MTOUCHE

0.230

-0.03 (-11.5%)

GENERAL MEETINGS: Outcome of Meeting

MTOUCHE TECHNOLOGY BERHAD

Type of Meeting Extraordinary
Indicator Outcome of Meeting
Date of Meeting 02 Apr 2021
Time 11:00 AM

Venue(s)
Lot 18.2, 18th Floor, Menara Lien Hoe

No. 8, Persiaran Tropicana

Tropicana Golf & Country Resort

47410 Petaling Jaya, Selangor

Malaysia

Outcome of Meeting

The Board of mTouche Technology Berhad (“mTouche” or the “Company”) is pleased to announce that the resolutions as set out in the Notice of the Extraordinary General Meeting (“EGM”) of the Company dated 18 March 2021 were duly passed as Ordinary Resolutions by way of a poll at the EGM of the Company held on Friday, 2 April 2021 at 11.00 a.m.

 

The result of the poll which was validated by Sharepolls Sdn. Bhd., the Independent Scrutineer appointed by the Company.

 

This announcement is dated 2 April 2021.


Voting Results


1. Ordinary Resolution 1

Description
PROPOSED DIVERSIFICATION OF THE EXISTING BUSINESS OF MTOUCHE AND ITS SUBSIDIARIES ("GROUP") TO INCLUDE BUSINESSES RELATING TO THE HEALTHCARE INDUSTRY ("PROPOSED DIVERSIFICATION")
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 12 0
No. of Shares 160,954,325 0
% of Voted Shares 100.0000 0.0000
Result Accepted

2. Ordinary Resolution 2

Description
PROPOSED CONSOLIDATION OF EVERY 10 EXISTING ORDINARY SHARES IN MTOUCHE ("MTOUCHE SHARES" OR "SHARES") INTO 1 SHARE ("CONSOLIDATED SHARE") ("PROPOSED SHARE CONSOLIDATION")
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 5 7
No. of Shares 160,361,100 593,225
% of Voted Shares 99.6314 0.3686
Result Accepted

3. Ordinary Resolution 3

Description
PROPOSED RENOUNCEABLE RIGHTS ISSUE OF UP TO 794,374,098 NEW ORDINARY SHARES IN THE COMPANY ("MTOUCHE SHARES" OR "SHARES") ("RIGHTS SHARES") TOGETHER WITH UP TO 397,187,049 FREE DETACHABLE WARRANTS IN MTOUCHE ("WARRANTS D") ON THE BASIS OF 6 RIGHTS SHARES TOGETHER WITH 3 FREE WARRANTS D FOR EVERY 1 EXISTING CONSOLIDATED SHARE HELD BY THE ENTITLED SHAREHOLDERS OF MTOUCHE ("ENTITLED SHAREHOLDERS") ON AN ENTITLEMENT DATE TO BE DETERMINED ("RIGHTS ENTITLEMENT DATE") ("PROPOSED RIGHTS ISSUE WITH WARRANTS")
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 5 7
No. of Shares 160,949,000 5,325
% of Voted Shares 99.9967 0.0033
Result Accepted

4. Ordinary Resolution 4

Description
PROPOSED EXTENSION OF TIMEFRAME FOR THE UTILISATION OF THE REMAINING PROCEEDS RAISED FROM THE RIGHTS ISSUE EXERCISE THAT WAS COMPLETED ON 9 NOVEMBER 2017 ("RIGHT ISSUE 2017")("PROPOSED EXTENSION OF TIME")
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 8 4
No. of Shares 160,949,625 4,700
% of Voted Shares 99.9971 0.0029
Result Accepted






Announcement Info

Company Name MTOUCHE TECHNOLOGY BERHAD
Stock Name MTOUCHE
Date Announced 02 Apr 2021
Category General Meeting
Reference Number GMA-23032021-00001
Corporate Action ID MY210323MEET0001