GENERAL MEETINGS: Outcome of Meeting
| MAH SING GROUP BERHAD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 30 Jun 2021 |
| Time | 10:00 AM |
| Venue(s) |
Online Meeting Platform via TIIH Online website at https://tiih.online or https://tiih.com.my (Domain registration number with MYNIC: D1A282781) provided by Tricor Investor & Issuing House Services Sdn. Bhd. Malaysia |
| Outcome of Meeting | The Board of Directors of Mah Sing Group Berhad (“Mah Sing” or "Company") wishes to announce that the shareholders of Mah Sing had, at the Twenty-Ninth Annual General Meeting ("AGM") of Mah Sing held on 30 June 2021 approved all resolutions set out in the notice of AGM dated 30 April 2021 contained in the Annual Report for the financial year ended 31 December 2020. All the resolutions were voted by poll and the results of the poll were validated by Asia Securities Sdn Bhd, the Independent Scrutineer appointed by the Company. Details of the said results are set out below. In connection thereto, the first and final single-tier dividend of 1.66 sen per ordinary share in respect of the financial year ended 31 December 2020 will be paid on 29 September 2021 to the shareholders registered in the Record of Depositors on 17 September 2021. This announcement is dated 30 June 2021. |
Voting Results |
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1. Ordinary Resolution 1 |
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| Description |
To approve the declaration of a first and final single-tier dividend of 1.66 sen per ordinary share in respect of the financial year ended 31 December 2020. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 385 | 18 |
| No. of Shares | 1,345,247,543 | 31,282 |
| % of Voted Shares | 99.9977 | 0.0023 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
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| Description |
To approve the Directors' fees of RM228,000 for the financial year ended 31 December 2020. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 334 | 60 |
| No. of Shares | 1,344,614,553 | 487,422 |
| % of Voted Shares | 99.9638 | 0.0362 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
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| Description |
To re-elect Tan Sri Dato' Sri Leong Hoy Kum who retires pursuant to Article 107 of the Company's Constitution. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 360 | 42 |
| No. of Shares | 1,335,394,945 | 9,878,880 |
| % of Voted Shares | 99.2657 | 0.7343 |
| Result | Accepted | |
4. Ordinary Resolution 4 |
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| Description |
To re-elect Abd Malik Bin A Rahman who retires pursuant to Article 107 of the Company's Constitution. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 359 | 39 |
| No. of Shares | 1,340,339,230 | 4,894,345 |
| % of Voted Shares | 99.6362 | 0.3638 |
| Result | Accepted | |
5. Ordinary Resolution 5 |
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| Description |
To re-appoint Deloitte PLT as Auditors of the Company for the financial year ending 31 December 2021 and to authorise the Directors to fix their remuneration. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 368 | 33 |
| No. of Shares | 1,342,031,520 | 3,242,105 |
| % of Voted Shares | 99.7590 | 0.2410 |
| Result | Accepted | |
6. Ordinary Resolution 6 |
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| Description |
To approve the proposed authority to allot shares pursuant to Sections 75 and 76 of the Companies Act 2016. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 335 | 62 |
| No. of Shares | 973,658,171 | 371,598,354 |
| % of Voted Shares | 72.3771 | 27.6229 |
| Result | Accepted | |
7. Ordinary Resolution 7 |
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| Description |
To approve the proposed renewal of shareholders' mandate for recurrent related party transactions of a revenue or trading nature as specified in Section 2.3.1 of the Circular to Shareholders of the Company dated 30 April 2021. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 346 | 34 |
| No. of Shares | 490,949,416 | 358,445 |
| % of Voted Shares | 99.9270 | 0.0730 |
| Result | Accepted | |
8. Ordinary Resolution 8 |
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| Description |
To approve the proposed renewal of share buy-back authority. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 359 | 41 |
| No. of Shares | 975,214,999 | 370,054,726 |
| % of Voted Shares | 72.4922 | 27.5078 |
| Result | Accepted | |
Announcement Info
| Company Name | MAH SING GROUP BERHAD |
| Stock Name | MAHSING |
| Date Announced | 30 Jun 2021 |
| Category | General Meeting |
| Reference Number | GMA-29062021-00028 |
| Corporate Action ID | MY210629MEET0028 |