GENERAL MEETINGS: Outcome of Meeting
| YB VENTURES BERHAD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 26 Dec 2025 |
| Time | 09:00 AM |
| Venue(s) |
12, Jalan Pelukis U1/46B Seksyen U1 40150 Shah Alam Selangor Malaysia |
| Outcome of Meeting | The Board of Directors of YB Ventures Berhad ("Company") is pleased to announce that all the resolutions as set out in the Notice of the 25th Annual General Meeting ("AGM") dated 31 October 2025, were duly passed by the Company's shareholders at the AGM held on 26 December 2025.
All the resolutions were voted by way of poll and the results of the poll were validated by Aegis Communication Sdn Bhd, the Independent Scrutineer appointed by the Company. The details of the said results of the poll are set below.
This announcement is dated 26 December 2025.
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Voting Results |
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1. Ordinary Resolution 1 |
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| Description |
To re-elect Dato' Sri Tajudin Bin Md Isa who retires in accordance with Clause 110 of the Constitution of the Company and being eligible, has offered himself for re-election. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 24 | 1 |
| No. of Shares | 44,935,939 | 50 |
| % of Voted Shares | 99.9999 | 0.0001 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
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| Description |
To re-elect Dato' Sri Gan Chow Tee who retires in accordance with Clause 110 of the Constitution of the Company and being eligible, has offered himself for re-election. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 24 | 1 |
| No. of Shares | 44,935,939 | 50 |
| % of Voted Shares | 99.9999 | 0.0001 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
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| Description |
To approve the payment of Directors' fees and other benefits payable totaling RM300,000 for the period from 25th AGM until the conclusion of next AGM of the Company. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 23 | 1 |
| No. of Shares | 44,935,771 | 50 |
| % of Voted Shares | 99.9999 | 0.0001 |
| Result | Accepted | |
4. Ordinary Resolution 4 |
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| Description |
To re-appoint Morison LC PLT as Auditors of the Company for the ensuing year and to authorise the Directors to fix their remuneration. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 24 | 1 |
| No. of Shares | 44,935,939 | 50 |
| % of Voted Shares | 99.9999 | 0.0001 |
| Result | Accepted | |
5. Ordinary Resolution 5 |
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| Description |
To approve the authority to allot and issue shares in general pursuant to Sections 75 and 76 of the Companies Act 2016 ("CA2016"); and waiver of pre-emptive rights over new ordinary shares or other convertible securities in the Company under Section 85(1) of CA2016 read together with Clause 65 of the Company's Constitution.
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 23 | 2 |
| No. of Shares | 44,935,880 | 109 |
| % of Voted Shares | 99.9998 | 0.0002 |
| Result | Accepted | |
6. Ordinary Resolution 6 |
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| Description |
To approve the proposed renewal of share buy-back authority for the Company to purchase up to 10% of the Company's total number of issued shares. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 24 | 1 |
| No. of Shares | 44,935,939 | 50 |
| % of Voted Shares | 99.9999 | 0.0001 |
| Result | Accepted | |
Announcement Info
| Company Name | YB VENTURES BERHAD |
| Stock Name | YB |
| Date Announced | 26 Dec 2025 |
| Category | General Meeting |
| Reference Number | GMA-26122025-00003 |
| Corporate Action ID | MY251226MEET0003 |