GENERAL MEETINGS: Outcome of Meeting

TEO SENG CAPITAL BERHAD

Type of Meeting General
Indicator Outcome of Meeting
Date of Meeting 28 May 2025
Time 11:30 AM

Venue(s)
Teo Seng Capital Berhad Conference Room

First Floor, Lot PTD 25740

Batu 4, Jalan Air Hitam

83700 Yong Peng, Johor

Malaysia

Outcome of Meeting

The Board of Directors of Teo Seng Capital Berhad ("Teo Seng") is pleased to announce that all the resolutions set out in the Notice of Nineteenth Annual General Meeting ("19th AGM") dated 25 April 2025 were duly passed at the 19th AGM of Teo Seng held earlier today. All the resolutions were approved by way of poll at the 19th AGM. The results of the poll were validated by Mk Advisory Management, the independent scrutineer appointed by Teo Seng. The details of the poll results are set out in the attachment.


Voting Results


1. Ordinary Resolution 1

Description
To approve the payment of Directors' fees up to an amount of RM240,000 for the period from 29 May 2025 until the next Annual General Meeting of the Company to be held in 2026.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 85 0
No. of Shares 383,917,328 0
% of Voted Shares 100.0000 0.0000
Result Accepted

2. Ordinary Resolution 2

Description
To approve the payment of Directors' Benefits up to an amount of RM92,000 for the period from 29 May 2025 until the next Annual General Meeting of the Company to be held in 2026.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 85 0
No. of Shares 383,917,328 0
% of Voted Shares 100.0000 0.0000
Result Accepted

3. Ordinary Resolution 3

Description
To re-elect Lim Huey Hean who retires pursuant to Clause 76(3) of the Constitution of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 86 0
No. of Shares 383,917,628 0
% of Voted Shares 100.0000 0.0000
Result Accepted

4. Ordinary Resolution 4

Description
To re-elect Lim Ying Khoo who retires pursuant to Clause 76(3) of the Constitution of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 86 0
No. of Shares 383,917,628 0
% of Voted Shares 100.0000 0.0000
Result Accepted

5. Ordinary Resolution 5

Description
To re-appoint PricewaterhouseCoopers PLT as Auditors of the Company for the financial year ending 31 December 2025 and to authorise the Directors to fix their remuneration.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 86 0
No. of Shares 383,917,628 0
% of Voted Shares 100.0000 0.0000
Result Accepted

6. Ordinary Resolution 6

Description
Authority to issue and allot shares pursuant to Sections 75 and 76 of the Companies Act
2016.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 85 1
No. of Shares 383,597,628 320,000
% of Voted Shares 99.9166 0.0834
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 70 1
No. of Shares 26,882,184 40,000
% of Voted Shares 99.8514 0.1486
Result Accepted

8. Ordinary Resolution 8

Description
Proposed renewal of authorisation to enable the Company to purchase up to 10% of the total number of issued shares of the Company
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 86 0
No. of Shares 383,917,628 0
% of Voted Shares 100.0000 0.0000
Result Accepted






Announcement Info

Company Name TEO SENG CAPITAL BERHAD
Stock Name TEOSENG
Date Announced 28 May 2025
Category General Meeting
Reference Number GMA-28052025-00021
Corporate Action ID MY250528MEET0021


Please refer attachment below.

  1. Teo Seng - 19th AGM Poll Result.pdf