GENERAL MEETINGS: Outcome of Meeting

SPRING ART HOLDINGS BERHAD

Type of Meeting General
Indicator Outcome of Meeting
Date of Meeting 29 Jun 2020
Time 11:00 AM

Venue(s)
Broadcast Venue at Tricor Leadership Room

Unit 32-01 Level 32 Tower A Vertical Business Suite Avenue 3

Bangsar South No. 8 Jalan Kerinchi

59200 Kuala Lumpur

Malaysia

Outcome of Meeting

The Board of Directors of SPRING ART HOLDINGS BERHAD is pleased to announce that the shareholders of the Company had at the AGM held this morning, passed by way of poll all the resolutions as set out in the notice of AGM dated 29 May 2020.

 

The results of the poll were validated by the Independent Scrutineer, SC Lim, Ng & Co..

 

This announcement is dated 29 June 2020.


Voting Results


1. Ordinary Resolution 1

Description
To approve the payment of Directors' fees and allowances for the financial year ended 31 December 2019.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 17 1
No. of Shares 298,027,100 8,100
% of Voted Shares 99.9973 0.0027
Result Accepted

2. Ordinary Resolution 2

Description
To approve the payment of Directors' fees and allowances up toRM1.5 million for the financial year ending 31 December 2020 payable monthly in arrears after each month of completed service of the Directors during the subject financial year.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 17 1
No. of Shares 298,027,100 8,100
% of Voted Shares 99.9973 0.0027
Result Accepted

3. Ordinary Resolution 3

Description
To re-elect Haji Ismail Bin Tunggak, the Director who retire in accordance with Clause 90 of the Company's Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 18 0
No. of Shares 298,035,200 0
% of Voted Shares 100.0000 0.0000
Result Accepted

4. Ordinary Resolution 4

Description
To re-elect Lim Kok Eng, the Director who retire in accordance with Clause 90 of the Company's Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 18 0
No. of Shares 298,035,200 0
% of Voted Shares 100.0000 0.0000
Result Accepted

5. Ordinary Resolution 5

Description
To re-appoint Messrs Grant Thornton Malaysia PLT as Auditors of the Company and to authorize the Directors to fix their remuneration.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 18 0
No. of Shares 298,035,200 0
% of Voted Shares 100.0000 0.0000
Result Accepted

6. Ordinary Resolution 6

Description
Proposed authority to Directors to allot and issue shares pursuant to Section 75 of the Companies Act 2016.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 17 1
No. of Shares 298,035,150 50
% of Voted Shares 99.9999 0.0001
Result Accepted






Announcement Info

Company Name SPRING ART HOLDINGS BERHAD
Stock Name SPRING
Date Announced 29 Jun 2020
Category General Meeting
Reference Number GMA-25062020-00044
Corporate Action ID MY200625MEET0042