General Meeting

27/08/2021

GENERAL MEETINGS: Outcome of Meeting

SDS GROUP BERHAD

Type of Meeting General
Indicator Outcome of Meeting
Date of Meeting 27 Aug 2021
Time 10:00 AM

Venue(s) 
Fully virtual meeting via online meeting platform at megacorp.com.my

provided by Mega Corporate Services Sdn Bhd

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 2021 were duly passed at the AGM held on 27 August 2021.

 

The resolutions were decided by way of poll voting at the AGM. The results of the poll validated by Cygnus Technology Solutions Sdn Bhd, the Independent Scrutineers appointed by the Company.

 

This announcement is dated 27 August 2021.

Voting Results

1. Resolution 1

Description 
To approve the payment of Directors' Fees to Non-Executive Directors of the Company for the financial year ended 31 March 2021.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 44 5
No. of Shares 279,952,240 2,900
% of Voted Shares 99.9990 0.0010
Result Accepted

2. Resolution 2

Description 
To approve the payment of Directors' Benefit up to an amount of RM25,000 for the period from the conclusion of the 4th AGM of the Company scheduled on 27 August 2021 until the date of the 5th AGM of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 43 6
No. of Shares 279,896,240 58,900
% of Voted Shares 99.9790 0.0210
Result Accepted

3. Resolution 3

Description 
To re-elect Mr. Tan Yon Haw, 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 4
No. of Shares 279,912,440 42,700
% of Voted Shares 99.9847 0.0153
Result Accepted

4. Resolution 4

Description 
To re-elect Dato' Albert Ding Choo Earn, 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 5
No. of Shares 261,209,080 18,746,060
% of Voted Shares 93.3039 6.6961
Result Accepted

5. Resolution 5

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 44 4
No. of Shares 261,193,080 18,761,960
% of Voted Shares 93.2982 6.7018
Result Accepted

6. Resolution 6

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 43 6
No. of Shares 261,153,080 18,802,060
% of Voted Shares 93.2839 6.7161
Result Accepted

7. Resolution 7

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 38 4
No. of Shares 59,543,190 58,700
% of Voted Shares 99.9015 0.0985
Result Accepted



Please refer attachment below.



Announcement Info

Company Name SDS GROUP BERHAD
Stock Name SDS
Date Announced 27 Aug 2021
Category General Meeting
Reference Number GMA-27082021-00008
Corporate Action ID MY210827MEET0007


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