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GENERAL MEETINGS: Outcome of Meeting

UOA DEVELOPMENT BHD

Type of Meeting General
Indicator Outcome of Meeting
Date of Meeting 22 May 2023
Time 10:00 AM

Venue(s)
Summit 1, Connexion Conference & Event Centre (CCEC),

Level M1, The Vertical Podium, Avenue 3,

Bangsar South City, No. 8, Jalan Kerinchi,

59200 Kuala Lumpur.

Malaysia

Outcome of Meeting

The Board of Directors of UOA Development Bhd ("UOADEV" or "the Company") wishes to announce that all the resolutions as set out in the Notice of the 19th Annual General Meeting ("AGM") of the Company dated 21 April 2023 were duly passed by the shareholders of the Company at the 19th AGM.

 

The Audited Financial Statements for the financial year ended 31 December 2022 together with the Reports of the Directors and Auditors theron were received and duly tabled at the 19th AGM under Agenda 1.

 

All the resolutions were voted by poll and the results of the poll were validated by Messrs. Quantegic Services Sdn Bhd., the independent scrutineer appointed by the Company. Details of the poll results are as follows.

 

This announcement is dated 22 May 2023.


Voting Results


1. Resolution 1

Description
To approve a First and Final Single Tier Dividend of 10 sen per share for the financial year ended 31 December 2022.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 160 4
No. of Shares 2,214,426,665 500
% of Voted Shares 99.9999 0.0000
Result Accepted

2. Resolution 2

Description
To approve the payment of Directors' fees and meeting allowances payable up to an amount of RM211,000.00 for the financial year ending 31 December 2023.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 157 6
No. of Shares 2,214,392,065 6,500
% of Voted Shares 99.9997 0.0003
Result Accepted

3. Resolution 3

Description
To re-elect Mr. Kong Pak Lim who shall retire pursuant to Article 100 of the Constitution of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 145 8
No. of Shares 2,186,426,260 5,530,105
% of Voted Shares 99.7477 0.2523
Result Accepted

4. Resolution 4

Description
To re-elect Mr. Eugene Lee Chin Jin who shall retire pursuant to Article 107 of the Constitution of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 160 4
No. of Shares 2,214,426,665 500
% of Voted Shares 99.9999 0.0000
Result Accepted

5. Resolution 5

Description
To re-elect Tuan Haji Ramley Bin Alan who shall retire pursuant to Article 107 of the Constitution of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 160 4
No. of Shares 2,214,426,665 500
% of Voted Shares 99.9999 0.0000
Result Accepted

6. Resolution 6

Description
To re-appoint Grant Thornton Malaysia PLT 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 160 4
No. of Shares 2,214,426,665 500
% of Voted Shares 99.9999 0.0000
Result Accepted

7. Resolution 7

Description
Authority to Issue Shares pursuant to Section 75 and 76 of the Companies Act 2016.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 146 18
No. of Shares 1,795,516,813 418,910,352
% of Voted Shares 81.0827 18.9173
Result Accepted

8. Resolution 8

Description
Proposed renewal of authority from shareholders to allot and issue new ordinary shares in UOA Development Bhd ("UOA" or "the Company") ("Shares") for the purpose of the Company's Dividend Reinvestment Scheme ("DRS") that provides the shareholders of UOA ("Shareholders") the option to elect to reinvest their cash dividend in new Shares.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 160 4
No. of Shares 2,214,426,665 500
% of Voted Shares 99.9999 0.0000
Result Accepted

9. Resolution 9

Description
Proposed Renewal of Shareholders' Mandate for Existing Recurrent Related Party Transactions of a Revenue or Trading nature and for Provision of Financial Assistance with UOA Holdings Group.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 129 27
No. of Shares 447,658,888 25,051,837
% of Voted Shares 94.7004 5.2996
Result Accepted

10. Resolution 10

Description
Proposed Renewal of Shareholders' Mandate for Existing Recurrent Related Party Transactions of a Revenue or Trading Nature and for Provision of Financial Assistance with Transmetro Group.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 131 27
No. of Shares 447,971,028 25,051,837
% of Voted Shares 94.7039 5.2961
Result Accepted

11. Resolution 11

Description
Proposed New Shareholders' Mandate for New Recurrent Related Party Transactions of a Revenue or Trading Nature.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 153 4
No. of Shares 472,897,045 500
% of Voted Shares 99.9999 0.0001
Result Accepted

12. Resolution 12

Description
Proposed Renewal of Share Buy-Back Authority.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 161 3
No. of Shares 2,214,426,765 400
% of Voted Shares 99.9999 0.0000
Result Accepted



Please refer attachment below.




Announcement Info

Company Name UOA DEVELOPMENT BHD
Stock Name UOADEV
Date Announced 22 May 2023
Category General Meeting
Reference Number GMA-28042023-00018
Corporate Action ID MY230428MEET0016



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