GENERAL MEETINGS: Outcome of Meeting
| VELESTO ENERGY BERHAD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 03 Jun 2026 |
| Time | 02:00 PM |
| Venue(s) |
The Summit 1 Ballroom, Level M1, The Vertical Bangsar South City, No. 8, Jalan Kerinchi 59200 Kuala Lumpur Wilayah Persekutuan Kuala Lumpur Malaysia |
| Outcome of Meeting |
Voting Results |
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1. Ordinary Resolution 1 |
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| Description |
To re-elect Ir. Dr. Mohd Shahreen Zainooreen Madros who retires in accordance with Clause 96 of the Company's Constitution and being eligible, has offered himself for re-election. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 277 | 73 |
| No. of Shares | 5,603,434,861 | 331,607,434 |
| % of Voted Shares | 94.4127 | 5.5873 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
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| Description |
To re-elect Alan Hamzah Sendut who retires in accordance with Clause 96 of the Company's Constitution and being eligible, has offered himself for re-election. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 267 | 83 |
| No. of Shares | 5,579,291,768 | 355,750,527 |
| % of Voted Shares | 94.0059 | 5.9941 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
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| Description |
To re-elect Ainul Azhar Ainul Jamal, who retires in accordance with Clause 103 of the Company's Constitution and being eligible, offers himself for re-election. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 343 | 7 |
| No. of Shares | 5,934,905,131 | 137,164 |
| % of Voted Shares | 99.9977 | 0.0023 |
| Result | Accepted | |
4. Ordinary Resolution 4 |
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| Description |
To re-elect Nadzrin Alia Md Azizis, who retires in accordance with Clause 103 of the Company's Constitution and being eligible, offers herself for re-election. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 342 | 8 |
| No. of Shares | 5,934,905,081 | 137,214 |
| % of Voted Shares | 99.9977 | 0.0023 |
| Result | Accepted | |
5. Ordinary Resolution 5 |
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| Description |
To approve the Directors' Fees in accordance with the Remuneration Policy and Procedures for Non-Executive Directors of the Company, with effect from this 16th AGM until the conclusion of the next AGM of the Company in 2027. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 337 | 12 |
| No. of Shares | 5,934,820,491 | 199,004 |
| % of Voted Shares | 99.9966 | 0.0034 |
| Result | Accepted | |
6. Ordinary Resolution 6 |
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| Description |
To approve the benefits payable to the Non-Executive Chairman and Non-Executive Directors of an amount up to RM682,000, comprising allowances, benefits-in-kind and other emoluments payable to them, from this 16th AGM until the conclusion of the next AGM of the Company in 2027. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 335 | 13 |
| No. of Shares | 5,934,805,481 | 213,964 |
| % of Voted Shares | 99.9964 | 0.0036 |
| Result | Accepted | |
7. Ordinary Resolution 7 |
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| Description |
To re-appoint Messrs. Ernst & Young PLT as Auditors of the Company for the year ending 31 December 2026 and to authorise the Board of Directors to determine their remuneration. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 253 | 97 |
| No. of Shares | 5,371,988,998 | 563,053,297 |
| % of Voted Shares | 90.5131 | 9.4869 |
| Result | Accepted | |
Announcement Info
| Company Name | VELESTO ENERGY BERHAD |
| Stock Name | VELESTO |
| Date Announced | 03 Jun 2026 |
| Category | General Meeting |
| Reference Number | GMA-01062026-00001 |
| Corporate Action ID | MY260601MEET0001 |