General Meeting
26/08/2022GENERAL MEETINGS: Outcome of Meeting
| SDS GROUP BERHAD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 26 Aug 2022 |
| Time | 10:00 AM |
| Venue(s) |
Fully virtual meeting via online meeting platform operated by Mlabs Research Sdn Bhd at https://rebrand.ly/SDS-AGM Malaysia |
| Outcome of Meeting | The Board of Directors of SDS Group Berhad (“the Company”) is pleased to announce that all the resolutions as set out in the Notice of Annual General Meeting ("AGM") dated 29 July 2022 were duly passed at the AGM held earlier today.
The resolutions were decided by way of poll voting at the AGM. The results of the poll were validated by SharePolls Sdn Bhd, the Independent Scrutineers appointed by the Company.
This announcement is dated 26 August 2022. |
Voting Results |
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1. Ordinary Resolution 1 |
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| Description |
To approve the payment of Directors' Fees to the Non-Executive Directors of the Company for the financial year ended 31 March 2022. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 39 | 7 |
| No. of Shares | 216,852,311 | 2,101 |
| % of Voted Shares | 99.9990 | 0.0010 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
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| Description |
To approve the payment of Directors' Benefit up to an amount of RM25,000 for the period from the conclusion of the 5th AGM of the Company scheduled on 26 August 2022 until the date of the 6th AGM of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 37 | 8 |
| No. of Shares | 216,851,511 | 2,801 |
| % of Voted Shares | 99.9987 | 0.0013 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
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| Description |
To re-elect Mr. Tan Kim Chai, who retires in accordance with Article 18.2 of the Company's Constitution and being eligible, has offered himself for re-election. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 45 | 2 |
| No. of Shares | 216,854,411 | 101 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
4. Ordinary Resolution 4 |
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| Description |
To re-elect Dr. Lim Pang Kiam, who retires in accordance with Article 18.2 of the Company's Constitution and being eligible, has offered himself for re-election. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 44 | 2 |
| No. of Shares | 216,854,311 | 101 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
5. Ordinary Resolution 5 |
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| Description |
To re-appoint Messrs Crowe Malaysia PLT (LLP0018817-LCA & AF 1018) as Auditors of the Company and to authorise the Directors to fix their remuneration. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 43 | 3 |
| No. of Shares | 216,854,211 | 201 |
| % of Voted Shares | 99.9999 | 0.0001 |
| Result | Accepted | |
6. Ordinary Resolution 6 |
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| Description |
Authority under Sections 75 And 76 of the Companies Act 2016 for the Directors to allot and issue shares. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 42 | 4 |
| No. of Shares | 216,854,111 | 301 |
| % of Voted Shares | 99.9999 | 0.0001 |
| Result | Accepted | |
7. Ordinary Resolution 7 |
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| Description |
Proposed renewal of shareholders' mandate for recurrent related party transactions of a revenue or trading nature. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 41 | 5 |
| No. of Shares | 40,503,331 | 1,301 |
| % of Voted Shares | 99.9968 | 0.0032 |
| Result | Accepted | |
8. Special Resolution 8 |
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| Description |
Proposed amendment to the Company's Constitution to facilitate the implementation of the proposed transfer of the listing and quotation for the entire issued share capital of the Company from ACE Market to the Main Market of Bursa Securities ("Proposed Transfer") ("Proposed Amendment")
|
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 42 | 3 |
| No. of Shares | 216,853,211 | 1,101 |
| % of Voted Shares | 99.9995 | 0.0005 |
| Result | Accepted | |
Please refer attachment below.
Attachments |
Announcement Info
| Company Name | SDS GROUP BERHAD |
| Stock Name | SDS |
| Date Announced | 26 Aug 2022 |
| Category | General Meeting |
| Reference Number | GMA-26082022-00002 |
| Corporate Action ID | MY220826MEET0002 |
Related Announcements for SDS
| Date | Title |
|---|---|
| 28/07/2022 | GENERAL MEETINGS: Notice of Meeting |
| 09/06/2022 | GENERAL MEETINGS: Outcome of Meeting |
| 18/05/2022 | GENERAL MEETINGS: Notice of Meeting |
| 27/08/2021 | GENERAL MEETINGS: Outcome of Meeting |
| 12/08/2021 | GENERAL MEETINGS: Notice of Meeting |
| 28/07/2021 | GENERAL MEETINGS: Notice of Meeting |
| 28/08/2020 | GENERAL MEETINGS: Outcome of Meeting |
| 29/07/2020 | GENERAL MEETINGS: Notice of Meeting |