General Meeting

28/06/2022

GENERAL MEETINGS: Outcome of Meeting

REACH ENERGY BERHAD

Type of Meeting General
Indicator Outcome of Meeting
Date of Meeting 28 Jun 2022
Time 10:00 AM

Venue(s) 
Level 12, Menara Symphony,

No. 5, Jalan Prof. Khoo Kay Kim,

Seksyen 13

46200 Petaling Jaya, Selangor

Malaysia

Outcome of Meeting

We refer to Reach Energy Berhad ("REB" or "the Company")'s announcement dated 29 April 2022 in relation to the Notice of the Ninth Annual General Meeting ("9th AGM").

 

On behalf of the Board of Directors of REB, we are pleased to announce that the 9th AGM of REB held on 28 June 2022, the shareholders of REB had approved all the resolutions referred to in the Notice of the 9th AGM dated 29 April 2022 by way of poll via remote participation and electronic voting at the 9th AGM of REB held today, Tuesday, 28 June 2022 at 10.00 a.m. at the broadcast venue of 12th Floor, Menara Symphony, No. 5, Jalan Prof. Khoo Kay Kim, Seksyen 13, 46200 Petaling Jaya, Selangor.

 

The resolutions were determined by way of poll and the results of the poll were validated by the Independent Scrutineer, Boardroom Corporate Services Sdn. Bhd..

Voting Results

1. Resolution 1

Description 
To re-elect YBhg Tan Sri Dr. Azmil Khalili bin Dato Khalid, who retires by rotation pursuant to Clause 86 of the Constitution of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 78 30
No. of Shares 228,969,589 169,031,461
% of Voted Shares 57.5299 42.4701
Result Accepted

2. Resolution 2

Description 
To re-elect Encik Nik Din bin Nik Sulaiman, who retires by rotation pursuant to Clause 86 of the Constitution of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 79 30
No. of Shares 231,269,589 169,031,461
% of Voted Shares 57.7739 42.2261
Result Accepted

3. Resolution 3

Description 
To re-elect Dato Jasmy bin Ismail , who retires by rotation pursuant to Clause 86 of the Constitution of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 79 30
No. of Shares 231,269,589 169,031,461
% of Voted Shares 57.7739 42.2261
Result Accepted

4. Resolution 4

Description 
To re-elect Encik Yusoff bin Hassan who retires pursuant to Clause 91 of the Constitution of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 78 30
No. of Shares 231,269,489 169,031,461
% of Voted Shares 57.7739 42.2261
Result Accepted

5. Resolution 5

Description 
To approve the proposed payment of Directors fees amounting to RM425,000 in respect of the financial year ending 31 December 2022, to be made payable quarterly.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 63 49
No. of Shares 228,809,339 169,651,711
% of Voted Shares 57.4233 42.5767
Result Accepted

6. Resolution 6

Description 
To approve the payment of Directors benefits (other than Directors fees) up to an amount of RM400,000 for the period from 1 January 2022 until the conclusion of the next Annual General Meeting of the Company, to be made payable quarterly.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 61 51
No. of Shares 228,807,339 169,653,711
% of Voted Shares 57.4228 42.5772
Result Accepted

7. Resolution 7

Description 
To re-appoint PricewaterhouseCoopers PLT (LLP0014401-LCA & AF1146) as the Companys Auditors and to authorise the Board of Directors to determine their remuneration.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 95 15
No. of Shares 400,238,629 62,521
% of Voted Shares 99.9844 0.0156
Result Accepted

8. Resolution 8

Description 
Authority for Directors to issue and allot shares in the Company pursuant to Section 75 and 76 of the Companies Act, 2016
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 83 30
No. of Shares 400,105,679 655,371
% of Voted Shares 99.8365 0.1635
Result Accepted



Please refer attachment below.



Announcement Info

Company Name REACH ENERGY BERHAD
Stock Name REACH
Date Announced 28 Jun 2022
Category General Meeting
Reference Number GMA-28062022-00007
Corporate Action ID MY220628MEET0007


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