GENERAL MEETINGS: Outcome of Meeting
| NOTION VTEC BERHAD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 03 Mar 2021 |
| Time | 09:30 AM |
| Venue(s) |
Broadcast Venue Tricor Business Centre, Manuka 2 & 3 Meeting 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 Notion VTec Berhad ("the Company") is pleased to announce that all the resolutions as set out in the Notice of the Seventeenth Annual General Meeting ("17th AGM") of the Company dated 29 January 2021 were duly passed by way of poll at the 17th AGM of the Company held on 3 March 2021.
The results of the poll were validated by Asia Securities Sdn Berhad, the Independent Scrutineer appointed by the Company.
The results of the poll are set out below.
This announcement is dated 3 March 2021. |
Voting Results |
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1. Ordinary Resolution 1 |
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| Description |
To re-elect Mr Choo Wing Onn who is retiring in accordance with Clause 95 of the Constitution of the Company. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 99 | 8 |
| No. of Shares | 148,446,841 | 33,188 |
| % of Voted Shares | 99.9776 | 0.0224 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
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| Description |
To re-elect Mr Saw Tat Loon who is retiring in accordance with Clause 95 of the Constitution of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 97 | 10 |
| No. of Shares | 148,447,536 | 32,493 |
| % of Voted Shares | 99.9781 | 0.0219 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
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| Description |
To re-elect Ms Anita Chew Cheng Im who is retiring in accordance with Clause 95 of the Constitution of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 95 | 11 |
| No. of Shares | 147,992,091 | 37,938 |
| % of Voted Shares | 99.9744 | 0.0256 |
| Result | Accepted | |
4. Ordinary Resolution 4 |
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| Description |
To approve the payment of Directors' Fees of up to RM300,000 and benefits payable to the Directors of the Company of up to RM50,000 from 3 March 2021 until the conclusion of the next AGM of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 87 | 17 |
| No. of Shares | 147,448,552 | 89,788 |
| % of Voted Shares | 99.9391 | 0.0609 |
| Result | Accepted | |
5. Ordinary Resolution 5 |
||
| Description |
To re-appoint Crowe Malaysia PLT as Auditors of the Company and to authorise the Directors to fix their remuneration. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 98 | 9 |
| No. of Shares | 148,452,253 | 27,776 |
| % of Voted Shares | 99.9813 | 0.0187 |
| Result | Accepted | |
6. Ordinary Resolution 6 |
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| Description |
To approve Mr Saw Tat Loon to continue in office as an Independent Non-Executive Director. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 94 | 13 |
| No. of Shares | 148,436,210 | 43,819 |
| % of Voted Shares | 99.9705 | 0.0295 |
| Result | Accepted | |
7. Ordinary Resolution 7 |
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| Description |
To approve Ms Anita Chew Cheng Im to continue in office as an Independent Non-Executive Director. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 92 | 14 |
| No. of Shares | 147,985,210 | 44,819 |
| % of Voted Shares | 99.9697 | 0.0303 |
| Result | Accepted | |
8. Ordinary Resolution 8 |
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| Description |
To approve the proposed renewal of authority for the Company to purchase its own Ordinary Shares. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 97 | 10 |
| No. of Shares | 148,433,241 | 46,788 |
| % of Voted Shares | 99.9685 | 0.0315 |
| Result | Accepted | |
9. Special Resolution 1 |
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| Description |
To approve the proposed 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 | 88 | 18 |
| No. of Shares | 148,380,791 | 80,838 |
| % of Voted Shares | 99.9455 | 0.0545 |
| Result | Accepted | |
Announcement Info
| Company Name | NOTION VTEC BERHAD |
| Stock Name | NOTION |
| Date Announced | 03 Mar 2021 |
| Category | General Meeting |
| Reference Number | GMA-03032021-00006 |
| Corporate Action ID | MY210303MEET0006 |