GENERAL MEETINGS: Outcome of Meeting

XOX NETWORKS BERHAD

Type of Meeting General
Indicator Outcome of Meeting
Date of Meeting 27 Nov 2023
Time 10:30 AM

Venue(s) 
Broadcast Venue at Lot 4.1, 4th Floor, Menara Lien Hoe,

No. 8, Persiaran Tropicana, Tropicana Golf & Country Resort,

47410 Petaling Jaya, Selangor and via

online meeting platform at https://rebrand.ly/XOXNetworksAGM

Malaysia

Outcome of Meeting

The Board of Directors of XOX Networks Berhad ("XOX Networks" or the "Company") wishes to announce that all the resolutions as set out in the Notice of Eighteenth Annual General Meeting ("18th AGM") dated 30 October 2023 were duly passed by the shareholders by way of poll at the 18th AGM of the Company held on 27 November 2023.

The results of the poll were validated by SharePolls Sdn. Bhd., the Independent Scrutineer appointed by the Company.

The details of the poll results are set out below.

This announcement is dated 27 November 2023.

Voting Results

1. Ordinary Resolution 1

Description 
To approve the payment of Directors' fees of up to RM550,000 for the financial year ending 30 June 2024.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 15 10
No. of Shares 304,802,032 271,501
% of Voted Shares 99.9110 0.0890
Result Accepted

2. Ordinary Resolution 2

Description 
To re-elect Mr. Andy Liew Hock Sim as Director of the Company, who retires by rotation in accordance with Clause 107 of the Company's Constitution and who being eligible, has offered himself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 23 2
No. of Shares 305,073,489 44
% of Voted Shares 100.0000 0.0000
Result Accepted

3. Ordinary Resolution 3

Description 
To re-elect Mr. Lionel Vernon Yong Nguon Kee as Director of the Company, who retires by rotation in accordance with Clause 107 of the Company's Constitution and who being eligible, has offered himself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 21 4
No. of Shares 305,073,307 226
% of Voted Shares 99.9999 0.0001
Result Accepted

4. Ordinary Resolution 4

Description 
To re-appoint Messrs UHY as External Auditors of the Company until the conclusion of the next annual general meeting and to authorise the Directors to fix their remuneration.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 24 1
No. of Shares 305,073,515 18
% of Voted Shares 100.0000 0.0000
Result Accepted

5. Ordinary Resolution 5

Description 
To approve the 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 17 8
No. of Shares 304,813,050 260,483
% of Voted Shares 99.9146 0.0854
Result Accepted

6. Ordinary Resolution 6

Description 
To approve the 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 21 4
No. of Shares 85,962,283 260,050
% of Voted Shares 99.6984 0.3016
Result Accepted





Announcement Info

Company Name XOX NETWORKS BERHAD
Stock Name XOXNET
Date Announced 27 Nov 2023
Category General Meeting
Reference Number GMA-24112023-00012
Corporate Action ID MY231124MEET0012