GENERAL MEETINGS: Outcome of Meeting
| COLFORM GROUP BERHAD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 29 May 2025 |
| Time | 10:30 AM |
| Venue(s) |
Living Hall I, 2nd Floor Livingston Hotel, Mile 4 Jalan Utara 90000 Sandakan, Sabah Malaysia |
| Outcome of Meeting | The Board of Directors of Colform Group Berhad ("the Company") is pleased to announce that all the resolutions as prescribed in the Notice of First Annual General Meeting ("1st AGM") of the Company dated 30 April 2025 were duly passed by the shareholders of the Company by way of poll at the 1st AGM of the Company, save and except for Ordinary Resolution 9 in relation to the re-election of Mr. Tan Vun Su as a Director of the Company.
Ordinary Resolution 7 in respect of the re-election of Mr. Kang Ah Hin as a Director of the Company was withdrawn and not put forward for voting at the 1st AGM as he has expressed his intention not to seek for re-election as a Director of the Company.
The results of the poll were validated by Jeta PLT, the independent scrutineer appointed by the Company.
The Audited Financial Statements for the financial period ended 31 December 2024 together with the Reports of the Directors and Auditors thereon were received and duly tabled at the 1st AGM of the Company under Agenda 1.
Please refer to the attachment for the details of the outcome.
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 and/or benefits of RM84,000 for the financial period ended 31 December 2024. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 13 | 0 |
| No. of Shares | 474,732,900 | 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 and/or benefits of up to RM365,500 for the period commencing from 1 January 2025 until the next Annual General Meeting ("AGM") of the Company.
|
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 13 | 0 |
| No. of Shares | 474,732,900 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
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| Description |
To re-elect Datuk Ir. Hj. Ali Ahmad Bin Hamid as a Director who retires pursuant to Clause 88 of the Company's Constitution. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 14 | 0 |
| No. of Shares | 474,982,900 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
4. Ordinary Resolution 4 |
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| Description |
To re-elect Mr. Kang Ket Hung as a Director who retires pursuant to Clause 88 of the Company's Constitution. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 14 | 0 |
| No. of Shares | 474,982,900 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
5. Ordinary Resolution 5 |
||
| Description |
To re-elect Ms. Kang Phui Ting as a Director who retires pursuant to Clause 88 of the Company's Constitution. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 14 | 0 |
| No. of Shares | 474,982,900 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
6. Ordinary Resolution 6 |
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| Description |
To re-elect Ms. Kang Phui Yie as a Director who retires pursuant to Clause 88 of the Company's Constitution. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 14 | 0 |
| No. of Shares | 474,982,900 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
7. Ordinary Resolution 7 |
||
| Description |
To re-elect Mr. Kang Ah Hin as a Director who retires pursuant to Clause 88 of the Company's Constitution. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 0 | 0 |
| No. of Shares | 0 | 0 |
| % of Voted Shares | 0.0000 | 0.0000 |
| Result | Withdrawn/ Postponed | |
8. Ordinary Resolution 8 |
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| Description |
To re-elect Pn. Noor Ilienna Rahayu Binti Ibrahim as a Director who retires pursuant to Clause 88 of the Company's Constitution. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 14 | 0 |
| No. of Shares | 474,982,900 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
9. Ordinary Resolution 9 |
||
| Description |
To re-elect Mr. Tan Vun Su as a Director who retires pursuant to Clause 88 of the Company's Constitution. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 10 | 4 |
| No. of Shares | 43,406,900 | 431,576,000 |
| % of Voted Shares | 9.1386 | 90.8614 |
| Result | Rejected | |
10. Ordinary Resolution 10 |
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| Description |
To re-elect Mr. Tan Kung Ming as a Director who retires pursuant to Clause 88 of the Company's Constitution. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 14 | 0 |
| No. of Shares | 474,982,900 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
11. Ordinary Resolution 11 |
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| Description |
To re-appoint TGS TW PLT as Auditors of the Company until the conclusion of the next AGM of the Company and to authorise the Directors to fix their remuneration. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 14 | 0 |
| No. of Shares | 474,982,900 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
12. Ordinary Resolution 12 |
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| Description |
To approve the general authority for the Directors to issue and allot shares pursuant to Sections 75 and 76 of the Companies Act 2016. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 14 | 0 |
| No. of Shares | 474,982,900 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
13. Ordinary Resolution 13 |
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| Description |
To approve the Proposed New Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 10 | 0 |
| No. of Shares | 43,406,900 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
Please refer attachment below.
Announcement Info
| Company Name | COLFORM GROUP BERHAD |
| Stock Name | COLFORM |
| Date Announced | 29 May 2025 |
| Category | General Meeting |
| Reference Number | GMA-27052025-00065 |
| Corporate Action ID | MY250527MEET0063 |