GENERAL MEETINGS: Outcome of Meeting
Amended Announcements
Please refer to the earlier announcement reference number: GMA-02072020-00010
| MEGA FIRST CORPORATION BERHAD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 02 Jul 2020 |
| Time | 10:00 AM |
| Venue(s) |
Conference Room A-12-01 Level 12, Block A, PJ8 No. 23 Jalan Barat, Section 8 46050 Petaling Jaya, Selangor Darul Ehsan Malaysia |
| Outcome of Meeting | The Board of Directors of Mega First Corporation Berhad ("the Company") is pleased to announce that all the resolutions under Ordinary and Special Business as prescribed in the Notice of 54th Annual General Meeting ("54th AGM") of the Company dated 3 June 2020 were duly passed by the shareholders of the Company by way of poll via remote participation and voting at the 54th AGM. The result of the poll was validated by Boardroom Corporate Services Sdn Bhd, the independent scrutineer appointed by the Company. Please refer to the attachment for the details of the outcome. |
Voting Results |
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1. Ordinary Resolution 1 |
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| Description |
To declare a single tier final dividend of 6.0 sen per share in respect of the financial year ended 31 December 2019. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 160 | 1 |
| No. of Shares | 254,502,274 | 307 |
| % of Voted Shares | 99.9999 | 0.0001 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
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| Description |
To approve the payment of Directors Remuneration (including Directors fees) to the Non-Executive Directors in respect of the financial ending 31 December 2020, up to an aggregate amount of RM650,000, from 3 July 2020 until the next AGM of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 155 | 5 |
| No. of Shares | 254,494,338 | 8,163 |
| % of Voted Shares | 99.9968 | 0.0032 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
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| Description |
To re-elect Mr Goh Nan Yang who retires by rotation pursuant to Clause 119 of the Company's Constitution of the Company and who being eligible, offer himself for re-election. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 157 | 2 |
| No. of Shares | 252,466,189 | 1,392 |
| % of Voted Shares | 99.9994 | 0.0005 |
| Result | Accepted | |
4. Ordinary Resolution 4 |
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| Description |
To re-elect Mr Tay Kheng Chiong who retires by rotation pursuant to Clause 119 of the Company's Constitution of the Company and who being eligible, offer himself for re-election. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 151 | 4 |
| No. of Shares | 253,325,058 | 232,892 |
| % of Voted Shares | 99.6915 | 0.0915 |
| Result | Accepted | |
5. Ordinary Resolution 5 |
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| Description |
To re-elect Mr Jesper Bjorn Madsen who retires by rotation pursuant to Clause 119 of the Company's Constitution of the Company and who being eligible, offer himself for re-election. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 155 | 4 |
| No. of Shares | 254,254,609 | 232,892 |
| % of Voted Shares | 99.9085 | 0.0915 |
| Result | Accepted | |
6. Ordinary Resolution 6 |
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| Description |
To re-appoint Crowe Malaysia PLT as auditors of the Company and to authorise the Board of Directors to fix their remuneration. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 158 | 1 |
| No. of Shares | 254,486,474 | 307 |
| % of Voted Shares | 99.9999 | 0.0001 |
| Result | Accepted | |
7. Ordinary Resolution 7 |
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| Description |
Retention of Dato' Tan Ang Meng as Independent Director |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 0 | 0 |
| No. of Shares | 0 | 0 |
| % of Voted Shares | 0.0000 | 0.0000 |
| Result | Withdrawn/ Postponed | |
8. Ordinary Resolution 8 |
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| Description |
Retention of Dato' Koh Hong Sun as Independent Director |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 151 | 8 |
| No. of Shares | 253,249,920 | 783,792 |
| % of Voted Shares | 99.6914 | 0.3085 |
| Result | Accepted | |
9. Ordinary Resolution 9 |
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| Description |
Retention of Mr Yeow See Yuen as Independent Director |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 5 | 0 |
| No. of Shares | 151,812,541 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
10. Ordinary Resolution 10 |
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| Description |
Authority to issue shares pursuant to Section 75 of Companies Act 2016 |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 151 | 8 |
| No. of Shares | 253,696,889 | 789,892 |
| % of Voted Shares | 99.6896 | 0.3104 |
| Result | Accepted | |
11. Ordinary Resolution 9 Tier 2 |
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| Description |
Retention of Mr Yeow See Yuen as Independent Director |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 135 | 17 |
| No. of Shares | 86,531,997 | 13,630,092 |
| % of Voted Shares | 86.3920 | 13.6080 |
| Result | Accepted | |
12. Ordinary Resolution 11 |
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| Description |
Renewal of Share Buy Back Authority |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 155 | 4 |
| No. of Shares | 253,782,189 | 704,592 |
| % of Voted Shares | 99.6896 | 0.2769 |
| Result | Accepted | |
Please refer attachment below.
Announcement Info
| Company Name | MEGA FIRST CORPORATION BERHAD |
| Stock Name | MFCB |
| Date Announced | 03 Jul 2020 |
| Category | General Meeting |
| Reference Number | GMA-03072020-00004 |
| Corporate Action ID | MY200702MEET0009 |