Bursa Announcements
Date : 30 June 2025
GENERAL MEETINGS: Outcome of Meeting
| SUNWAY BERHAD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 30 Jun 2025 |
| Time | 03:00 PM |
| Venue(s) |
Grand Congress, Level 12, Sunway Resort Hotel Persiaran Lagoon, Bandar Sunway 47500 Subang Jaya Selangor Darul Ehsan Malaysia |
| Outcome of Meeting | The Board of Directors of Sunway Berhad ("Sunway") is pleased to announce that all the resolutions as set out in the Notice of the 15th Annual General Meeting of Sunway ("15th AGM") dated 30 April 2025 were duly passed at the 15th AGM today.
All the resolutions were voted by way of poll. The detailed poll results which were validated by SKY Corporate Services Sdn Bhd, the Independent Scrutineer appointed by Sunway, are as attached and set out below.
This annoucement is dated 30 June 2025. |
Voting Results |
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1. Ordinary Resolution 1 |
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| Description |
To approve the payment of Directors' and Board Committees' fees amounting to RM1,097,008.20 to the Non-Executive Directors for the financial year ended 31 December 2024. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 725 | 21 |
| No. of Shares | 5,192,854,220 | 70,117 |
| % of Voted Shares | 99.9986 | 0.0014 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
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| Description |
To approve the payment of benefits payable to the Non-Executive Directors of up to an amount of RM600,000.00 from 1 July 2025 until the conclusion of the next AGM of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 724 | 22 |
| No. of Shares | 5,192,846,690 | 77,647 |
| % of Voted Shares | 99.9985 | 0.0015 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
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| Description |
To re-elect Tan Sri Dato' (Dr.) Chew Chee Kin who retires by rotation pursuant to Clause 106(1) of the Company's Constitution and being eligible, offers himself for re-election. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 697 | 46 |
| No. of Shares | 5,167,691,470 | 9,004,556 |
| % of Voted Shares | 99.8261 | 0.1739 |
| Result | Accepted | |
4. Ordinary Resolution 4 |
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| Description |
To re-elect Datin Paduka Sarena Cheah Yean Tih who retires by rotation pursuant to Clause 106(1) of the Company's Constitution and being eligible, offers herself for re-election. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 721 | 27 |
| No. of Shares | 5,184,395,423 | 1,829,077 |
| % of Voted Shares | 99.9647 | 0.0353 |
| Result | Accepted | |
5. Ordinary Resolution 5 |
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| Description |
To re-elect Datuk Zaiton binti Mohd Hassan who retires by rotation pursuant to Clause 106(1) of the Company's Constitution and being eligible, offers herself for re-election. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 725 | 23 |
| No. of Shares | 5,191,567,642 | 1,357,715 |
| % of Voted Shares | 99.9739 | 0.0261 |
| Result | Accepted | |
6. Ordinary Resolution 6 |
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| Description |
To re-appoint Messrs BDO PLT as Auditors of the Company for the financial year ending 31 December 2025 and to authorise the Directors to fix their remuneration. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 730 | 16 |
| No. of Shares | 5,192,899,482 | 23,375 |
| % of Voted Shares | 99.9995 | 0.0005 |
| Result | Accepted | |
7. Ordinary Resolution 7 |
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| Description |
Authority to Issue Shares pursuant to Sections 75 and 76 of the Companies Act 2016 |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 674 | 73 |
| No. of Shares | 4,391,921,101 | 801,004,256 |
| % of Voted Shares | 84.5751 | 15.4249 |
| Result | Accepted | |
8. Ordinary Resolution 8 |
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| Description |
Proposed Renewal of Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 713 | 14 |
| No. of Shares | 1,493,252,099 | 21,579 |
| % of Voted Shares | 99.9986 | 0.0014 |
| Result | Accepted | |
9. Ordinary Resolution 9 |
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| Description |
Proposed Renewal of Share Buy-Back Authority |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 701 | 44 |
| No. of Shares | 4,659,602,375 | 533,066,335 |
| % of Voted Shares | 89.7343 | 10.2657 |
| Result | Accepted | |
10. Ordinary Resolution 10 |
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| Description |
Proposed renewal of the authority for Directors to allot and issue new ordinary shares in the Company ("Sunway Shares") in relation to the Dividend Reinvestment Scheme that provides the shareholders of the Company with the option to elect to reinvest their cash dividend entitlements in Sunway Shares
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 731 | 16 |
| No. of Shares | 5,192,580,136 | 345,221 |
| % of Voted Shares | 99.9934 | 0.0066 |
| Result | Accepted | |
Please refer attachment below.
Announcement Info
| Company Name | SUNWAY BERHAD |
| Stock Name | SUNWAY |
| Date Announced | 30 Jun 2025 |
| Category | General Meeting |
| Reference Number | GMA-25062025-00013 |
| Corporate Action ID | MY250625MEET0013 |