| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 18 Aug 2023 |
| Time | 10:00 AM |
| Venue(s) |
Online Meeting Platform provided by Tricor Investor & Issuing House Services Sdn Bhd in Malaysia via TIIH Online website at https://tiih.online or https://tiih.com.my Malaysia |
| Outcome of Meeting |
The Board of Directors of ELK-Desa Resources Berhad ("ELK-Desa Resources") is pleased to announce that all resolutions as set out in the Notice of the Thirty-Fourth Annual General Meeting ("34th AGM") of ELK-Desa Resources dated 20 July 2023 were duly passed by way of poll at the 34th AGM of ELK-Desa Resources which was conducted fully virtual via an oline platform.
The results of the poll were validated by Coopers Professional Scrutineers Sdn Bhd, the Independent Scrutinner appointed by ELK-Desa Resources. |
Voting Results |
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1. Ordinary Resolution 1 |
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| Description |
To approve the payment of Directors fees of RM766,000 for the financial year ended 31 March 2023. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 165 | 34 |
| No. of Shares | 216,149,735 | 35,024 |
| % of Voted Shares | 99.9800 | 0.0200 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
||
| Description |
To approve the payment of Directors benefits payable to the Non-Executive Directors up to an amount of RM150,000 for the period commencing from the date immediately after the 34th AGM up to the date of the next AGM of the Company to be held in 2024. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 161 | 38 |
| No. of Shares | 216,145,872 | 38,887 |
| % of Voted Shares | 99.9800 | 0.0200 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
||
| Description |
To re-elect the following Director who is retiring by rotation pursuant to Clause 112 of the Companys Constitution: (i) Mr. Teoh Seng Kar |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 181 | 20 |
| No. of Shares | 216,064,627 | 199,367 |
| % of Voted Shares | 99.9100 | 0.0900 |
| Result | Accepted | |
4. Ordinary Resolution 4 |
||
| Description |
To re-elect the following Director who is retiring by rotation pursuant to Clause 112 of the Companys Constitution: (ii) Mr. Ng Soon Lai @ Ng Siek Chuan. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 179 | 22 |
| No. of Shares | 216,239,863 | 24,131 |
| % of Voted Shares | 99.9900 | 0.0100 |
| Result | Accepted | |
5. Ordinary Resolution 5 |
||
| Description |
To re-elect Datin Gan Kok Ling, the Director who is retiring pursuant to Clause 116 of the Companys Constitution. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 182 | 19 |
| No. of Shares | 216,243,127 | 20,867 |
| % of Voted Shares | 99.9900 | 0.0100 |
| Result | Accepted | |
6. Ordinary Resolution 6 |
||
| Description |
To re-appoint Messrs. BDO PLT 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 | 184 | 19 |
| No. of Shares | 216,244,892 | 20,867 |
| % of Voted Shares | 99.9900 | 0.0100 |
| Result | Accepted | |
7. Ordinary Resolution 7 (First Tier) |
||
| Description |
CONTINUING IN OFFICE AS INDEPENDENT NON-EXECUTIVE DIRECTORS (i) THAT approval be and is hereby given to Mr. Loong Foo Ching, who has served as an Independent Non-Executive Director of the Company for more than nine (9) years, to continue to act as an Independent Non-Executive Director of the Company until the conclusion of the next Annual General Meeting. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 5 | 0 |
| No. of Shares | 181,838,000 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
8. Ordinary Resolution 7 (Second Tier) |
||
| Description |
CONTINUING IN OFFICE AS INDEPENDENT NON-EXECUTIVE DIRECTORS (i) THAT approval be and is hereby given to Mr. Loong Foo Ching, who has served as an Independent Non-Executive Director of the Company for more than nine (9) years, to continue to act as an Independent Non-Executive Director of the Company until the conclusion of the next Annual General Meeting. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 175 | 23 |
| No. of Shares | 34,415,028 | 27,131 |
| % of Voted Shares | 99.9200 | 0.0800 |
| Result | Accepted | |
9. Ordinary Resolution 8 (First Tier) |
||
| Description |
CONTINUING IN OFFICE AS INDEPENDENT NON-EXECUTIVE DIRECTORS ii) THAT approval be and is hereby given to Ms. Toh Jyh Wei, who has served as an Independent Non-Executive Director of the Company for more than nine (9) years, to continue to act as an Independent Non-Executive Director of the Company until the conclusion of the next Annual General Meeting. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 5 | 0 |
| No. of Shares | 181,838,000 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
10. Ordinary Resolution 8 (Second Tier) |
||
| Description |
CONTINUING IN OFFICE AS INDEPENDENT NON-EXECUTIVE DIRECTORS ii) THAT approval be and is hereby given to Ms. Toh Jyh Wei, who has served as an Independent Non-Executive Director of the Company for more than nine (9) years, to continue to act as an Independent Non-Executive Director of the Company until the conclusion of the next Annual General Meeting. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 175 | 23 |
| No. of Shares | 34,415,028 | 27,131 |
| % of Voted Shares | 99.9200 | 0.0800 |
| Result | Accepted | |
11. Ordinary Resolution 9 (First Tier) |
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| Description |
CONTINUING IN OFFICE AS INDEPENDENT NON-EXECUTIVE DIRECTORS (iii) THAT subject to the passing of Ordinary Resolution 4, approval be and is hereby given to Mr. Ng Soon Lai @ Ng Siek Chuan, who has served as an Independent Non-Executive Director of the Company for more than nine (9) years, to continue to act as an Independent Non-Executive Director of the Company until the conclusion of the next Annual General Meeting. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 5 | 0 |
| No. of Shares | 181,838,000 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
12. Ordinary Resolution 9 (Second Tier) |
||
| Description |
CONTINUING IN OFFICE AS INDEPENDENT NON-EXECUTIVE DIRECTORS (iii) THAT subject to the passing of Ordinary Resolution 4, approval be and is hereby given to Mr. Ng Soon Lai @ Ng Siek Chuan, who has served as an Independent Non-Executive Director of the Company for more than nine (9) years, to continue to act as an Independent Non-Executive Director of the Company until the conclusion of the next Annual General Meeting. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 174 | 24 |
| No. of Shares | 34,414,853 | 27,306 |
| % of Voted Shares | 99.9200 | 0.0800 |
| Result | Accepted | |
13. Ordinary Resolution 10 |
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| Description |
PROPOSED RENEWAL OF AUTHORITY FOR THE COMPANY TO PURCHASE ITS OWN SHARES OF UP TO 10% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF THE COMPANY (PROPOSED SHARE BUY-BACK). Proposed renewal of authority for the Company to purchase its own shares |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 185 | 17 |
| No. of Shares | 216,238,287 | 19,972 |
| % of Voted Shares | 99.9900 | 0.0100 |
| Result | Accepted | |
Please refer attachment below.
| Company Name | ELK-DESA RESOURCES BERHAD |
| Stock Name | ELKDESA |
| Date Announced | 18 Aug 2023 |
| Category | General Meeting |
| Reference Number | GMA-15082023-00002 |
| Corporate Action ID | MY230815MEET0002 |
Attachments
