KUALA LUMPUR: Encorp Bhd shareholders have approved all resolutions in support of its business strategy and governance initiatives.

Resolutions passed included the receipt of the audited financial statements for the year ended Dec 31, 2024 (FY24), approval of directors' fees and benefits and reappointment of Ernst & Young as the external auditors for the upcoming financial year.

Shareholders also approved the proposed shareholders' mandate for recurrent related party transactions of a revenue or trading nature.

This facilitates Encorp's ability to conduct necessary transactions in its ordinary course of business efficiently and transparently.

During the annual general meeting today, Datuk Jaafar Abu Bakar and Lukman Abu Bakar retired and did not seek re-election as board members.

Shareholders also approved the re-election of Nor Azira Abu Bakar to the board, reaffirming their confidence in her continued contribution to the company's governance and strategic oversight.

Group chief executive officer Ahmad Harzimi Mohd Taib said the shareholders' confidence strengthen Encorp's direction and long-term aspirations.

With its landbanks and developments across Malaysia and Australia, Encorp said it remains focused on delivering long-term, responsible growth while upholding strong standards of corporate governance.