SOLID

0.125

-0.005 (-3.8%)

GENERAL MEETINGS: Outcome of Meeting

SOLID AUTOMOTIVE BERHAD

Type of Meeting	General
Indicator	Outcome of Meeting
Date of Meeting	26 Sep 2024
Time	10:00 AM

Venue(s)

Holiday Villa Johor Bahru City Centre,

Diamond 2, 10th Floor, No. 260, Jalan Dato' Sulaiman,

Taman Abad,

80250 Johor Bahru, Johor,

Malaysia

Outcome of Meeting

The Board of Directors of Solid Automotive Berhad ("the Company") is pleased to announce that all the resolutions set out in the notice of the Twelfth Annual General Meeting (12th AGM") dated 27 August 2024 were duly passed at the 12th AGM held on 26 September 2024.

All resolutions tabled at the 12th AGM were voted by poll and results of the poll were verified by M/s NeedsBridge Advisory Sdn Bhd, the independent scrutineer appointed by the Company. Please refer to the attachment for the poll results verified by scrutineer.

Voting Results

1. RESOLUTION 1
Description	To approve the payment of a Final dividend of RM0.006 per ordinary share for the financial year ended 30 April 2024.
Shareholder’s Action	For Voting
Voted	For	Against
No. of Shareholders	23	0
No. of Shares	177,750,914	0
% of Voted Shares	100.0000	0.0000
Result	Accepted

2. RESOLUTION 2
Description	To sanction the payment of Directors' fees for the financial year ending 30 April 2025 to be payable on a quarterly basis in arrears.
Shareholder’s Action	For Voting
Voted	For	Against
No. of Shareholders	16	1
No. of Shares	17,659,203	3,000
% of Voted Shares	99.9830	0.0170
Result	Accepted

3. RESOLUTION 3
Description	To re-elect Mr Ker Min Choo who retire in accordance with the Company's Constitution.
Shareholder’s Action	For Voting
Voted	For	Against
No. of Shareholders	21	0
No. of Shares	96,675,644	0
% of Voted Shares	100.0000	0.0000
Result	Accepted

4. RESOLUTION 4
Description	To re-elect Mr Ker Keddy who retire in accordance with the Company's Constitution.
Shareholder’s Action	For Voting
Voted	For	Against
No. of Shareholders	22	0
No. of Shares	172,750,914	0
% of Voted Shares	100.0000	0.0000
Result	Accepted

5. RESOLUTION 5
Description	To re-appoint the retiring auditors, Messrs Crowe Malaysia PLT as auditors and authorise the Directors to fix their remuneration.
Shareholder’s Action	For Voting
Voted	For	Against
No. of Shareholders	23	0
No. of Shares	177,750,914	0
% of Voted Shares	100.0000	0.0000
Result	Accepted

6. RESOLUTION 6
Description	Proposed Authority to Issue Shares Pursuant to Section 75 and 76 of the Companies Act 2016 (CA 2016) and waiver of pre-emptive rights pursuant to the CA 2016
Shareholder’s Action	For Voting
Voted	For	Against
No. of Shareholders	23	0
No. of Shares	177,750,914	0
% of Voted Shares	100.0000	0.0000
Result	Accepted

7. RESOLUTION 7 - FIRST TIER
Description	Retention of Independent Non-Executive Director, Ms. Tan Lay Beng
Shareholder’s Action	For Voting
Voted	For	Against
No. of Shareholders	10	0
No. of Shares	167,149,076	0
% of Voted Shares	100.0000	0.0000
Result	Accepted

8. RESOLUTION 7 - SECOND TIER
Description	Retention of Independent Non-Executive Director, Ms. Tan Lay Beng
Shareholder’s Action	For Voting
Voted	For	Against
No. of Shareholders	13	0
No. of Shares	10,601,838	0
% of Voted Shares	100.0000	0.0000
Result	Accepted

Please refer attachment below.

Attachments

Solid-12th AGM Polling Result (Verified NB uc).pdf
219.8 kB

Announcement Info

Company Name	SOLID AUTOMOTIVE BERHAD
Stock Name	SOLID
Date Announced	26 Sep 2024
Category	General Meeting
Reference Number	GMA-26092024-00009
Corporate Action ID	MY240926MEET0009