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Announcements

General Meetings: Outcome Of Meeting (Amended Announcement)

BackMay 26, 2022
Type of Meeting General
Indicator Outcome of Meeting
Date of Meeting 25 May 2022
Time 10:00 AM
Venue(s)

Online Platform via TIIH Online website

at https://tiih.online or https://tiih.com.my

(Domain registration number with MYNIC:D1A282781)

Malaysia
Outcome of Meeting

The Board of Directors of Able Global Berhad ("the Company") wishes to announce that the resolutions as set out in the Notice of 21st Annual General Meeting of the Company dated 26 April 2022 and tabled at the said Annual General Meeting held on 25 May 2022 were carried out by way of poll. The results of the poll are set out in the attachment below. 

 

The Board of Directors is also pleased to announce that the poll results have been duly verified by the Independent Scrutineer namely, Asia Securities Sdn Berhad. 

 

For Ordinary Resolution 2 relating to the approval of the payment of Directors benefits for an amount not exceeding RM75,000 from the 21st AGM 2021 until the next AGM of the Company, the number of shareholders "Against" was reported erroneously. The figure has been corrected as shown under column "No. of Shareholders" below.

 

This announcement is dated 26 May 2022.

Voting Results

1. Ordinary Resolution 1
Description

To approve the payment of Directors Fee of RM324,000 for the financial year ended 31 December 2021.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 130 24
No. of Shares 130,141,040 1,044,818
% of Voted Shares 99.2036 0.7964
Result Accepted

2. Ordinary Resolution 2
Description

To approve the payment of Directors benefits for an amount not exceeding RM75,000 from the 21st AGM 2021 until the next AGM of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 129 24
No. of Shares 130,084,674 1,099,784
% of Voted Shares 99.1617 0.8383
Result Accepted

3. Ordinary Resolution 3
Description

To re-elect Mr. Yeow Ah Seng @ Yow Ah Seng, the Director who retire by rotation pursuant to Clause 76(3) of the Company's Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 138 19
No. of Shares 130,128,261 1,105,097
% of Voted Shares 99.1579 0.8421
Result Accepted

4. Ordinary Resolution 4
Description

To re-elect Mr. Ng Keng Hoe (Huang Qinghe), the Director who retire by rotation pursuant to Clause 76(3) of the Company's Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 141 16
No. of Shares 131,169,040 64,318
% of Voted Shares 99.9510 0.0490
Result Accepted

5. Ordinary Resolution 5
Description

To re-appoint Crowe Malaysia PLT as Auditors of the Company for the financial year ending 31 December 2022 and to authorise the Directors to fix their remuneration.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 144 13
No. of Shares 131,181,756 51,602
% of Voted Shares 99.9607 0.0393
Result Accepted

6. Ordinary Resolution 6
Description

Authority to issue and allot shares pursuant to Sections 75 and 76 of the Companies Act 2016.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 133 22
No. of Shares 129,739,574 1,448,984
% of Voted Shares 98.8955 1.1045
Result Accepted

7. Ordinary Resolution 7
Description

Continue in Office as Independent Non-Executive Director - Datuk Kamaludin Bin Yusoff
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 132 25
No. of Shares 129,605,795 1,627,563
% of Voted Shares 98.7598 1.2402
Result Accepted

8. Ordinary Resolution 8
Description

Proposed Renewal of Authority for the Company to Purchase Its Own Shares ("Proposed Renewal of Share Buy-Back")
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 143 13
No. of Shares 131,168,756 58,602
% of Voted Shares 99.9553 0.0447
Result Accepted



Please refer attachment below.



Announcement Info

Company Name ABLE GLOBAL BERHAD
Stock Name ABLEGLOB
Date Announced 26 May 2022
Category General Meeting
Reference Number GMA-26052022-00032
Corporate Action ID MY220525MEET0022