GENERAL MEETINGS: Outcome of Meeting
REX INDUSTRY BERHAD |
Type of Meeting | General |
Indicator | Outcome of Meeting |
Date of Meeting | 29 Nov 2021 |
Time | 10:00 AM |
Venue(s) |
To be held on a fully virtual basis hosted on Securities Services e-Portal at https://sshsb.net.my/ at Level 7, Menara Milenium, Jalan Damanlela, Pusat Bandar Damansara, Damansara Heights, 50490 Kuala Lumpur Malaysia |
Outcome of Meeting | The Board of Directors of Rex Industry Berhad ("the Company") wishes to announce that all the resolutions tabled at the Twenty-Seventh Annual General Meeting ("27th AGM") of the Company held today as per the Notice of the 27th AGM of the Company dated 29 October 2021 ("Notice") were approved by the shareholders.
All the resolutions were voted by poll via remote participation and electric voting and the results were validated by Commercial Quest Sdn. Bhd., the independent scrutineer appointed by the Company.
Details of the results of the poll in respect of all resolutions at the 27th AGM of the Company are set out below.
This announcement is dated 29 November 2021. |
Voting Results |
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1. Resolution 1 |
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Description |
To approve the payment of Directors' fees payable to the Non-Executive Directors amounting to RM270,750 to be paid on a quarterly basis for the financial year ending 30 June 2022 and thereafter. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 36 | 4 |
No. of Shares | 335,840,836 | 166,988 |
% of Voted Shares | 99.9503 | 0.0497 |
Result | Accepted | |
2. Resolution 2 |
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Description |
To approve the payment of Directors' benefits up to an amount of RM100,000 from 30 November 2021 until the next Annual General Meeting of the Company. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 35 | 5 |
No. of Shares | 335,840,828 | 166,996 |
% of Voted Shares | 99.9503 | 0.0497 |
Result | Accepted | |
3. Resolution 3 |
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Description |
To re-elect Encik Adnan bin Admad, who is due to retire in accordance with Clause 115 of the Company's Constitution and being eligible, had offered himself for re-election. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 37 | 4 |
No. of Shares | 335,840,840 | 166,988 |
% of Voted Shares | 99.9503 | 0.0497 |
Result | Accepted | |
4. Resolution 4 |
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Description |
To re-elect Mr. Darmendran Kunaretnam, who is due to retire in accordance with Clause 115 of the Company's Constitution and being eligible, had offered himself for re-election. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 37 | 4 |
No. of Shares | 335,840,840 | 166,988 |
% of Voted Shares | 99.9503 | 0.0497 |
Result | Accepted | |
5. Resolution 5 |
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Description |
To re-appoint Messrs. Moore Stephens Associates PLT as Auditors of the Company until the conclusion of the next Annual General Meeting and to authorise the Directors to fix their remuneration. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 39 | 2 |
No. of Shares | 336,007,540 | 288 |
% of Voted Shares | 99.9999 | 0.0001 |
Result | Accepted | |
6. Resolution 6 |
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Description |
Authority to Issue Shares pursuant to the Companies Act 2016. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 38 | 3 |
No. of Shares | 335,907,540 | 100,288 |
% of Voted Shares | 99.9702 | 0.0298 |
Result | Accepted | |
7. Resolution 7 |
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Description |
Proposed Renewal of Existing Shareholder Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 31 | 3 |
No. of Shares | 142,625,036 | 100,288 |
% of Voted Shares | 99.9297 | 0.0703 |
Result | Accepted | |
8. Resolution 8 |
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Description |
Proposed Renewal of Authority for the Company to Purchase its Own Shares. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 38 | 3 |
No. of Shares | 335,907,540 | 100,288 |
% of Voted Shares | 99.9702 | 0.0298 |
Result | Accepted | |
Announcement Info
Company Name | REX INDUSTRY BERHAD |
Stock Name | REX |
Date Announced | 29 Nov 2021 |
Category | General Meeting |
Reference Number | GMA-26112021-00016 |
Corporate Action ID | MY211126MEET0016 |