GENERAL MEETINGS: Outcome of Meeting
| BWYS GROUP BERHAD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 29 May 2025 |
| Time | 10:00 AM |
| Venue(s) |
Grand Ballroom, Level 2, Penang Marriott Hotel 55 Persiaran Gurney 10250 George Town Penang Malaysia |
| Outcome of Meeting | The Board of Directors of BWYS Group Berhad ("the Company") wishes to announce that all the resolutions set out in the Notice of Second Annual General Meeting ("2nd AGM") dated 28 April 2025 were duly passed by the shareholders of the Company by way of poll at the 2nd AGM held on Thursday, 29 May 2025.
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 up to an amount of RM100,000.00 for the period from 1 August 2023 (date of appointment) to 31 December 2024. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 29 | 0 |
| No. of Shares | 729,538,000 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
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| Description |
To approve the payment of Directors' fees of RM6,000.00 per month for Dato' Saidi bin Ismail for the period from 1 January 2025 until the next Annual General Meeting of the Company to be held in 2026. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 32 | 1 |
| No. of Shares | 732,188,000 | 100,000 |
| % of Voted Shares | 99.9863 | 0.0137 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
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| Description |
To approve the payment of Directors' fees of RM4,000.00 per month for Mr Lim Chee Hoong for the period from 1 January 2025 until the next Annual General Meeting of the Company to be held in 2026. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 28 | 5 |
| No. of Shares | 725,966,000 | 6,322,000 |
| % of Voted Shares | 99.1367 | 0.8633 |
| Result | Accepted | |
4. Ordinary Resolution 4 |
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| Description |
To approve the payment of Directors' fees of RM4,000.00 per month for Ms See Swee Sie for the period from 1 January 2025 until the next Annual General Meeting of the Company to be held in 2026. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 28 | 5 |
| No. of Shares | 726,016,000 | 6,322,000 |
| % of Voted Shares | 99.1367 | 0.8633 |
| Result | Accepted | |
5. Ordinary Resolution 5 |
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| Description |
To approve the payment of Directors' fees of RM4,000.00 per month for Ms Teresa Tan Siew Kuan for the period from 1 January 2025 until the next Annual General Meeting of the Company to be held in 2026. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 28 | 5 |
| No. of Shares | 726,066,000 | 6,322,000 |
| % of Voted Shares | 99.1368 | 0.8632 |
| Result | Accepted | |
6. Ordinary Resolution 6 |
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| Description |
To approve the payment of Directors' benefits up to an amount of RM50,000.00 for the period from 1 August 2023 (date of appointment) to 31 December 2024. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 32 | 2 |
| No. of Shares | 732,587,500 | 500 |
| % of Voted Shares | 99.9999 | 0.0001 |
| Result | Accepted | |
7. Ordinary Resolution 7 |
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| Description |
To approve the payment of Directors' benefits up to an amount of RM200,000.00 for the period from 1 January 2025 until the next Annual General Meeting of the Company to be held in 2026. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 26 | 7 |
| No. of Shares | 724,265,500 | 6,322,500 |
| % of Voted Shares | 99.1346 | 0.8654 |
| Result | Accepted | |
8. Ordinary Resolution 8 |
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| Description |
To re-elect Mr Kang Beng Hai who is retiring by rotation in accordance with Clause 95.1 of the Constitution of the Company and, who being eligible, offer himself for re-election. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 34 | 0 |
| No. of Shares | 732,588,000 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
9. Ordinary Resolution 9 |
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| Description |
To re-elect Mr Lim Chee Hoong who is retiring by rotation in accordance with Clause 95.1 of the Constitution of the Company and, who being eligible, offer himself for re-election. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 30 | 3 |
| No. of Shares | 728,988,000 | 1,600,000 |
| % of Voted Shares | 99.7810 | 0.2190 |
| Result | Accepted | |
10. Ordinary Resolution 10 |
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| Description |
To re-appoint BDO PLT as Auditors of the Company for the financial year ending 31 December 2025 and to authorise the Directors to fix their remuneration. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 34 | 0 |
| No. of Shares | 732,588,000 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
11. Ordinary Resolution 11 |
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| Description |
To approve the authority to issue and allot shares pursuant to Sections 75 and 76 of the Companies Act 2016. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 32 | 1 |
| No. of Shares | 730,587,700 | 300 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
Please refer attachment below.
Announcement Info
| Company Name | BWYS GROUP BERHAD |
| Stock Name | BWYS |
| Date Announced | 29 May 2025 |
| Category | General Meeting |
| Reference Number | GMA-26052025-00010 |
| Corporate Action ID | MY250526MEET0010 |