resolution 9
Description To re-elect Mr. Yu Kai Leun who is retiring pursuant to Article 100 of the Company's Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 106 40
No. of Shares 228,548,245 124,151,186
% of Voted Shares 64.7997 35.2003
Result Accepted

 

Announcement Info

Company Name YNH PROPERTY BERHAD
Stock Name YNHPROP
Date Announced 19 Dec 2024
Category General Meeting
Reference Number GMA-19122024-00001
Corporate Action ID MY241219MEET0001