General Meeting

27/05/2022

GENERAL MEETINGS: Outcome of Meeting

SINARAN ADVANCE GROUP BERHAD

Type of Meeting General
Indicator Outcome of Meeting
Date of Meeting 27 May 2022
Time 10:00 AM

Venue(s) 
Broadcast Venue at 10th Floor, Menara Lien Hoe, No. 8, Persiaran

Tropicana, Tropicana Golf & Country Resort, 47410 Petaling Jaya,

Selangor Darul Ehsan via an online meeting platform

at https://rebrand.ly/SinaranAGM provided by Mlabs Research Sdn. Bhd.

Malaysia

Outcome of Meeting 
Sinaran Advance Group Berhad (“SAG" or “Company”) – Second Annual General Meeting (“2nd AGM")

The Board of Directors of SAG wishes to announce that all the resolutions as set out in the Notice of the 2nd AGM of the Company dated 26 April 2022 were duly approved by the shareholders of the Company at the 2nd AGM held today.

The voting in respect of the resolutions were carried out by way of a poll via remote participation and electronic voting and the results were validated by SharePolls Sdn. Bhd., the Independent Scrutineer appointed by the Company.

The details of the poll results are set out below.

The announcement is dated 27 May 2022.

Voting Results

1. Ordinary Resolution 1

Description 
To approve the Directors Fees payable to the Directors of the Company of up to RM280,000/- for the financial year ending 31 December 2022 and to be made payable on monthly basis.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 6 5
No. of Shares 543,009,300 104,300
% of Voted Shares 99.9807 0.1920
Result Accepted

2. Ordinary Resolution 2

Description 
To approve an amount of up to RM15,000/- as benefits payable to the Non-Executive Directors of the Company with effect from 28 May 2022, a day after the Second AGM until the next Annual General Meeting of the Company in year 2023 pursuant to Section 230(1)(b) of the Companies Act 2016.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 6 5
No. of Shares 543,099,300 104,300
% of Voted Shares 99.9807 0.0192
Result Accepted

3. Ordinary Resolution 3

Description 
To re-elect Mr. Ding JianPing who retires pursuant to Clause 21.7 of the Constitution of the Company and being eligible, offered himself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 7 4
No. of Shares 543,009,500 104,100
% of Voted Shares 99.9808 0.0191
Result Accepted

4. Ordinary Resolution 4

Description 
To re-elect Encik Mohtar Bin Abdullah who retires pursuant to Clause 21.7 of the Constitution of the Company and being eligible, offered himself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 8 3
No. of Shares 543,034,500 79,100
% of Voted Shares 99.9854 0.0145
Result Accepted

5. Ordinary Resolution 5

Description 
To re-appoint Messrs. ChengCo PLT as the Auditors of the Company for the financial year ending 31 December 2022 and to hold office until the conclusion of the next Annual General Meeting of the Company at a remuneration to be determined by the Directors.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 8 3
No. of Shares 543,034,500 79,100
% of Voted Shares 99.9854 0.0145
Result Accepted

6. Ordinary Resolution 6

Description 
Authority to Issue Shares pursuant to the Companies Act 2016
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 7 4
No. of Shares 543,034,300 79,300
% of Voted Shares 99.9853 0.0146
Result Accepted





Announcement Info

Company Name SINARAN ADVANCE GROUP BERHAD
Stock Name SINARAN
Date Announced 27 May 2022
Category General Meeting
Reference Number GMA-26052022-00038
Corporate Action ID MY220526MEET0035


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