| WILLOWGLEN MSC BERHAD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 21 May 2025 |
| Time | 10:00 AM |
| Venue(s) |
The Royal Selangor Golf Club, Banquet Hall,
Jalan Kelab Golf, Off Jalan Tun Razak,
55000 Kuala Lumpur,
Wilayah Persekutuan, Malaysia
|
| Outcome of Meeting |
The Board of Directors of Willowglen MSC Berhad (“the Company”) wishes to announce that all resolutions as set out in the Notice of the Twenty-Seventh Annual General Meeting ("27th AGM") of the Company dated 22 April 2025 were duly passed by the shareholders of the Company at the 27th AGM held today.
All the resolutions were voted by poll and the results of the poll were validated by SKY Corporate Services Sdn. Bhd., the Independent Scrutineer appointed by the Company. The details of the poll results are set out below.
This announcement is dated 21 May 2025. |
Voting Results |
||
1. Resolution 1 |
||
| Description |
To re-elect Au Chun Choong, who is due to retire by rotation in accordance with Clause 124 of the Company's Constitution and being eligible, has offered himself for re-election. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 38 | 5 |
| No. of Shares | 310,105,114 | 24,500 |
| % of Voted Shares | 99.9921 | 0.0079 |
| Result | Accepted | |
2. Resolution 2 |
||
| Description |
To re-elect Tan Jun, who is due to retire by rotation in accordance with Clause 124 of the Company's Constitution and being eligible, has offered herself for re-election. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 39 | 4 |
| No. of Shares | 310,105,214 | 24,400 |
| % of Voted Shares | 99.9921 | 0.0079 |
| Result | Accepted | |
3. Resolution 3 |
||
| Description |
To re-elect Teh Chee Hoe, who is due to retire by rotation in accordance with Clause 124 of the Company's Constitution and being eligible, has offered himself for re-election. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 39 | 4 |
| No. of Shares | 310,105,214 | 24,400 |
| % of Voted Shares | 99.9921 | 0.0079 |
| Result | Accepted | |
4. Resolution 4 |
||
| Description |
To approve the payment of Directors' fees amounting to RM199,000.00 for the financial year ended 31 December 2024. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 36 | 5 |
| No. of Shares | 306,453,014 | 24,500 |
| % of Voted Shares | 99.9920 | 0.0080 |
| Result | Accepted | |
5. Resolution 5 |
||
| Description |
To approve the payment of Directors' benefits to the Independent Non-Executive Directors up to RM45,000.00 from a day after the Twenty-Seventh Annual General Meeting ("AGM") until the date of the next AGM of the Company in the year 2026. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 37 | 6 |
| No. of Shares | 310,105,014 | 24,600 |
| % of Voted Shares | 99.9921 | 0.0079 |
| Result | Accepted | |
6. Resolution 6 |
||
| Description |
To re-appoint Messrs. Baker Tilly Monteiro Heng PLT as Auditors of the Company until the conclusion of the next AGM and authorise the Directors to fix their remuneration. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 43 | 0 |
| No. of Shares | 310,129,614 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
7. Resolution 7 (Tier 1) |
||
| Description |
Retention of Au Chun Choong as an Independent Non-Executive Director. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 1 | 0 |
| No. of Shares | 267,605,214 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
8. Resolution 7 (Tier 2) |
||
| Description |
Retention of Au Chun Choong as an Independent Non-Executive Director. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 36 | 6 |
| No. of Shares | 42,499,800 | 24,600 |
| % of Voted Shares | 99.9422 | 0.0578 |
| Result | Accepted | |
9. Resolution 8 |
||
| Description |
Authority to Issue Shares pursuant to the Companies Act 2016. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 38 | 5 |
| No. of Shares | 310,105,114 | 24,500 |
| % of Voted Shares | 99.9921 | 0.0079 |
| Result | Accepted | |
10. Resolution 9 |
||
| Description |
Proposed Renewal of Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 30 | 4 |
| No. of Shares | 32,676,000 | 24,400 |
| % of Voted Shares | 99.9254 | 0.0746 |
| Result | Accepted | |
11. Resolution 10 |
||
| Description |
Proposed Renewal of Share Buy-Back Authority for the Company to purchase its own ordinary shares up to 10% of the total number of Issued Shares of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 40 | 3 |
| No. of Shares | 310,111,214 | 18,400 |
| % of Voted Shares | 99.9941 | 0.0059 |
| Result | Accepted | |
Announcement Info
| Company Name | WILLOWGLEN MSC BERHAD |
| Stock Name | WILLOW |
| Date Announced | 21 May 2025 |
| Category | General Meeting |
| Reference Number | GMA-21052025-00019 |
| Corporate Action ID | MY250521MEET0020 |
Company Name:
Willowglen MSC Berhad
Stock Name:
Willow
Date:
21st May 2025