GENERAL MEETINGS: Outcome of Meeting
| RALCO CORPORATION BERHAD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 12 Jun 2025 |
| Time | 11:00 AM |
| Venue(s) |
Langkawi Room, Bukit Jalil Golf & Country Resort, Jalan Jalil Perkasa 3, Bukit Jalil, 57000 Kuala Lumpur Malaysia |
| Outcome of Meeting | The Board of Directors of Ralco Corporation Berhad ("the Company") is pleased to announce that all of the resolutions set out in the Notice of the Thirtieth Annual General Meeting ("30th AGM") of the Company dated 30 April 2025, were duly passed as Ordinary Resolutions at the 30th AGM of the Company held on Thursday, 12 June 2025 at 11.00 a.m.
All of the resolutions were voted by poll and the results of the poll were validated by Cygnus Technology Solutions Sdn. Bhd., the Independent Scrutineers appointed by the Company.
The poll results are as detailed below and please refer to the attachment for the scrutineer's report.
This announcement is dated 12 June 2025. |
Voting Results |
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1. Ordinary Resolution 1 |
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| Description |
To approve the payment of Directors' fees amounting to RM180,081 for the financial year ended 31 December 2024. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 13 | 1 |
| No. of Shares | 25,630,020 | 6,000 |
| % of Voted Shares | 99.9766 | 0.0234 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
||
| Description |
To approve the Directors' Benefits payable to the Directors of the Company and its subsidiaries amounting to RM60,000 from 1 July 2025 until 30 June 2026. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 13 | 1 |
| No. of Shares | 25,630,020 | 6,000 |
| % of Voted Shares | 99.9766 | 0.0234 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
||
| Description |
To re-elect Mr. Heng Chee Wei, who is retiring by rotation in accordance with Clause 97 of the Constitution of the Company and being eligible, has offered himself for re-election. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 13 | 1 |
| No. of Shares | 25,630,020 | 6,000 |
| % of Voted Shares | 99.9766 | 0.0234 |
| Result | Accepted | |
4. Ordinary Resolution 4 |
||
| Description |
To re-elect Mr. Law Doung Chin, who is retiring by rotation in accordance with Clause 97 of the Constitution of the Company and being eligible, has offered himself for re-election. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 13 | 1 |
| No. of Shares | 25,630,020 | 6,000 |
| % of Voted Shares | 99.9766 | 0.0234 |
| Result | Accepted | |
5. Ordinary Resolution 5 |
||
| Description |
To re-appoint Messrs. TGS TW PLT (LLP0026851-LCA & AF 002345) as Auditors of the Company for the ensuing year and to authorise the Directors to fix their remuneration. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 13 | 1 |
| No. of Shares | 25,630,020 | 6,000 |
| % of Voted Shares | 99.9766 | 0.0234 |
| Result | Accepted | |
6. Ordinary Resolution 6 |
||
| Description |
To approve the Authority to Issue and Allot Shares. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 13 | 1 |
| No. of Shares | 25,630,020 | 6,000 |
| % of Voted Shares | 99.9766 | 0.0234 |
| Result | Accepted | |
Please refer attachment below.
Announcement Info
| Company Name | RALCO CORPORATION BERHAD |
| Stock Name | RALCO |
| Date Announced | 12 Jun 2025 |
| Category | General Meeting |
| Reference Number | GMA-12062025-00005 |
| Corporate Action ID | MY250612MEET0005 |