| Company Name | : | FAVELLE FAVCO BERHAD |
| Stock Name | : | FAVCO |
| Date Announced | : | 22 Jun 2022 |
| Category | : | General Meeting |
| Reference Number | : | GMA-22062022-00010 |
| Corporate Action ID | : | MY220622MEET0010 |
GENERAL MEETINGS: Outcome of Meeting
FAVELLE FAVCO BERHAD
|
Type of Meeting |
Extraordinary |
|
Indicator |
Outcome of Meeting |
|
Date of Meeting |
22 Jun 2022 |
|
Time |
11:30 AM |
|
Venue(s) |
TIIH Online website at https://tiih.online
as provided by Tricor Investor & Issuing House Services Sdn. Bhd. ("Tricor") Malaysia |
|
Outcome of Meeting |
On behalf of the Board of Directors of Favelle Favco Berhad ("FFB"), we are pleased to announce that at the Extraordinary General Meeting ("EGM") of FFB held on 22 June 2022, the shareholders of FFB had approved the resolutions referred to in the Notice of FFB dated 7 June 2022.
All the resolutions were determined by way of poll and the results of the poll were validated by Coopers Professional Scrutineers Sdn Bhd, the Independent Scrutineer appointed by the Company.
This announcement is dated 22 June 2022. |
|
Voting Results |
||
|
1. Ordinary Resolution 1 |
||
|
Description |
PROPOSED ESTABLISHMENT OF A NEW EMPLOYEES SHARE ISSUANCE SCHEME OF UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES IN FFB (EXCLUDING TREASURY SHARES) AT ANY ONE TIME DURING THE DURATION OF THE EMPLOYEES SHARE ISSUANCE SCHEME ("PROPOSED SIS") |
|
|
Shareholder’s Action |
For Voting |
|
|
Voted |
For |
Against |
|
No. of Shareholders |
186 |
71 |
|
No. of Shares |
178,721,804 |
385,276 |
|
% of Voted Shares |
99.7849 |
0.2151 |
|
Result |
Accepted |
|
|
2. Ordinary Resolution 2 |
||
|
Description |
PROPOSED GRANTING OF SIS OPTIONS AND SGP AWARDS TO MAC CHUNG HUI |
|
|
Shareholder’s Action |
For Voting |
|
|
Voted |
For |
Against |
|
No. of Shareholders |
168 |
76 |
|
No. of Shares |
21,557,099 |
388,725 |
|
% of Voted Shares |
98.2287 |
1.7713 |
|
Result |
Accepted |
|
|
3. Ordinary Resolution 3 |
||
|
Description |
PROPOSED GRANTING OF SIS OPTIONS AND SGP AWARDS TO MAC NGAN BOON @ MAC YIN BOON |
|
|
Shareholder’s Action |
For Voting |
|
|
Voted |
For |
Against |
|
No. of Shareholders |
168 |
75 |
|
No. of Shares |
21,557,099 |
388,525 |
|
% of Voted Shares |
98.2296 |
1.7704 |
|
Result |
Accepted |
|
|
4. Ordinary Resolution 4 |
||
|
Description |
PROPOSED GRANTING OF SIS OPTIONS AND SGP AWARDS TO LEE POH KWEE |
|
|
Shareholder’s Action |
For Voting |
|
|
Voted |
For |
Against |
|
No. of Shareholders |
180 |
74 |
|
No. of Shares |
175,803,380 |
387,700 |
|
% of Voted Shares |
99.7800 |
0.2200 |
|
Result |
Accepted |
|
|
5. Ordinary Resolution 5 |
||
|
Description |
PROPOSED GRANTING OF SIS OPTIONS AND SGP AWARDS TO MAZLAN BIN ABDUL HAMID |
|
|
Shareholder’s Action |
For Voting |
|
|
Voted |
For |
Against |
|
No. of Shareholders |
178 |
76 |
|
No. of Shares |
175,029,480 |
1,197,300 |
|
% of Voted Shares |
99.3206 |
0.6794 |
|
Result |
Accepted |
|