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 : 26 November 2020
GENERAL MEETINGS: Outcome of Meeting
ECONPILE HOLDINGS BERHAD
Type of Meeting
General
Indicator
Outcome of Meeting
Date of Meeting
26 Nov 2020
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 Eighth Annual General Meeting ("8th AGM") dated 26 October 2020 were duly passed by way of poll at the 8th 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 26 November 2020.
Voting Results
1. Ordinary Resolution 1
Description
To approve the payment of Directors' fees of RM194,500 for the financial year ending 30 June 2021 to be paid in arrears.
Shareholder’s Action
For Voting
Voted
For
Against
No. of Shareholders
126
12
No. of Shares
890,435,894
58,853
% of Voted Shares
99.9934
0.0066
Result
Accepted
2. Ordinary Resolution 2
Description
To approve the payment of Directors' benefits of up to RM100,000 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
117
11
No. of Shares
266,690,864
53,853
% of Voted Shares
99.9798
0.0202
Result
Accepted
3. Ordinary Resolution 3
Description
To re-elect Mr The Cheng Eng 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
136
5
No. of Shares
892,255,994
753
% of Voted Shares
99.9999
0.0001
Result
Accepted
4. Ordinary Resolution 4
Description
To re-elect Mr Pang Sar 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
136
5
No. of Shares
892,255,994
753
% of Voted Shares
99.9999
0.0001
Result
Accepted
5. Ordinary Resolution 5
Description
To re-appoint KPMG PLT as the Auditors of the Company and to authorise the Board of Directors to fix their remuneration.
Shareholder’s Action
For Voting
Voted
For
Against
No. of Shareholders
137
4
No. of Shares
892,256,494
253
% of Voted Shares
99.9999
0.0000
Result
Accepted
6. Ordinary Resolution 6
Description
Authority to Allot and Issue Shares pursuant to Sections 75 and 76 of the Companies Act 2016