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General Meetings: Outcome Of Meeting
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 13 Jun 2023 |
| Time | 10:00 AM |
| Venue(s) | Level 12, Menara Symphony No. 5, Jalan Prof. Khoo Kay Kim Seksyen 13 46200 Petaling Jaya, Selangor Malaysia |
| Outcome of Meeting |
We refer to Reach Energy Berhad ("REB" or "the Company")'s announcement dated 27 April 2023 in relation to the Notice of the Tenth Annual General Meeting ("10th AGM"). On behalf of the Board of Directors of REB, we are pleased to announce that the shareholders of REB had approved all the resolutions referred to in the Notice of the 10th AGM dated 28 April 2023 by way of poll via remote participation and electronic voting at the 10th AGM of REB held today, Tuesday, 13 June 2023 at 10.00 a.m. at the broadcast venue of 12th Floor, Menara Symphony, No. 5, Jalan Prof. Khoo Kay Kim, Seksyen 13, 46200 Petaling Jaya, Selangor. The results were validated by the Independent Scrutineer, Boardroom Corporate Services Sdn. Bhd.. |
Voting Results |
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1. Resolution 1 |
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| Description | To re-elect Encik Yusoff Bin Hassan, who retires by rotation pursuant to Clause 89 of the Constitution of the Company. | |
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 66 | 30 |
| No. of Shares | 1,129,509,567 | 2,480,261 |
| % of Voted Shares | 99.7809 | 0.2191 |
| Result | Accepted | |
2. Resolution 2 |
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| Description | To re-elect Mr. Cheung Hung, who retires pursuant to Clause 94 of the Constitution of the Company. | |
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 69 | 27 |
| No. of Shares | 1,130,033,067 | 1,956,761 |
| % of Voted Shares | 99.8271 | 0.1729 |
| Result | Accepted | |
3. Resolution 3 |
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| Description | To re-elect Mr. Chow Hiu Tung, who retires pursuant to Clause 94 of the Constitution of the Company. | |
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 63 | 27 |
| No. of Shares | 1,129,993,567 | 1,952,161 |
| % of Voted Shares | 99.8275 | 0.1725 |
| Result | Accepted | |
4. Resolution 4 |
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| Description | To re-elect Mr. Tse Man Yin, who retires pursuant to Clause 94 of the Constitution of the Company. | |
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 64 | 26 |
| No. of Shares | 1,129,996,267 | 1,949,461 |
| % of Voted Shares | 99.8278 | 0.1722 |
| Result | Accepted | |
5. Resolution 5 |
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| Description | To approve the proposed payment of Directors fees amounting to RM400,000 in respect of the financial year ending 31 December 2023, to be made payable quarterly. | |
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 45 | 43 |
| No. of Shares | 1,075,786,787 | 2,216,031 |
| % of Voted Shares | 99.7944 | 0.2056 |
| Result | Accepted | |
6. Resolution 6 |
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| Description | To approve the payment of Directors benefits (other than Directors fees) up to an amount of RM300,000 for the period from 1 January 2023 until the conclusion of the next Annual General Meeting of the Company, to be made payable quarterly. | |
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 43 | 45 |
| No. of Shares | 1,075,285,787 | 2,717,031 |
| % of Voted Shares | 99.7480 | 0.2520 |
| Result | Accepted | |
7. Resolution 7 |
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| Description | To re-appoint PricewaterhouseCoopers PLT (LLP0014401-LCA & AF1146) as the Companys Auditors and to authorise the Board of Directors to determine their remuneration. | |
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 70 | 20 |
| No. of Shares | 1,130,011,167 | 1,934,561 |
| % of Voted Shares | 99.8291 | 0.1709 |
| Result | Accepted | |
8. Resolution 8 |
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| Description | Authority for Directors to issue and allot shares in the Company pursuant to Section 75 and 76 of the Companies Act, 2016 | |
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 60 | 30 |
| No. of Shares | 1,129,990,417 | 1,955,311 |
| % of Voted Shares | 99.8273 | 0.1727 |
| Result | Accepted | |
Please refer attachment below.
Announcement Info
| Company Name | REACH ENERGY BERHAD |
| Stock Name | REACH |
| Date Announced | 13 Jun 2023 |
| Category | General Meeting |
| Reference Number | GMA-13062023-00005 |
| Corporate Action ID | MY230613MEET0005 |
Attachments
- REB_-_Poll_Result_AGM_2023.pdf (Size: 427,517 bytes)