BURSA ANNOUNCEMENTS

Date : 14 September 2021

GENERAL MEETINGS: Outcome of Meeting

SUNWAY BERHAD

Type of Meeting General
Indicator Outcome of Meeting
Date of Meeting 14 Sep 2021
Time 02:00 PM

Venue(s)
Online meeting platform at www.sunwaymanagement.com.my

hosted by Sunway Management Sdn Bhd, the Share Registrar

of Sunway Berhad

Malaysia

Outcome of Meeting

The Board of Directors of Sunway Berhad (“Sunway”) is pleased to announce that all resolutions as set out in the Notice of the Postponed 11th Annual General Meeting (“11th AGM”) dated 16 August 2021 were duly passed by the shareholders of Sunway at the 11th AGM held virtually today.

 

All the resolutions were voted by way of poll via Remote Participation and Voting Facility and the results of the poll were validated by BDO Consulting Sdn Bhd, the independent scrutineer appointed by Sunway.

 

Please refer to the attachment for the poll results.

 

This announcement is dated 14 September 2021.


Voting Results


1. Ordinary Resolution 1

Description
To approve the payment of Directors' fees amounting to RM840,655.74 for the financial year ended 31 December 2020.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 144 59
No. of Shares 3,953,317,817 292,257
% of Voted Shares 99.9926 0.0074
Result Accepted

2. Ordinary Resolution 2

Description
To approve the proposed increase of the Board Committees' fees to RM88,877.09 and the payment of the said fees for the financial year ended 31 December 2020.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 126 76
No. of Shares 3,953,168,060 432,965
% of Voted Shares 99.9890 0.0110
Result Accepted

3. Ordinary Resolution 3

Description
To approve the payment of benefits payable to the Non-Executive Directors of up to an amount of RM600,000.00 from the next day of the Postponed 11th AGM until the conclusion of the next AGM of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 131 71
No. of Shares 3,951,663,277 1,938,169
% of Voted Shares 99.9510 0.0490
Result Accepted

4. Ordinary Resolution 4

Description
To re-elect Tan Sri Dato' Seri Dr Jeffrey Cheah Fook Ling who retires by rotation pursuant to Clause 106(1) of the Company's Constitution and being eligible, offers himself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 181 23
No. of Shares 3,817,082,075 655,925
% of Voted Shares 99.9828 0.0172
Result Accepted

5. Ordinary Resolution 5

Description
To re-elect Dato' Sri Idris Jala who retires by rotation pursuant to Clause 106(1) of the Company's Constitution and being eligible, offers himself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 169 34
No. of Shares 3,953,363,849 240,812
% of Voted Shares 99.9939 0.0061
Result Accepted

6. Ordinary Resolution 6

Description
To re-elect Tan Sri Datuk Dr Rebecca Fatima Sta Maria who retires by rotation pursuant to Clause 106(1) of the Company's Constitution and being eligible, offers herself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 165 37
No. of Shares 3,953,450,718 148,162
% of Voted Shares 99.9963 0.0037
Result Accepted

7. Ordinary Resolution 7

Description
To re-elect Datuk Tong Poh Keow who retires pursuant to Clause 89 of the Company's Constitution and being eligible, offers herself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 170 33
No. of Shares 3,953,390,138 214,523
% of Voted Shares 99.9946 0.0054
Result Accepted

8. Ordinary Resolution 8

Description
To re-elect Tan Sri Jamaludin Bin Ibrahim who retires pursuant to Clause 89 of the Company's Constitution and being eligible, offers himself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 166 35
No. of Shares 3,953,466,794 126,818
% of Voted Shares 99.9968 0.0032
Result Accepted

9. Ordinary Resolution 9

Description
To re-appoint Messrs BDO PLT as Auditors of the Company to hold office until the conclusion of the next AGM and to authorise the Directors to fix their remuneration.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 180 23
No. of Shares 3,953,470,880 99,302
% of Voted Shares 99.9975 0.0025
Result Accepted

10. Ordinary Resolution 10

Description
Authority to Issue Shares pursuant to Sections 75 and 76 of the Companies Act 2016.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 161 41
No. of Shares 3,914,583,685 38,984,151
% of Voted Shares 99.0140 0.9861
Result Accepted

11. Ordinary Resolution 11

Description
Proposed Renewal of Shareholders' Mandate and Proposed New Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 168 35
No. of Shares 874,267,640 128,506
% of Voted Shares 99.9853 0.0147
Result Accepted

12. Ordinary Resolution 12

Description
Proposed renewal of the authority for Directors to allot and issue new ordinary shares in the Company ("Sunway Shares") in relation to the Dividend Reinvestment Scheme that provides the shareholders of the Company with the option to elect to reinvest their cash dividend entitlements in Sunway Shares.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 166 36
No. of Shares 3,953,329,246 270,213
% of Voted Shares 99.9932 0.0068
Result Accepted

13. Special Resolution 1

Description
Proposed Amendments to the Company's Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 171 31
No. of Shares 3,953,382,326 211,250
% of Voted Shares 99.9947 0.0053
Result Accepted



Please refer attachment below.




Announcement Info

Company Name SUNWAY BERHAD
Stock Name SUNWAY
Date Announced 14 Sep 2021
Category General Meeting
Reference Number GMA-07092021-00007
Corporate Action ID MY210907MEET0006


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