GENERAL MEETINGS: Outcome of Meeting
| RCE CAPITAL BERHAD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 07 Sep 2023 |
| Time | 10:30 AM |
| Venue(s) |
Online meeting platform hosted on Securities Services e-Portal at https://sshsb.net.my/ provided by SS E Solutions Sdn. Bhd. at Level 7, Menara Milenium, Jalan Damanlela, Pusat Bandar Damansara, Damansara Heights, 50490 Kuala Lumpur, Malaysia |
| Outcome of Meeting | The Board of Directors of RCE Capital Berhad ("Company") wishes to announce that all the resolutions as set out in the Notice of the Sixty-Ninth Annual General Meeting ("AGM") of the Company dated 27 July 2023 ("Resolutions") were duly passed by the shareholders of the Company at the AGM held today. All the Resolutions were voted by poll and the results of the poll were validated by Commercial Quest Sdn. Bhd., the independent scrutineer appointed by the Company. Details of the results of the polling in respect of the Resolutions at the AGM are set out below. This announcement is dated 7 September 2023. |
Voting Results |
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1. Ordinary Resolution 1 |
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| Description |
To approve the payment of Directors' fees of RM612,500 for the financial year ended 31 March 2023. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 289 | 49 |
| No. of Shares | 459,754,195 | 260,871 |
| % of Voted Shares | 99.9433 | 0.0567 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
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| Description |
To approve the Directors' benefits to the Non-Executive Directors of the Company up to an aggregate amount of RM850,000 for the period from 8 September 2023 until the next Annual General Meeting of the Company. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 282 | 56 |
| No. of Shares | 459,264,097 | 736,869 |
| % of Voted Shares | 99.8398 | 0.1602 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
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| Description |
To re-elect Mr. Thein Kim Mon who retires pursuant to Clause 118 of the Company's Constitution. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 320 | 27 |
| No. of Shares | 461,628,058 | 48,806 |
| % of Voted Shares | 99.9894 | 0.0106 |
| Result | Accepted | |
4. Ordinary Resolution 4 |
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| Description |
To re-elect Puan Shalina Azman who retires pursuant to Clause 118 of the Company's Constitution. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 309 | 38 |
| No. of Shares | 460,526,534 | 1,150,330 |
| % of Voted Shares | 99.7508 | 0.2492 |
| Result | Accepted | |
5. Ordinary Resolution 5 |
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| Description |
To re-elect Mr. Lum Sing Fai who retires pursuant to Clause 118 of the Company's Constitution. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 319 | 28 |
| No. of Shares | 461,488,258 | 188,606 |
| % of Voted Shares | 99.9591 | 0.0409 |
| Result | Accepted | |
6. Ordinary Resolution 6 |
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| Description |
To re-appoint Deloitte PLT as Auditors of the Company to hold office until the conclusion of the next Annual General Meeting and to authorise the Directors to fix their remuneration. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 315 | 31 |
| No. of Shares | 460,774,145 | 892,719 |
| % of Voted Shares | 99.8066 | 0.1934 |
| Result | Accepted | |
7. Ordinary Resolution 7 |
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| Description |
Authority to Issue Shares Pursuant to Section 75 of the Companies Act 2016. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 296 | 49 |
| No. of Shares | 459,475,552 | 2,185,712 |
| % of Voted Shares | 99.5266 | 0.4734 |
| Result | Accepted | |
8. Ordinary Resolution 8 |
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| Description |
Proposed Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 298 | 33 |
| No. of Shares | 29,498,739 | 95,561 |
| % of Voted Shares | 99.6771 | 0.3229 |
| Result | Accepted | |
9. Ordinary Resolution 9 |
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| Description |
Proposed Renewal of Share Buy-Back Authority |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 319 | 26 |
| No. of Shares | 461,357,507 | 179,555 |
| % of Voted Shares | 99.9611 | 0.0389 |
| Result | Accepted | |
Announcement Info
| Company Name | RCE CAPITAL BERHAD |
| Stock Name | RCECAP |
| Date Announced | 07 Sep 2023 |
| Category | General Meeting |
| Reference Number | GMA-05092023-00002 |
| Corporate Action ID | MY230905MEET0002 |