GENERAL MEETINGS: Outcome of Meeting
| TOYO VENTURES HOLDINGS BERHAD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 11 Sep 2025 |
| Time | 10:00 AM |
| Venue(s) |
Eugenia Ballroom (Ground Floor), Palm Garden Golf Club, IOI Resort City, 62502 Putrajaya Malaysia |
| Outcome of Meeting | The Board of Directors of Toyo Ventures Holdings Berhad ("the Company") is pleased to announce that the resolutions as prescribed in the Notice of Fifth Annual General Meeting ("5th AGM") of the Company dated 31 July 2025 were duly passed by the shareholders of the Company by way of poll at the 5th AGM of the Company, save and except for Ordinary Resolution 8 in relation to the general authority for the Directors to issue and allot shares pursuant to Sections 75 and 76 of the Companies Act 2016 and the Special Resolution in relation to the proposed amendments to the Constitution of the Company.
The result of the poll was validated by Leou Associates PLT, the independent scrutineer appointed by the Company.
The Audited Financial Statements for the financial period ended 31 March 2025 together with the Reports of the Directors and Auditors thereon were received and duly tabled at the 5th AGM of the Company under Agenda 1. |
Voting Results |
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1. Ordinary Resolution 1 |
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| Description |
To approve the payment of additional Directors' fees of RM305,129.03 for the period commencing from 1 October 2023 until the 5th AGM. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 34 | 2 |
| No. of Shares | 103,919,444 | 1,100 |
| % of Voted Shares | 99.9989 | 0.0011 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
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| Description |
To approve the payment of additional Directors' benefits of up to RM137,419.36 for the period commencing from 14 March 2024, being the day after the last AGM, until the 5th AGM. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 34 | 2 |
| No. of Shares | 103,919,444 | 1,100 |
| % of Voted Shares | 99.9989 | 0.0011 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
||
| Description |
To approve the payment of Directors' fees and/or benefits of up to RM600,000.00 for the period commencing from the date immediately after the 5th AGM until the next AGM of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 32 | 4 |
| No. of Shares | 96,668,801 | 7,251,743 |
| % of Voted Shares | 93.0218 | 6.9782 |
| Result | Accepted | |
4. Ordinary Resolution 4 |
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| Description |
To re-elect Ms. Chan Kee Eng as a Director of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 35 | 1 |
| No. of Shares | 103,919,544 | 1,000 |
| % of Voted Shares | 99.9990 | 0.0010 |
| Result | Accepted | |
5. Ordinary Resolution 5 |
||
| Description |
To re-elect Ms. Low Mei Kheng as a Director of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 35 | 1 |
| No. of Shares | 103,919,544 | 1,000 |
| % of Voted Shares | 99.9990 | 0.0010 |
| Result | Accepted | |
6. Ordinary Resolution 6 |
||
| Description |
To re-elect Mr. Tham Weng Seng as a Director of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 35 | 0 |
| No. of Shares | 96,451,412 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
7. Ordinary Resolution 7 |
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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 | 36 | 0 |
| No. of Shares | 103,920,544 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
8. Ordinary Resolution 8 |
||
| 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 | 29 | 7 |
| No. of Shares | 42,509,821 | 61,410,723 |
| % of Voted Shares | 40.9061 | 59.0939 |
| Result | Rejected | |
9. Special Resolution |
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| Description |
To approve the Proposed Amendments to the Constitution of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 31 | 5 |
| No. of Shares | 42,531,621 | 61,388,923 |
| % of Voted Shares | 40.9271 | 59.0729 |
| Result | Rejected | |
Please refer attachment below.
Announcement Info
| Company Name | TOYO VENTURES HOLDINGS BERHAD |
| Stock Name | TOYOVEN |
| Date Announced | 11 Sep 2025 |
| Category | General Meeting |
| Reference Number | GMA-10092025-00005 |
| Corporate Action ID | MY250910MEET0005 |