Vanzo Holdings announced that all resolutions tabled at the Group’s Second Annual General Meeting were duly passed by shareholders, chief among them were the nod for increasing the payment of Non-Executive Directors’ fees to RM246,000 and a monthly allowance of up to RM15,000 for the period from 28 March 2026 until the next AGM to be held in 2027.
Shareholders also approved the re-election of Wong Liang Tzer, Tan Chin Soon and Ng Yee Heng, as well as the re-appointment of Messrs. Ecovis Malaysia PLT as the Company’s auditors for the ensuing year.
In addition, shareholders approved the renewal of the general mandate authorising the Directors to allot and issue shares (including granting rights and/or converting securities into shares) of up to 10% of the total number of issued shares of the Company, which provides flexibility for potential fund-raising and other corporate exercises when required.
