GENERAL MEETINGS: Outcome of Meeting
| NORTHEAST GROUP BERHAD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 24 Feb 2026 |
| Time | 10:30 AM |
| Venue(s) |
Iconic 1, Level 7, Iconic Hotel 71, Jalan Icon City Icon City, 14000 Bukit Mertajam Penang Malaysia |
| Outcome of Meeting | The Board of Directors of NORTHEAST GROUP BERHAD is pleased to announce that save for Ordinary Resolution 1 for re-election of Mr. Chong Ewe Hean which was not carried, all the resolutions as set out in the Notice of 3rd Annual General Meeting ("AGM") of the Company were duly passed by the shareholders of the Company at its 3rd AGM duly held on 24 February 2026.
All the resolutions were voted by poll and the results of the poll were validated by Messrs Wong Chooi & Mohd Nor, the independent scruitneer appointed by the Company.
This announcement is dated 24th day of February 2026. |
Voting Results |
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1. Ordinary Resoluion 1 |
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| Description |
To re-elect Mr. Chong Ewe Hean, the Director who retire in accordance with Article 88 of the Company's Constitution and being eligible has offered himself for re-election |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 41 | 22 |
| No. of Shares | 60,451,500 | 507,124,408 |
| % of Voted Shares | 10.6508 | 89.3492 |
| Result | Rejected | |
2. Ordinary Resolution 2 |
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| Description |
To re-elect Dato' Seri Lee Kah Choon, the Director who retire in accordance with Article 88 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 | 63 | 1 |
| No. of Shares | 547,475,908 | 25,900,000 |
| % of Voted Shares | 95.4829 | 4.5171 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
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| Description |
To re-elect Mr. Yin Thien Hee, the Director who retire in accordance with Article 95 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 | 62 | 2 |
| No. of Shares | 546,899,808 | 26,476,100 |
| % of Voted Shares | 95.3824 | 4.6176 |
| Result | Accepted | |
4. Ordinary Resolution 4 |
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| Description |
To re-elect Mr. Ng Chai Hee, the Director who retire in accordance with Article 95 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 | 62 | 2 |
| No. of Shares | 546,899,808 | 26,476,100 |
| % of Voted Shares | 95.3824 | 4.6176 |
| Result | Accepted | |
5. Ordinary Resolution 5 |
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| Description |
To approve the payment of Directors' Fees amounting to RM198,500 for the financial year ending 30 September 2026 |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 63 | 1 |
| No. of Shares | 547,475,908 | 25,900,000 |
| % of Voted Shares | 95.4829 | 4.5171 |
| Result | Accepted | |
6. Ordinary Resolution 6 |
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| Description |
To approve the payment of Directors' Other Benefits of up to RM26,600 from 24 February 2026 to the next AGM of the Company |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 63 | 1 |
| No. of Shares | 547,475,908 | 25,900,000 |
| % of Voted Shares | 95.4829 | 4.5171 |
| Result | Accepted | |
7. Ordinary Resolution 7 |
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| Description |
To re-appoint Messrs BDO PLT, the retiring Auditors, as Auditors of the Company until the conclusion of the next AGM, and to authorise the Directors to fix their remuneration |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 63 | 1 |
| No. of Shares | 547,475,908 | 25,900,000 |
| % of Voted Shares | 95.4829 | 4.5171 |
| Result | Accepted | |
8. Ordinary Resolution 8 |
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| Description |
Approval to issue and allot shares pursuant to Section 75 and Section 76 of the Companies Act 2016 |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 63 | 1 |
| No. of Shares | 547,475,908 | 25,900,000 |
| % of Voted Shares | 95.4829 | 4.5171 |
| Result | Accepted | |
Announcement Info
| Company Name | NORTHEAST GROUP BERHAD |
| Stock Name | NE |
| Date Announced | 24 Feb 2026 |
| Category | General Meeting |
| Reference Number | GMA-24022026-00002 |
| Corporate Action ID | MY260224MEET0002 |