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VSTECS

1.030

(%)

GENERAL MEETINGS: Outcome of Meeting

VSTECS BERHAD

Type of Meeting Annual General Meeting
Indicator Outcome of Meeting
Date of Meeting 15 May 2019
Time 10:30 AM
Venue
Greens III (Sports Wing), Tropicana Golf & Country Resort, Jalan Kelab Tropicana, 47410 Petaling Jaya, Selangor Darul Ehsan.
Outcome of Meeting

The Board of Directors of VSTECS Berhad (formerly known as ECS ICT Berhad) ('VSTECS' or 'the Company') wishes to announce that all of the resolutions tabled at the Twenty-Third Annual General Meeting held today were duly approved by the shareholders.

All of the resolutions were voted by poll and the results were validated by Commercial Quest Sdn. Bhd, the Independent Scrutineer appointed by the Company.

The details of the results of the poll are set out below.

This announcement is dated 15 May 2019.

Voting Results

Resolution Vote in favour Vote Against Results
No. of Shares % No. of Shares %
Resolution 1:

To approve the declaration of a single-tier final dividend of 2.5 sen per share in respect of the financial year ended 31 December 2018
120,358,799 99.996000 5,000 0.004000 Carried
Resolution 2:

To re-elect Mr. Soong Jan Hsung who retires in accordance with Article 102 of the Articles of Association of the Company
120,358,799 99.996000 5,000 0.004000 Carried
Resolution 3: 

To re-elect Ms. Ho Chee Kit who retires in accordance with Article 102 of the Articles of Association of the Company
120,358,799 99.996000 5,000 0.004000 Carried
Resolution 4: 

To re-elect Encik Ahmad Subri Bin Abdullah who retires in accordance with Article 102 of the Articles of Association of the Company
120,358,799 99.996000 5,000 0.004000 Carried
Resolution 5:

To re-appoint KPMG PLT as Auditors of the Company until the conclusion of the next Annual General Meeting and to authorise the Directors to fix their remuneration
120,358,799 99.996000 5,000 0.004000 Carried
Resolution 6:

To retain Ms. Ho Chee Kit as an Independent Non-Executive Director
120,358,799 99.996000 5,000 0.004000 Carried
Resolution 7:

To retain Encik Ahmad Subri Bin Abdullah as an Independent Non-Executive Director
120,358,799 99.996000 5,000 0.004000 Carried
Resolution 8:

To approve the payment of Directors’ Fees amounting to RM444,675.00 for the financial year ended 31 December 2018
98,271,599 99.995000 5,000 0.005000 Carried
Resolution 9:

To approve the payment of Benefits Payable to the Directors up to an amount of RM105,087.00 for the period from 1 July 2019 to the next Annual General Meeting of the Company 
98,271,599 99.995000 5,000 0.005000 Carried
Resolution 10:

Authority to Issue Shares pursuant to the Companies Act 2016
120,358,799 99.996000 5,000 0.004000 Carried
Resolution 11:

Proposed Renewal of Authority for the Company to purchase its own shares 
120,358,799 99.996000 5,000 0.004000 Carried
Special Resolution:

Proposed Adoption of a new Constitution of the Company
120,358,799 99.996000 5,000 0.004000 Carried




Announcement Info

Company Name VSTECS BERHAD
Stock Name VSTECS
Date Announced 15 May 2019
Category General Meeting
Reference Number GMA-14052019-00006