GENERAL MEETINGS: Outcome of Meeting

ENCORP BERHAD

Type of Meeting General
Indicator Outcome of Meeting
Date of Meeting 22 Jun 2023
Time 03:00 PM

Venue(s) 
Broadcast Venue at 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-Third Annual General Meeting ("23rd AGM") of the Company held on 22 June 2023, the shareholders of the Company had approved all the resolutions except for the resolution 6 as set out in the Notice of the 23rd AGM dated 18 April 2023. 

All the resolutions 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 22 June 2023.

Voting Results

1. Ordinary Resolution 1

Description 
To approve the Directors fees of up to RM700,000 from the conclusion of 23rd 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 157 32
No. of Shares 237,997,506 2,186
% of Voted Shares 99.9991 0.0009
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 23rd AGM until the next AGM of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 155 34
No. of Shares 237,997,326 2,366
% of Voted Shares 99.9990 0.0010
Result Accepted

3. Ordinary Resolution 3

Description 
To re-elect Datuk Haji Jaafar Bin Abu Bakar who retires by rotation in accordance with Clause 99 of the Constitution of the Company and who being eligible offers himself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 165 24
No. of Shares 237,999,216 476
% of Voted Shares 99.9998 0.0002
Result Accepted

4. Ordinary Resolution 4

Description 
To re-elect Dato Dr Suzana Idayu Wati Binti Osman who retires in accordance with Clause 106 of the Constitution of the Company and who being eligible offers herself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 165 24
No. of Shares 237,999,216 476
% of Voted Shares 99.9998 0.0002
Result Accepted

5. Ordinary Resolution 5

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 166 23
No. of Shares 237,999,316 376
% of Voted Shares 99.9998 0.0002
Result Accepted

6. Ordinary Resolution 6

Description 
To approve the proposed renewal of authority for share buy-back
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 162 27
No. of Shares 40,921,290 197,078,402
% of Voted Shares 17.1938 82.8062
Result Rejected

7. Ordinary Resolution 7

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 18 April 2023.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 161 26
No. of Shares 921,290 10,876
% of Voted Shares 98.8333 1.1667
Result Accepted





Announcement Info

Company Name ENCORP BERHAD
Stock Name ENCORP
Date Announced 22 Jun 2023
Category General Meeting
Reference Number GMA-01062023-00002
Corporate Action ID MY230601MEET0002


Please refer attachment below.

  1. Encorp Berhad 23rd AGM Poll Results .pdf