GENERAL MEETINGS: Outcome of Meeting
MIECO CHIPBOARD BERHAD |
Type of Meeting | General |
Indicator | Outcome of Meeting |
Date of Meeting | 23 Jul 2020 |
Time | 10:00 AM |
Venue(s) |
Broadcast Venue No. 1, Block C, Jalan Indah 2/6, Taman Indah, Batu 11, 43200 Cheras, Selangor Malaysia |
Outcome of Meeting | The Board of Directors of Mieco Chipboard Berhad ("MIECO" or the "Company") is pleased to announce that at the Forty-Seventh Annual General Meeting ("47th AGM") of MIECO held today, all the resolutions as set out in the Notice of 47th AGM dated 24 June 2020, were duly passed by the shareholders of MIECO.
The voting in respect of the resolutions were carried out by way of a poll and the results were validated by Symphony Merchant Sdn. Bhd., the Independent Scrutineer appointed by the Company.
This announcement is dated 23 July 2020. |
Voting Results |
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1. Ordinary Resolution 1 |
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Description |
To approve the Payment of Directors' fees and benefits to the Non-Executive Directors up to an amount of RM250,000.00 from 24 July 2020 until the next Annual General Meeting of the Company. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 26 | 9 |
No. of Shares | 297,179,890 | 4,055 |
% of Voted Shares | 99.9986 | 0.0014 |
Result | Accepted | |
2. Ordinary Resolution 2 |
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Description |
To re-elect Cheam Tow Yong, who is retiring in accordance with Clause 103 of the Company's Constitution and who, being eligible, offer himself for re-election. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 33 | 2 |
No. of Shares | 297,183,445 | 500 |
% of Voted Shares | 99.9998 | 0.0002 |
Result | Accepted | |
3. Ordinary Resolution 3 |
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Description |
To re-elect Ng Wei Ping, who is retiring in accordance with Clause 103 of the Company's Constitution and who, being eligible, offer himself for re-election. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 33 | 2 |
No. of Shares | 297,183,445 | 500 |
% of Voted Shares | 99.9998 | 0.0002 |
Result | Accepted | |
4. Ordinary Resolution 4 |
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Description |
To appoint Messrs UHY as Auditors in place of the retiring Auditors, Deloitte PLT and to hold office until the conclusion of the next Annual General Meeting and to authorise the Directors to fix their remuneration. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 33 | 2 |
No. of Shares | 297,183,445 | 500 |
% of Voted Shares | 99.9998 | 0.0002 |
Result | Accepted | |
5. Ordinary Resolution 5 |
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Description |
Authority to Issue Shares. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 25 | 10 |
No. of Shares | 297,175,928 | 8,017 |
% of Voted Shares | 99.9973 | 0.0027 |
Result | Accepted | |
6. Ordinary Resolution 6 |
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Description |
Proposed Renewal of Existing Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature ("Proposed Shareholders' Mandate"). |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 27 | 7 |
No. of Shares | 15,009,796 | 3,012 |
% of Voted Shares | 99.9799 | 0.0201 |
Result | Accepted | |
7. Ordinary Resolution 7 |
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Description |
Proposed Renewal of Authority for the Company to Purchase Its Own Shares ("Proposed Renewal of Share Buy-Back"). |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 24 | 11 |
No. of Shares | 297,148,428 | 35,517 |
% of Voted Shares | 99.9881 | 0.0119 |
Result | Accepted | |
Please refer attachment below.
Announcement Info
Company Name | MIECO CHIPBOARD BERHAD |
Stock Name | MIECO |
Date Announced | 23 Jul 2020 |
Category | General Meeting |
Reference Number | GMA-17072020-00003 |
Corporate Action ID | MY200717MEET0003 |