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GENERAL MEETINGS: Outcome of Meeting
| 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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