GENERAL MEETINGS: Outcome of Meeting
| OVERSEA ENTERPRISE BERHAD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 26 Nov 2025 |
| Time | 11:00 AM |
| Venue(s) |
Lot 4.1, 4th Floor, Menara Lien Hoe No. 8, Persiaran Tropicana Tropicana Golf & Country Resort 47410 Petaling Jaya, Selangor Darul Ehsan Malaysia |
| Outcome of Meeting | The Board of Directors of Oversea Enterprise Berhad wishes to announce that all the resolutions set out in the Notice of 30th Annual General Meeting (30th AGM) dated 28 October 2025 were duly passed at the 30th AGM held on 26 November 2025.
The results of voting on the said resolutions by poll as set out below were verified by the Independent Scrutineer, Symphony Corporate Services Sdn. Bhd.
The percentage of voted shares for Against on the Ordinary Resolution 2 is negligible.
This announcement is dated 26 November 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 RM234,000 from 1 April 2026 until the next AGM of the Company payable in arrears after each month of completed service of the Directors during the financial year. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 4 | 4 |
| No. of Shares | 1,107,389,800 | 1,800 |
| % of Voted Shares | 99.9998 | 0.0002 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
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| Description |
To re-elect Mr. Andy Liew Hock Sim as a Director who retires pursuant to Clause 21.6 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 | 5 | 2 |
| No. of Shares | 1,107,391,400 | 200 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
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| Description |
To re-appoint Messrs. Peter Chong & Co PLT as Auditors of the Company until the conclusion of the next AGM and to authorise the Directors to fix their remuneration. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 5 | 3 |
| No. of Shares | 370,323,300 | 737,068,300 |
| % of Voted Shares | 33.4410 | 66.5590 |
| Result | Rejected | |
4. Ordinary Resolution 4 |
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| Description |
To approve the benefits payable to the Directors of the Company up to an amount of RM10,000 for the period from 30th AGM to the next AGM in the year 2026. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 4 | 4 |
| No. of Shares | 1,107,389,800 | 1,800 |
| % of Voted Shares | 99.9998 | 0.0002 |
| Result | Accepted | |
5. Ordinary Resolution 5 |
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| Description |
Authority to allot and issue shares pursuant to Sections 75 and 76 of the Companies Act 2016. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 4 | 4 |
| No. of Shares | 1,107,389,800 | 1,800 |
| % of Voted Shares | 99.9998 | 0.0002 |
| Result | Accepted | |
Announcement Info
| Company Name | OVERSEA ENTERPRISE BERHAD |
| Stock Name | OVERSEA |
| Date Announced | 26 Nov 2025 |
| Category | General Meeting |
| Reference Number | GMA-25112025-00032 |
| Corporate Action ID | MY251125MEET0031 |