GENERAL MEETINGS: Outcome of Meeting
| MELEWAR INDUSTRIAL GROUP BERHAD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 30 Nov 2020 |
| Time | 11:30 AM |
| Venue(s) |
Astana Meeting Room 15th Floor, No. 566 Jalan Ipoh, 51200 Kuala Lumpur Malaysia |
| Outcome of Meeting | The Board of Directors of Melewar Industrial Group Berhad ("the Company") is pleased to announce that all the ordinary resolutions and special resolution as set out in the Notice of the 51st Annual General Meeting ("AGM") of the Company dated 30 October 2020 were duly passed at the aforesaid AGM which was conducted electronically in its entirety via Remote Participation and Voting facilities ("RPV") at the above Broadcast Venue on 30 November 2020. The Audited Financial Statements of the Company for the financial year ended 30 June 2020 and the Reports of the Directors and Auditors thereon were received and duly tabled at the 51st AGM under Agenda 1. All the ordinary resolutions and special resolution were voted by way of poll via RPV at the 51st AGM in accordance with Paragraph 8.29A(1) of Bursa Malaysia Securities Berhad's Main Market Listing Requirements. The detailed poll results were verified by the Independent Scrutineers, Symphony Merchant Sdn Bhd as per attachment. Please refer to the table below for the poll results. This announcement is dated 30 November 2020. |
Voting Results |
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1. 1 |
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| Description |
To approve the payment of Directors' fees amounting to RM308,400.00 for the period from 1 January 2021 to 31 December 2021 to be payable quarterly in arrears to the Non-Executive Directors of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 50 | 7 |
| No. of Shares | 187,862,340 | 15,681 |
| % of Voted Shares | 99.9917 | 0.0083 |
| Result | Accepted | |
2. 2 |
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| Description |
To approve an amount of up to RM110,000.00 as benefits payable to the Non-Executive Directors of the Company for the period from 1 December 2020 to 31 December 2021. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 46 | 11 |
| No. of Shares | 187,856,640 | 21,381 |
| % of Voted Shares | 99.9886 | 0.0114 |
| Result | Accepted | |
3. 3 |
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| Description |
To re-elect Tunku Dato' Yaacob Khyra who is retiring in accordance with Article 96(1) of the Company's Constitution and who, being eligible, offer himself for re-election. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 53 | 4 |
| No. of Shares | 188,002,033 | 13,321 |
| % of Voted Shares | 99.9929 | 0.0071 |
| Result | Accepted | |
4. 4 |
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| Description |
To re-elect Tunku Yahaya @ Yahya bin Tunku Tan Sri Abdullah who is retiring in accordance with Article 96(1) of the Company's Constitution and who, being eligible, offer himself for re-election. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 53 | 4 |
| No. of Shares | 188,002,033 | 13,321 |
| % of Voted Shares | 99.9929 | 0.0071 |
| Result | Accepted | |
5. 5 |
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| Description |
To re-appoint Messrs PricewaterhouseCoopers PLT as Auditors of the Company and to authorise the Directors to fix their remuneration. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 56 | 2 |
| No. of Shares | 188,015,353 | 101 |
| % of Voted Shares | 99.9999 | 0.0001 |
| Result | Accepted | |
6. 6 |
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| Description |
Approval for En Shazal Yusuf bin Mohamed Zain to continue in office as an Independent Non-Executive Director. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 52 | 5 |
| No. of Shares | 188,001,533 | 13,821 |
| % of Voted Shares | 99.9926 | 0.0074 |
| Result | Accepted | |
7. 7 |
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| Description |
To approve the Proposed Renewal of Share Buy-Back Authority. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 53 | 5 |
| No. of Shares | 188,002,073 | 13,381 |
| % of Voted Shares | 99.9929 | 0.0071 |
| Result | Accepted | |
8. 8 |
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| Description |
To approve the Proposed Renewal of Shareholders' Mandate for Recurrent Related Party Transactions with Trace Management Services Sdn Bhd. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 50 | 6 |
| No. of Shares | 19,429,207 | 13,383 |
| % of Voted Shares | 99.9312 | 0.0688 |
| Result | Accepted | |
9. 9 |
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| Description |
To approve the Proposed Renewal of Shareholders' Mandate for Recurrent Related Party Transactions. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 51 | 5 |
| No. of Shares | 19,429,209 | 13,381 |
| % of Voted Shares | 99.9312 | 0.0688 |
| Result | Accepted | |
10. 10 |
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| Description |
Authority to issue and allot shares pursuant to Sections 75 and 76 of the Companies Act 2016. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 52 | 5 |
| No. of Shares | 188,001,973 | 13,381 |
| % of Voted Shares | 99.9929 | 0.0071 |
| Result | Accepted | |
11. Special Resolution 1 |
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| Description |
Proposed Amendments to the Constitution of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 52 | 5 |
| No. of Shares | 188,001,973 | 13,381 |
| % of Voted Shares | 99.9929 | 0.0071 |
| Result | Accepted | |
Please refer attachment below.
Announcement Info
| Company Name | MELEWAR INDUSTRIAL GROUP BERHAD |
| Stock Name | MELEWAR |
| Date Announced | 30 Nov 2020 |
| Category | General Meeting |
| Reference Number | GMA-30112020-00014 |
| Corporate Action ID | MY201130MEET0014 |