GENERAL MEETINGS: Outcome of Meeting
| ELSOFT RESEARCH BERHAD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 29 May 2025 |
| Time | 02:30 PM |
| Venue(s) |
Conference Hall of the Company Plot 85B, Lintang Bayan Lepas 9 Bayan Lepas Industrial Park, Phase 4 11900 Pulau Pinang Malaysia |
| Outcome of Meeting | The Board of Directors of Elsoft Research Berhad (“the Company”) wishes to announce that all the resolutions as set out in the Notice of 22nd Annual General Meeting ("AGM") dated 29 April 2025 were duly approved by way of poll at the 22nd AGM of the Company held on 29 May 2025. The independent scrutineer appointed for the verification of the poll results is Messrs. Commercial Quest Sdn. Bhd. The details of the results of the poll are set out in the attachment. This announcement is dated 29 May 2025. |
Voting Results |
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1. Ordinary Resolution 1 |
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| Description |
To approve the payment of Directors' fees of not exceeding RM350,000.00 to the Non-Executive Directors for the financial year ending 31 December 2025. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 34 | 6 |
| No. of Shares | 311,073,664 | 151,980 |
| % of Voted Shares | 99.9512 | 0.0488 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
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| Description |
To re-elect Mr. Tan Cheik Eaik as Director of the Company, who retire pursuant to Article 18.3 of the Company's Constitution and being eligible, has offered himself for re-election. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 44 | 4 |
| No. of Shares | 380,873,162 | 16,480 |
| % of Voted Shares | 99.9957 | 0.0043 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
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| Description |
To re-elect Mr. Tan Ah Lek as Director of the Company, who retire pursuant to Article 18.3 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 | 41 | 5 |
| No. of Shares | 380,856,962 | 32,480 |
| % of Voted Shares | 99.9915 | 0.0085 |
| Result | Accepted | |
4. Ordinary Resolution 4 |
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| Description |
To re-appoint Messrs. BDO PLT as Auditors of the Company until the conclusion of the next annual general meeting and to authorise the Directors to fix their remuneration. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 43 | 1 |
| No. of Shares | 380,887,882 | 480 |
| % of Voted Shares | 99.9999 | 0.0001 |
| Result | Accepted | |
5. Ordinary Resolution 5 |
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| Description |
Authority under Sections 75 and 76 of the Companies Act, 2016 for the Directors to issue shares. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 40 | 5 |
| No. of Shares | 380,845,642 | 41,900 |
| % of Voted Shares | 99.9890 | 0.0110 |
| Result | Accepted | |
6. Ordinary Resolution 6 |
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| Description |
Proposed Renewal of Share Buy-Back Authority. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 42 | 2 |
| No. of Shares | 363,556,682 | 2,480 |
| % of Voted Shares | 99.9993 | 0.0007 |
| Result | Accepted | |
Please refer attachment below.
Announcement Info
| Company Name | ELSOFT RESEARCH BERHAD |
| Stock Name | ELSOFT |
| Date Announced | 29 May 2025 |
| Category | General Meeting |
| Reference Number | GMA-29052025-00007 |
| Corporate Action ID | MY250529MEET0007 |