GENERAL MEETINGS: Outcome of Meeting
| ASTINO BERHAD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 22 Jan 2021 |
| Time | 10:30 AM |
| Venue(s) |
Iconic 4, Level 7 Iconic Hotel 71 Jalan Icon City, Icon City 14000 Bukit Mertajam, Penang Malaysia |
| Outcome of Meeting | The Board of Directors of Astino Berhad ("the Company") is pleased to announce that all the resolutions as set out in the Notice of the 20th Annual General Meeting ("AGM") dated 30 November 2020 were duly passed by way of poll at the 20th AGM held on 22 January 2021. The results of the poll were validated by the representative of Messrs Asia Securities Sdn. Bhd., the independent scruitneer appointed by the Company.
This announcement is dated 22 January 2021.
Note: Due to the change in the mode of holding the 20th AGM of the Company as announced on 12 January 2021, the venue of the 20th AGM held today was changed from Iconic Hotel, Bukit Mertajam, Penang to the Broadcast venue at the Boardroom, Lot 1499 (Lot Baru 10030) & 1500, Mk 11, Jalan Changkat, 14300 Nibong Tebal, Seberang Perai Selatan, Penang, Malaysia. |
Voting Results |
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1. Ordinary Resolution 1 |
||
| Description |
To approve the payment of a first and final single tier dividend of 1.5 sen per ordinary share in respect of financial year ended 31 July 2020 |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 32 | 1 |
| No. of Shares | 124,737,688 | 2 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
||
| Description |
To re-elect Dr. Cheah Soo Jin who retire in accordance with Article 88 of the Company's Constitution |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 30 | 2 |
| No. of Shares | 123,298,030 | 17,002 |
| % of Voted Shares | 99.9862 | 0.0138 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
||
| Description |
To-elect Ms Lim Bee Lee, who retire in accordance with Article 88 of the Company's Constitution |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 32 | 1 |
| No. of Shares | 124,737,688 | 2 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
4. Ordinary Resolution 4 |
||
| Description |
To approve the payment of Directors' Fees amounting to RM96,000 for the financial year ended 31 July 2020 |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 30 | 1 |
| No. of Shares | 123,298,030 | 2 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
5. Ordinary Resolution 5 |
||
| Description |
To approve the payment of Directors' Other Benefits up to RM29,000 from 23 January 2021 to 31 January 2022 |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 28 | 3 |
| No. of Shares | 123,295,030 | 3,002 |
| % of Voted Shares | 99.9976 | 0.0024 |
| Result | Accepted | |
6. Ordinary Resolution 6 |
||
| Description |
To re-appoint Messrs Crowe Malaysia PLT, the retiring Auditors, and to authorise the Directors to fix their remuneration |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 32 | 1 |
| No. of Shares | 124,737,688 | 2 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
7. Ordinary Resolution 7 |
||
| Description |
To authorise the Directors to issue shares pursuant to Section 75 of the Companies Act 2016 |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 31 | 2 |
| No. of Shares | 124,736,688 | 1,002 |
| % of Voted Shares | 99.9992 | 0.0008 |
| Result | Accepted | |
8. Ordinary Resolution 8 |
||
| Description |
To approve the renewal of Share Buy-Back Authority |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 32 | 1 |
| No. of Shares | 124,737,688 | 2 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
9. Ordinary Resolution 9 |
||
| Description |
To approve the renewal of shareholders' mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 27 | 1 |
| No. of Shares | 3,192,988 | 2 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
10. Ordinary Resolution 10 |
||
| Description |
To approve the continuing in office as Independent Non-Executive Director for Dr. Cheah Soo Jin |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 1 | 0 |
| No. of Shares | 83,545,000 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
11. Ordinary Resolution 10 Tier 2 |
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| Description |
To approve the continuing in office as Independent Non-Executive Director for Dr. Cheah Soo Jin |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 28 | 3 |
| No. of Shares | 39,752,930 | 17,102 |
| % of Voted Shares | 99.9570 | 0.0430 |
| Result | Accepted | |
Announcement Info
| Company Name | ASTINO BERHAD |
| Stock Name | ASTINO |
| Date Announced | 22 Jan 2021 |
| Category | General Meeting |
| Reference Number | GMA-15012021-00002 |
| Corporate Action ID | MY210115MEET0002 |