GENERAL MEETINGS: Outcome of Meeting
| WARISAN TC HOLDINGS BERHAD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 29 May 2025 |
| Time | 10:30 AM |
| Venue(s) |
Kristal Ballroom, Level 1, Hilton Petaling Jaya, No. 2, Jalan Barat, 46200 Petaling Jaya, Selangor Darul Ehsan, Malaysia |
| Outcome of Meeting | The Board of Directors of Warisan TC Holdings Berhad ("WTCH" or "the Company") wishes to announce that all the resolutions as set out in the Notice of the Twenty-Eighth Annual General Meeting ("28th AGM") dated 30 April 2025 were duly passed by the shareholders of WTCH at the 28th AGM held on 29 May 2025.
The Audited Financial Statements of the Company for the financial year ended 31 December 2024 and the Reports of the Directors and Auditors thereon were tabled and received at the 28th AGM under Agenda 1.
All the resolutions were voted upon by poll and the poll results were validated by Scrutineer Solutions Sdn. Bhd., the independent scrutineer appointed by the Company.
Please refer to the attachment for the poll results.
This announcement is dated 29 May 2025. |
Voting Results |
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1. Ordinary Resolution 1 |
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| Description |
To re-elect Mr. Lee Min On as Director of the Company in accordance with Article 98 of the Company's Constitution. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 41 | 10 |
| No. of Shares | 50,376,354 | 7,075,255 |
| % of Voted Shares | 87.6848 | 12.3152 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
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| Description |
To re-elect Ms. Chin Yen Song as Director of the Company in accordance with Article 98 of the Company's Constitution. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 43 | 8 |
| No. of Shares | 52,915,611 | 4,535,998 |
| % of Voted Shares | 92.1047 | 7.8953 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
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| Description |
To re-elect Mr. Tan Soon Huat as Director of the Company in accordance with Article 77 of the Company's Constitution. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 43 | 8 |
| No. of Shares | 50,878,897 | 6,572,712 |
| % of Voted Shares | 88.5596 | 11.4404 |
| Result | Accepted | |
4. Ordinary Resolution 4 |
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| Description |
To approve the payment of Directors' fees of up to an amount of RM480,000 in aggregate to the Non-Executive Directors of the Company during the course of the period from 30 May 2025 until the next Annual General Meeting of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 35 | 16 |
| No. of Shares | 46,643,754 | 10,807,855 |
| % of Voted Shares | 81.1879 | 18.8121 |
| Result | Accepted | |
5. Ordinary Resolution 5 |
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| Description |
To approve the payment of Directors' benefits of up to an amount of RM195,000 in aggregate to the Non-Executive Directors of the Company during the course of the period from 30 May 2025 until the next Annual General Meeting of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 35 | 16 |
| No. of Shares | 46,643,754 | 10,807,855 |
| % of Voted Shares | 81.1879 | 18.8121 |
| Result | Accepted | |
6. Ordinary Resolution 6 |
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| Description |
To re-appoint Forvis Mazars PLT (formerly known as Mazars PLT) as Auditors of the Company for the financial year ending 31 December 2025 and to authorise the Directors to fix their remuneration. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 45 | 6 |
| No. of Shares | 53,418,154 | 4,033,455 |
| % of Voted Shares | 92.9794 | 7.0206 |
| Result | Accepted | |
7. Ordinary Resolution 7 |
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| Description |
Proposed Renewal of Authority to issue and allot shares of the Company pursuant to Sections 75 and 76 of the Companies Act 2016. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 42 | 8 |
| No. of Shares | 50,376,854 | 5,847,694 |
| % of Voted Shares | 89.5994 | 10.4006 |
| Result | Accepted | |
8. Ordinary Resolution 8 |
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| Description |
Proposed Renewal of Authority for the Company to purchase its own shares. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 35 | 14 |
| No. of Shares | 46,643,754 | 9,078,751 |
| % of Voted Shares | 83.7072 | 16.2928 |
| Result | Accepted | |
9. Ordinary Resolution 9 |
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| Description |
Proposed Shareholders' Mandate for Recurrent Related Party Transactions with Tan Chong Motor Holdings Berhad and its subsidiaries. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 23 | 15 |
| No. of Shares | 10,890,093 | 9,580,794 |
| % of Voted Shares | 53.1980 | 46.8020 |
| Result | Accepted | |
10. Ordinary Resolution 10 |
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| Description |
Proposed Shareholders' Mandate for Recurrent Related Party Transactions with APM Automotive Holdings Berhad and its subsidiaries. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 23 | 15 |
| No. of Shares | 10,890,093 | 9,580,794 |
| % of Voted Shares | 53.1980 | 46.8020 |
| Result | Accepted | |
11. Ordinary Resolution 11 |
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| Description |
Proposed Shareholders' Mandate for Recurrent Related Party Transactions with Directors and Major Shareholders of Warisan TC Holdings Berhad and its subsidiaries and persons connected with them. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 23 | 15 |
| No. of Shares | 10,890,093 | 9,580,794 |
| % of Voted Shares | 53.1980 | 46.8020 |
| Result | Accepted | |
12. Special Resolution |
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| Description |
Proposed Amendments to the Constitution of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 42 | 8 |
| No. of Shares | 50,376,854 | 5,847,694 |
| % of Voted Shares | 89.5994 | 10.4006 |
| Result | Accepted | |
Please refer attachment below.
Announcement Info
| Company Name | WARISAN TC HOLDINGS BERHAD |
| Stock Name | WARISAN |
| Date Announced | 29 May 2025 |
| Category | General Meeting |
| Reference Number | GMA-28052025-00041 |
| Corporate Action ID | MY250528MEET0039 |