| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 29 May 2025 |
| Time | 10:00 AM |
| Venue(s) |
WISMA N2N, LEVEL 9, TOWER 2 AVENUE 3, BANGSAR SOUTH NO. 8, JALAN KERINCHI 59200 KUALA LUMPUR Malaysia |
| Outcome of Meeting |
The Board of Directors of N2N Connect Berhad ("the Company") is pleased to announce that all the Resolutions, except for Ordinary Resolution 9, as set out in the Notice of Annual General Meeting ("AGM") of the Company dated 30 April 2025, were passed by the shareholders of the Company at the AGM held today, 29 May 2025. All Resolutions were carried by way of polling (please refer to the attached summary of poll results report). Strategic Capital Advisory Sdn Bhd was appointed as the scrutineer for the polling process. Please refer to the attachment for the details of the poll results. This announcement is dated 29 May 2025. |
1. Ordinary Resolution 1
| Description | To approve the payment of Directors' Fees of RM890,508 for the financial year ending 31 December 2025. | |
| Shareholder's Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 47 | 6 |
| No. of Shares | 300,332,747 | 175,300 |
| % of Voted Shares | 99.9417 | 0.0583 |
| Result | Accepted | |
2. Ordinary Resolution 2
| Description | To approve the payment of Directors' benefits (excluding Directors' Fees) up to an amount of RM20,000 payable from 1 January 2025 until the next Annual General Meeting of the Company to be held on the year 2026. | |
| Shareholder's Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 49 | 5 |
| No. of Shares | 300,422,047 | 175,200 |
| % of Voted Shares | 99.9417 | 0.0583 |
| Result | Accepted | |
3. Ordinary Resolution 3
| Description | To approve a final dividend of 1 sen per share (Single Tier Dividend) for the financial year ended 31 December 2024. | |
| Shareholder's Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 55 | 2 |
| No. of Shares | 301,602,247 | 175,000 |
| % of Voted Shares | 99.9420 | 0.0580 |
| Result | Accepted | |
4. Ordinary Resolution 4
| Description | To re-elect Ms Elaine Foong Sooi Jade who is retiring in accordance with Clause 103(1) of the Company's Constitution. | |
| Shareholder's Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 48 | 7 |
| No. of Shares | 234,883,321 | 66,713,926 |
| % of Voted Shares | 77.8798 | 22.1202 |
| Result | Accepted | |
5. Ordinary Resolution 5
| Description | To re-elect Ms Lin Lin who is retiring in accordance with Clause 110 of the Company's Constitution. | |
| Shareholder's Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 49 | 6 |
| No. of Shares | 235,326,321 | 66,270,926 |
| % of Voted Shares | 78.0267 | 21.9733 |
| Result | Accepted | |
6. Ordinary Resolution 6
| Description | To re-appoint HLB Ler Lum Chew PLT as Auditors of the Company and to authorise the Board of Directors to determine their remuneration. | |
| Shareholder's Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 52 | 3 |
| No. of Shares | 301,422,147 | 175,100 |
| % of Voted Shares | 99.9419 | 0.0581 |
| Result | Accepted | |
7. Ordinary Resolution 7
| Description | Authority pursuant to Sections 75 and 76 of the Companies Act, 2016. | |
| Shareholder's Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 51 | 6 |
| No. of Shares | 300,979,147 | 798,100 |
| % of Voted Shares | 99.7355 | 0.2645 |
| Result | Accepted | |
8. Ordinary Resolution 8
| Description | Proposed Renewal of the Authority for the Company to purchase up to Ten Percent (10%) of its total number of issued shares. | |
| Shareholder's Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 55 | 2 |
| No. of Shares | 301,602,247 | 175,000 |
| % of Voted Shares | 99.9420 | 0.0580 |
| Result | Accepted | |
9. Ordinary Resolution 9
| Description |
(Tier 1) - To retain Ms Elaine Foong Sooi Jade as Independent Non-Executive Director of the Company. |
|
| Shareholder's Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 0 | 1 |
| No. of Shares | 0 | 66,027,926 |
| % of Voted Shares | 0.0000 | 100.0000 |
| Result | Rejected | |
10. Ordinary Resolution 9
| Description |
(Tier 2) - To retain Ms Elaine Foong Sooi Jade as Independent Non-Executive Director of the Company. |
|
| Shareholder's Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 48 | 6 |
| No. of Shares | 234,883,321 | 686,000 |
| % of Voted Shares | 99.7088 | 0.2912 |
| Result | Accepted | |
Attachments :
N2N - 24th AGM Poll Results.pdf
