Our website is made possible by displaying non-intrusive online advertisements to our visitors.
Please consider supporting us by disabling or pausing your ad blocker.
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