MATANG

0.080

(%)

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


1. Ordinary Resolution 1

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

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

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

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

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