GENERAL MEETINGS: Outcome of Meeting
| MATANG BERHAD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 25 Nov 2020 |
| Time | 10:00 AM |
| Venue(s) |
Broadcast Venue -Tricor Business Centre, Gemilang Room Unit 29-01, Level 29, 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 Matang Berhad ("the Company") wishes to announce that all resolutions as set out in the Notice of the Sixth Annual General Meeting (“AGM”) dated 27 October 2020, with the exception of resolution 3 which was not carried, were duly passed at the Company's AGM held today.
The resolutions were voted by poll and the result of the poll was verified by Coopers Professional Scrutineers Sdn Bhd, the Independent Scrutineer appointed by the Company.
The results of the poll are set out below.
This announcement is dated 25 November 2020. |
Voting Results |
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1. Ordinary Resolution 1 |
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| Description |
To approve the Directors Fees of RM92,808 in respect of the financial year ended 30 June 2020. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 44 | 9 |
| No. of Shares | 301,162,375 | 181,200 |
| % of Voted Shares | 99.9399 | 0.0601 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
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| Description |
To approve the Directors benefits (excluding Directors fees) of up to RM56,000 for the financial period from 1 January 2021 to 31 December 2021. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 43 | 10 |
| No. of Shares | 301,236,975 | 106,600 |
| % of Voted Shares | 99.9646 | 0.0354 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
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| Description |
To re-elect Mr. Lau Liang Fook, a Director retiring in accordance with Clause 125 of the Constitution of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 42 | 17 |
| No. of Shares | 45,212,375 | 279,033,200 |
| % of Voted Shares | 13.9439 | 86.0561 |
| Result | Rejected | |
4. Ordinary Resolution 4 |
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| Description |
To re-elect Dato' Foong Chee Meng, a Director retiring in accordance with Clause 125 of the Constitution of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 47 | 12 |
| No. of Shares | 317,847,005 | 6,398,570 |
| % of Voted Shares | 98.0266 | 1.9734 |
| Result | Accepted | |
5. Ordinary Resolution 5 |
||
| Description |
To re-appointment of 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 | 52 | 7 |
| No. of Shares | 324,167,275 | 50,300 |
| % of Voted Shares | 99.9845 | 0.0155 |
| Result | Accepted | |
6. Ordinary Resolution 6 |
||
| Description |
To approve the payment of the first and final single-tier dividend of 0.15 sen per ordinary share for the financial year ended 30 June 2020. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 56 | 5 |
| No. of Shares | 324,383,375 | 30,200 |
| % of Voted Shares | 99.9907 | 0.0093 |
| Result | Accepted | |
7. Ordinary Resolution 7 |
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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 | 47 | 13 |
| No. of Shares | 303,957,275 | 20,316,300 |
| % of Voted Shares | 93.7348 | 6.2652 |
| Result | Accepted | |
Please refer attachment below.
Announcement Info
| Company Name | MATANG BERHAD |
| Stock Name | MATANG |
| Date Announced | 25 Nov 2020 |
| Category | General Meeting |
| Reference Number | GMA-25112020-00001 |
| Corporate Action ID | MY201125MEET0001 |