General Meeting

14/06/2022

GENERAL MEETINGS: Outcome of Meeting

NCT ALLIANCE BERHAD

Type of Meeting General
Indicator Outcome of Meeting
Date of Meeting 14 Jun 2022
Time 11:00 AM

Venue(s) 
Menara NCT, No. 2, Jalan BP 4/9,

Bandar Bukit Puchong,

47100 Puchong,

Selangor Darul Ehsan,

Malaysia

Outcome of Meeting 
The Board of Directors of NCT Alliance Berhad (formerly known as Grand-Flo Berhad) ("the Company") is pleased to announce that all the resolutions as prescribed in the Notice of Nineteenth Annual General Meeting ("19th AGM") of the Company dated 29 April 2022 were duly passed by the shareholders of the Company by way of poll at the 19th AGM of the Company.

The result of the poll was validated by Asia Securities Sdn. Berhad, the independent scrutineer appointed by the Company.

The Audited Financial Statements for the financial year ended 31 December 2021 together with the Reports of the Directors and Auditors thereon were received and duly tabled at the 19th AGM of the Company under Agenda 1.

Please refer to the attachment for the details of the outcome.

This announcement is dated 14 June 2022.

Voting Results

1. Ordinary Resolution 1

Description 
To approve the payment of Non-Executive Directors' fees and/or benefits of up to RM250,000.00 for the financial year ending 31 December 2022.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 28 0
No. of Shares 671,558,001 0
% of Voted Shares 100.0000 0.0000
Result Accepted

2. Ordinary Resolution 2

Description 
To re-elect Dato' Yap Fook Choy as a Director of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 28 0
No. of Shares 671,558,001 0
% of Voted Shares 100.0000 0.0000
Result Accepted

3. Ordinary Resolution 3

Description 
To re-elect Mr. Yap Chun Theng as a Director of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 28 0
No. of Shares 671,558,001 0
% of Voted Shares 100.0000 0.0000
Result Accepted

4. Ordinary Resolution 4

Description 
To re-appoint Moore Stephens Associates PLT as Auditors of the Company until the conclusion of the next Annual General Meeting and to authorise the Directors to fix their remuneration.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 28 0
No. of Shares 671,558,001 0
% of Voted Shares 100.0000 0.0000
Result Accepted

5. Ordinary Resolution 5

Description 
To retain Mr. Cheong Kee Yoong as an Independent Non-Executive Director of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 3 0
No. of Shares 490,383,726 0
% of Voted Shares 100.0000 0.0000
Result Accepted

6. Ordinary Resolution 6

Description 
To approve the authority for the Directors 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 28 0
No. of Shares 671,558,001 0
% of Voted Shares 100.0000 0.0000
Result Accepted

7. Ordinary Resolution 7

Description 
To approve the Proposed Renewal of the Authority for the Company to purchase its own shares of up to ten per centum (10%) of its total number of issued shares.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 28 0
No. of Shares 671,558,001 0
% of Voted Shares 100.0000 0.0000
Result Accepted

8. Ordinary Resolution 8

Description 
To approve the Proposed Renewal of Existing Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue and/or Trading Nature.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 25 0
No. of Shares 181,174,275 0
% of Voted Shares 100.0000 0.0000
Result Accepted

9. Ordinary Resolution 5 - Tier 2

Description 
To retain Mr. Cheong Kee Yoong as an Independent Non-Executive Director of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 25 0
No. of Shares 181,174,275 0
% of Voted Shares 100.0000 0.0000
Result Accepted



Please refer attachment below.



Announcement Info

Company Name NCT ALLIANCE BERHAD
Stock Name NCT
Date Announced 14 Jun 2022
Category General Meeting
Reference Number GMA-14062022-00014
Corporate Action ID MY220614MEET0014


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