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GENERAL MEETINGS: Outcome of Meeting

BABA ECO GROUP BERHAD

Type of Meeting General
Indicator Outcome of Meeting
Date of Meeting 29 Jul 2020
Time 11:00 AM

Venue(s)
Meeting Room of BABA

1384 Atas Lot 841,

Mukim 1, Jalan Tasek

14120 Simpang Ampat, Pulau Pinang

Malaysia

Outcome of Meeting

The Board of Directors of Baba Eco Group Berhad (“Baba” or "the Company") is pleased to announce that all the resolutions as prescribed in the notice convening the Postponed Second Annual General Meeting ("Postponed 2nd AGM") dated 30 June 2020 were duly passed (by way of show of hands) at the Postponed 2nd AGM of the Company held on 29 July 2020.

This announcement is dated 29 July 2020.


Voting Results


1. Ordinary Resolution 1

Description
To approve the payment of benefits of not exceeding RM15,000.00 to the Directors from 30 July 2020 until the next AGM of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 3 0
No. of Shares 3,950,000 0
% of Voted Shares 100.0000 0.0000
Result Accepted

2. Ordinary Resolution 2

Description
To re-elect Mr Leong Jyh Wen, the Director retiring pursuant to Article 18.3 of the Company's Constitution and who, being eligible, offer himself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 5 0
No. of Shares 201,170,020 0
% of Voted Shares 100.0000 0.0000
Result Accepted

3. Ordinary Resolution 3

Description
To re-appoint Messrs. Grant Thornton Malaysia as Auditors of the Company for the ensuing year and to authorise the Directors to fix their remuneration.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 5 0
No. of Shares 201,170,020 0
% of Voted Shares 100.0000 0.0000
Result Accepted

4. Ordinary Resolution 4

Description
Authority under Sections 75 and 76 of the Companies Act, 2016 for The Directors to Issue Shares
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 5 0
No. of Shares 201,170,020 0
% of Voted Shares 100.0000 0.0000
Result Accepted

5. Ordinary Resolution 5

Description
Proposed Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature ("Proposed Shareholders Mandate")
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 3 0
No. of Shares 3,950,000 0
% of Voted Shares 100.0000 0.0000
Result Accepted






Announcement Info

Company Name BABA ECO GROUP BERHAD
Stock Name BABA
Date Announced 29 Jul 2020
Category General Meeting
Reference Number GMA-28072020-00023
Corporate Action ID MY200728MEET0023




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