| Venue |
Room Mutiara 3, Ground Floor,
Royale Chulan Damansara Hotel,
No. 2, Jalan PJU 7/3, Mutiara Damansara,
47810 Petaling Jaya,
Selangor Darul Ehsan |
| Outcome of Meeting |
The Board of Directors of Encorp Berhad (“Encorp” or “Company”) is pleased to announce that at the Nineteenth Annual General Meeting (“19th AGM”) of the Company held on 29 May 2019, the shareholders of the Company had approved all the resolutions (except resolution no. 4) as set out in the Notice of the 19th AGM dated 30 April 2019 ("Notice").
With regard to resolution no. 4 in the Notice, Datuk Muzzammil Bin Mohd Nor who retired in accordance with Article 81 of the Constitution of the Company, had notified to the Board of Directors of his intention not to seek for re-election as Director of the Company. In view of that, resolution no. 4 was regarded as irrelevant.
All the resolutions (except resolution no. 4) were voted by poll and the results of the poll were validated by Commercial Quest Sdn. Bhd., the Independent Scrutineer appointed by the Company.
The detailed results of the poll are set out in the table of "Voting Results" below.
This announcement is dated 29 May 2019. |
Voting Results
| Resolution |
Vote in favour |
Vote Against |
Results |
| No. of Shares |
% |
No. of Shares |
% |
Ordinary Resolution 1:
Approval of Directors’ Fees of up to RM700,000.00 for the financial year
ending 31 December 2019, to be payable on a quarterly basis in arrears.
|
251,832,569 |
100.000000 |
0 |
0.000000 |
Carried |
Ordinary Resolution 2:
Approval of Directors’ Fees of up to RM250,000.00 for the period from 1
January 2020 until the next AGM of the Company, to be payable on a quarterly
basis in arrears.
|
251,832,569 |
100.000000 |
0 |
0.000000 |
Carried |
Ordinary Resolution 3:
Approval of Directors’ Benefits of up to RM170,000.00 from 30 May 2019 until
the next AGM of the Company.
|
251,832,569 |
100.000000 |
0 |
0.000000 |
Carried |
Ordinary Resolutions 5:
Appointment of Messrs Ernst & Young as Auditors in place of the retiring Auditors, Messrs Deloitte PLT, and to authorise the Directors to determine their remuneration.
|
251,832,569 |
100.000000 |
0 |
0.000000 |
Carried |
Ordinary Resolution 6:
Authority for Directors to Allot Shares pursuant to Sections 75 and 76 of the
Companies Act, 2016.
|
251,832,569 |
100.000000 |
0 |
0.000000 |
Carried |
Ordinary Resolution 7:
Proposed renewal of authority for share buy-back.
|
251,832,569 |
100.000000 |
0 |
0.000000 |
Carried |
Ordinary Resolution 8:
Approval of Proposed Shareholders’ Mandate as specified in Section 2.3 of the Circular to Shareholders dated 30 April 2019.
|
14,765,043 |
100.000000 |
0 |
0.000000 |
Carried |
Special Resolution:
Proposed New Constitution of the Company. |
251,832,564 |
100.000000 |
0 |
0.000000 |
Carried |
|