GENERAL MEETINGS: Outcome of Meeting
| MAGNUM BERHAD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 19 May 2023 |
| Time | 09:30 AM |
| Venue(s) |
BROADCAST VENUE at Meeting room, 35th Floor, Menara Multi-Purpose, Capital Square, No. 8 Jalan Munshi Abdullah, 50100 Kuala Lumpur Malaysia |
| Outcome of Meeting | Magnum Berhad ("Magnum" or "the Company") is pleased to announce that all the ordinary resolutions set out in the Notice of the 47th Annual General Meeting of the Company ("47th AGM") dated 20 April 2023 were duly passed at the 47th AGM, which was conducted virtually online from the Broadcast Venue, on 19 May 2023.
The Audited Financial Statements for the financial year ended 31 December 2022 and the Reports of the Directors and Auditors thereon were received and duly tabled at the 47th AGM under Agenda 1.
Resolutions 1 to 8 were voted on a poll via website portal at www.metramanagement.com.my (Domain Registration No. D1A403946) of the Share Registrar and Poll Administrator, Metra Management Sdn. Bhd., with remote participation and voting ("RPV") facility at the 47th AGM in accordance with Clause 69(a) of the Company's Constitution and Paragraph 8.29A of Bursa Malaysia Securities Berhad's Main Market Listing Requirements.
The detailed poll results were verified by the Scrutineers, Symphony Corporate Service Sdn. Bhd. as per attachment and are set out below.
This announcement is dated 19 May 2023.
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Voting Results |
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1. Ordinary Resolution 1 |
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| Description |
To approve the payment of Directors' fees totalling RM285,000 to the Non-Executive Directors in respect of the year ended 31 December 2022. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 109 | 66 |
| No. of Shares | 601,890,601 | 598,194 |
| % of Voted Shares | 99.9007 | 0.0993 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
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| Description |
To approve the payment of the Directors remuneration (excluding Directors fees) to the Non-Executive Directors of up to an amount of RM100,000 for the period from 19 May 2023 until the next Annual General Meeting of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 111 | 66 |
| No. of Shares | 601,897,809 | 598,206 |
| % of Voted Shares | 99.9007 | 0.0993 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
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| Description |
To re-elect the Director, Datuk Vijeyaratnam a/l V. Thamotharam Pillay, who is retiring by rotation in accordance with Clause 90 of the Constitution of the Company. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 135 | 45 |
| No. of Shares | 581,758,088 | 30,931,882 |
| % of Voted Shares | 94.9515 | 5.0485 |
| Result | Accepted | |
4. Ordinary Resolution 4 |
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| Description |
To re-elect the Director, Jean Francine Goonting, who is retiring by rotation in accordance with Clause 90 of the Constitution of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 135 | 45 |
| No. of Shares | 611,729,032 | 960,938 |
| % of Voted Shares | 99.8432 | 0.1568 |
| Result | Accepted | |
5. Ordinary Resolution 5 |
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| Description |
To re-elect the Director, Ng Siew Hong, who is retiring in accordance with Clause 97 of the Constitution of the Company. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 137 | 43 |
| No. of Shares | 612,234,240 | 480,880 |
| % of Voted Shares | 99.9215 | 0.0785 |
| Result | Accepted | |
6. Ordinary Resolution 6 |
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| Description |
To re-appoint Ernst & Young PLT as Auditors of the Company for the financial year ending 31 December 2023 and to authorise the Board of Directors to fix their remuneration. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 154 | 27 |
| No. of Shares | 612,318,128 | 400,022 |
| % of Voted Shares | 99.9347 | 0.0653 |
| Result | Accepted | |
7. Ordinary Resolution 7 |
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| Description |
Proposed Renewal Of The Authority To Allot Shares Pursuant To Sections 75 And 76 Of The Companies Act 2016. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 131 | 49 |
| No. of Shares | 612,203,832 | 513,308 |
| % of Voted Shares | 99.9162 | 0.0838 |
| Result | Accepted | |
8. Ordinary Resolution 8 |
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| Description |
Proposed Renewal Of The Authority For The Company to Purchase Its Own Shares. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 148 | 32 |
| No. of Shares | 612,526,028 | 192,086 |
| % of Voted Shares | 99.9686 | 0.0314 |
| Result | Accepted | |
Please refer attachment below.
Announcement Info
| Company Name | MAGNUM BERHAD |
| Stock Name | MAGNUM |
| Date Announced | 19 May 2023 |
| Category | General Meeting |
| Reference Number | GMA-19052023-00011 |
| Corporate Action ID | MY230519MEET0011 |