GENERAL MEETINGS: Outcome of Meeting
| HANDAL ENERGY BERHAD |
| Type of Meeting | Extraordinary |
| Indicator | Outcome of Meeting |
| Date of Meeting | 04 Mar 2026 |
| Time | 11:00 AM |
| Venue(s) |
Teedo Hotel's Meeting Hall, Level 4, Pudu Sentral, City Centre, 55100 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur Malaysia |
| Outcome of Meeting | The Board of Directors of Handal Energy Berhad ("HEB" or "the Company") wishes to announce that the Special Resolution and Ordinary Resolutions set out in the Notice of the Extraordinary General Meeting ("EGM") of the Company dated 6 February 2026 were duly passed by the shareholders of the Company by way of poll voting at the EGM of the Company held today. All the resolutions were voted by poll and the results of the poll were validated by USearch Corporate Services Sdn. Bhd., the Independent Scrutineer appointed by the Company. Please refer to below for details of the poll results. This announcement is dated 4 March 2026. |
Voting Results |
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1. ORDINARY RESOLUTION 1 |
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| Description |
PROPOSED PRIVATE PLACEMENT OF UP TO 196,950,000 ORDINARY SHARES OF HANDAL ("HANDAL SHARES" OR "SHARES"), REPRESENTING APPROXIMATELY 30% OF THE EXISITING NUMBER OF ISSUED SHARES OF HANDAL (EXCLUDING ANY TREASURY SHARES) ("PROPOSED PRIVATE PLACEMENT II")
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 28 | 1 |
| No. of Shares | 99,671,594 | 1,000 |
| % of Voted Shares | 99.9990 | 0.0010 |
| Result | Accepted | |
2. ORDINARY RESOLUTION 2 |
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| Description |
PROPOSED ESTABLISHMENT OF AN EMPLOYEES SHARE OPTION SCHEME ("ESOS") FOR THE ELIGIBLE DIRECTORS AND EMPLOYEES OF HANDAL AND ITS SUBSIDIARIES (EXCLUDING ANY DORMANT SUBSIDIARIES) ("PROPOSED ESOS")
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 25 | 4 |
| No. of Shares | 99,669,522 | 3,072 |
| % of Voted Shares | 99.9969 | 0.0031 |
| Result | Accepted | |
3. ORDINARY RESOLUTION 3 |
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| Description |
PROPOSED GRANTING OF ESOS OPTIONS TO YB MUHAMAD ARAFAT BIN VARISAI MAHAMAD |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 24 | 5 |
| No. of Shares | 99,669,521 | 3,073 |
| % of Voted Shares | 99.9969 | 0.0031 |
| Result | Accepted | |
4. ORDINARY RESOLUTION 4 |
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| Description |
PROPOSED GRANTING OF ESOS OPTIONS TO DATUK MOHD IDZWAN IZUDDIN BIN AB RAHMAN |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 23 | 5 |
| No. of Shares | 75,584,371 | 3,073 |
| % of Voted Shares | 99.9959 | 0.0041 |
| Result | Accepted | |
5. ORDINARY RESOLUTION 5 |
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| Description |
PROPOSED GRANTING OF ESOS OPTIONS TO VIVIEN XU TIANTIAN |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 24 | 5 |
| No. of Shares | 99,669,521 | 3,073 |
| % of Voted Shares | 99.9969 | 0.0031 |
| Result | Accepted | |
6. ORDINARY RESOLUTION 6 |
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| Description |
PROPOSED GRANTING OF ESOS OPTIONS TO WILLIAM H VAN VLIET III |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 24 | 5 |
| No. of Shares | 99,669,521 | 3,073 |
| % of Voted Shares | 99.9969 | 0.0031 |
| Result | Accepted | |
7. ORDINARY RESOLUTION 7 |
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| Description |
PROPOSED GRANTING OF ESOS OPTIONS TO LEE YUEH SHIEN |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 24 | 5 |
| No. of Shares | 99,669,521 | 3,073 |
| % of Voted Shares | 99.9969 | 0.0031 |
| Result | Accepted | |
8. ORDINARY RESOLUTION 8 |
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| Description |
PROPOSED GRANTING OF ESOS OPTIONS TO CHEAH BEN LEE |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 24 | 5 |
| No. of Shares | 99,669,521 | 3,073 |
| % of Voted Shares | 99.9969 | 0.0031 |
| Result | Accepted | |
9. ORDINARY RESOLUTION 9 |
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| Description |
PROPOSED GRANTING OF ESOS OPTIONS TO RAHIMAH SHAMILA BINTI ABDULLAH |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 24 | 5 |
| No. of Shares | 99,669,521 | 3,073 |
| % of Voted Shares | 99.9969 | 0.0031 |
| Result | Accepted | |
10. ORDINARY RESOLUTION 10 |
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| Description |
PROPOSED GRANTING OF ESOS OPTIONS TO ZHANG YAN |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 24 | 5 |
| No. of Shares | 99,669,521 | 3,073 |
| % of Voted Shares | 99.9969 | 0.0031 |
| Result | Accepted | |
11. SPECIAL RESOLUTION |
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| Description |
PROPOSED REDUCTION OF ISSUED SHARE CAPITAL OF THE COMPANY PURSUANT TO SECTION 117 OF THE COMPANIES ACT 2016 ("ACT") ("PROPOSED SHARE CAPITAL REDUCTION")
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 26 | 3 |
| No. of Shares | 99,669,588 | 3,006 |
| % of Voted Shares | 99.9970 | 0.0030 |
| Result | Accepted | |
Please refer attachment below.
Announcement Info
| Company Name | HANDAL ENERGY BERHAD |
| Stock Name | HANDAL |
| Date Announced | 04 Mar 2026 |
| Category | General Meeting |
| Reference Number | GMA-04032026-00005 |
| Corporate Action ID | MY260304MEET0005 |