GENERAL MEETINGS: Outcome of Meeting

BINASTRA CORPORATION BERHAD

Type of Meeting General
Indicator Outcome of Meeting
Date of Meeting 03 Jul 2025
Time 11:00 AM

Venue(s)
Diamond Hall, Level 53, Mercure Kuala Lumpur Trion

Jalan Dua Off Jalan Chan Sow Lin

Sungai Besi

55200 Kuala Lumpur

Malaysia

Outcome of Meeting

The Board of Directors of Binastra Corporation Berhad ("Binastra") wishes to announce that the shareholders of Binastra have at the 22nd Annual General Meeting ("22nd AGM") held this morning, approved all the resolutions as set out in the Notice of 22nd AGM dated 28 May 2025 ("Resolutions").

The voting in respect of the Resolutions was carried out by way of a poll, results of which were validated by Scrutineer Solutions Sdn. Bhd., an independent scrutineer appointed by Binastra. 


Voting Results


1. Ordinary Resolution 1

Description
To approve the payment of Directors' fees to the Non-Executive Directors of up to an amount of RM250,000 for their services from 4 July 2025 until the next annual general meeting of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 135 16
No. of Shares 853,245,143 73,174
% of Voted Shares 99.9914 0.0086
Result Accepted

2. Ordinary Resolution 2

Description
To approve the payment of Directors' benefits (excluding Directors' fees) to the Non-Executive Directors up to an amount of RM60,000 from 4 July 2025 until the next annual general meeting of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 134 17
No. of Shares 853,244,543 73,774
% of Voted Shares 99.9914 0.0086
Result Accepted

3. Ordinary Resolution 3

Description
To re-elect Lee Seng Yong who retires pursuant to Article 119 of the Company's Constitution as Director of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 137 14
No. of Shares 853,246,343 71,974
% of Voted Shares 99.9916 0.0084
Result Accepted

4. Ordinary Resolution 4

Description
To re-elect Low Tuan Lee who retires pursuant to Article 119 of the Company's Constitution as Director of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 132 14
No. of Shares 846,445,163 71,974
% of Voted Shares 99.9915 0.0085
Result Accepted

5. Ordinary Resolution 5

Description
To appoint Baker Tilly Monteiro Heng PLT as Auditors of the Company and authorise the Directors to determine their remuneration.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 133 13
No. of Shares 846,447,963 69,174
% of Voted Shares 99.9918 0.0082
Result Accepted

6. Ordinary Resolution 6

Description
To approve authority to allot shares.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 137 14
No. of Shares 853,247,143 71,174
% of Voted Shares 99.9917 0.0083
Result Accepted

7. Ordinary Resolution 7

Description
To approve the proposed shareholders' mandate for recurrent related party transactions of a revenue or trading nature involving the interest of Datuk Tan Kak Seng (Managing Director), major shareholders or person connected with such Director and/or major shareholders.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 124 13
No. of Shares 282,869,275 70,574
% of Voted Shares 99.9751 0.0249
Result Accepted

8. Ordinary Resolution 8

Description
To approve the proposed shareholders' mandate for recurrent related party transactions of a revenue or trading nature involving the interest of Lee Seng Yong (Executive Director), major shareholder or person connected with such Director and/or major shareholder.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 133 13
No. of Shares 712,248,913 70,574
% of Voted Shares 99.9901 0.0099
Result Accepted

9. Ordinary Resolution 9

Description
To approve the proposed share buy-back authority.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 137 14
No. of Shares 853,247,143 71,174
% of Voted Shares 99.9917 0.0083
Result Accepted






Announcement Info

Company Name BINASTRA CORPORATION BERHAD
Stock Name BNASTRA
Date Announced 03 Jul 2025
Category General Meeting
Reference Number GMA-30062025-00001
Corporate Action ID MY250630MEET0001