GENERAL MEETINGS: Outcome of Meeting
| MYNEWS HOLDINGS BERHAD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 25 Jun 2020 |
| Time | 02:00 PM |
| Venue(s) |
Broadcast Venue Lot No. 3, Jalan Teknologi 3/1, Taman Sains Selangor 1 Seksyen 3, PJU 5, Kota Damansara, 47810 Petaling Jaya, Selangor Malaysia |
| Outcome of Meeting | The Board of Directors of Mynews Holdings Berhad ("the Company") is pleased to announce that all the resolutions as set out in the Notice of Postponed 7th Annual General Meeting (Postponed 7th AGM") of the Company dated 27 May 2020 were duly approved by the shareholders by the Company by way of poll, at the Postponed 7th AGM held on Thursday, 25 June 2020. The results of the poll were validated by SLCC Networks Sdn Bhd, the independent scrutineer appointed by the Company.
The detailed results of the poll are set out in the attachment.
This announcement is dated 25 June 2020. |
Voting Results |
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1. Ordinary Resolution 1 |
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| Description |
To approve the payment of Directors' fees of RM287,500 for the financial year ended 31 October 2019 |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 40 | 10 |
| No. of Shares | 520,561,612 | 14,908 |
| % of Voted Shares | 99.9971 | 0.0029 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
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| Description |
To approve the payment of Directors' meeting allowances of up to RM63,000 for the period from 26 June 2020 until the next Annual General Meeting of the Company |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 33 | 10 |
| No. of Shares | 520,313,508 | 40,700 |
| % of Voted Shares | 99.9922 | 0.0078 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
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| Description |
To re-elect Dang Tai Luk who is retiring as a Director in accordance with Article 114(1) of the Company's Constitution |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 39 | 8 |
| No. of Shares | 521,636,504 | 4,508 |
| % of Voted Shares | 99.9991 | 0.0009 |
| Result | Accepted | |
4. Ordinary Resolution 4 |
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| Description |
To re-elect Dang Tai Wen who is retiring as a Director in accordance with Article 114(1) of the Company's Constitution |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 43 | 7 |
| No. of Shares | 521,647,508 | 3,508 |
| % of Voted Shares | 99.9993 | 0.0007 |
| Result | Accepted | |
5. Ordinary Resolution 5 |
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| Description |
To re-appoint Messrs. Grant Thornton Malaysia PLT as the Company's Auditors for the ensuing year and to authorise the Directors to fix their remuneration |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 44 | 5 |
| No. of Shares | 521,409,908 | 3,308 |
| % of Voted Shares | 99.9994 | 0.0006 |
| Result | Accepted | |
6. Ordinary Resolution 6 |
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| Description |
To approve the proposed renewal of authority to allot shares pursuant to Section 75 and 76 of the Companies Act, 2016 |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 42 | 9 |
| No. of Shares | 521,643,908 | 9,608 |
| % of Voted Shares | 99.9982 | 0.0018 |
| Result | Accepted | |
7. Ordinary Resolution 7 |
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| Description |
To approve the proposed New Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature as set out in Section 2.4 (i), (ii) & (iii) of the Circular to Shareholders dated 25 February 2020 |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 41 | 7 |
| No. of Shares | 125,890,604 | 3,508 |
| % of Voted Shares | 99.9972 | 0.0028 |
| Result | Accepted | |
8. Ordinary Resolution 8 |
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| Description |
To approve the proposed New Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature as set out in Section 2.4 (iv) of the Circular to Shareholders dated 25 February 2020 |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 40 | 6 |
| No. of Shares | 521,456,004 | 6,308 |
| % of Voted Shares | 99.9988 | 0.0012 |
| Result | Accepted | |
Please refer attachment below.
Announcement Info
| Company Name | MYNEWS HOLDINGS BERHAD |
| Stock Name | MYNEWS |
| Date Announced | 25 Jun 2020 |
| Category | General Meeting |
| Reference Number | GMA-25062020-00058 |
| Corporate Action ID | MY200625MEET0055 |