• RM576 Save up to RM288 with the Yearly Premium Plan (Limited Time Only)
  • RM480 Save up to RM240 with the Yearly Advanced Plan (Limited Time Only)
Subscribe Now
premium Subscription Plan
add free StockBiz
YouTube MS Production

Last Price Change Volume
KLSE Market Watch
Open: Day Range: Prev Close:


GENERAL MEETINGS: Outcome of Meeting

UCREST BERHAD

Type of Meeting General
Indicator Outcome of Meeting
Date of Meeting 15 Nov 2023
Time 11:00 AM

Venue(s)
Broadcast Venue at UCrest's Headoffice

Lot 6.04, Level 6, KPMG Tower,

8, First Avenue, Bandar Utama,

47800 Petaling Jaya, Selangor Darul Ehsan

Malaysia

Outcome of Meeting

The Board of Directors of UCrest Berhad ("the Company") wishes to announce that all the resolutions as set out in the notice convening the Twenty-Sixth Annual General Meeting ("26th AGM") dated 29 September 2023 were duly passed at the 26th AGM of the Company held earlier today.


The voting in respect of all the resolutions was carried out by way of poll, results of which was validated by Vaersa Advisory Sdn. Bhd., being the independent scrutineer appointed by the Company.


Details of the results of the polling in respect of all the resolutions at the 26th AGM are set out below.


Voting Results


1. Resolution 1 (Ordinary)

Description
To approve the payment of Directors' Fees of RM228,000 for the period from 16 November 2023 until the date of the next Annual General Meeting of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 29 3
No. of Shares 140,786,953 31,200
% of Voted Shares 99.9778 0.0222
Result Accepted

2. Resolution 2 (Ordinary)

Description
To re-elect Eg Kaa Chee who retires pursuant to Clause 76(3) of the Company's Constitution
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 32 1
No. of Shares 230,079,580 10,000
% of Voted Shares 99.9957 0.0043
Result Accepted

3. Resolution 3 (Ordinary)

Description
To re-elect Prof. Low Teck Seng who retires pursuant to Clause 76(3) of the Company's Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 33 1
No. of Shares 232,079,582 10,000
% of Voted Shares 99.9957 0.0043
Result Accepted

4. Resolution 4 (Ordinary)

Description
To re-appoint Messrs UHY as Auditors of the Company and to authorise the Directors to fix their remuneration.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 32 1
No. of Shares 232,049,582 10,000
% of Voted Shares 99.9957 0.0043
Result Accepted

5. Resolution 5 (Special)

Description
Waiver of pre-emptive rights under Section 85 of the Companies Act 2016
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 32 2
No. of Shares 232,058,482 31,100
% of Voted Shares 99.9866 0.0134
Result Accepted

6. Resolution 6 (Special)

Description
Waiver of pre-emptive rights under Section 85 of the Companies Act 2016 for granting of options and issuance of new shares under the Employee's Share Option Scheme ("ESOS")
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 30 4
No. of Shares 232,057,882 31,700
% of Voted Shares 99.9863 0.0137
Result Accepted

7. Resolution 7 (Ordinary)

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 31 3
No. of Shares 232,057,982 31,600
% of Voted Shares 99.9864 0.0136
Result Accepted

8. Resolution 8 - Tier 1 (Ordinary)

Description
Continuation in Office as Independent Non-Executive Director - Chuan Tsui Ju
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 1 0
No. of Shares 89,271,427 0
% of Voted Shares 100.0000 0.0000
Result Accepted

9. Resolution 8 - Tier 2 (Ordinary)

Description
Continuation in Office as Independent Non-Executive Director - Chuan Tsui Ju
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 30 3
No. of Shares 142,807,555 10,600
% of Voted Shares 99.9926 0.0074
Result Accepted

10. Resolution 9 (Ordinary)

Description
Proposed Renewal of the 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 27 2
No. of Shares 97,599,778 31,100
% of Voted Shares 99.9681 0.0319
Result Accepted

11. Resolution 10 (Ordinary)

Description
Proposed granting of ESOS options to N Chanthiran A/L Nagappan
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 29 5
No. of Shares 232,057,782 31,800
% of Voted Shares 99.9863 0.0137
Result Accepted






Announcement Info

Company Name UCREST BERHAD
Stock Name UCREST
Date Announced 15 Nov 2023
Category General Meeting
Reference Number GMA-14112023-00003
Corporate Action ID MY231114MEET0003



Close
New Feature
MS Academy
AI StockMaster. Beat The Market! Checking MS Signal
DETECT REAL-TIME STOCK MOVEMENT
X
(InvestorPro Plan Only)
Complimentary access on Premium Plan*
What is AI StockMaster?
Window Alert On-Screen Alert X
X