GENERAL MEETINGS: Outcome of Meeting
| Y&G CORPORATION BHD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 29 May 2025 |
| Time | 11:00 AM |
| Venue(s) |
Lot G-01, Ground Floor, Tower B, PJ City Development, 15A, Jalan 219 Seksyen 51A, 46100 Petaling Jaya, Selangor Darul Ehsan Malaysia |
| Outcome of Meeting | The Board of Directors of Y&G Corporation Bhd ("Y&G" or the "Company") wishes to announce that all the ordinary resolutions as set out in the Notice of Fifty-Ninth Annual General Meeting ("59th AGM”) dated 28 April 2025 were duly passed by the shareholders by way of poll at the 59th AGM of Y&G held on 29 May 2025. The results of the poll were validated by Sharepolls Sdn Bhd, the Independent Scrutineer appointed by Y&G. The detailed results of the poll are set out below. The results of the poll for Ordinary Resolution 7 with detailed breakdown of voting under Tier 1 and Tier 2 are attached. This announcement is dated 29 May 2025. |
Voting Results |
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1. Ordinary Resolution 1 |
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| Description |
To approve the payment of Directors' fees for the financial year ended 31 December 2024. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 8 | 0 |
| No. of Shares | 165,192,423 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
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| Description |
Re-election of Dato' Sri Yap Seng Yew as Director of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 8 | 0 |
| No. of Shares | 165,192,423 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
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| Description |
Re-election of Datin Sri Gan Li Li as Director of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 8 | 0 |
| No. of Shares | 165,192,423 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
4. Ordinary Resolution 4 |
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| Description |
Re-election of Dato' Yap Jun Jien as Director of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 8 | 0 |
| No. of Shares | 165,192,423 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
5. Ordinary Resolution 5 |
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| Description |
Re-appointment of Messrs. T. H. Kuan & Co. 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 | 8 | 0 |
| No. of Shares | 165,192,423 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
6. Ordinary Resolution 6 |
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| Description |
To approve the Payment of Directors' Allowances to Non-Executive Directors. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 8 | 1 |
| No. of Shares | 165,192,393 | 30 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
7. Ordinary Resolution 7 (Tier 1) |
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| Description |
Retention of Mr. Tan Kak Teck as Independent Non-Executive Director. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 8 | 0 |
| No. of Shares | 158,189,985 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
8. Ordinary Resolution 7 (Tier 2) |
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| Description |
Retention of Mr. Tan Kak Teck as Independent Non-Executive Director. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 0 | 1 |
| No. of Shares | 7,002,408 | 30 |
| % of Voted Shares | 99.9996 | 0.0004 |
| Result | Accepted | |
9. Ordinary Resolution 8 |
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| Description |
Authority to Allot and Issue Shares Pursuant to Sections 75 and 76 of the Companies Act 2016. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 8 | 0 |
| No. of Shares | 165,192,423 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
Please refer attachment below.
Announcement Info
| Company Name | Y&G CORPORATION BHD |
| Stock Name | Y&G |
| Date Announced | 29 May 2025 |
| Category | General Meeting |
| Reference Number | GMA-29052025-00022 |
| Corporate Action ID | MY250529MEET0022 |