MCEHLDG

1.520

+0.04 (+2.7%)

GENERAL MEETINGS: Outcome of Meeting

MCE HOLDINGS BERHAD

Type of Meeting General
Indicator Outcome of Meeting
Date of Meeting 20 Dec 2019
Time 09:30 AM

Venue(s)
Hop Sing II Hall, Ponderosa Golf & Country Club, No. 3, Jalan Ponderosa 1, Taman Ponderosa, 81100 Johor Bahru, Johor
Outcome of Meeting

MCE HOLDINGS BERHAD ("the Company") is pleased to announce that all the resolutions as set out in the Notice of the 4th Annual General Meeting (“4th AGM”) dated 28 November 2019 were passed by the shareholders of the Company by way of poll voting at the 4th AGM held today. The results of the poll were validated by NEXT SECRETARIALWORKS SDN. BHD., the Independent Scrutineer appointed for the purpose. The detailed results of the poll are as follows:-


Voting Results


1. Ordinary Resolution 1

Description
To re-elect Mr Tai Lam Shin who retire by rotation pursuant to Clause 133 of the Company's Constitution
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 18 8
No. of Shares 16,381,040 2,326,700
% of Voted Shares 87.5600 12.4400
Result Accepted

2. Ordinary Resolution 2

Description
To re-elect En. Shamsudin @ Samad Bin Kassim who retire by rotation pursuant to Clause 133 of the Company's Constitution
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 18 8
No. of Shares 16,381,040 2,326,700
% of Voted Shares 87.5600 12.4400
Result Accepted

3. Ordinary Resolution 3

Description
To re-elect Tan Sri Abd Rahman Bin Mamat who retire pursuant to Clause 118 of the Company's Constitution
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 24 2
No. of Shares 18,585,940 121,800
% of Voted Shares 99.3500 0.6500
Result Accepted

4. Ordinary Resolution 4

Description
To appoint Crowe Malaysia PLT as Auditors of the Company for the financial year ending 31 July 2020 and to authorise the Directors to fix their remuneration
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 22 4
No. of Shares 17,122,540 1,585,200
% of Voted Shares 91.5300 8.4700
Result Accepted

5. Ordinary Resolution 5

Description
THAT the payment of Directors Fee of RM349,083 for the financial year ending 31 July 2020 payable quarterly in arrears after each month of completed service of the Directors during the financial year be and is hereby approved
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 19 7
No. of Shares 16,381,140 2,326,600
% of Voted Shares 87.5600 12.4400
Result Accepted

6. Ordinary Resolution 6

Description
THAT the payment of Directors' benefit amounting to RM42,000 for the period commencing after the date of this AGM to the date of next AGM be and is hereby approved
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 19 7
No. of Shares 16,381,140 2,326,600
% of Voted Shares 87.5600 12.4400
Result Accepted

7. Ordinary Resolution 7

Description
THAT subject to the passing of Ordinary Resolution 1,  Mr. Tai Lam Shin who has served as an Independent Non-Executive Director for a cumulative term of more than 9 years be retained and remain as Independent Director of the Company
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 18 8
No. of Shares 16,381,040 2,326,700
% of Voted Shares 87.5600 12.4400
Result Accepted

8. Ordinary Resolution 8

Description
THAT subject to the passing of Ordinary Resolution 2, En. Shamsudin @ Samad Bin Kassim who has served as an Independent Non-Executive Director for a cumulative term of more than 9 years be retained and remain as Independent Director of the Company
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 18 8
No. of Shares 16,381,040 2,326,700
% of Voted Shares 87.5600 12.4400
Result Accepted

9. Ordinary Resolution 9

Description
Authority to Allot and Issue Shares pursuant to Section 75 and 76 of the Companies Act 2016

Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 19 7
No. of Shares 16,381,140 2,326,600
% of Voted Shares 87.5600 12.4400
Result Accepted






Announcement Info

Company Name MCE HOLDINGS BERHAD
Stock Name MCEHLDG
Date Announced 20 Dec 2019
Category General Meeting
Reference Number GMA-20122019-00003
Corporate Action ID MY191220MEET0003