MELEWAR

0.500

-0.015 (-2.9%)

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


1. 1

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

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

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

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

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

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

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

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

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

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

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.

Attachments

MIG-Poll Results.pdf
362.0 kB




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