GENERAL MEETINGS: Outcome of Meeting

ENCORP BERHAD

Type of Meeting General
Indicator Outcome of Meeting
Date of Meeting 29 Jun 2022
Time 03:00 PM

Venue(s) 
Broadcast Venue

Executive Lounge, Third Floor, Encorp Berhad,

No 46-3, Jalan PJU 5/22, Pusat Perdagangan Kota Damansara,

Kota Damansara PJU 5, 47810 Petaling Jaya, Selangor Darul Ehsan,

Malaysia

Outcome of Meeting

The Board of Directors of Encorp Berhad ("Encorp or "Company") is pleased to announce that at the Twenty-Second Annual General Meeting ("22nd AGM") of the Company held on 29 June 2022, the shareholders of the Company had approved all the resolutions except for resolution no. 5 and resolution no. 8 as set out in the Notice of the 22nd AGM dated 29 April 2022. 

With regard to resolution no. 5 in the said Notice, Datuk Shireen Ann Zaharah Binti Muhiudeen who retired in accordance with Clause 106 of the Constitution of the Company, had notified to the Board of Directors of her intention not to seek for re-election as Director of the Company. In view of that, resolution no. 5 was regarded as irrelevant. 

All the resolutions (except resolution no. 5) 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 June 2022.

Voting Results

1. Ordinary Resolution 1

Description 
To approve the Directors fees of up to RM700,000 from the conclusion of 22nd AGM until the next AGM of the Company, to be payable on a quarterly basis in arrears.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 106 19
No. of Shares 244,912,857 1,639
% of Voted Shares 99.9993 0.0007
Result Accepted

2. Ordinary Resolution 2

Description 
To approve the payment of Directors benefits of up to RM170,000 being meeting attendance allowances and up to RM85,000 for each Director being the medical benefits, from the conclusion of 22nd AGM until the next AGM of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 104 21
No. of Shares 244,912,657 1,839
% of Voted Shares 99.9992 0.0008
Result Accepted

3. Ordinary Resolution 3

Description 
To re-elect Mahadzir Bin Mustafa who retires in accordance with Clause 99 of the Constitution of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 111 14
No. of Shares 244,914,065 431
% of Voted Shares 99.9998 0.0002
Result Accepted

4. Ordinary Resolution 4

Description 
To re-elect Tuan Haji Sr. Mohd Ali Bin Abd Karim who retires in accordance with Clause 106 of the Constitution of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 111 14
No. of Shares 244,914,065 431
% of Voted Shares 99.9998 0.0002
Result Accepted

5. Ordinary Resolution 5

Description 
To re-elect YBhg Datuk Shireen Ann Zaharah Binti Muhiudeen who retires in accordance with Clause 106 of the Constitution of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 111 14
No. of Shares 244,914,065 431
% of Voted Shares 99.9998 0.0002
Result Withdrawn/ Postponed

6. Ordinary Resolution 6

Description 
To re-elect Tuan Haji Lukman Bin Abu Bakar who retires in accordance with Clause 106 of the Constitution of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 112 13
No. of Shares 244,914,067 429
% of Voted Shares 99.9998 0.0002
Result Accepted

7. Ordinary Resolution 7

Description 
To re-appoint Messrs Ernst & Young PLT as Auditors of the Company until the conclusion of the next AGM and to authorise the Directors to fix the Auditors remuneration.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 112 13
No. of Shares 244,914,067 429
% of Voted Shares 99.9998 0.0002
Result Accepted

8. Ordinary Resolution 8

Description 
To approve the proposed authority to allot shares pursuant to Sections 75 and 76 of the Companies Act 2016.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 111 14
No. of Shares 47,846,541 197,067,955
% of Voted Shares 19.5360 80.4640
Result Rejected

9. Ordinary Resolution 9

Description 
To approve the proposed renewal of authority for share buy-back.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 114 11
No. of Shares 244,914,167 329
% of Voted Shares 99.9999 0.0001
Result Accepted

10. Ordinary Resolution 10

Description 
To approve the proposed shareholders' mandate for recurrent related party transactions of a revenue or trading nature as specified in Section 2.3 of the Circular to Shareholders dated 29 April 2022.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 110 13
No. of Shares 7,846,541 429
% of Voted Shares 99.9945 0.0055
Result Accepted





Announcement Info

Company Name ENCORP BERHAD
Stock Name ENCORP
Date Announced 29 Jun 2022
Category General Meeting
Reference Number GMA-21062022-00002
Corporate Action ID MY220621MEET0001


Please refer attachment below.

  1. Encorp Berhad 22nd AGM Poll Results.pdf