GENERAL MEETINGS: Outcome of Meeting
| ACOUSTECH BERHAD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 10 Jul 2020 |
| Time | 11:00 AM |
| Venue(s) |
Broadcast Venue Tricor Boardroom, Unit 30-01, Level 30, Tower A Vertical Business Suite, Avenue 3, Bangsar South No. 8, Jalan Kerinchi, 59200 Kuala Lumpur Malaysia |
| Outcome of Meeting | The Board of Directors of Acoustech Berhad ("the Company") wishes to announce that all resolutions as set out in the Notice of the 21st Annual General Meeting (“AGM”) dated 11 June 2020 were duly passed at the Company's AGM held on 10 July 2020.
The resolutions were voted by poll and the results of the poll were verified by NS Leong, Low & Andy, Advocates & Solicitors, the Independent Scrutineer appointed by the Company.
The results of the poll is attached herewith.
This announcement is dated 10 July 2020. |
Voting Results |
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1. Ordinary Resolution |
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| Description |
To approve the payment of Directors Fees amounting to RM231,000.00 in respect of the financial year ended 31 December 2019. [2018: RM220,000]. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 36 | 9 |
| No. of Shares | 38,931,236 | 7,736 |
| % of Voted Shares | 99.9801 | 0.0199 |
| Result | Accepted | |
2. Ordinary Resolution |
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| Description |
To approve payment of Directors benefits of up to RM300,000.00 for the financial period from 1 July 2020 to 30 June 2021. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 36 | 9 |
| No. of Shares | 38,931,236 | 7,736 |
| % of Voted Shares | 99.9801 | 0.0199 |
| Result | Accepted | |
3. Ordinary Resolution |
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| Description |
To re-elect Ahmad Rahizal bin AMB Dato' Ahmad Rasidi, a Director retiring in accordance with Clause 105(1) of the Constitution of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 40 | 6 |
| No. of Shares | 38,934,770 | 6,202 |
| % of Voted Shares | 99.9841 | 0.0159 |
| Result | Accepted | |
4. Ordinary Resolution |
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| Description |
To re-elect Soon Kwai Choy, a Director retiring in accordance with Clause 105(1) of the Constitution of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 41 | 5 |
| No. of Shares | 38,935,770 | 5,202 |
| % of Voted Shares | 99.9866 | 0.0134 |
| Result | Accepted | |
5. Ordinary Resolution |
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| Description |
To re-appoint BDO PLT as the Auditors of the Company and to authorise the Directors to fix their remuneration. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 43 | 3 |
| No. of Shares | 38,940,870 | 102 |
| % of Voted Shares | 99.9997 | 0.0003 |
| Result | Accepted | |
6. Ordinary Resolution |
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| 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 | 40 | 6 |
| No. of Shares | 38,938,370 | 2,602 |
| % of Voted Shares | 99.9933 | 0.0067 |
| Result | Accepted | |
7. Ordinary Resolution (First Tier) |
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| Description |
Retention of Independent Director in accordance with the Malaysian Code on Corporate Governance. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 4 | 0 |
| No. of Shares | 33,014,142 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
8. Ordinary Resolution (Second Tier) |
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| Description |
Retention of Independent Director in accordance with the Malaysian Code on Corporate Governance. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 35 | 7 |
| No. of Shares | 5,924,128 | 2,702 |
| % of Voted Shares | 99.9544 | 0.0456 |
| Result | Accepted | |
Please refer attachment below.
Announcement Info
| Company Name | ACOUSTECH BERHAD |
| Stock Name | ACOSTEC |
| Date Announced | 10 Jul 2020 |
| Category | General Meeting |
| Reference Number | GMA-10072020-00009 |
| Corporate Action ID | MY200710MEET0009 |