GENERAL MEETINGS: Outcome of Meeting
| WMG HOLDINGS BERHAD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 26 Aug 2025 |
| Time | 09:00 AM |
| Venue(s) |
Wisma WMG, Ground Floor, Lot 1 & 2, Jalan Indah Jaya, Taman Indah Jaya, Jalan Lintas Selatan, 90000 Sandakan, Sabah Malaysia |
| Outcome of Meeting | The Board of Directors of WMG Holdings Bhd. ("WMG" or "the Company") wishes to announce that all of the resolutions as set out in the Notice of Tenth Annual General Meeting ("10th AGM") dated 28 July 2025 were duly passed by the shareholders by way of poll voting at the 10th AGM held today. The details of the poll results are set out below.
The results of the poll were validated by Propoll Solutions Sdn. Bhd., the Independent Scrutineer appointed by the Company.
This announcement is dated 26 August 2025. |
Voting Results |
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1. Ordinary Resolution 1 |
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| Description |
Approval of the following payment to Non-Executive Directors:- 1) Directors' fees Payment of Non-Executive Directors' fees for an amount of up to RM127,200.00 payable to Non-Executive Directors for the financial period from 1 January 2024 to 31 March 2025. 2) Directors' benefit (excluding Directors' fees) Payment of Non-Executive Directors' benefit (excluding Directors' fees) for an amount of up to RM16,000.00 payable to Non-Executive Directors for the financial period from 1 January 2024 to 31 March 2025. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 10 | 0 |
| No. of Shares | 607,758,152 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
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| Description |
Approval of the following payment to Non-Executive Directors:- 1) Directors' fees Payment of Non-Executive Directors' fees for an amount of up to RM429,600.00 payable to Non-Executive Directors on a monthly basis for the period from 1 April 2025 until the next Annual General Meeting of the Company. 2) Directors' benefit (excluding Directors' fees) Payment of Non-Executive Directors' benefit (excluding Directors' fees) for an amount of up to RM71,000.00 payable to Non-Executive Directors for the period from 1 April 2025 until the next AGM of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 10 | 0 |
| No. of Shares | 607,758,152 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
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| Description |
Re-election of Datuk Christopher Chin Soo Yin as Director pursuant to Clause 103 of the Company's Constitution. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 10 | 0 |
| No. of Shares | 607,758,152 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
4. Ordinary Resolution 4 |
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| Description |
Re-election of Ms. Aun Siew Kuan as Director pursuant to Clause 103 of the Company's Constitution. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 10 | 0 |
| No. of Shares | 607,758,152 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
5. Ordinary Resolution 5 |
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| Description |
Re-election of Mr. Yap Yen Chien as Director pursuant to Clause 103 of the Company's Constitution. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 0 | 0 |
| No. of Shares | 607,758,152 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
6. Ordinary Resolution 6 |
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| Description |
Re-election of Mr. Kong Chung Vui as Director pursuant to Clause 103 of the Company's Constitution. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 9 | 0 |
| No. of Shares | 456,007,068 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
7. Ordinary Resolution 7 |
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| Description |
Re-election of Mr. Paramjit Singh Gill A/L Gurdev Singh as Director pursuant to Clause 103 of the Company's Constitution. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 10 | 0 |
| No. of Shares | 607,758,152 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
8. Ordinary Resolution 8 |
||
| Description |
Re-election of Ms. Lita as Director pursuant to Clause 103 of the Company's Constitution. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 0 | 0 |
| No. of Shares | 607,758,152 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
9. Ordinary Resolution 9 |
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| Description |
Re-appointment of Messrs. Ernst & Young PLT as the Auditors of the Company for the ensuing year and to authorise the Directors to fix their remuneration. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 10 | 0 |
| No. of Shares | 607,758,152 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
10. Ordinary Resolution 10 |
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| Description |
Authority to allot and issue shares pursuant to the Companies Act 2016. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 10 | 0 |
| No. of Shares | 607,758,152 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
11. Special Resolution |
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| Description |
Proposed Change of Name of the Company from "WMG Holdings Bhd." to "BEDI Berhad". |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 10 | 0 |
| No. of Shares | 607,758,152 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
Please refer attachment below.
Announcement Info
| Company Name | WMG HOLDINGS BERHAD |
| Stock Name | WMG |
| Date Announced | 26 Aug 2025 |
| Category | General Meeting |
| Reference Number | GMA-22082025-00004 |
| Corporate Action ID | MY250822MEET0004 |