TEXCYCL

0.935

+0.02 (+2.2%)

GENERAL MEETINGS: Outcome of Meeting

TEX CYCLE TECHNOLOGY (M) BERHAD

Type of Meeting General
Indicator Outcome of Meeting
Date of Meeting 02 Sep 2020
Time 10:00 AM

Venue(s)
Kenanga Room, Royal Selangor Yacht Club,

Jalan Shahbandar,

42000 Pelabuhan Klang,

Selangor Darul Ehsan,

Malaysia

Outcome of Meeting

The Board of Directors of Tex Cycle Technology (M) Berhad ("TCTB" or "the Company") wishes to announce that all the resolutions set out in the Notice of the Sixteenth Annual General Meeting ("16th AGM") of the Company were duly passed at the 16th AGM of the Company.

 

 All the resolutions were voted by poll and the results of the poll were validated by Ferrier Hodgson Mh Sdn Bhd, the Independent Scrutineer appointed by the Company.

 

Please refer to below for details of the poll results.

 

This announcement is dated 2 September 2020.


Voting Results


1. Ordinary Resolution 1

Description
Approval of Directors fees and allowances to the Directors of up to RM300,000.00 from Sixteenth AGM until the next Annual General Meeting
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 55 4
No. of Shares 151,438,686 400
% of Voted Shares 99.9997 0.0003
Result Accepted

2. Ordinary Resolution 2

Description
Re-election of Mr. Ho Siew Cheong
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 59 0
No. of Shares 151,439,086 0
% of Voted Shares 100.0000 0.0000
Result Accepted

3. Ordinary Resolution 3

Description
Re-election of Mr. Alagasan A/L Varatharajoo
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 59 0
No. of Shares 151,439,086 0
% of Voted Shares 100.0000 0.0000
Result Accepted

4. Ordinary Resolution 4

Description
Re-appointment of Messrs. Grant Thornton Malaysia PLT as Auditors
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 59 0
No. of Shares 151,439,086 0
% of Voted Shares 100.0000 0.0000
Result Accepted

5. Ordinary Resolution 5

Description
Authority to allot and issue shares pursuant to Section 76 of the Companies Act 2016
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 57 2
No. of Shares 151,438,886 200
% of Voted Shares 99.9999 0.0001
Result Accepted

6. Ordinary Resolution 6

Description
Authority for Mr. Ravindran Markandu to Continue in Office as Independent Non-Executive Director
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 58 1
No. of Shares 151,438,986 100
% of Voted Shares 99.9999 0.0001
Result Accepted

7. Ordinary Resolution 7

Description
Proposed Renewal of Shareholders Mandate for Share Buy-Back
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 58 1
No. of Shares 151,438,986 100
% of Voted Shares 99.9999 0.0001
Result Accepted



Please refer attachment below.

Attachments

TCTB - Scrutineer Report.pdf
70.8 kB




Announcement Info

Company Name TEX CYCLE TECHNOLOGY (M) BERHAD
Stock Name TEXCYCL
Date Announced 02 Sep 2020
Category General Meeting
Reference Number GMA-02092020-00006
Corporate Action ID MY200902MEET0006