GENERAL MEETINGS: Outcome of Meeting
| WCE HOLDINGS BERHAD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 26 Aug 2025 |
| Time | 02:30 PM |
| Venue(s) |
Zamrud Room 1, Block 1 The Saujana Hotel Kuala Lumpur Jalan Lapangan Terbang SAAS 40150 Shah Alam, Selangor Darul Ehsan Malaysia |
| Outcome of Meeting | The Board of Directors of WCE Holdings Berhad ("the Company") wishes to announce that all the resolutions set out in the Notice of the Twenty-Fourth Annual General Meeting ("24th AGM") dated 24 July 2025 were duly passed by the shareholders of the Company by way of poll at the 24th AGM held at Zamrud Room 1, Block 1, The Saujana Hotel Kuala Lumpur, Jalan Lapangan Terbang SAAS, 40150 Shah Alam, Selangor Darul Ehsan on Tuesday, 26 August 2025.
The results of the poll were validated by Symphony Corporate Services Sdn Bhd, the Scrutineer appointed by the Company.
The results of the poll of the 24th AGM of the Company are attached herewith. |
Voting Results |
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1. Ordinary Resolution 1 |
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| Description |
To approve the payment of the Directors' fees of RM1,341,000.00 for the financial year ended 31 March 2025. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 36 | 14 |
| No. of Shares | 2,196,817,617 | 665,140 |
| % of Voted Shares | 99.9697 | 0.0303 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
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| Description |
To approve the payment of Directors' Benefits of up to RM120,000.00 for the period from the Twenty-Fourth Annual General Meeting until the Twenty-Fifth Annual General Meeting. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 32 | 22 |
| No. of Shares | 2,196,856,367 | 161,790 |
| % of Voted Shares | 99.9926 | 0.0074 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
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| Description |
To re-elect the Director, Datuk Oh Chong Peng, who is retiring by rotation pursuant to Clause 76(3) of the Constitution of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 37 | 14 |
| No. of Shares | 2,184,045,508 | 13,413,437 |
| % of Voted Shares | 99.3896 | 0.6104 |
| Result | Accepted | |
4. Ordinary Resolution 4 |
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| Description |
To re-elect the Director, Dato' Lee Chun Fai, who is retiring by rotation pursuant to Clause 76(3) of the Constitution of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 34 | 12 |
| No. of Shares | 2,195,154,236 | 2,148,359 |
| % of Voted Shares | 99.9022 | 0.0978 |
| Result | Accepted | |
5. Ordinary Resolution 5 |
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| Description |
To re-appoint Messrs Baker Tilly Monterio Heng PLT as Auditors of the Company and to authorise the Directors to fix their remuneration. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 33 | 8 |
| No. of Shares | 2,196,435,455 | 73,290 |
| % of Voted Shares | 99.9967 | 0.0033 |
| Result | Accepted | |
6. Ordinary Resolution 6 (FIRST TIER) |
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| Description |
Proposed continuation of Datuk Ir. Hamzah Bin Hasan in office as Independent Non-Executive Director. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 1 | 0 |
| No. of Shares | 928,790,160 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
7. Ordinary Resolution 6 (SECOND TIER) |
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| Description |
Proposed continuation of Datuk Ir. Hamzah Bin Hasan in office as Independent Non-Executive Director. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 30 | 13 |
| No. of Shares | 1,265,774,973 | 1,905,112 |
| % of Voted Shares | 99.8497 | 0.1503 |
| Result | Accepted | |
8. Ordinary Resolution 7 |
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| Description |
Authority to allot shares pursuant to Sections 75 and 76 of the Companies Act 2016. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 28 | 14 |
| No. of Shares | 2,189,048,555 | 7,834,740 |
| % of Voted Shares | 99.6434 | 0.3566 |
| Result | Accepted | |
9. Ordinary Resolution 8 |
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| 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 | 36 | 5 |
| No. of Shares | 1,267,046,905 | 623,180 |
| % of Voted Shares | 99.9508 | 0.0492 |
| Result | Accepted | |
Please refer attachment below.
Announcement Info
| Company Name | WCE HOLDINGS BERHAD |
| Stock Name | WCEHB |
| Date Announced | 26 Aug 2025 |
| Category | General Meeting |
| Reference Number | GMA-26082025-00005 |
| Corporate Action ID | MY250826MEET0005 |