GENERAL MEETINGS: Outcome of Meeting
| YBS INTERNATIONAL BERHAD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 29 Aug 2025 |
| Time | 11:00 AM |
| Venue(s) |
Sri Cengal 1, Level 1, Sunway Hotel 11, Lebuh Tenggiri 2, Pusat Bandar Seberang Jaya 13700 Prai, Pulau Pinang Malaysia |
| Outcome of Meeting | The Board of Directors of YBS International Berhad (the “Company” or “YBS”) wishes to announce at the Twenty-Third ("23rd") Annual General Meeting (“AGM”) of the Company held today, the eight (8) ordinary resolutions as set out in the Notice of the 23rd AGM dated 31 July 2025 were duly passed by way of poll.
The results of the poll were duly verified by Sharepolls Sdn. Bhd., the independent Scrutineer appointed by the Company.
The details of the poll results of the AGM are set out below.
This announcement is dated 29 August 2025. |
Voting Results |
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1. Ordinary Resolution 1 |
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| Description |
To approve the payment of Directors' fees of up to RM300,000 to the Independent Non-Executive Directors for the period commencing one day after the 23rd AGM until the conclusion of the next AGM of the Company in 2026 and further, to authorise the Directors to apportion the fees and make payment in the manner as the Directors may determine. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 78 | 10 |
| No. of Shares | 81,456,579 | 38,687,978 |
| % of Voted Shares | 67.7988 | 32.2011 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
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| Description |
To approve the payment of Directors' benefits payable of up to RM100,000 for the period commencing one day after the 23rd AGM until the conclusion of the next AGM of the Company in 2026 and further, to authorise the Directors to apportion the fees and make payment in the manner as the Directors may determine. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 78 | 10 |
| No. of Shares | 81,456,579 | 38,687,978 |
| % of Voted Shares | 67.7988 | 32.2011 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
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| Description |
To re-elect Gor Siew Yeng who retires in accordance with Paragraph 102(1) of the Company's Constitution and who, being eligible, has offered herself for re-election. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 77 | 11 |
| No. of Shares | 81,459,379 | 38,685,178 |
| % of Voted Shares | 67.8011 | 32.1988 |
| Result | Accepted | |
4. Ordinary Resolution 4 |
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| Description |
To re-elect Dato' Dr. Mohd Sofi Bin Osman who retires in accordance with Paragraph 102(1) of the Company's Constitution and who, being eligible, has offered himself for re-election. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 83 | 5 |
| No. of Shares | 81,631,579 | 38,512,978 |
| % of Voted Shares | 67.9444 | 32.0555 |
| Result | Accepted | |
5. Ordinary Resolution 5 |
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| Description |
To re-appoint Grant Thornton Malaysia PLT 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 | 82 | 6 |
| No. of Shares | 81,628,579 | 38,515,978 |
| % of Voted Shares | 67.9419 | 32.0580 |
| Result | Accepted | |
6. Ordinary Resolution 6 |
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| Description |
Retention of Gor Siew Yeng as Independent Non-Executive Director. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 1 | 2 |
| No. of Shares | 36,247,579 | 36,247,578 |
| % of Voted Shares | 50.0000 | 49.9999 |
| Result | Accepted | |
7. Ordinary Resolution 7 |
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| 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 | 83 | 5 |
| No. of Shares | 81,631,579 | 38,512,978 |
| % of Voted Shares | 67.9444 | 32.0555 |
| Result | Accepted | |
8. Ordinary Resolution 8 |
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| Description |
Proposed Renewal of Authority for the Company to Purchase its Own Ordinary Shares. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 83 | 5 |
| No. of Shares | 81,631,579 | 38,512,978 |
| % of Voted Shares | 67.9444 | 32.0555 |
| Result | Accepted | |
9. Ordinary Resolution 6 - Tier 2 |
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| Description |
Retention of Gor Siew Yeng as Independent Non-Executive Director. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 77 | 8 |
| No. of Shares | 45,281,800 | 2,367,600 |
| % of Voted Shares | 95.0312 | 4.9687 |
| Result | Accepted | |
Announcement Info
| Company Name | YBS INTERNATIONAL BERHAD |
| Stock Name | YBS |
| Date Announced | 29 Aug 2025 |
| Category | General Meeting |
| Reference Number | GMA-26082025-00012 |
| Corporate Action ID | MY250826MEET0012 |