Founded in 1987, Econpile is a leading specialist with a solid reputation for performance and capacity in the field of deep foundation in Malaysia. We draw on over 30 years of construction experience to offer our clients a wide range of deep foundation solutions as well as a full spectrum of time and cost efficient design-build solutions.
Bursa Announcements
Date : 29 November 2021
GENERAL MEETINGS: Outcome of Meeting
ECONPILE HOLDINGS BERHAD
Type of Meeting
General
Indicator
Outcome of Meeting
Date of Meeting
29 Nov 2021
Time
10:00 AM
Venue(s)
Broadcast Venue
Meeting Room, Level 8, Tower Block,
Plaza Dwitasik, Jalan Sri Permaisuri,
Bandar Sri Permaisuri, 56000 Kuala Lumpur,
Malaysia
Outcome of Meeting
The Board of Directors of Econpile Holdings Berhad ("the Company") is pleased to announce that all the resolutions set out in the Notice of the Ninth Annual General Meeting ("9th AGM") dated 29 October 2021 were duly passed by way of poll at the 9th AGM of the Company.
The results of the poll were verified by Asia Securities Sdn Berhad, the Independent Scrutineers appointed by the Company.
This announcement is dated 29 November 2021.
Voting Results
1. Ordinary Resolution 1
Description
To approve the payment of Directors' fees of RM77,000 to Mr Krishnan A/L C K Menon, the Independent Non-Executive Director for the financial year ending 30 June 2022.
Shareholder’s Action
For Voting
Voted
For
Against
No. of Shareholders
123
16
No. of Shares
934,592,328
415,185
% of Voted Shares
99.9556
0.0444
Result
Accepted
2. Ordinary Resolution 2
Description
To approve the payment of Directors' fees of RM63,000 to Dato' Rosli Bin Mohamed Nor, the Independent Non-Executive Director for the financial year ending 30 June 2022.
Shareholder’s Action
For Voting
Voted
For
Against
No. of Shareholders
123
17
No. of Shares
934,842,326
415,187
% of Voted Shares
99.9556
0.0444
Result
Accepted
3. Ordinary Resolution 3
Description
To approve the payment of Directors' fees of RM54,500 to Ms Ong Poay Wah @ Chan Poay Wah, the Independent Non-Executive Director for the financial year ending 30 June 2022.
Shareholder’s Action
For Voting
Voted
For
Against
No. of Shareholders
124
15
No. of Shares
933,342,428
415,085
% of Voted Shares
99.9555
0.0445
Result
Accepted
4. Ordinary Resolution 4
Description
To approve the payment of Directors' benefits of up to RM120,000 from the date of the forthcoming Annual General Meeting until the next Annual General Meeting of the Company.
Shareholder’s Action
For Voting
Voted
For
Against
No. of Shareholders
108
21
No. of Shares
309,338,601
426,882
% of Voted Shares
99.8622
0.1378
Result
Accepted
5. Ordinary Resolution 5
Description
To re-elect Dato' Rosli Bin Mohamed Nor who is retiring in accordance with Clause 76(3) of the Constitution of the Company.
Shareholder’s Action
For Voting
Voted
For
Against
No. of Shareholders
127
16
No. of Shares
934,886,123
388,140
% of Voted Shares
99.9585
0.0415
Result
Accepted
6. Ordinary Resolution 6
Description
To re-elect Ms Ong Poay Wah @ Chan Poay Wah who is retiring in accordance with Clause 76(3) of the Constitution of the Company.
Shareholder’s Action
For Voting
Voted
For
Against
No. of Shareholders
133
11
No. of Shares
934,899,928
384,335
% of Voted Shares
99.9589
0.0411
Result
Accepted
7. Ordinary Resolution 7
Description
To re-appoint KPMG PLT as Auditors of the Company for the ensuing year and to authorise the Board of Directors to fix their remuneration.
Shareholder’s Action
For Voting
Voted
For
Against
No. of Shareholders
133
11
No. of Shares
934,905,428
378,835
% of Voted Shares
99.9595
0.0405
Result
Accepted
8. Ordinary Resolution 8
Description
Authority to Allot and Issue Shares pursuant to Sections 75 and 76 of the Companies Act 2016.
