GENERAL MEETINGS: Outcome of Meeting
| MIECO CHIPBOARD BERHAD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 27 May 2021 |
| Time | 09:30 AM |
| Venue(s) |
Broadcast Venue Board Room, No. 1, Block C, Jalan Indah 2/6, Taman Indah, Batu 11, 43200 Cheras, Selangor Malaysia |
| Outcome of Meeting | The Board of Directors of Mieco Chipboard Berhad ("MIECO" or the "Company") is pleased to announce that at the Forty-Eighth Annual General Meeting ("48th AGM") of MIECO held today, all the resolutions as set out in the Notice of 48th AGM dated 28 April 2021, were duly passed by the shareholders of MIECO. The voting in respect of the resolutions were carried out by way of a poll and the results were validated by Symphony Merchant Sdn. Bhd., the Independent Scrutineer appointed by the Company. This announcement is dated 27 May 2021. |
Voting Results |
||
1. Ordinary Resolution 1 |
||
| Description |
To approve the Payment of Directors' fees and benefits to the Non-Executive Directors up to an amount of RM300,000.00 from 28 May 2021 until the next Annual General Meeting of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 41 | 20 |
| No. of Shares | 502,180,917 | 19,270 |
| % of Voted Shares | 99.9962 | 0.0038 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
||
| Description |
To re-elect Kajendra A/L Pathmanathan, who is retiring in accordance with Clause 103 of the Company's Constitution and who, being eligible, offer himself for re-election. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 45 | 16 |
| No. of Shares | 502,185,360 | 14,827 |
| % of Voted Shares | 99.9970 | 0.0030 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
||
| Description |
To re-elect Datuk Dr. Roslan Bin A. Ghaffar, who is retiring in accordance with Clause 103 of the Company's Constitution and who, being eligible, offer himself for re-election. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 45 | 16 |
| No. of Shares | 502,185,360 | 14,827 |
| % of Voted Shares | 99.9970 | 0.0030 |
| Result | Accepted | |
4. Ordinary Resolution 4 |
||
| Description |
To re-appoint Messrs UHY as auditors of the Company for the ensuing year and to authorise the Board of Directors to fix their remuneration. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 49 | 12 |
| No. of Shares | 502,187,840 | 12,347 |
| % of Voted Shares | 99.9975 | 0.0025 |
| Result | Accepted | |
5. Ordinary Resolution 5 |
||
| Description |
Authority to Issue Shares. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 45 | 16 |
| No. of Shares | 502,186,597 | 13,590 |
| % of Voted Shares | 99.9973 | 0.0027 |
| Result | Accepted | |
6. Ordinary Resolution 6 |
||
| Description |
Proposed Renewal of Existing Shareholders' Mandate and Proposed New Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature ("Proposed Shareholders' Mandate").
|
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 44 | 16 |
| No. of Shares | 19,830,418 | 17,550 |
| % of Voted Shares | 99.9116 | 0.0884 |
| Result | Accepted | |
7. Ordinary Resolution 7 |
||
| Description |
Proposed Renewal of Authority for the Company to Purchase Its Own Shares (Proposed Renewal of Share Buy-Back) |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 49 | 12 |
| No. of Shares | 502,190,797 | 9,390 |
| % of Voted Shares | 99.9981 | 0.0019 |
| Result | Accepted | |
Please refer attachment below.
Announcement Info
| Company Name | MIECO CHIPBOARD BERHAD |
| Stock Name | MIECO |
| Date Announced | 27 May 2021 |
| Category | General Meeting |
| Reference Number | GMA-27052021-00019 |
| Corporate Action ID | MY210527MEET0017 |