GENERAL MEETINGS: Outcome of Meeting
| PRIVASIA TECHNOLOGY BERHAD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 26 Jun 2025 |
| Time | 10:00 AM |
| Venue(s) |
C-21-02, 3 Two Square, No. 2, Jalan 19/1, 46300 Petaling Jaya, Selangor Malaysia |
| Outcome of Meeting | The Board of Directors of Privasia Technology Berhad (“the Company” or “Privasia”) wishes to announce that the shareholders of the Company have approved all the resolutions set out in the Notice of 17th Annual General Meeting ("AGM") dated 30 April 2025 at the 17th AGM of the Company held on 26 June 2025. All the resolutions were voted by poll and the results of the poll were validated by SKY Corporate Services Sdn Bhd, the independent scrutineers appointed by the Company. Please refer to the attachment for the poll results. This announcement is dated 26 June 2025. |
Voting Results |
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1. Ordinary Resolution 1 |
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| Description |
To re-elect Datuk Puvanesan A/L Subenthiran, who shall retire pursuant to Clause 165 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 | 152 | 9 |
| No. of Shares | 232,384,973 | 8,230 |
| % of Voted Shares | 99.9965 | 0.0035 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
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| Description |
To re-elect Mr. Yip Kit Weng, who shall retire pursuant to Clause 165 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 | 155 | 10 |
| No. of Shares | 250,986,373 | 8,330 |
| % of Voted Shares | 99.9967 | 0.0033 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
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| Description |
To re-elect Encik Aminuddin Bin Mohd Arif, who shall retire pursuant to Clause 156 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 | 152 | 13 |
| No. of Shares | 250,985,623 | 9,080 |
| % of Voted Shares | 99.9964 | 0.0036 |
| Result | Accepted | |
4. Ordinary Resolution 4 |
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| Description |
To approve the payment of Directors' fees up to RM450,000.00 payable to the Directors of the Company from a day after the 17th AGM until the conclusion of the next AGM of the Company to be held in 2026. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 143 | 15 |
| No. of Shares | 226,593,139 | 9,264 |
| % of Voted Shares | 99.9959 | 0.0041 |
| Result | Accepted | |
5. Ordinary Resolution 5 |
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| Description |
To approve the payment of Directors' benefits payable to the Directors of the Company up to RM101,000.00 from a day after the 17th AGM until the conclusion of the next AGM of the Company to be held in 2026. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 143 | 15 |
| No. of Shares | 226,593,023 | 9,380 |
| % of Voted Shares | 99.9959 | 0.0041 |
| Result | Accepted | |
6. Ordinary Resolution 6 |
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| Description |
To approve the payment of Directors' fees and benefits of the Company's subsidiaries of RM34,800.00 for the financial year ended 31 December 2024. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 153 | 12 |
| No. of Shares | 250,986,173 | 8,530 |
| % of Voted Shares | 99.9966 | 0.0034 |
| Result | Accepted | |
7. Ordinary Resolution 7 |
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| Description |
To re-appoint Messrs Baker Tilly Monteiro Heng PLT as Auditors of the Company until the conclusion of the next AGM and to authorise the Directors to fix their remuneration. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 153 | 12 |
| No. of Shares | 250,986,189 | 8,514 |
| % of Voted Shares | 99.9966 | 0.0034 |
| Result | Accepted | |
8. Ordinary Resolution 8 |
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| Description |
Authority to Allot Shares and Waiver for Pre-Emptive rights |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 150 | 15 |
| No. of Shares | 250,986,163 | 8,540 |
| % of Voted Shares | 99.9966 | 0.0034 |
| Result | Accepted | |
9. Ordinary Resolution 9 |
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| Description |
Proposed establishment of an Employees' Share Option Scheme ("ESOS") of up to 10% of the total number of issued shares of Privasia Technology (excluding treasury shares, if any) for the eligible directors and employees of the company and its subsidiaries (excluding dormant subsidiaries, if any) ("Privasia Technology Group" or the "Group") ("Proposed ESOS")
|
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 143 | 14 |
| No. of Shares | 823,053 | 9,730 |
| % of Voted Shares | 98.8316 | 1.1684 |
| Result | Accepted | |
10. Ordinary Resolution 10 |
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| Description |
To approve the allocation of ESOS to Dato' Azman Bin Mahmud |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 150 | 15 |
| No. of Shares | 250,984,873 | 9,830 |
| % of Voted Shares | 99.9961 | 0.0039 |
| Result | Accepted | |
11. Ordinary Resolution 11 |
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| Description |
To approve the allocation of ESOS to Datuk Puvanesan A/L Subenthiran |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 145 | 14 |
| No. of Shares | 81,497,753 | 9,730 |
| % of Voted Shares | 99.9881 | 0.0119 |
| Result | Accepted | |
12. Ordinary Resolution 12 |
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| Description |
To approve the allocation of ESOS to Datuk Andre Anthony A/L Hubert Rene |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 149 | 13 |
| No. of Shares | 90,597,153 | 9,630 |
| % of Voted Shares | 99.9894 | 0.0106 |
| Result | Accepted | |
13. Ordinary Resolution 13 |
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| Description |
To approve the allocation of ESOS to Haida Shenny Binti Hazri |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 148 | 16 |
| No. of Shares | 250,867,873 | 10,830 |
| % of Voted Shares | 99.9957 | 0.0043 |
| Result | Accepted | |
14. Ordinary Resolution 14 |
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| Description |
To approve the allocation of ESOS to Leong Kah Chern |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 150 | 15 |
| No. of Shares | 250,983,973 | 10,730 |
| % of Voted Shares | 99.9957 | 0.0043 |
| Result | Accepted | |
15. Ordinary Resolution 15 |
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| Description |
To approve the allocation of ESOS to Yip Kit Weng |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 149 | 16 |
| No. of Shares | 250,983,873 | 10,830 |
| % of Voted Shares | 99.9957 | 0.0043 |
| Result | Accepted | |
16. Ordinary Resolution 16 |
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| Description |
To approve the allocation of ESOS to Aminuddin Bin Mohd Arif |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 150 | 15 |
| No. of Shares | 250,983,973 | 10,730 |
| % of Voted Shares | 99.9957 | 0.0043 |
| Result | Accepted | |
Please refer attachment below.
Announcement Info
| Company Name | PRIVASIA TECHNOLOGY BERHAD |
| Stock Name | PRIVA |
| Date Announced | 26 Jun 2025 |
| Category | General Meeting |
| Reference Number | GMA-23062025-00016 |
| Corporate Action ID | MY250623MEET0016 |