GENERAL MEETINGS: Outcome of Meeting
| TURBO-MECH BERHAD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 26 May 2025 |
| Time | 02:30 PM |
| Venue(s) |
Agate Room, M World Hotel No. 1, Persiaran Bandar Utama Bandar Utama, 47800 Petaling Jaya Selangor Darul Ehsan Malaysia |
| Outcome of Meeting | The Board of Directors of Turbo-Mech Berhad ("the Company") wishes to announce that all the resolutions as set out in the Notice of the Sixteenth Annual General Meeting ("16th AGM") of the Company dated 28 April 2025 were duly unanimously approved by the shareholders of the Company by way of poll at the 16th AGM of the Company held today, 26 May 2025.
The results of the poll were validated by SJ & Co. PLT, the Independent Scrutineers appointed by the Company.
Please refer to the attachment for the details of the poll results.
This announcement is dated 26 May 2025. |
Voting Results |
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1. Ordinary Resolution 1 |
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| Description |
To approve a final single-tier dividend of 0.5 sen per ordinary share for the financial year ended 31 December 2024. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 14 | 0 |
| No. of Shares | 65,108,358 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
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| Description |
To re-elect Mr Gordon Yong Lin Fooi who retires by rotation in accordance with Clause 101 of the Constitution of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 14 | 0 |
| No. of Shares | 65,108,358 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
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| Description |
To re-elect Puan Nurul Ain binti Khirul Ashar who retires by rotation in accordance with Clause 101 of the Constitution of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 14 | 0 |
| No. of Shares | 65,108,358 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
4. Ordinary Resolution 4 |
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| Description |
To approve the Directors' fees up to an aggregate amount of RM119,000 and benefits payable of up to RM41,000 for the period from 27 May 2025 until the next Annual General Meeting of the Company and the payment thereof. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 10 | 0 |
| No. of Shares | 44,669,850 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
5. Ordinary Resolution 5 |
||
| Description |
To re-appoint Ernst & Young 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 | 14 | 0 |
| No. of Shares | 65,108,358 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
6. Ordinary Resolution 6 |
||
| Description |
Authority to Allot Shares pursuant to Sections 75 and 76 of the Companies Act 2016; and Waiver of Pre-Emptive Rights. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 14 | 0 |
| No. of Shares | 65,108,358 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
7. Ordinary Resolution 7 |
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| Description |
Proposed Renewal of Existing Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature and Proposed New Shareholders' Mandate for Additional Recurrent Related Party Transactions of a Revenue or Trading Nature. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 11 | 0 |
| No. of Shares | 6,959,602 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
Please refer attachment below.
Announcement Info
| Company Name | TURBO-MECH BERHAD |
| Stock Name | TURBO |
| Date Announced | 26 May 2025 |
| Category | General Meeting |
| Reference Number | GMA-23052025-00033 |
| Corporate Action ID | MY250523MEET0033 |